Contingent Liability Exposure Associated with Debt Guarantees, Bid Guarantees and Other Guarantees
First written in FY2022-Q3. 9 of 14 entries say "Worsened", first in FY2022. Latest entry: 2026-09-30.
Nidec moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 8 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- 2026-09-30MaterialisedOccurring Fact
「The company recorded, as extraordinary losses, valuation losses on shares in affiliated companies, valuation losses on investments in affiliated companies, provisions for doubtful receivables from affiliated companies, provisions for losses on guarantees of obligations, and provisions for losses on the businesses of affiliated companies.」
The company recorded a ¥21.7 billion provision for losses on guarantees in its non-consolidated financial results, moving from disclosure of its previous contingent liability exposure to recognition of a loss provision. It states that the relevant affiliate-related item will be eliminated in the consolidated financial statements and therefore has no impact on consolidated results. - FY2026WorsenedAnnual report
「At the end of the consolidated fiscal year, NIDEC had contingent liabilities totaling ¥64,433 million related to bid bonds, advance payment bonds, performance bonds and payment bonds.」
Contingent liabilities related to guarantees increased from ¥58,037 million in FY2026-H1 to ¥64,433 million. It states that no material guarantee claims have been recognized. - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥58,037 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Contingent liabilities related to guarantees increased from ¥43,756 million in the previous disclosure to ¥58,037 million. It states that no material guarantee claims have been recognized. - FY2025-H1MitigatedAnnual report
「During the interim consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥43,756 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Contingent liabilities amounted to ¥43,756 million. It states that no material guarantee claims have been recognized. - FY2024WorsenedAnnual report
「At the end of the consolidated fiscal year, NIDEC provided guarantees totaling ¥18,929 million for bank borrowings of an equity-method investee.」
Guarantees for an equity-method investee amounted to ¥18,929 million, while contingent liabilities related to various guarantees also increased to ¥44,184 million. It states that no material guarantee claims have been recognized. - FY2024-Q3WorsenedAnnual report
「During the third quarter consolidated accounting period, NIDEC provided guarantees totaling ¥18,262 million for bank borrowings of an equity-method investee.” “During the third quarter consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥22,138 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Guarantees for an equity-method investee amounted to ¥18,262 million, while contingent liabilities related to various guarantees amounted to ¥22,138 million, increasing contingent liability exposure from the previous quarter. It states that no material guarantee claims have been recognized. - FY2024-Q2WorsenedAnnual report
「During the second quarter consolidated accounting period, NIDEC provided guarantees totaling ¥18,290 million for bank borrowings of an equity-method investee. NIDEC currently does not recognize any material demands that would constitute a breach of these guarantees, nor any events that would result in material demands in the future. During the second quarter consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥21,018 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Guarantees for an equity-method investee amounted to ¥18,290 million, while contingent liabilities related to various guarantees amounted to ¥21,018 million, increasing guarantee exposure from the previous quarter. It states that no material guarantee claims have been recognized. - FY2024-Q1WorsenedAnnual report
「During the first quarter consolidated accounting period, NIDEC provided guarantees totaling ¥18,194 million for bank borrowings of an equity-method investee.” “During the first quarter consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥18,364 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Guarantees for an equity-method investee amounted to ¥18,194 million, while contingent liabilities related to various guarantees amounted to ¥18,364 million, increasing guarantee exposure from the end of the previous fiscal year. It states that no material guarantee claims have been recognized. - FY2023WorsenedAnnual report
「At the end of the consolidated fiscal year, NIDEC provided guarantees totaling ¥13,523 million for bank borrowings of an equity-method investee.」
Guarantees for an equity-method investee increased from ¥9,952 million at the end of the previous fiscal year to ¥13,523 million. Contingent liabilities related to various guarantees also reached ¥18 billion. - FY2023-Q3Updated guarantee and contingent liability balancesAnnual report
「During the third quarter consolidated accounting period, NIDEC provided guarantees totaling ¥10,288 million for bank borrowings of an equity-method investee. During the third quarter consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥17,179 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Guarantees decreased from ¥10,351 million to ¥10,288 million, while contingent liabilities related to various guarantees increased from ¥15,578 million to ¥17,179 million. It states that no material guarantee claims have been recognized. - FY2023-Q2Updated guarantee and contingent liability balancesAnnual report
「During the second quarter consolidated accounting period, NIDEC provided guarantees totaling ¥10,351 million for bank borrowings of an equity-method investee. NIDEC currently does not recognize any material demands that would constitute a breach of these guarantees, nor any events that would result in material demands in the future. During the second quarter consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥15,578 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Guarantees for an equity-method investee amounted to ¥10,351 million, while contingent liabilities related to various guarantees amounted to ¥15,578 million. It states that no material guarantee claims have been recognized. - FY2023-Q1WorsenedAnnual report
「During the first quarter consolidated accounting period, NIDEC provided guarantees totaling ¥10,376 million for bank borrowings of an equity-method investee. NIDEC recognized contingent liabilities totaling ¥15,434 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Guarantees increased from ¥9,952 million to ¥10,376 million, while contingent liabilities related to various guarantees increased from ¥13,816 million to ¥15,434 million. - FY2022WorsenedAnnual report
「At the end of the consolidated fiscal year, NIDEC provided guarantees totaling ¥9,952 million for bank borrowings of an equity-method investee. NIDEC currently does not recognize any material demands that would constitute a breach of these guarantees.」
Guarantees increased from ¥9,482 million to ¥9,952 million. Contingent liabilities related to various guarantees also reached ¥13,816 million. - FY2022-Q3First statedAnnual report
「During the third quarter consolidated accounting period, NIDEC provided guarantees totaling ¥9,482 million for bank borrowings of an equity-method investee. During the third quarter consolidated accounting period, NIDEC recognized contingent liabilities totaling ¥13,282 million related to bid bonds, advance payment bonds, performance bonds, warranty bonds and payment bonds.」
Disclosing ¥9,482 million in guarantees for bank borrowings of an equity-method investee and ¥13,282 million in contingent liabilities related to various guarantees. It states that no material guarantee claims have been recognized.