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Tokyo Rope Mfg. (5981) · RiskHigher guarantees and lower recourse obligations

Guarantees of borrowings by affiliates and recourse obligations related to the securitization of bills receivable

First written in FY2018-Q3. 3 of 29 entries say "Mitigated", first in FY2020. Latest entry: FY2026.

29entries
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ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2020-Q3OtherFY2023-Q2 – FY20242018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 120252026: 12026
Same theme, other companies
Contingent liabilities arising from debt guarantees and the securitization of receivablesA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Other".

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Full recordFilings, disclosures and news, newest first
  1. FY2026Higher guarantees and lower recourse obligationsAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司: ¥924 million; guarantee of borrowings for 江蘇東綱金属製品有限公司: ¥1,155 million; recourse obligation associated with the securitization of notes receivable: ¥619 million」

    Guarantees of borrowings for 2 affiliates increased from ¥823 million and ¥1,029 million in the previous fiscal year, respectively, while the recourse obligation associated with the securitization of notes receivable decreased from ¥646 million to ¥619 million.
  2. FY2026-H1Increase in guarantees and decrease in recourse obligationsAnnual report

    「Guarantees of ¥823 million and ¥835 million (¥40 million) for borrowings by affiliate Jiangsu Farsoon Cable Co., Ltd.; guarantees of ¥1,029 million and ¥1,044 million (¥50 million) for borrowings by affiliate Jiangsu Donggang Metal Products Co., Ltd.; and recourse obligations of ¥646 million and ¥471 million related to the securitization of notes receivable」

    Guarantees of borrowings for the 2 affiliates increased, but the recourse obligation associated with the securitization of notes receivable decreased from ¥646 million at the end of the previous fiscal year to ¥471 million.
  3. FY2025-H1MitigatedAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司, an affiliate: ¥833 million, ¥818 million (RMB40 million); guarantee of borrowings for 江蘇東綱金属製品有限公司, an affiliate: ¥1,041 million, ¥1,023 million (RMB50 million); recourse obligation associated with the securitization of notes receivable: ¥972 million, ¥559 million」

    Compared with the end of the previous fiscal year, guarantees of borrowings for the 2 affiliates decreased by ¥15 million and ¥18 million, respectively, and the recourse obligation associated with the securitization of notes receivable also decreased significantly from ¥972 million to ¥559 million.
  4. FY2024Higher guarantee amounts and recourse obligationsAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司: ¥833 million (RMB40 million) Guarantee of borrowings for 江蘇東綱金属製品有限公司: ¥1,041 million (RMB50 million) Recourse obligation associated with the securitization of notes receivable: ¥972 million」

    Compared with the end of the previous fiscal year, guarantees of borrowings for 2 affiliates increased from ¥776 million to ¥833 million and from ¥971 million to ¥1,041 million, respectively, and the recourse obligation associated with the securitization of notes receivable also increased from ¥768 million to ¥972 million.
  5. FY2024-Q3Higher guarantee amounts and recourse obligationsAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司, an affiliate ¥797 million (RMB40 million) Guarantee of borrowings for 江蘇東綱金属製品有限公司, an affiliate ¥996 million (RMB50 million) Recourse obligation associated with the securitization of notes receivable ¥823 million」

    Compared with the end of the previous consolidated fiscal year, guarantees of borrowings for 2 affiliates were ¥797 million and ¥996 million, respectively, and the recourse obligation associated with the securitization of notes receivable was ¥823 million. All increased.
  6. FY2024-Q2Higher guarantee amounts and recourse obligationsAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司, an affiliate: ¥818 million (RMB40 million), guarantee of borrowings for 江蘇東綱金属製品有限公司, an affiliate: ¥1,023 million (RMB50 million), recourse obligation associated with the securitization of notes receivable: ¥841 million」

    Compared with the end of the previous consolidated fiscal year, guarantees of borrowings for 2 affiliates increased from ¥776 million to ¥818 million and from ¥971 million to ¥1,023 million, respectively, and the recourse obligation associated with the securitization of notes receivable also increased from ¥768 million to ¥841 million.
  7. FY2024-Q1Increase in guarantees and decrease in recourse obligationsAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司, an affiliate ¥797 million (RMB40 million) Guarantee of borrowings for 江蘇東綱金属製品有限公司, an affiliate ¥997 million (RMB50 million) Recourse obligation associated with the securitization of notes receivable ¥696 million」

    Compared with the end of the previous consolidated fiscal year, guarantees of borrowings for 2 affiliates increased from ¥776 million to ¥797 million and from ¥971 million to ¥997 million, respectively, while the recourse obligation associated with the securitization of notes receivable decreased from ¥768 million to ¥696 million.
  8. FY2023Higher guarantee amounts and recourse obligationsAnnual report

    「Guarantee of borrowings for 江蘇法爾勝纜索有限公司, an affiliate: ¥776 million (RMB40 million) Guarantee of borrowings for 江蘇東綱金属製品有限公司, an affiliate: ¥971 million (RMB50 million) Recourse obligation associated with the securitization of notes receivable: ¥768 million」

    Compared with the end of the previous consolidated fiscal year, guarantees of borrowings for 2 affiliates increased from ¥770 million to ¥776 million and from ¥963 million to ¥971 million, respectively, while the recourse obligation associated with the securitization of notes receivable also increased from ¥683 million to ¥768 million.
  9. FY2023-Q3Lower guarantee amounts and higher recourse obligationsAnnual report

    「Guarantee of ¥760 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥950 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥799 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantees of borrowings for 2 affiliates decreased from ¥770 million and ¥963 million to ¥760 million and ¥950 million, respectively, while the recourse obligation associated with the securitization of notes receivable increased from ¥683 million to ¥799 million.
  10. FY2023-Q2Increase in guarantees and decrease in recourse obligationsAnnual report

    「Guarantee of ¥814 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥1,018 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥635 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantees to 2 affiliates increased from ¥770 million and ¥963 million to ¥814 million and ¥1,018 million, respectively, while the recourse obligation related to the securitization of bills receivable decreased from ¥683 million to ¥635 million.
  11. FY2023-Q1WorsenedAnnual report

    「Guarantee of ¥815 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥1,019 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥720 million related to the securitization of bills receivable」

    From the end of the previous fiscal year, guarantees to 2 affiliates increased from ¥770 million and ¥963 million to ¥815 million and ¥1,019 million, respectively, while the recourse obligation related to the securitization of bills receivable increased from ¥683 million to ¥720 million.
  12. FY2022Higher guarantee amounts and lower recourse obligations, with fewer guarantee recipientsAnnual report

    「Guarantee of ¥770 million (RMB 40 million) for borrowings by 江蘇法爾勝纜索有限公司 Guarantee of ¥963 million (RMB 50 million) for borrowings by 江蘇東綱金属製品有限公司 Guarantee to TR Engineering Ltd.: — Recourse obligation of ¥683 million related to the securitization of bills receivable」

    Guarantees to the 2 existing affiliates increased from ¥673 million and ¥842 million at the end of the previous fiscal year to ¥770 million and ¥963 million, respectively, while the recourse obligation related to the securitization of bills decreased from ¥710 million to ¥683 million, and the guarantee to TR Engineering Ltd. was no longer recorded.
  13. FY2022-Q3Higher guarantee amounts and recourse obligations, with fewer guarantee recipientsAnnual report

    「Guarantee of ¥722 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥903 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥779 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates and the recourse obligation related to the securitization of bills receivable increased. Meanwhile, the ¥100 million guarantee to TR Engineering Ltd. recorded at the end of the previous fiscal year was not recorded at the end of the current quarter.
  14. FY2022-Q2Increase in guarantees and decrease in recourse obligationsAnnual report

    「Guarantee of ¥692 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥865 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, guarantee of ¥115 million (RUB 76 million) for borrowings by unconsolidated subsidiary TR Engineering Ltd., and recourse obligation of ¥639 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantee amounts to the 2 affiliates and the unconsolidated subsidiary increased, while the recourse obligation related to the securitization of bills receivable decreased from ¥710 million to ¥639 million.
  15. FY2022-Q1WorsenedAnnual report

    「Guarantee of ¥684 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司; guarantee of ¥855 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司; guarantee of ¥117 million (RUB 77 million) for borrowings by unconsolidated subsidiary TR Engineering Ltd.; and recourse obligation of ¥763 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantees to the 2 existing affiliates, the guarantee to the unconsolidated subsidiary, and the recourse obligation related to the securitization of bills receivable all increased.
  16. FY2021Higher guarantee amounts, new guarantee, and slight decrease in recourse obligationsAnnual report

    「Guarantee of ¥673 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司 Guarantee of ¥842 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司 Guarantee of ¥100 million (RUB 68 million) for borrowings by unconsolidated subsidiary TR Engineering Ltd. Recourse obligation of ¥710 million related to the securitization of bills receivable」

    Guarantees to the 2 existing affiliates increased from ¥612 million and ¥765 million to ¥673 million and ¥842 million, respectively, and a ¥100 million guarantee to an unconsolidated subsidiary was added. Meanwhile, the recourse obligation decreased from ¥717 million to ¥710 million.
  17. FY2021-Q3Higher guarantee amounts and recourse obligationsAnnual report

    「Guarantee of ¥635 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥794 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥793 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates increased from ¥612 million and ¥765 million to ¥635 million and ¥794 million, respectively, and the recourse obligation related to the securitization of bills receivable increased from ¥717 million to ¥793 million.
  18. FY2021-Q2Increase in guarantees and decrease in recourse obligationsAnnual report

    「Guarantee of ¥621 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥777 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥683 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates increased from ¥612 million and ¥765 million to ¥621 million and ¥777 million, respectively, while the recourse obligation related to the securitization of bills receivable decreased from ¥717 million to ¥683 million.
  19. FY2021-Q1MitigatedAnnual report

    「Guarantee of ¥609 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥761 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥709 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, both guarantees to 2 affiliates and recourse obligations related to the securitization of bills receivable decreased.
  20. FY2020MitigatedAnnual report

    「Guarantee of ¥612 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥765 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥717 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, both guarantees to 2 affiliates and recourse obligations related to the securitization of bills receivable decreased.
  21. FY2020-Q3Lower guarantee amounts and higher recourse obligationsAnnual report

    「Guarantee of ¥626 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥783 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥907 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates decreased from ¥657 million and ¥821 million to ¥626 million and ¥783 million, respectively, while the recourse obligation related to the securitization of bills receivable increased from ¥877 million to ¥907 million.
  22. FY2020-Q2Both guarantee amounts and recourse obligations decreasedAnnual report

    「Guarantee of ¥608 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥761 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥626 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates decreased from ¥657 million and ¥821 million to ¥608 million and ¥761 million, respectively, and the recourse obligation related to the securitization of bills receivable decreased from ¥877 million to ¥626 million.
  23. FY2020-Q1Both guarantee amounts and recourse obligations decreasedAnnual report

    「Guarantee of ¥626 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥783 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥846 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantees to 2 affiliates decreased from ¥657 million and ¥821 million to ¥626 million and ¥783 million, respectively, and the recourse obligation related to the securitization of bills receivable decreased from ¥877 million to ¥846 million.
  24. FY2019Lower guarantee amounts and higher recourse obligationsAnnual report

    「Guarantee of ¥657 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥821 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥877 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantees to affiliates decreased from ¥677 million and ¥846 million to ¥657 million and ¥821 million, respectively, while the recourse obligation related to the securitization of bills receivable increased from ¥704 million to ¥877 million.
  25. FY2019-Q3Lower guarantee amounts and higher recourse obligationsAnnual report

    「Guarantee of ¥645 million (RMB 40 million) for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥807 million (RMB 50 million) for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥846 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates decreased from ¥677 million and ¥846 million to ¥645 million and ¥807 million, respectively, while the recourse obligation related to the securitization of bills receivable increased from ¥704 million to ¥846 million.
  26. FY2019-Q2Lower guarantee amounts and higher recourse obligationsAnnual report

    「Guarantee of ¥658 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥823 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥928 million related to the securitization of bills receivable」

    Compared with the end of the previous consolidated fiscal year, guarantees to 2 affiliates decreased from ¥677 million and ¥846 million to ¥658 million and ¥823 million, respectively, while the recourse obligation related to the securitization of bills receivable increased from ¥704 million to ¥928 million.
  27. FY2019-Q1Lower guarantee amounts and higher recourse obligationsAnnual report

    「Guarantee of ¥667 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥834 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥768 million related to the securitization of bills receivable」

    Compared with the end of the previous fiscal year, guarantees to 2 affiliates decreased from ¥677 million and ¥846 million to ¥667 million and ¥834 million, respectively, while the recourse obligation related to the securitization of bills receivable increased from ¥704 million to ¥768 million.
  28. FY2018RestatedAnnual report

    「Guarantee of ¥677 million for borrowings by affiliate 江蘇法爾勝纜索有限公司, guarantee of ¥846 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥704 million related to the securitization of bills receivable」

    The company disclosed, with amounts, guarantees to 2 affiliates and recourse obligations related to the securitization of bills receivable as annual contingent liabilities.
  29. FY2018-Q3First statedAnnual report

    「Guarantee of ¥691 million for borrowings by affiliate 東綱法爾勝纜索有限公司, guarantee of ¥864 million for borrowings by affiliate 江蘇東綱金属製品有限公司, and recourse obligation of ¥724 million related to the securitization of bills receivable」

    The company disclosed, with amounts, guarantees of borrowings by 2 affiliates and recourse obligations related to the securitization of bills receivable as contingent liabilities.
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