Burden of Outstanding Unused Service Balances Due to Franchisee Business Failures
First written in FY2020-Q3. 9 of 14 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1Decrease in chargeback provision expenseAnnual report
「Chargeback provision expense 159,973 13,600」
Chargeback provision expense decreased from ¥159.973 million in the same period of the previous year to ¥13.600 million. This is an accounting disclosure showing the change in provision expense and does not explain the details of individual chargeback events. - FY2025WorsenedAnnual report
「Chargeback provision 263,027 423,000」
The chargeback provision increased from ¥263.027 million in the previous fiscal year to ¥423.000 million, reflecting an estimate of the potential exposure related to unconsumed service balances. - FY2025-H1Recording a Chargeback ProvisionAnnual report
「Chargeback provision expense − 159,973」
¥159.973 million in chargeback provision expense has been newly recognized in selling, general and administrative expenses. As the main text does not describe specific chargeback events or details, this is recorded as the appearance of a provision charge. - FY2024-Q2RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide them, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance when a merchant providing ongoing services fails is reiterated. - FY2023-Q2RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide the ongoing services, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance when a merchant providing ongoing services fails is reiterated in the additional information. - FY2023-Q1RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide the ongoing services, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance when a merchant providing ongoing services fails is reiterated. - FY2022-Q3RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide the ongoing services, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance if a merchant fails is reiterated in the additional information. - FY2022-Q2RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide the ongoing services, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance if a merchant fails is reiterated in the additional information. - FY2021RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services, or becomes unable to provide the ongoing services, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance when a merchant providing ongoing services fails is reiterated. - FY2021-Q3RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide them, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance if a merchant providing ongoing services fails is reiterated in the additional information. - FY2021-Q2RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide them, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance if a merchant fails is reiterated in the additional information. - FY2021-Q1RestatedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide them, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The possibility of bearing part of the unconsumed service balance if a merchant fails is reiterated as additional information. - FY2020RaisedAnnual report
「If a consumer makes a claim against a credit card company for the repurchase of a receivable and the credit card company refunds the billed amount to the consumer, the credit card company will seek reimbursement from our group for the repurchase amount under its merchant agreement with our group. In this case, our group will seek reimbursement from the merchant, but may incur a loss if the funds cannot be recovered due to the merchant's bankruptcy or other reasons.」
The scope of exposure risk has expanded from bearing unconsumed service balances following a merchant's business failure to receivable repurchases arising from improper sales and the inability to recover the amounts from merchants. - FY2020-Q3First statedAnnual report
「If a merchant providing ongoing services experiences business failure or a similar event before completing the services and becomes unable to provide them, we may bear part of the merchant's unconsumed service balance under master merchant agreements and other arrangements.」
The potential for future exposure under merchant agreements is disclosed as a risk.