Valuation of Investments in and Loans to Chinese and Hong Kong Subsidiaries and Collection Risk
First written in FY2024. 5 of 6 entries say "Worsened", first in FY2025-H1. Latest entry: FY2027-H1.
Tokyo Base moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 7 of 15 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Expenditure for the acquisition of shares of affiliates: ¥76,653 thousand Expenditure for loans to affiliates: ¥100,000 thousand」
Amid continuing valuation and collection risks relating to investments in and financing to subsidiaries in China and Hong Kong, additional acquisitions of affiliate shares and additional loans were made. - FY2026WorsenedAnnual report
「東百国際貿易(上海)有限公司: excess liabilities of ¥2,569,263 thousand. An additional allowance for doubtful accounts of ¥186,604 thousand was recorded.」
The excess liabilities of the Chinese subsidiary were disclosed, and an additional allowance for doubtful accounts of ¥186,604 thousand was recorded for investments in and financing to the subsidiary. - 2026-04-02WorsenedGeneral Meetings of Shareholders
「In evaluating investments and loans to our subsidiaries TOKYO BASE HONG KONG.,Ltd. and 東百国際貿易（上海）有限公司, we considered their business plans and financial condition and recorded an additional allowance for doubtful accounts of ¥186,604 thousand.」
An additional allowance for doubtful accounts of ¥186,604 thousand was recorded for investments and loans to the Chinese and Hong Kong subsidiaries. - FY2025WorsenedAnnual report
「An additional allowance for doubtful accounts of ¥634,007 thousand was recorded.」
In light of the subsidiaries' business plans and financial condition, an additional allowance for doubtful accounts of ¥634,007 thousand was recorded in relation to valuation and collection risks concerning investments in and financing to subsidiaries in China and Hong Kong. - FY2025-H1WorsenedAnnual report
「Expenditures of ¥46.521 million for the acquisition of shares in affiliates; expenditures of ¥150.000 million in loans to affiliates」
Amid continuing valuation and collection risks relating to investments in and financing to subsidiaries in China and Hong Kong, an additional ¥46,521 thousand was spent on acquiring shares of affiliates and ¥150,000 thousand was provided as loans to affiliates. - FY2024MaterialisedAnnual report
「Impairment loss on shares of subsidiaries: ¥138,720 thousand Provision for allowance for doubtful accounts: ¥2,101,736 thousand In valuing the investments in and financing to TOKYO BASE HONG KONG.,Ltd. and 東百国際貿易（上海）有限公司, which are subsidiaries of the Company, we considered their business plans and financial condition. As a result, the shares of affiliates were impaired. An allowance for doubtful accounts was also recorded for the amount equivalent to their excess liabilities.」
For investments in and financing to consolidated subsidiaries in China and Hong Kong, impairment of subsidiary shares and the recording of an allowance for doubtful accounts for amounts equivalent to excess liabilities emerged as specific standalone financial risks for the first time.