Custody and segregation-management risk for funds held in connection with payment collection services
First written in FY2016. 22 of 36 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Decrease in the balance of funds held on behalf of merchantsAnnual report
「Amounts temporarily held by the company through its collection services are recorded on both sides of the balance sheet as “cash and deposits” (assets) and “funds held for collection services” (liabilities).」
Funds held for collection services declined from ¥12,407 million at the end of the previous fiscal year to ¥8,917 million. The company continues to describe its practice of segregating these funds and remitting them to businesses on the prescribed dates. - FY2026-H1Increase in funds held for collection servicesAnnual report
「Cash and deposits include ¥18,573 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month.」
The balance of funds held on behalf of merchants increased from ¥12,407 million at the end of the previous fiscal year to ¥18,573 million. The structure of remitting the funds to the merchants after holding them temporarily continues to be described. - FY2025Update to the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥12,407 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month.」
The balance of funds held on behalf of merchants is stated as ¥12,407 million, and the structure of holding the funds temporarily until remittance in the following month has been reconfirmed. - FY2025-H1ReframedAnnual report
「Cash and deposits include ¥19,092 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month. Funds held on behalf of customers in connection with remittance services are also included in deposits received. After offsetting the deposit in the trust account for remittance services, the balance is ¥961 million, which is also remitted to the merchants' business partners on the scheduled date. These funds are held temporarily by the Company.」
The description explicitly sets out the temporary holding structure, including funds held on behalf of merchants, funds held in connection with remittance services and the trust account. The balance of funds held on behalf of merchants increased from ¥11,427 million at the end of the previous fiscal year to ¥19,092 million. - FY2024Increase in funds held for collection servicesAnnual report
「Cash and deposits include ¥11,427 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month.」
The balance of funds held on behalf of merchants increased from ¥10,441 million at the end of the previous fiscal year to ¥11,427 million. The structure of holding the funds temporarily until remittance in the following month and segregating them continues to be described. - FY2024-Q3Decrease in the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥9,842 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The balance of funds held on behalf of merchants decreased from ¥10,441 million at the end of the previous fiscal year to ¥9,842 million. The structure of holding the funds temporarily until remittance in the following month continues to be described. - FY2024-Q2Increase in funds held for collection servicesAnnual report
「Cash and deposits include ¥12,479 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The balance of funds held on behalf of merchants increased from ¥10,441 million at the end of the previous fiscal year to ¥12,479 million. The structure of holding the funds temporarily until remittance in the following month continues to be described. - FY2024-Q1Decrease in the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥9,137 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The balance of funds held on behalf of merchants decreased from ¥10,441 million at the end of the previous fiscal year to ¥9,137 million. The structure of holding the funds temporarily until remittance in the following month continues to be described. - FY2023Update to the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥10,441 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company in segregated accounts.」
The balance of funds held on behalf of merchants increased from ¥10,170 million at the end of the previous fiscal year to ¥10,441 million. The structure of segregating the funds and remitting them on the scheduled date in the following month continues to be described. - FY2023-Q3Update to the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥14,544 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The balance of funds held on behalf of merchants increased from ¥10,170 million at the end of the previous fiscal year to ¥14,544 million. The structure of holding the funds temporarily until remittance in the following month continues to be described. - FY2023-Q2Update to the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥15,090 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The balance of funds held on behalf of merchants increased from ¥10,170 million at the end of the previous fiscal year to ¥15,090 million. The structure of holding the funds temporarily until remittance in the following month continues to be described. - FY2023-Q1Update to the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥12,744 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The balance of funds held on behalf of merchants increased from ¥10,170 million at the end of the previous fiscal year to ¥12,744 million. The structure of holding the funds temporarily until remittance in the following month continues to be described. - FY2022Update to the balance of funds held on behalf of merchantsAnnual report
「Cash and deposits include ¥10,170 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company in segregated accounts.」
The balance of funds held on behalf of merchants increased from ¥8,349 million to ¥10,170 million. The structure of segregating the funds and remitting them on the scheduled date in the following month continues to be described. - FY2022-Q3RestatedAnnual report
「Cash and deposits include ¥11,749 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which ¥11,749 million in funds held on behalf of merchants is held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. The balance has declined from ¥13,825 million in the previous quarter. - FY2022-Q2RestatedAnnual report
「Cash and deposits include ¥13,825 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which funds held on behalf of merchants are held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. The balance at the end of the second quarter was ¥13,825 million. - FY2022-Q1RestatedAnnual report
「Cash and deposits include ¥8,403 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which funds held on behalf of merchants are held temporarily and remitted to the merchants in the following month has been reconfirmed, and the balance is stated as ¥8,403 million. - FY2021RestatedAnnual report
「Cash and deposits include ¥8,349 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company in segregated accounts.」
The structure under which funds held on behalf of merchants are segregated and remitted in the following month has been reconfirmed, and the balance at the end of the fiscal year is stated as ¥8,349 million. - FY2021-Q3RestatedAnnual report
「Cash and deposits include ¥7,702 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which ¥7,702 million in funds held on behalf of merchants is held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. - FY2021-Q2RestatedAnnual report
「Cash and deposits include ¥9,208 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which ¥9,208 million in funds held on behalf of merchants is held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. - FY2021-Q1RestatedAnnual report
「Cash and deposits include ¥10,094 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which ¥10,094 million in funds held on behalf of merchants is held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. - FY2020RestatedAnnual report
「Cash and deposits include ¥6,339 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which funds held on behalf of merchants are held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. The balance at the end of the fiscal year was ¥6,339 million. - FY2020-Q3RestatedAnnual report
「Cash and deposits include ¥7,442 million in funds held on behalf of merchants in connection with collection agency services. These funds are remitted to the merchants on the scheduled date in the following month and are held temporarily by the Company.」
The structure under which ¥7,442 million in funds held on behalf of merchants is held temporarily and remitted to the merchants on the scheduled date in the following month has been reconfirmed. - FY2020-Q2RestatedAnnual report
「Cash and deposits include ¥10,282 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥10,282 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2020-Q1RestatedAnnual report
「Cash and deposits include ¥13,719 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥13,719 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2019RestatedAnnual report
「Amounts temporarily held by the company through its collection services are recorded on both sides of the balance sheet as “cash and deposits” (assets) and “funds held for collection services” (liabilities).」
The company has reconfirmed the structure under which funds held for collection services are segregated, temporarily held and then remitted to merchants. The balance at the end of the fiscal year was ¥9,393 million. - FY2019-Q3RestatedAnnual report
「Cash and deposits include ¥12,928 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥12,928 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2019-Q2RestatedAnnual report
「Cash and deposits include ¥13,830 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥13,830 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2018RestatedAnnual report
「Amounts temporarily held by the company through its collection services are recorded on both sides of the balance sheet as “cash and deposits” (assets) and “funds held for collection services” (liabilities).」
The company has reconfirmed the structure under which funds held for collection services are segregated, temporarily held and then remitted to merchants. The balance at the end of the fiscal year was ¥6,959 million. - FY2018-Q3RestatedAnnual report
「Funds held for collection services are amounts held in connection with collection operations, and a corresponding amount is included in deposits.」
The company has reconfirmed the structure under which funds held for collection services and deposits are recorded on a corresponding basis and the funds are temporarily held. - FY2018-Q3RestatedAnnual report
「Cash and deposits include ¥11,790 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥11,790 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2018-Q2RestatedAnnual report
「Cash and deposits include ¥7,942 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds funds held for collection services and remits them to merchants in the following month. The balance at the end of the quarter was ¥7,942 million. - FY2017RestatedAnnual report
「Amounts temporarily held by the company through its collection services are recorded on both sides of the balance sheet as “cash and deposits” (assets) and “funds held for collection services” (liabilities).」
The company has reconfirmed the structure under which it temporarily holds and segregates funds held for collection services before remitting them. The balance at the end of the fiscal year was ¥11,381.496 million. - FY2017-Q3RestatedAnnual report
「Cash and deposits include ¥13,117 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥13,117 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2017-Q2RestatedAnnual report
「Cash and deposits include ¥11,944 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥11,944 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2017-Q1RestatedAnnual report
「Cash and deposits include ¥12,022 million in funds held for collection services relating to collection operations. These funds are temporarily held by the company and are remitted to merchants on the scheduled date in the following month.」
The company has reconfirmed the structure under which it temporarily holds ¥12,022 million in funds held for collection services and remits the funds to merchants on the scheduled date in the following month. - FY2016First statedAnnual report
「Amounts temporarily held by the company through its collection services are recorded on both sides of the balance sheet as “cash and deposits” (assets) and “funds held for collection services” (liabilities). To protect merchants’ assets, these collection funds are segregated from the company’s own settlement funds in settlement deposit accounts at financial institutions. To mitigate credit risk, the company also offsets fees, recorded as its sales, against amounts remitted to merchants under the relevant agreements. However, if financial regulatory policy regarding deposit protection, including the pay-off system, changes and these accounts cease to be covered by deposit insurance, the company’s operations and results could be affected by changes in how collection funds are held or how its accounts receivable from merchants are collected.」
Funds held for collection services totaled ¥9,566 million at the end of the fiscal year. The company segregates the funds and offsets fees, while identifying changes to the deposit protection system as a risk.