Risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties
First written in FY2016. 15 of 25 entries say "Materialised", first in FY2020-Q1. Latest entry: 2026-10-06.
Kitahama Capital Partners moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Restated".
- FY2026MaterialisedAnnual report
「The ordinary loss increased by ¥582 million from the previous consolidated fiscal year to ¥1,184 million, mainly due to the recognition of a ¥139,097 million provision for allowance for doubtful accounts. The Company recognized an allowance for doubtful accounts of ¥142.023 million against receivables from 山陽小野田バイオマス燃料供給株式会社.」
Collection concerns regarding borrowers and affiliated companies continued to appear as allowances for doubtful accounts in the current period, including a ¥139.097 million provision for allowance for doubtful accounts and an allowance against ¥142.023 million in receivables from 山陽小野田バイオマス燃料供給会社. - FY2025MaterialisedAnnual report
「① An allowance for doubtful accounts has been recognized for receivables arising from the sale of the washing plant equipment to 株式会社フォレストシステム, taking collectibility into consideration. ② An allowance for doubtful accounts has been recognized for loans to プリンセスライン株式会社, taking into consideration the collateral value of vehicles and other assets held by the borrower. ③ The Company decided to recognize an allowance for doubtful accounts for receivables from Free Plus Holdings株式会社, taking into comprehensive consideration the company's financial condition and other factors.」
The Company reviewed the collectibility of multiple receivables and loans and recognized an allowance for doubtful accounts. The allowance for doubtful accounts on current assets amounted to ¥326 million, with collection risk continuing to appear in the actual accounting treatment. - FY2024MaterialisedAnnual report
「The Company recognized an allowance for doubtful accounts against loans and accounts receivable totaling ¥189.349 million, plus interest, for which there were concerns about collectibility.」
An allowance for doubtful accounts exceeding ¥189 million was recognized against loans and accounts receivable for which there were concerns about collectibility. At the same time, the Company recognized a ¥110 million reversal of allowances for doubtful accounts established in prior periods. - FY2024-Q3MaterialisedAnnual report
「Non-operating expenses Provision for allowance for doubtful accounts - 21,849 (Excerpt) Extraordinary losses Provision for allowance for doubtful accounts - 77,500」
During the nine-month period ended the third quarter, the Company recognized provisions for allowance for doubtful accounts of ¥21.849 million in non-operating expenses and ¥77.5 million in extraordinary losses. While the collection risk relating to loans and trade receivables continues to appear as actual losses, the Company also recognized an ¥82.5 million reversal of the allowance for doubtful accounts. - FY2024-Q2MaterialisedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets decreased by ¥206 million from the end of the previous consolidated fiscal year to ¥1,117 million. The main factors were an ¥81 million decrease in cash and deposits, a ¥79 million decrease resulting from the recognition of allowances for doubtful accounts against loans to operating companies and trade receivables, and a ¥25 million decrease in land, among others. Extraordinary losses Provision for allowance for doubtful accounts - 77,500」
The Company recognized allowances for doubtful accounts against loans to operating companies and trade receivables, reducing assets by ¥79 million. It also recognized a ¥77.5 million provision for allowance for doubtful accounts as an extraordinary loss, with collection risk continuing to appear as an actual loss in the income statement. - FY2024-Q1MitigatedAnnual report
「Reversal of allowance for doubtful accounts - 20,000」
The Company recognized a ¥20 million reversal of the allowance for doubtful accounts as extraordinary income in the first quarter, reversing part of the allowance recognized in prior periods. - FY2023MaterialisedAnnual report
「The Company recognized an allowance for doubtful accounts against loans and accounts receivable totaling ¥427.5 million, plus interest, for which there were concerns about collectibility.」
An allowance for doubtful accounts was recognized against loans and accounts receivable totaling ¥427.5 million deemed difficult to collect, with credit and collection risk continuing to appear as losses for the period. - FY2021MaterialisedAnnual report
「At the subsidiary セブンスター株式会社, an allowance for doubtful accounts was recognized for ¥15.942 million of the ¥31.832 million in trade receivables, including PC maintenance fees, due from the company's customers.」
Concerns arose regarding the collection of trade receivables from セブンスター's customers, and an allowance for doubtful accounts of ¥15.942 million was recognized. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no significant changes in the occurrence of major risks that management recognizes could materially affect the financial condition, operating results or cash flows of the consolidated companies, or in the matters concerning business and other risks described in the annual securities report for the previous fiscal year, among the matters concerning business conditions, accounting and other matters described in the current quarterly report.」
It concludes that there have been no material changes in the collection risk arising from deterioration in the creditworthiness of investees and borrowers. - FY2020MaterialisedAnnual report
「The Group carried out impairment accounting because the underlying value of the Social Issues Resolution Business Growth Fund had declined significantly.」
The fair value of the Social Issues Solutions Business Growth Fund fell significantly, resulting in an impairment loss on investment securities of ¥207.505 million. - FY2020MaterialisedAnnual report
「Loans were made to 2 domestic operating companies as working capital, but collection has been delayed because the management of the 2 companies deteriorated due to the impact of COVID-19. Following discussions with the audit firm, allowances were recognized against these loans because, under these economic conditions, the outlook for the future business of the 2 companies was uncertain and the impact was difficult to estimate.」
Deterioration in the borrowers' businesses and delays in collection actually occurred, and the provision for loan losses for the current fiscal year was ¥826 million. - FY2020-Q3MaterialisedAnnual report
「As stated in the notice regarding the revision of the full-year earnings forecast and recording of extraordinary loss announced on 14 August 2019, the Group recorded ¥293 million in extraordinary loss because the expected repayment of loans was delayed and additional loan-loss allowances were conservatively recognized. Provision for loan losses 313,438」
Loan repayment delays continued, resulting in a loss from an additional provision for loan losses. The main text states ¥293 million, while the quarterly consolidated statement of income reports provision for loan losses of ¥313,438 thousand. - FY2020-Q2MaterialisedAnnual report
「As stated in the notice regarding the revision of the full-year earnings forecast and recording of extraordinary loss announced on 14 August 2019, the Group recorded ¥294 million in extraordinary loss because the expected repayment of loans was delayed and additional loan-loss allowances were conservatively recognized.」
Loan repayment delays actually occurred, and the Group recorded ¥294 million in extraordinary loss due to an additional provision for loan losses. - FY2020-Q1MaterialisedAnnual report
「Because the expected repayment of loans was delayed, the Group conservatively recorded an additional ¥293 million in extraordinary loss for provision for loan-loss allowances.」
The expected repayment of loans was in fact delayed, and the Group recorded ¥293 million in provision for loan losses as an extraordinary loss. The risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties has materialized as a loss. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group states that there have been no significant changes in the risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The Group states that there have been no significant changes in the risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group concludes that there have been no significant changes in the risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group concludes that there have been no significant changes in the risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The Group concludes that there have been no significant changes in the risk of impaired recovery due to deterioration in the creditworthiness of equity investment and lending counterparties. - FY2016First statedAnnual report
「If the financial condition of an equity investment or lending counterparty deteriorates, recovery of invested capital and other amounts may become difficult, which could affect the Group's business results and financial condition.」
For equity investments in and loans to SPCs, investment limited partnerships and operating companies, the Group identifies credit risk that is higher than that associated with ordinary trade receivables.