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Integral Group (5842) · RiskMitigated

Contingent exposures relating to investees

First written in FY2023-Q3. 6 of 8 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2026-H1.

8entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2024-Q1 – FY2026-H12023: 120232024: 320242025: 220252026: 22026
Same theme, other companies
Credit Exposure from Debt GuaranteesA theme 152 companies write about · 164 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2017: 12 of 49 companies on the "Worse" side.

78 other companies' latest entry also says "Mitigated".

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 152 companies compared. The sentences above are computed from all 152.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「Obligations covered by management support letters」

    Covered obligations decreased from ¥1,489 million at the prior year-end to ¥1,408 million, reducing the contingent exposure.
  2. FY2025MitigatedAnnual report

    「Obligations covered by management support letters」

    Covered obligations decreased from ¥1,948 million at the prior year-end to ¥1,489 million.
  3. FY2025-H1MitigatedAnnual report

    「Obligations covered by management support letters」

    Covered obligations decreased from ¥1,948 million at December 2024 to ¥1,292 million at June 2025.
  4. FY2024MitigatedAnnual report

    「Obligations covered by management support letters」

    Covered obligations decreased from ¥2,158 million at December 2023 to ¥1,948 million at December 2024, reducing the contingent exposure year on year.
  5. FY2024-H1MitigatedAnnual report

    「In connection with financing by certain portfolio companies of the Group or funds managed by the Group, the Group provides management support letters and similar commitments to counterparties of the portfolio companies as credit support. These commitments include assurances that an arrangement is in place to support the portfolio company's financial condition and that operations with counterparties will be properly managed and supervised.」

    Covered obligations decreased from ¥2,158 million at the prior year-end to ¥1,822 million, reducing the contingent exposure numerically.
  6. FY2024-Q1MitigatedAnnual report

    「In connection with financing by certain portfolio companies of the Group or funds managed by the Group, the Group provides management support letters and similar commitments to counterparties of the portfolio companies as credit support. These commitments include assurances that an arrangement is in place to support the portfolio company's financial condition and that operations with counterparties will be properly managed and supervised.」

    Covered obligations decreased from ¥2,158 million to ¥1,593 million, reducing the contingent exposure numerically.
  7. FY2023WorsenedAnnual report

    「Obligations covered by management support letters」

    Covered obligations increased from ¥1,970.501 million at December 2022 to ¥2,158.095 million at December 2023, expanding the contingent exposure numerically.
  8. FY2023-Q3First statedAnnual report

    「In connection with financing by certain portfolio companies of the Group or funds managed by the Group, the Group provides management support letters and similar commitments to counterparties of the portfolio companies as credit support. These commitments include assurances that an arrangement is in place to support the portfolio company's financial condition and that operations with counterparties will be properly managed and supervised.」

    Discloses commitments to provide credit support and a support framework as contingent liabilities. Covered obligations totaled ¥1,710 million as of 30 September 2023.
Moved together

"Exits from Investments (Listings, Sales and Partial Sales)" moved the same way as this thread, in the same document, in 6 of its 8 moves.

665444★123456
  1. ★This thread
  2. 1Exits from Investments (Listings, Sales and Partial Sales)6×
  3. 2Formation and first closing of Fund Series 56×
  4. 3Performance-linked revenue from carried interest5×
  5. 4Medium- to Long-Term Growth in AUM, Principal Investment FV, and Carried Interest4×
  6. 5Expansion of asset classes to include infrastructure, real estate, startups and credit4×
  7. 6Beginning Dividend Payments Based on DoE4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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Contingent exposures relating to investees | Integral Group Corporation (5842) | Komori