Guarantee liabilities in E-Ship® when the share price declines
First written in FY2019-Q3. 1 of 16 entries say "Mitigated", first in FY2023. Latest entry: FY2023.
31 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「¥548 million in the previous consolidated fiscal year; there were no borrowings in the current consolidated fiscal year because the trust had terminated.」
Following the termination of E-Ship®, there were no guaranteed borrowings at the end of the current fiscal year for which the company would make repayments if the share price declined. - FY2023-Q3Third-quarter update of the balance of guaranteed borrowings for the 111th fiscal yearAnnual report
「¥548 million in the previous consolidated fiscal year and ¥107 million in the third quarter of the current fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥107 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2023-Q2Second-quarter update of the balance of guaranteed borrowings for the 111th fiscal yearAnnual report
「¥548 million in the previous consolidated fiscal year and ¥285 million in the second quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥285 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2023-Q1First-quarter update of the balance of guaranteed borrowings for the 111th fiscal yearAnnual report
「¥548 million in the previous consolidated fiscal year and ¥352 million in the first quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥352 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2022Full-year update of the balance of guaranteed borrowingsAnnual report
「¥1,011 million in the previous consolidated fiscal year and ¥548 million in the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥548 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2022-Q3Third-quarter update on the balance of guaranteed borrowingsAnnual report
「¥1,011 million in the previous consolidated fiscal year and ¥614 million in the third quarter of the current fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® decreased to ¥614 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2022-Q2Second-quarter update on the balance of guaranteed borrowingsAnnual report
「¥1,011 million in the previous consolidated fiscal year and ¥785 million in the second quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥785 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2022-Q1First-quarter update on the balance of guaranteed borrowingsAnnual report
「3. Carrying amount of borrowings recognized under the gross method: ¥1,011 million in the previous consolidated fiscal year and ¥848 million in the first quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥848 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2021Full-year update of the balance of guaranteed borrowingsAnnual report
「¥1,421 million in the previous consolidated fiscal year and ¥1,011 million in the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship decreased to ¥1,011 million. The company's obligation to make a lump-sum repayment if the share price declines remains in effect. - FY2021-Q3Third-quarter update on the balance of guaranteed borrowingsAnnual report
「¥1,421 million in the previous consolidated fiscal year and ¥1,070 million in the third quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® decreased to ¥1,070 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2021-Q2Second-quarter update on the balance of guaranteed borrowingsAnnual report
「¥1,421 million in the previous consolidated fiscal year and ¥1,220 million in the second quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® decreased to ¥1,220 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2021-Q1First-quarter update on the balance of guaranteed borrowingsAnnual report
「¥1,421 million in the previous consolidated fiscal year and ¥1,278 million in the first quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® decreased to ¥1,278 million. The company's obligation to make a lump-sum repayment to the banks if the share price declines remains in effect. - FY2020-Q3Third-quarter update on the balance of guaranteed borrowingsAnnual report
「Carrying amount of borrowings recognized under the gross method: ¥1,844 million in the previous consolidated fiscal year and ¥1,480 million in the third quarter of the current consolidated fiscal year」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® was updated to ¥1,480 million. The company's obligation to make a lump-sum repayment if the share price declines remains in effect. - FY2020-Q2Second-quarter update on the balance of guaranteed borrowingsAnnual report
「¥1,844 million at the end of the previous consolidated fiscal year; ¥1,624 million in the current second-quarter consolidated accounting period」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® was updated to ¥1,624 million. The company's obligation to repay the amount in a lump sum in the event of a decline in the share price remains in place. - FY2020-Q1First-quarter update on the balance of guaranteed borrowingsAnnual report
「Carrying amount of borrowings recognized under the gross method: ¥1,844 million at the end of the previous consolidated fiscal year; ¥1,680 million in the current first-quarter consolidated accounting period」
The carrying amount of borrowings recognized under the gross method in connection with E-Ship® was updated to ¥1,680 million. The company's obligation to repay the amount in a lump sum in the event of a decline in the share price remains in place. - FY2019-Q3First statedAnnual report
「If a decline in the share price results in losses on the transfer of shares or other losses and liabilities remain in the trust assets, the Company will make a lump-sum repayment to the bank under the guarantee provisions of the loan agreement.」
The company disclosed its obligation to guarantee repayment in a lump sum to the bank if trust liabilities remain due to a decline in the share price under E-Ship®. The carrying amount of borrowings recognized under the gross method was ¥1,898 million.