Uncollectible Loans to Supported Entities and the Burden of Financial Support
First written in FY2017-Q2. 7 of 22 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2026.
Rvh moved to the "Worse" side of this theme in 2017.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Cash used in investing activities totaled ¥59.741 million (compared with ¥124.357 million generated in the previous consolidated fiscal year). This was mainly because, while cash inflows of ¥82.245 million from loan collections and ¥20.765 million from long-term loan collections were generated, cash outflows of ¥82.000 million for new lending, ¥50.000 million for long-term lending and other amounts were incurred.」
While loans and long-term loans were collected, new loans and long-term loans were also provided, so the recovery of financial exposure continued to occur alongside additional outlays. - FY2026-H1Loan collections and new lending occurring concurrentlyAnnual report
「This was mainly because, while cash inflows of ¥80.245 million were generated from loan collections, cash outflows of ¥80.000 million for new lending, ¥50.000 million for long-term lending and other amounts were incurred.」
Loan collections of ¥80.245 million occurred at the same time as new lending of ¥80.000 million and long-term lending of ¥50.000 million, resulting in the recovery of financial exposure occurring alongside additional outlays. - FY2025-H1Loan collections and new lending occurring concurrentlyAnnual report
「This was mainly because, while cash outflows of ¥156.000 million were incurred for new lending, cash inflows of ¥234.835 million and other amounts were generated from loan collections.」
While collecting ¥234.835 million in loans, the company also provided ¥156.000 million in new loans, resulting in the recovery of financial exposure occurring alongside additional funding outlays. - FY2024Loan collections and new lending occurring concurrentlyAnnual report
「Cash used in investing activities totaled ¥5.529 million (compared with ¥641.644 million used in the previous consolidated fiscal year). This was mainly because, while cash inflows of ¥52.411 million were generated from loan collections, cash outflows of ¥55.000 million were incurred for new lending.」
While collecting ¥52.411 million in loans, the company also provided ¥55.000 million in new loans, resulting in the recovery of financial exposure occurring alongside additional funding outlays. - FY2024-Q3WorsenedAnnual report
「This was mainly due to a ¥101.815 million decrease in cash and deposits resulting from an increase in loans under loan agreements, a ¥7.654 million decrease in other current assets due to a decline in refundable corporate income taxes and other receivables, and a ¥15.992 million decrease in accounts receivable resulting from the collection of trade receivables, among other factors.」
Loans under loan agreements increased, resulting in a ¥101.815 million decrease in cash and deposits. While progress in recovering financial exposure had been reported through the previous fiscal year, the current quarter showed new cash outflows. - FY2024-Q2MitigatedAnnual report
「This was mainly due to proceeds of ¥5.662 million from the recovery of loans, among other factors.」
Proceeds from the recovery of loans were recognized, indicating progress in recovering funds related to loans and financial support, which had expanded through the previous fiscal year. - FY2024-Q1WorsenedAnnual report
「This was mainly due to a ¥33.049 million decrease in notes and accounts receivable resulting from the collection of accounts receivable, and a ¥107.389 million decrease in cash and deposits accompanying an increase in short-term loans, among other factors.」
Short-term loans increased, accompanied by a ¥107.389 million decrease in cash and deposits. Financial exposure and funding burdens relating to affiliated companies and others also increased during the quarter. - FY2023WorsenedAnnual report
「As a result of investing activities, funds used totaled ¥641.644 million (compared with funds provided of ¥1,143.358 million in the previous consolidated fiscal year). This was mainly due to proceeds of ¥16.359 million from the cancellation of insurance accumulation plans and proceeds of ¥11.987 million from the recovery of loans, despite outflows of negative ¥485 million for loans provided and negative ¥139.329 million for the acquisition of shares in subsidiaries involving a change in the scope of consolidation.」
Although ¥11.987 million was recovered from loans, an outflow of ¥485 million arose from loans provided during the period, indicating increased financial exposure and funding burdens relating to affiliated companies and others. - FY2023-Q3WorsenedAnnual report
「This was mainly due to a ¥243.188 million decrease in refundable corporate income taxes and other receivables resulting from a corporate income tax refund, a ¥381.969 million decrease in cash and deposits due to loans under loan agreements with affiliated companies and the acquisition of shares in affiliated companies, and a ¥26.972 million decrease in accounts receivable resulting from the collection of trade receivables, among other factors.」
Cash and deposits decreased by ¥381.969 million due to loans to affiliated companies and the acquisition of shares in affiliated companies, indicating that new financial exposure and funding burdens also emerged during the quarter. - FY2023-Q2WorsenedAnnual report
「This was mainly due to a ¥280.551 million decrease in refundable corporate income taxes and other receivables resulting from a corporate income tax refund, a ¥266.8 million decrease in cash and deposits due to loans under loan agreements with affiliated companies and the acquisition of shares in affiliated companies, and a ¥44.098 million decrease in accounts receivable resulting from the collection of trade receivables, among other factors.」
Cash outflows related to loans to affiliated companies and the acquisition of shares in affiliated companies were disclosed, indicating new financial exposure. The text does not explicitly state that these entities are the same as the borrowers or previously supported companies. - FY2022MitigatedAnnual report
「This was mainly due to the early recovery of short-term and long-term loans, the issuance of new shares through a third-party allotment, and strong performance by a subsidiary in the System Development segment, among other factors.」
The early recovery of short-term and long-term loans was carried out, indicating progress in recovering funds related to loans and financial support. - FY2022-Q3MitigatedAnnual report
「This was mainly due to a ¥306.641 million increase in cash and deposits resulting from the early repayment and recovery of short-term and long-term loans and the issuance of new shares through a third-party allotment, as well as the interim payment of corporate, local and enterprise taxes, and a ¥293.035 million increase in refundable corporate income taxes receivable due to the interim payment of such taxes.」
The early repayment and recovery of short-term and long-term loans was carried out, reaffirming progress in recovering funds related to loans and financial support. - FY2022-Q2MitigatedAnnual report
「From a financial perspective, near-term operating funds have been secured through the completion of payment for a new share issuance by third-party allotment and the early recovery of ¥1,500 million in loan receivables, among other measures.」
The company carried out the early recovery of ¥1,500 million in loan receivables, which, together with the third-party allotment, contributed to securing near-term operating funds. The disclosure indicates progress in addressing the funding burden associated with loans and receivables recovery. - FY2021MaterialisedAnnual report
「Loss on waiver of receivables from an affiliated company: ¥742 million」
A ¥742 million loss on the waiver of receivables from an affiliated company was recognized, causing the burden associated with financial support and receivables recovery to appear as an actual loss. - FY2021-Q2MaterialisedAnnual report
「During the second quarter of the current consolidated fiscal year, a ¥1,270 million provision for doubtful accounts related to the consideration for the transfer of receivables from 株式会社トラストベイル was recognized as an extraordinary loss.」
The recovery risk on the consideration for the transfer of receivables materialized in the quarter's extraordinary loss through the recognition of a ¥1,270 million provision for doubtful accounts related to 株式会社トラストベイル. - FY2020MaterialisedAnnual report
「Extraordinary losses totaled ¥3,307 million (up 139.2% year on year), mainly due to the recognition of ¥1,987 million in impairment losses on goodwill and other assets and ¥1,195 million in provision for doubtful accounts.」
A ¥1,195 million provision for doubtful accounts associated with recovery risk on loans and receivables was recognized as an extraordinary loss, causing the burden associated with financial support and receivables recovery to be reflected in full-year earnings. - FY2020-Q3RestatedAnnual report
「Provision for doubtful accounts: ¥1,070 million」
A ¥1,070 million provision for doubtful accounts was recognized as an extraordinary loss, and the burden of financial support associated with receivables recovery risk continued to be reflected in earnings. - FY2020-Q2MaterialisedAnnual report
「Provision for doubtful accounts: ¥1,065 million」
A ¥1,065 million provision for doubtful accounts was recognized as an extraordinary loss, causing the burden associated with receivables recovery risk to be reflected in actual earnings. This was up from ¥405 million in the same period of the previous year. - FY2020-Q1MaterialisedAnnual report
「Provision for doubtful accounts: ¥303 million」
A ¥303 million provision for doubtful accounts was recognized as an extraordinary loss, and the burden associated with receivables recovery risk was reflected in the quarter's earnings. - FY2019MaterialisedAnnual report
「Extraordinary losses totaled ¥1,382 million (up 555.1% year on year), mainly due to the recognition of ¥678 million in provision for doubtful accounts, ¥263 million in impairment losses related to withdrawn stores and other assets, and ¥151 million in losses on the sale of receivables associated with the sale of shares in a subsidiary.」
The recovery risk relating to loans and receivables materialized in the full-year results through the recognition of ¥678 million in provision for doubtful accounts and losses on the sale of receivables. However, the text presents the relationship with individual borrowers collectively rather than identifying a direct causal link. - FY2018-Q2MaterialisedAnnual report
「Payments of ¥448 million in customer support funds」
The payment of ¥448 million in customer support funds was recorded in cash flows from operating activities, showing the financial support burden as an actual cash outflow. The text does not explicitly state a direct causal relationship with the recipient or with the inability to recover the funds. - FY2017-Q2First statedAnnual report
「An estimated uncollectible amount of ¥84.832 million was recognized as a provision for doubtful accounts under selling, general and administrative expenses. During the third quarter of the fiscal year ending March 2017, short-term loans of ¥266.601 million were offset, and tangible fixed assets of the same amount were recognized.」
An estimated uncollectible amount arose in connection with loans to a supported company, with recognition of an allowance for doubtful accounts and offsetting of the loans planned.