Risk of honoring debt guarantees for reverse mortgages and similar products
First written in FY2020-Q1. 23 of 28 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2026.
&Do Holdings moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Reverse mortgage customers ¥28,178 million ¥35,344 million Business loan customers ¥7 million ¥7 million Total ¥28,185 million ¥35,351 million」
The total guarantee limits increased from ¥28,185 million to ¥35,351 million, while guarantees for reverse mortgage customers also increased to ¥35,344 million. Exposure upon performance of guarantees increased further numerically. - FY2026-H1WorsenedAnnual report
「Reverse mortgage customers ¥28,178 million ¥31,788 million Business loan customers ¥7 million ¥7 million Total ¥28,185 million ¥31,795 million」
The total guarantee balance increased from ¥28,185 million at the end of the previous fiscal year to ¥31,795 million, while guarantees for reverse mortgage customers also increased to ¥31,788 million. Exposure upon performance of guarantees increased numerically. - FY2025WorsenedAnnual report
「Reverse mortgage customers ¥20,863 million ¥28,178 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥1 million — Total ¥20,871 million ¥28,185 million」
The total guarantee balance increased from ¥20,871 million at the end of the previous fiscal year to ¥28,185 million, while guarantees for reverse mortgage customers also increased to ¥28,178 million. Exposure upon performance of guarantees increased further numerically. - FY2025-H1WorsenedAnnual report
「Reverse mortgage customers ¥20,863 million ¥25,212 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥1 million ¥0 million Total ¥20,871 million ¥25,219 million」
The total guarantee limits increased from ¥20,871 million at the end of the previous consolidated fiscal year to ¥25,219 million, while guarantees for reverse mortgage customers also increased to ¥25,212 million. Exposure upon performance of guarantees increased numerically. - FY2024-Q3WorsenedAnnual report
「Reverse mortgage customers ¥13,169 million ¥18,173 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥3 million ¥2 million Total ¥13,180 million ¥18,182 million」
The total guarantee limits increased from ¥13,180 million at the end of the previous consolidated fiscal year to ¥18,182 million, while guarantees for reverse mortgage customers also increased to ¥18,173 million. Exposure upon performance of guarantees increased numerically. - FY2024-Q2WorsenedAnnual report
「Reverse mortgage customers ¥13,169 million ¥16,356 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥3 million ¥2 million Total ¥13,180 million ¥16,366 million」
The total guarantee limits increased from ¥13,180 million at the end of the previous consolidated fiscal year to ¥16,366 million, while guarantees for reverse mortgage customers also increased to ¥16,356 million. - FY2024-Q1WorsenedAnnual report
「Reverse mortgage customers ¥13,169 million ¥14,934 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥3 million ¥3 million Total ¥13,180 million ¥14,945 million」
The total guarantee limits increased from ¥13,180 million at the end of the previous consolidated fiscal year to ¥14,945 million, while guarantees for reverse mortgage customers also increased to ¥14,934 million. Exposure upon performance of guarantees increased numerically. - FY2023WorsenedAnnual report
「Reverse mortgage customers ¥8,805 million ¥13,169 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥7 million ¥3 million Total ¥8,819 million ¥13,180 million」
The total guarantee limits increased from ¥8,819 million at the end of the previous fiscal year to ¥13,180 million, while guarantees for reverse mortgage customers also increased to ¥13,169 million. - FY2023-Q3WorsenedAnnual report
「Reverse mortgage customers ¥8,805 million ¥11,960 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥7 million ¥4 million Total ¥8,819 million ¥11,971 million」
The total guarantee limits increased from ¥8,819 million at the end of the previous consolidated fiscal year to ¥11,971 million, while guarantees for reverse mortgage customers also increased to ¥11,960 million. - FY2023-Q2WorsenedAnnual report
「Reverse mortgage customers ¥8,805 million ¥10,879 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥7 million ¥5 million Total ¥8,819 million ¥10,891 million」
The total guarantee limits increased from ¥8,819 million at the end of the previous consolidated fiscal year to ¥10,891 million, with guarantees for reverse mortgage customers increasing particularly to ¥10,879 million. - FY2023-Q1WorsenedAnnual report
「Reverse mortgage customers ¥8,805 million ¥10,002 million Business loan customers ¥7 million ¥7 million Auto loan customers ¥7 million ¥5 million Total ¥8,819 million ¥10,015 million」
The total guarantee limits increased from ¥8,819 million at the end of the previous consolidated fiscal year to ¥10,015 million, while guarantees for reverse mortgage customers also increased to ¥10,002 million. - FY2022-Q3WorsenedAnnual report
「Reverse mortgage customers ¥5,343.255 million ¥7,975.875 million Business loan customers ¥11.3 million ¥7 million Auto loan customers ¥17.363 million ¥10.056 million Total ¥5,371.918 million ¥7,992.931 million」
The total guarantee limits increased from ¥5,371.918 million at the end of the previous fiscal year to ¥7,992.931 million, while guarantees for reverse mortgage customers increased to ¥7,975.875 million. - FY2022-Q2WorsenedAnnual report
「Reverse mortgage customers ¥5,343.255 million ¥7,179.905 million Business loan customers ¥11.3 million ¥7 million Auto loan customers ¥17.363 million ¥13.727 million Total ¥5,371.918 million ¥7,200.632 million」
The total guarantee limits increased from ¥5,371.918 million at the end of the previous fiscal year to ¥7,200.632 million, while guarantees for reverse mortgage customers increased to ¥7,179.905 million. - FY2022-Q1WorsenedAnnual report
「Reverse mortgage customers ¥5,343.255 million ¥6,693.905 million Business loan customers ¥11.3 million ¥7 million Auto loan customers ¥17.363 million ¥14.843 million Total ¥5,371.918 million ¥6,715.748 million」
The total guarantee limits increased from ¥5,371.918 million at the end of the previous fiscal year to ¥6,715.748 million, with guarantees for reverse mortgage customers increasing particularly to ¥6,693.905 million. - FY2021WorsenedAnnual report
「Reverse mortgage customers ¥3,400.05 million ¥5,343.255 million Business loan customers ¥33.9 million ¥11.3 million Auto loan customers ¥26.205 million ¥17.363 million Total ¥3,460.155 million ¥5,371.918 million」
The total guarantee limits increased from ¥3,460.155 million at the end of the previous fiscal year to ¥5,371.918 million, driven particularly by the increase in guarantees for reverse mortgage customers to ¥5,343.255 million. - FY2021-Q3WorsenedAnnual report
「Customers using reverse mortgages ¥3,400.05 million ¥4,501.84 million Customers using business loans ¥33.9 million ¥11.3 million Customers using auto loans ¥26.205 million ¥19.32 million Total ¥3,460.155 million ¥4,532.46 million」
The total maximum guarantee amount increased from ¥3,460.155 million at the end of the previous consolidated fiscal year to ¥4,532.46 million. In particular, guarantees for reverse-mortgage customers increased to ¥4,501.84 million. - FY2021-Q2WorsenedAnnual report
「Customers using reverse mortgages ¥3,400.05 million ¥3,949.84 million Customers using business loans ¥33.9 million ¥11.3 million Customers using auto loans ¥26.205 million ¥21.88 million Total ¥3,460.155 million ¥3,983.02 million」
The total maximum guarantee amount increased from ¥3,595.094 million at the end of the first quarter to ¥3,983.02 million. By category, guarantees for reverse-mortgage customers increased to ¥3,949.84 million, while guarantees for business-loan and auto-loan customers declined. - FY2021-Q1Increase in maximum guarantee amounts and changes in the guarantee breakdownAnnual report
「Customers using reverse mortgages ¥3,400.05 million ¥3,560.72 million Customers using business loans ¥33.9 million ¥11.3 million Customers using auto loans ¥26.205 million ¥23.074 million Total ¥3,460.155 million ¥3,595.094 million」
The total maximum guarantee amount increased from ¥3,460.155 million to ¥3,595.094 million. Guarantees for reverse-mortgage customers increased, while guarantees for business-loan and auto-loan customers declined. - FY2020Full-year confirmation of increased maximum guarantee amounts and elimination of rent guaranteesAnnual report
「Customers using reverse mortgages ¥2,614.9 million ¥3,400.05 million Customers using business loans ¥7 million ¥33.9 million Outstanding rent-guarantee obligations ¥359.204 million − Customers using auto loans − ¥26.205 million」
The maximum guarantee amount for reverse mortgages was ¥3,400.05 million, that for business loans was ¥33.9 million, and that for auto loans was ¥26.205 million. Meanwhile, outstanding rent-guarantee obligations fell to zero. - FY2020-Q3Increase in maximum guarantee amounts and elimination of rent guaranteesAnnual report
「Customers using reverse mortgages ¥2,614.9 million ¥3,347.5 million Customers using business loans ¥7 million ¥33.9 million Customers using auto loans − ¥27.385 million Outstanding rent-guarantee obligations ¥359.204 million −」
The maximum guarantee amount for reverse mortgages increased to ¥3,347.5 million, and auto-loan guarantees increased to ¥27.385 million. Outstanding rent-guarantee obligations fell to zero. - FY2020-Q2Expansion of guarantee-obligation details and decline in rent guaranteesAnnual report
「Customers using reverse mortgages ¥2,614.9 million ¥3,110.1 million Customers using business loans ¥7 million ¥33.9 million Customers using auto loans − ¥23.648 million Outstanding rent-guarantee obligations ¥359.204 million ¥70.16 million」
The maximum guarantee amount for reverse mortgages increased to ¥3,110.1 million, while the amount for business loans increased to ¥33.9 million. Guarantees for auto loans of ¥23.648 million were newly disclosed. Meanwhile, outstanding rent-guarantee obligations declined to ¥70.16 million. - FY2020-Q1First statedAnnual report
「Customers using reverse mortgages ¥2,614.9 million ¥2,910.1 million Customers using business loans ¥7 million ¥11.3 million Outstanding rent-guarantee obligations ¥359.204 million ¥201.424 million」
The disclosed maximum guarantee amount for customers using reverse mortgages in connection with borrowings from financial institutions was ¥2,910.1 million, compared with ¥11.3 million for customers using business loans. Outstanding rent-guarantee obligations related to rental and other real estate totaled ¥201.424 million. This was identified as a new quantified guarantee exposure.