Risks Related to Contingent Liabilities and Debt Guarantees
First written in FY2022-Q3. 7 of 10 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2026.
INFRONEER Holdings moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 8 of 22 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Guaranteed obligations for borrowings and other liabilities: ¥889 million, of which guaranteed obligations for affiliated companies: ¥539 million」
Guaranteed obligations increased from ¥339 million in the previous fiscal year to ¥889 million, expanding guarantee exposure. - 2026-05-13WorsenedOccurring Fact
「We guarantee borrowings made by the trustee for the acquisition of our shares by Trust E Account. Accordingly, if borrowings remain outstanding at the end of the trust as a result of losses equivalent to losses on the sale of shares caused by a decline in our share price or other factors, the company will repay the outstanding balance under the guarantee agreement.」
In connection with the stock benefit trust for employees, the company newly disclosed a guarantee of borrowings by Trust E Account and the possibility that it may repay the outstanding balance if the share price declines, expanding the scope of contingent liabilities. The original thread remains unchanged. - FY2024-Q3MitigatedAnnual report
「Total guarantees of borrowings decreased from ¥1,427 million to ¥540 million, while total guarantees for construction bids and performance obligations, among others, stood at ¥2,675 million, up from ¥2,410 million.」
Compared with the end of the previous consolidated fiscal year, guarantees of borrowings declined substantially. Even after taking into account the increase in guarantees for construction bids and performance obligations, among others, total guaranteed obligations decreased from ¥3,837 million to ¥3,215 million. - FY2024-Q2WorsenedAnnual report
「Total guarantees of borrowings decreased from ¥1,427 million to ¥565 million, while total guarantees for construction bids and performance obligations, among others, stood at ¥2,583 million, up from ¥2,410 million.」
Since the end of the first quarter, guarantees of borrowings have decreased, while guarantees for construction bids and performance obligations, among others, have increased, causing total guaranteed obligations to rise from ¥2,933 million to ¥3,148 million. - FY2024-Q1MitigatedAnnual report
「Total guarantees of borrowings decreased from ¥1,427 million to ¥589 million, while total guarantees for construction bids and performance obligations, among others, stood at ¥2,344 million, down from ¥2,410 million.」
For guaranteed obligations, balances of guarantees of borrowings and guarantees for construction bids and performance obligations, among others, decreased from the end of the previous consolidated fiscal year, reducing guarantee exposure. - FY2023WorsenedAnnual report
「Total guarantees of borrowings increased from ¥810 million to ¥1,427 million, while total guarantees for construction bids and performance obligations, among others, stood at ¥2,410 million.」
For guaranteed obligations, balances of guarantees of borrowings and guarantees for construction bids and performance obligations, among others, increased from the end of the previous consolidated fiscal year, expanding contingent liability exposure. - FY2023-Q3WorsenedAnnual report
「We provide guarantees for borrowings and other obligations from financial institutions for the following companies.」
Total guarantees of borrowings increased from ¥810 million at the end of the previous consolidated fiscal year to ¥1,332 million, while guarantees for construction bids and performance obligations, among others, increased from ¥393 million to ¥2,264 million, expanding guarantee exposure. - FY2023-Q2WorsenedAnnual report
「We provide guarantees for borrowings and other obligations from financial institutions for the following companies.」
Total guarantees of borrowings increased from ¥810 million at the end of the previous consolidated fiscal year to ¥813 million, while guarantees for construction bids and performance obligations, among others, for Maeda Vietnam Co.,Ltd. increased from ¥393 million to ¥496 million, expanding guarantee exposure. - FY2023-Q1WorsenedAnnual report
「We provide guarantees for borrowings and other obligations from financial institutions for the following companies.」
The total guarantees of borrowings increased from ¥810 million at the end of the previous consolidated fiscal year to ¥1,282 million at the end of the current quarter, including newly disclosed guarantees such as ¥498 million for 大洲バイオマス発電株式会社. - FY2022-Q3First statedAnnual report
「We provide guarantees for borrowings by affiliated companies, construction bids and performance obligations, finance leases, and condominium sale and purchase agreement deposits paid to developers. If these affiliated companies or other parties default on their obligations, creditors could demand performance under the guarantees.」
The company specifically lists the obligations covered by guarantees and discloses the guarantee amounts in the notes to the financial statements.