Komori
Mitsui DM Sugar (2109) · RiskWorsened

Contingent burden arising from guarantee obligations to non-consolidated companies

First written in FY2018-Q2. 20 of 28 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.

28entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019-Q3 – FY2020-Q3WorsenedFY2022 – FY2024MitigatedFY2025-H1 – FY2026-H12017: 12018: 320182019: 420192020: 420202021: 420212022: 320222023: 320232024: 320242025: 220252026: 12026
Same theme, other companies
Guarantees of borrowings by non-consolidated companiesA theme 50 companies write about · 51 as a headwind · 0 as a tailwind

Mitsui DM Sugar moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).

The whole theme swung hardest in 2026: 6 of 28 companies on the "Worse" side.

6 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Kaset Phol Sugar Ltd. ¥7,355 million ¥8,081 million Sugar Refiners Association ¥23 million ¥11 million」

    Guarantee liabilities for non-consolidated companies increased from the equivalent of ¥7,378 million at the end of the previous fiscal year to the equivalent of ¥8,092 million.
  2. FY2026-H1MitigatedAnnual report

    「Kaset Phol Sugar Ltd., ¥7,355 million, ¥7,172 million Sugar Refiners Association, ¥23 million, ¥14 million total, ¥7,379 million, ¥7,187 million」

    Guarantee liabilities for non-consolidated companies decreased from ¥7,379 million at the end of the previous fiscal year to ¥7,187 million. No guarantee call is reported.
  3. FY2025MitigatedAnnual report

    「Kaset Phol Sugar Ltd., ¥9,627 million, ¥7,355 million Sugar Refiners Association, ¥23 million, ¥23 million」

    Guarantee liabilities for non-consolidated companies decreased from the equivalent of ¥9,650 million at the end of the previous fiscal year to ¥7,378 million. No guarantee call is reported.
  4. FY2025-H1MitigatedAnnual report

    「Kaset Phol Sugar Ltd., ¥9,627 million, ¥8,353 million Sugar Refiners Association, ¥23 million, ¥20 million total, ¥9,651 million, ¥8,374 million」

    Guarantee liabilities for non-consolidated companies decreased from ¥9,651 million at the end of the previous fiscal year to ¥8,374 million. No guarantee call is reported.
  5. FY2024WorsenedAnnual report

    「Kaset Phol Sugar Ltd. ¥9,060 million ¥9,627 million Sugar Refiners Association ¥0 million ¥23 million」

    Guarantee liabilities for non-consolidated companies increased from the equivalent of ¥9,060 million at the end of the previous fiscal year to the equivalent of ¥9,650 million, with ¥9,627 million in guarantees for Kaset Phol Sugar Ltd. and ¥23 million for the Sugar Refiners Association disclosed.
  6. FY2024-Q3WorsenedAnnual report

    「Kaset Phol Sugar Ltd., ¥9,060 million, ¥9,559 million Sugar Refiners Association, ¥0 million, ¥25 million total, ¥9,060 million, ¥9,584 million」

    Guarantee liabilities for non-consolidated companies increased from ¥9,060 million at the end of the previous fiscal year to ¥9,584 million, and a ¥25 million guarantee for the Sugar Refiners Association was also disclosed.
  7. FY2024-Q2WorsenedAnnual report

    「Kaset Phol Sugar Ltd., ¥9,060 million, ¥9,468 million Sugar Refiners Association, ¥0 million, ¥26 million total, ¥9,060 million, ¥9,495 million」

    Guarantee liabilities for non-consolidated companies increased from ¥9,060 million at the end of the previous fiscal year to ¥9,495 million, and a ¥26 million guarantee for the Sugar Refiners Association was also disclosed.
  8. FY2024-Q1WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2023); first quarter of the current consolidated fiscal year (30 June 2023): Kaset Phol Sugar Ltd., ¥9,060 million, ¥9,423 million; Sugar Refiners Association, ¥0 million, ¥27 million; total, ¥9,060 million, ¥9,450 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥9,060 million to ¥9,450 million, and a new guarantee of ¥27 million for the Sugar Refiners Association was disclosed. No guarantee call is reported.
  9. FY2023WorsenedAnnual report

    「Kaset Phol Sugar Ltd. ¥8,537 million ¥9,060 million」

    Guarantee liabilities for non-consolidated companies increased from ¥8,537 million at the end of the previous fiscal year to ¥9,060 million. It does not state that the guarantees were called.
  10. FY2023-Q2WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2022); second quarter of the current consolidated fiscal year (30 September 2022): Kaset Phol Sugar Ltd., ¥8,537 million, ¥8,833 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥8,537 million at the end of the previous fiscal year to ¥8,833 million. It does not state that the guarantees were called.
  11. FY2023-Q1WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2022); first quarter of the current consolidated fiscal year (30 June 2022): Kaset Phol Sugar Ltd., ¥8,537 million, ¥8,923 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥8,537 million at the end of the previous fiscal year to ¥8,923 million. It does not state that the guarantees were called.
  12. FY2022WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2021); current fiscal year (31 March 2022): Kaset Phol Sugar Ltd., ¥8,219 million, ¥8,537 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥8,219 million at the end of the previous fiscal year to ¥8,537 million. No guarantee call is reported.
  13. FY2022-Q2MitigatedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2021): Kaset Phol Sugar Ltd., ¥8,219 million; second quarter of the current consolidated fiscal year (30 September 2021), ¥7,675 million.」

    Guarantee liabilities for non-consolidated companies decreased from ¥8,219 million at the end of the previous fiscal year to ¥7,675 million.
  14. FY2022-Q1WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2021); first quarter of the current consolidated fiscal year (30 June 2021): Kaset Phol Sugar Ltd., ¥8,219 million, ¥7,992 million; The Kumphawapi Sugar Co., Ltd., ¥0 million, ¥714 million; total, ¥8,219 million, ¥8,707 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥8,219 million to ¥8,707 million, and a new guarantee of ¥714 million for The Kumphawapi Sugar Co., Ltd. was disclosed. No guarantee call is reported.
  15. FY2021WorsenedAnnual report

    「Kaset Phol Sugar Ltd., ¥6,729 million, ¥8,219 million; Hokuie Co., Ltd., ¥13 million, ¥0 million; total, ¥6,742 million, ¥8,219 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥6,742 million at the end of the previous fiscal year to ¥8,219 million.
  16. FY2021-Q3WorsenedAnnual report

    「Kaset Phol Sugar Ltd., ¥6,729 million, ¥8,000 million; Hokuie Co., Ltd., ¥13 million, ¥0 million; total, ¥6,742 million, ¥8,000 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥6,742 million at the end of the previous fiscal year to ¥8,000 million. No guarantee call is reported.
  17. FY2021-Q2MitigatedAnnual report

    「Kaset Phol Sugar Ltd., ¥6,729 million, ¥6,998 million; Hokuie Co., Ltd., ¥13 million, ¥0 million; total, ¥6,742 million, ¥6,998 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥6,742 million at the end of the previous fiscal year to ¥6,998 million, but decreased by ¥172 million from ¥7,170 million at the end of the immediately preceding quarter. No guarantee call is reported.
  18. FY2021-Q1WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2020); first quarter of the current consolidated fiscal year (30 June 2020): Kaset Phol Sugar Ltd., ¥6,729 million, ¥7,167 million; Hokuie Co., Ltd., ¥13 million, ¥2 million; total, ¥6,742 million, ¥7,170 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥6,742 million at the end of the previous fiscal year to ¥7,170 million. No guarantee call is reported.
  19. FY2020Year-end guarantee liabilities declined from the previous quarter but remained at a high levelAnnual report

    「Kaset Phol Sugar Ltd., ¥3,027 million, ¥6,729 million; Hokuie Co., Ltd., ¥13 million, ¥13 million; total, ¥3,040 million, ¥6,742 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥3,040 million at the end of the previous fiscal year to ¥6,742 million, while decreasing from ¥7,131 million at the end of the previous quarter.
  20. FY2020-Q3WorsenedAnnual report

    「Kaset Phol Sugar Ltd., ¥3,027 million, ¥7,087 million; Hokuie Co., Ltd., ¥13 million, ¥44 million; total, ¥3,040 million, ¥7,131 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥3,040 million at the end of the previous fiscal year to ¥7,131 million.
  21. FY2020-Q2WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2019); second quarter of the current consolidated fiscal year (30 September 2019): Kaset Phol Sugar Ltd., ¥3,027 million, ¥6,634 million; Hokuie Co., Ltd., ¥13 million, ¥13 million; total, ¥3,040 million, ¥6,647 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥3,040 million at the end of the previous fiscal year to ¥6,647 million.
  22. FY2020-Q1WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2019); first quarter of the current consolidated fiscal year (30 June 2019): Kaset Phol Sugar Ltd., ¥3,027 million, ¥4,540 million; Hokuie Co., Ltd., ¥13 million, ¥7 million; total, ¥3,040 million, ¥4,547 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥3,040 million to ¥4,547 million.
  23. FY2019WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2018); current fiscal year (31 March 2019): Kaset Phol Sugar Ltd., ¥464 million, ¥3,027 million; Hokuie Co., Ltd., ¥11 million, ¥13 million; total, ¥476 million, ¥3,040 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥476 million to ¥3,040 million. No guarantee call is reported.
  24. FY2019-Q3WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2018); third quarter of the current consolidated fiscal year (31 December 2018): Kaset Phol Sugar Co., Ltd., ¥464 million, ¥0 million; Hokuie Co., Ltd., ¥11 million, ¥30 million; total, ¥476 million, ¥30 million.」

    Guarantee liabilities for non-consolidated companies stood at ¥30 million, up from ¥476 million at the end of the previous fiscal year and ¥8 million in the previous quarter. No guarantee call is reported.
  25. FY2019-Q2MitigatedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2018); second quarter of the current consolidated fiscal year (30 September 2018): Kaset Phol Sugar Co., Ltd., ¥464 million, ¥0 million; Hokuie Co., Ltd., ¥11 million, ¥8 million; total, ¥476 million, ¥8 million.」

    Guarantee liabilities for non-consolidated companies decreased from ¥476 million at the end of the previous fiscal year to ¥8 million. No guarantee call is reported.
  26. FY2019-Q1WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2018); first quarter of the current consolidated fiscal year (30 June 2018): Kaset Phol Sugar Ltd., ¥464 million, ¥916 million; Hokuie Co., Ltd., ¥11 million, ¥7 million; total, ¥476 million, ¥924 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥476 million at the end of the previous fiscal year to ¥924 million. It does not state that the guarantees were called.
  27. FY2018-Q3WorsenedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2017); third quarter of the current consolidated fiscal year (31 December 2017): Kaset Phol Sugar Co., Ltd., ¥0 million, ¥468 million; Hokuie Co., Ltd., ¥11 million, ¥42 million; total, ¥11 million, ¥511 million.」

    Guarantee liabilities for non-consolidated companies increased from ¥11 million in the previous fiscal year to ¥511 million, and also increased from ¥467 million in the previous quarter. It does not state that the guarantees were called.
  28. FY2018-Q2First statedAnnual report

    「Joint and several guarantees for borrowings and other obligations of non-consolidated companies from financial institutions and other lenders were as follows. Previous fiscal year (31 March 2017); second quarter of the current consolidated fiscal year (30 September 2017): Kaset Phol Sugar Co., Ltd., ¥0 million, ¥459 million; Hokuie Co., Ltd., ¥11 million, ¥8 million; total, ¥11 million, ¥467 million.」

    The company disclosed ¥467 million in joint and several guarantee liabilities for non-consolidated companies. It does not state that an obligation to pay had actually arisen.
Moved together

"Deterioration in Performance at Thai Affiliate and Decline in Equity-Method Investment Income" moved the same way as this thread, in the same document, in 13 of its 28 moves.

1397555★123456
  1. ★This thread
  2. 1Deterioration in Performance at Thai Affiliate and Decline in Equity-Method Investment Income13×
  3. 2Decline in sugar sales volumes due to unsettled summer weather and lower sales to mass retailers9×
  4. 3Fluctuations in Raw Sugar Prices and Product Selling Prices7×
  5. 4Asian Expansion Centered on China and Thailand5×
  6. 5Concerns about a downturn in the domestic economy due to an Asian economic slowdown, Brexit and yen appreciation5×
  7. 6Worsening Business Environment in the Food Industry Due to Labor Shortages, Higher Logistics Costs and Rising Raw Material Prices5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Mitsui DM Sugar's next results are scheduled for 2026-10-30. Read the earnings preview
News
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