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Furuno Electric (6814) · RiskWorsened

Guarantee Liabilities and Credit Exposure

First written in FY2017-Q1. 14 of 21 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2023-Q2.

21entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2018-Q3 – FY2019-Q3MitigatedFY2020-Q1 – FY2022-Q22016: 220162017: 320172018: 320182019: 420192020: 320202021: 420212022: 22022
Same theme, other companies
Increase in Outstanding GuaranteesA theme 25 companies write about · 24 as a headwind · 1 as a tailwind

Furuno Electric moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.

The whole theme swung hardest in 2022: 8 of 22 companies on the "Worse" side.

8 other companies' latest entry also says "Worsened".

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 25 companies compared. The sentences above are computed from all 25.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q2WorsenedAnnual report

    「Guarantee for the refund of advance payments received from business partners － million ¥230 million」

    A ¥230 million guarantee for the refund of advance payments received from business partners was newly reported as a guarantee obligation, increasing guarantee exposure from zero at the end of the previous consolidated fiscal year.
  2. FY2022-Q3RestatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥1 million － million」

    Guarantee obligations remained at zero at the end of the current third quarter, continuing at a low level.
  3. FY2022-Q2MitigatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥1 million － million」

    Guarantee obligations decreased from ¥1 million at the end of the previous consolidated fiscal year to zero at the end of the current second quarter.
  4. FY2022-Q1MitigatedAnnual report

    「¥1 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans) － million」

    Guarantee obligations decreased from ¥1 million at the end of the previous consolidated fiscal year to zero at the end of the current first quarter.
  5. FY2021MitigatedAnnual report

    「¥1 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans)」

    Guarantee obligations decreased from ¥8 million at the end of the previous fiscal year to ¥1 million.
  6. FY2021-Q3MitigatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥2 million」

    Guarantee obligations decreased from ¥8 million at the end of the previous consolidated fiscal year to ¥2 million.
  7. FY2021-Q2MitigatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥4 million」

    Guarantee obligations decreased from ¥8 million at the end of the previous consolidated fiscal year to ¥4 million.
  8. FY2021-Q1MitigatedAnnual report

    「¥6 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans)」

    Guarantee obligations decreased from ¥8 million at the end of the previous consolidated fiscal year to ¥6 million.
  9. FY2020-Q3MitigatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥11 million Guarantees related to trade payables and other obligations of business partners ¥11 million Total ¥22 million」

    Total guarantee obligations came to ¥22 million, down from ¥33 million in the previous quarter.
  10. FY2020-Q2MitigatedAnnual report

    「¥14 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥18 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥33 million」

    Total guarantee obligations decreased from ¥55 million at the end of the previous consolidated fiscal year and ¥48 million at the end of the previous first quarter to ¥33 million.
  11. FY2020-Q1MitigatedAnnual report

    「¥20 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥28 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥48 million」

    Total guarantee obligations decreased from ¥55 million at the end of the previous consolidated fiscal year to ¥48 million.
  12. FY2019Recorded ¥55 million in guarantee obligationsAnnual report

    「¥27 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥27 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥55 million」

    Guarantee obligations decreased from ¥57 million in the previous fiscal year to ¥55 million year on year, but increased from ¥48 million reported in the immediately preceding third-quarter report.
  13. FY2019-Q3MitigatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥37 million Guarantees related to trade payables and other obligations of business partners ¥10 million Total ¥48 million」

    Total guarantee obligations decreased from ¥55 million previously to ¥48 million.
  14. FY2019-Q2MitigatedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans) ¥45 million Guarantees related to trade payables and other obligations of business partners ¥9 million Total ¥55 million」

    Total guarantee obligations came to ¥55 million, down from ¥63 million in the immediately preceding first-quarter report.
  15. FY2019-Q1MitigatedAnnual report

    「¥58 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥5 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥63 million」

    Total guarantee obligations decreased from ¥79 million previously to ¥63 million.
  16. FY2018-Q3MitigatedAnnual report

    「¥53 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥26 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥79 million」

    Total guarantee obligations came to ¥79 million, down from ¥98 million in the previous quarter.
  17. FY2018-Q2RestatedAnnual report

    「¥63 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥35 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥98 million」

    Total guarantee obligations were ¥98 million, unchanged from the previous report.
  18. FY2018-Q1MitigatedAnnual report

    「¥70 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), and ¥27 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥98 million」

    Total guarantee obligations came to ¥98 million, down from ¥134 million reported in the immediately preceding third-quarter report. However, the total was higher than the ¥96 million at the end of the previous fiscal year.
  19. FY2017-Q3WorsenedAnnual report

    「¥90 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), ¥16 million in guarantees related to subsidiary borrowings, and ¥27 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥134 million」

    Total guarantee obligations increased from ¥121 million in the previous quarter to ¥134 million.
  20. FY2017-Q2WorsenedAnnual report

    「¥81 million in guarantees related to loans financing customers' equipment purchases (Furuno Loans), ¥15 million in guarantees related to subsidiary borrowings, and ¥24 million in guarantees related to trade payables and other obligations of business partners, for a total of ¥121 million」

    Total guarantee obligations increased to ¥121 million from ¥116 million in the previous quarterly report.
  21. FY2017-Q1First statedAnnual report

    「Guarantees related to loans financing customers' equipment purchases (Furuno Loans), guarantees related to subsidiary borrowings, and guarantees related to trade payables and other obligations of business partners: ¥116 million in total」

    Guarantee obligations to customers, subsidiaries, and business partners are disclosed with amounts.
Moved together

"Sluggish Demand in the Merchant Vessel and Fisheries Markets and Declining Sales in the Marine Equipment Business" moved the same way as this thread, in the same document, in 7 of its 21 moves.

766554★123456
  1. ★This thread
  2. 1Sluggish Demand in the Merchant Vessel and Fisheries Markets and Declining Sales in the Marine Equipment Business7×
  3. 2Impact of Yen Appreciation and Foreign-Exchange Losses on Results6×
  4. 3Revenue and profit growth in the wireless LAN and handheld terminal businesses6×
  5. 4Returning Profits to Shareholders Through Dividends5×
  6. 5Slowing Growth in China and Asian Economies5×
  7. 6Recognition of impairment losses4×

★ 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
No upcoming earnings preview for Furuno Electric yet.
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Guarantee Liabilities and Credit Exposure | FURUNO ELECTRIC CO.,LTD. (6814) | Komori