Growing significance of deposits held in connection with digital regional currencies and separate presentation
First written in FY2023-Q3. 3 of 7 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「This was mainly due to a ¥190.000 million increase in long-term borrowings due within one year, offset by decreases of ¥671.505 million in deposits received and ¥260.000 million in long-term borrowings.」
Following the withdrawal from the fintech business, deposits received related to digital regional currencies fell sharply from ¥689.991 million at the end of the previous fiscal year to ¥18.486 million, further reducing the scale of liabilities associated with the business. - FY2026-H1ReframedAnnual report
「This was mainly due to decreases of ¥148.344 million in accounts payable, ¥166.256 million in provision for bonuses, and ¥672.745 million in deposits received.」
Following the withdrawal from the fintech business, deposits received fell sharply from ¥689.991 million at the end of the previous consolidated fiscal year to ¥17.246 million, reducing the scale of liabilities associated with the business. - FY2025-H1AdvancedAnnual report
「Deposits received ¥974.076 million ¥786.146 million」
Deposits received in connection with the fintech business decreased from ¥974.076 million at the end of the previous consolidated fiscal year to ¥786.146 million at the end of the current interim consolidated accounting period, but continue to be presented separately. - FY2024AdvancedAnnual report
「They had previously been presented under “Other” within “Current liabilities” on the consolidated balance sheet for the previous consolidated fiscal year, but are presented separately from the current consolidated fiscal year because their amount has become material.」
The company continues to present deposits received in the fintech business as a separate line item. The balance at the end of the current consolidated fiscal year was ¥974.076 million, up from ¥97.765 million in the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「Deposits received ¥97.765 million ¥2,282.936 million」
Deposits received in connection with the fintech business increased from ¥97.765 million at the end of the previous consolidated fiscal year to ¥2,282.936 million at the end of the third quarter of the current fiscal year, expanding as a material liability item. - FY2024-Q2RestatedAnnual report
「In the fintech business area of our group, deposits received from users and deposits equivalent to premiums received under business outsourcing agreements and other arrangements with entrustors are included in “deposits received” on the consolidated balance sheet. They had previously been presented under “Other” within “Current liabilities” on the consolidated balance sheet for the previous consolidated fiscal year, but are presented separately from the second quarter of the current consolidated fiscal year because their amount has become material.」
The company continues to present deposits received in connection with the fintech business separately as “deposits received.” The balance at the end of the second quarter was ¥580.199 million. - FY2023-Q3First statedAnnual report
「In the fintech business, one of the new business areas of our group, deposits received from users and deposits equivalent to premiums received from entrustors under business outsourcing agreements and other arrangements are included in “deposits received” on the consolidated balance sheet. They had previously been presented under “Other” within “Current liabilities” on the consolidated balance sheet for the previous consolidated fiscal year, but are presented separately from the third quarter of the current consolidated fiscal year because their amount has become material.」
The amount of deposits received from users and entrustors in connection with the fintech business became material, and the item was presented separately as “deposits received” rather than under “Other” within current liabilities. Deposits received at the end of the third quarter amounted to ¥2,022.164 million.