Recognition of a Provision for Losses on Guarantees to Chichikaka
First written in FY2023. 3 of 5 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2026: 4 of 10 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Reversal of provision for loss on guarantees」
The entire ¥361.262 million provision for losses on guarantees of obligations to チチカカ was reversed, and the parent company's financial statements for the current fiscal year no longer included the provision for losses on guarantees of obligations or the guaranteed obligations. - 2026-04-17MitigatedOccurring Fact
「After considering the financial condition and other circumstances of our consolidated subsidiary Chichikaka, we had recorded an allowance for doubtful accounts against receivables from the company. In the non-consolidated financial statements for the fiscal year ended February 2026, we recorded a reversal of the allowance for doubtful accounts of ¥369 million as an extraordinary gain.」
Regarding the allowance related to Chichikaka, a ¥369 million reversal of the allowance for doubtful accounts was recorded in the non-consolidated financial statements. The reversal indicates reduced risk, but is eliminated in the consolidated financial statements. - FY2025MitigatedAnnual report
「Provision for losses on guarantees of obligations 402,551 361,262」
The provision for losses on guarantees of obligations related to チチカカ decreased from ¥402.551 million at the end of the previous period to ¥361.262 million. - FY2024WorsenedAnnual report
「Provision for losses on guarantees of obligations 221,445 402,551」
The provision for losses on guarantees of obligations related to guarantees provided to チチカカ increased from ¥221.445 million at the end of the previous fiscal year to ¥402.551 million, representing the estimated amount of loss to be borne. - FY2023First statedAnnual report
「To provide for losses related to guarantees of obligations for チチカカ, a consolidated subsidiary of the Company, the Company recognized the estimated amount of loss to be borne, taking into consideration the subsidiary's financial condition and other factors.」
A provision of ¥221.445 million was recognized for the estimated loss to be borne in connection with guarantees of チチカカ's borrowings. The guaranteed obligations amounted to ¥308.039 million, quantifying the loss risk based on チチカカ's financial condition.