Guarantees of borrowings by an acquisition-related company
First written in FY2016. 6 of 15 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2017: 15 of 60 companies on the "Worse" side.
97 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「At the end of the previous consolidated fiscal year, we had recognized a ¥40 million reimbursement claim against 株式会社ジークス. During the current consolidated fiscal year, we transferred the claim to a third party for ¥15 million and reversed the ¥25 million allowance for doubtful accounts against the claim.」
The reimbursement claim related to the guarantee of debt was transferred to a third party, and the allowance for doubtful accounts was reversed. There was no reimbursement claim balance at the end of the period, and guarantee-related exposure decreased further. - FY2022-Q1MitigatedAnnual report
「Provision for losses on guarantees of debt 40,000 —」
The provision for losses on guarantees of debt fell from ¥40 million at the end of the previous consolidated fiscal year to zero at the end of the first quarter. The quarterly report does not separately disclose the specific balance of guarantees of debt. - FY2021WorsenedAnnual report
「We provide guarantees for borrowings by 株式会社ジークス from financial institutions and other lenders. The transaction amount represents the year-end balance of the guarantees of debt.」
A balance of guarantees of debt to 株式会社ジークス of ¥49.743 million was disclosed, and a ¥40 million provision for losses on guarantees of debt also remains. Guarantee exposure continues. - FY2019MitigatedAnnual report
「A reversal of ¥316.615 million in the provision for losses on guarantees of debt was recognized during the current consolidated fiscal year, leaving a provision balance of ¥51.251 million at the end of the fiscal year.」
The balance of guarantees of debt to 株式会社ジークス was zero on the consolidated balance sheet, and the provision for losses on guarantees of debt also fell substantially from ¥367.866 million to ¥51.251 million. Meanwhile, the disclosure that a ¥450 million time deposit had been pledged as collateral remains. - FY2019-Q3Guarantee balance slightly higher; provision decreasedAnnual report
「株式会社ジークス ¥150.421 million ¥152.791 million」
The balance of guarantees of debt increased slightly from ¥150.421 million at the end of the previous consolidated fiscal year to ¥152.791 million. Meanwhile, the provision for losses on guarantees of debt decreased from ¥367.866 million to ¥358.089 million, and a reversal of ¥9.777 million was recognized. Guarantee exposure remains. - FY2019-Q2Guarantee balance broadly flat; provision decreasedAnnual report
「株式会社ジークス ¥153.811 million」
The balance of guarantees of debt increased slightly from ¥150.421 million at the end of the previous consolidated fiscal year to ¥153.811 million. Meanwhile, the provision for losses on guarantees of debt decreased from ¥367.866 million to ¥359.538 million, and a reversal of ¥8.328 million was recognized. Guarantee exposure remains. - FY2019-Q1Increase in guarantee balance and reversal of provisionAnnual report
「株式会社ジークス ¥153.894 million / Reversal of provision for losses on guarantees ¥5.942 million」
The balance of guarantees increased from ¥150.421 million at the end of the previous consolidated fiscal year to ¥153.894 million. Meanwhile, the provision for losses on guarantees decreased from ¥367.866 million to ¥361.924 million, and a reversal of ¥5.942 million was recognized. Guarantee exposure remains, but the provision has decreased. - FY2018Increase in guarantee balance and reversal of provisionAnnual report
「株式会社ジークス ¥150.421 million」
The balance of guarantees increased from ¥134.123 million at the previous fiscal year-end to ¥150.421 million. Meanwhile, the provision for losses on guarantees was ¥367.866 million, and a reversal of ¥25.350 million was recognized. Guarantee exposure remains, but the provision decreased. - FY2018-Q3Higher guarantee balance and lower provisionAnnual report
「株式会社ジークス ¥147.026 million」
The balance of guarantees increased from ¥134.123 million at the end of the previous consolidated fiscal year and ¥138.811 million at the end of the previous quarter to ¥147.026 million. Meanwhile, the provision for losses on guarantees decreased from ¥393.217 million to ¥373.730 million. - FY2018-Q2Slight increase in guarantee balanceAnnual report
「株式会社ジークス ¥138.811 million」
The balance of guarantees provided to 株式会社ジークス increased slightly from ¥134.123 million at the end of the previous consolidated fiscal year to ¥138.811 million. Meanwhile, the provision for losses on guarantees decreased from ¥393.217 million to ¥384.414 million. - FY2018-Q1MitigatedAnnual report
「株式会社ジークス ¥137.134 million」
The balance of guarantees increased from ¥134.123 million at the end of the previous consolidated fiscal year to ¥137.134 million, while the provision for losses on guarantees decreased from ¥393.217 million to ¥387.737 million and a ¥5.479 million reversal was recognized. Compared with the guarantee balance of ¥399.572 million at the end of the previous quarter, guarantee exposure has contracted substantially. - FY2017-Q3MitigatedAnnual report
「株式会社ジークス ¥399.572 million」
The balance of guarantees provided to 株式会社ジークス decreased from ¥537.217 million at the end of the previous consolidated fiscal year and ¥401.218 million at the end of the previous quarter to ¥399.572 million. However, the ¥131.060 million provision for losses on guarantees continues to be recognized, and the disclosure does not state that the risk has been eliminated. - FY2017-Q2MaterialisedAnnual report
「Provision for losses on guarantees: ¥131.060 million」
While the balance of guarantees provided to 株式会社ジークス decreased to ¥401.218 million, the Company recognized a ¥131.060 million provision for losses on guarantees, reflecting guarantee-related losses in the financial statements. - FY2017-Q1MitigatedAnnual report
「We provide guarantees for borrowings by companies other than consolidated companies from financial institutions and other lenders.」
The balance of guarantees provided to 株式会社ジークス decreased from ¥537.217 million at the end of the previous consolidated fiscal year to ¥534.748 million at the end of the quarter. - FY2016First statedAnnual report
「The Company provides guarantees for borrowings by 株式会社ジークス from financial institutions. The transaction amount represents the balance of guarantees at the fiscal year-end.」
The balance of guarantees at the fiscal year-end was ¥537.217 million. Shares of マードゥレクス and ジヴァスタジオ were accepted as collateral for the guarantees.