Komori
Money Forward (3994) · RiskRestated

Risk of Uncollected Amounts in the Subsidiary's Lending Business

First written in FY2018-Q3. 4 of 5 entries say "Restated". Latest entry: FY2024-Q2.

5entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q3 – FY2024-Q22018: 12019: 020192020: 120202021: 120212022: 020222023: 120232024: 12024
Same theme, other companies
Risk of failure to collect credit extended through payment and financial servicesA theme 24 companies write about · 25 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 6 of 17 companies on the "Worse" side.

2 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 24 companies compared. The sentences above are computed from all 24.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    This is a comprehensive statement that there have been no material changes in the risk of uncollected receivables in the subsidiary's lending business.
  2. FY2023-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    This is a comprehensive statement that there have been no material changes in the risk of uncollected receivables in the subsidiary's lending business.
  3. FY2021-Q2RestatedAnnual report

    「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」

    It is stated that there have been no material changes in the risk of uncollected receivables in the subsidiary's lending business.
  4. FY2020-Q2RestatedAnnual report

    「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」

    It is stated that there have been no material changes in the risk of uncollected receivables in the subsidiary's lending business.
  5. FY2018-Q3First statedAnnual report

    「The Group plans to provide internet services relating to lending for corporations and sole proprietors through マネーフォワードファイン株式会社. Although the Group believes it has sufficient expertise in credit management for small and medium-sized enterprises and sole proprietors, a higher-than-expected level of uncollected receivables may adversely affect the Group's operating results and financial position.」

    A new risk was disclosed that the lending services for corporations and sole proprietors provided by マネーフォワードファイン may generate a higher-than-expected level of uncollected receivables.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Money Forward yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Uncollected Amounts in the Subsidiary's Lending Business | Money Forward,Inc. (3994) | Komori