Komori
Kyoritsu Electric (6874) · RiskMitigated

Debt Guarantees for Borrowings by Overseas Subsidiaries

First written in FY2019-Q1. 3 of 23 entries say "Mitigated", first in FY2023-Q3. Latest entry: FY2025-H1.

23entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY2023-Q2OtherFY2024-Q2 – FY20242018: 12019: 420192020: 320202021: 420212022: 420222023: 320232024: 320242025: 1
Same theme, other companies
Credit Exposure from Debt GuaranteesA theme 152 companies write about · 164 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2017: 12 of 49 companies on the "Worse" side.

78 other companies' latest entry also says "Mitigated".

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 152 companies compared. The sentences above are computed from all 152.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1MitigatedAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2024): 協立電機(上海)有限公司 ¥11.025 million Current interim consolidated accounting period (31 December 2024): 協立電機(上海)有限公司 — yen」

    The balance of guarantees of debt for 協立電機(上海)有限公司, which was ¥11.025 million at the end of the previous fiscal year, was reported as zero at the end of the interim period.
  2. FY2024Full-year update to guarantee balancesAnnual report

    「The Company provides the following guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2023): 協立電機(上海)有限公司: ¥0. Current consolidated fiscal year (30 June 2024): 協立電機(上海)有限公司: ¥11.025 million」

    The balance of guarantees of debt for 協立電機(上海)有限公司, which was reported as zero at the end of the previous fiscal year, stood at ¥11.025 million at the end of the current fiscal year. The reappearance of a guarantee balance is indicated, but no default or loss is reported.
  3. FY2024-Q3Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2023): 協立電機(上海)有限公司: ¥0. Third quarter of the current consolidated fiscal year (31 March 2024): 協立電機(上海)有限公司: ¥10.420 million」

    The guarantee balance for borrowings by 協立電機(上海)有限公司 increased from zero as stated at the previous year-end to ¥10.420 million at the end of the third quarter. The reinstatement and increase of the guarantee balance are indicated, but no default or loss is disclosed.
  4. FY2024-Q2Reinstatement of guarantee balanceAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2023): 協立電機(上海)有限公司: ¥0. Second quarter of the current consolidated fiscal year (31 December 2023): 協立電機(上海)有限公司: ¥9.970 million」

    The guarantee for borrowings by 協立電機(上海)有限公司, which was stated as zero at the previous year-end, amounted to ¥9.970 million at the end of the second quarter. The figures indicate the reinstatement of the guarantee balance, but no default or loss is disclosed.
  5. FY2023MitigatedAnnual report

    「The Company provides the following guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2022): 協立電機(上海)有限公司 ¥5.667 million. Current consolidated fiscal year (30 June 2023): 協立電機(上海)有限公司: ¥0」

    The guarantee balance for borrowings by 協立電機(上海)有限公司 was stated as zero at the end of the current fiscal year, down from ¥5.667 million at the previous year-end.
  6. FY2023-Q3MitigatedAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2022): 協立電機(上海)有限公司 ¥5.667 million. Third quarter of the current consolidated fiscal year (31 March 2023): 協立電機(上海)有限公司: ¥0」

    The guarantee balance for borrowings by 協立電機(上海)有限公司 was stated as "— yen" at the end of the current third quarter, down from ¥5.667 million at the previous year-end.
  7. FY2023-Q2Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. 協立電機(上海)有限公司: ¥5.667 million; ¥0」

    Regarding guarantees of borrowings by overseas subsidiaries at the end of the second quarter of the 65th fiscal year, the extracted text shows 協立電機(上海)有限公司 at ¥5.667 million and another amount as "— yen," but the corresponding entity is unclear.
  8. FY2023-Q1Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. 協立電機(上海)有限公司: ¥5.667 million; ¥0」

    Guarantee balances for borrowings by overseas subsidiaries were updated. In the extracted text, the Shanghai subsidiary's balance for the current quarter is shown as "— yen." A change from the previous year-end balance of ¥5.667 million is indicated, but the corresponding entity in the table is unclear in the extracted text.
  9. FY2022Full-year update to guarantee balancesAnnual report

    「The Company provides the following guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2021): 協立電機(上海)有限公司 ¥4.758 million; Kyoritsu Engineering (Thailand) Co.,Ltd. ¥34.500 million. Current consolidated fiscal year (30 June 2022): 協立電機(上海)有限公司 ¥5.667 million」

    For guarantees of borrowings by overseas subsidiaries at the end of June 2022, the Shanghai subsidiary was stated at ¥5.667 million. The current-year balance for the Thai subsidiary cannot be confirmed from the text provided.
  10. FY2022-Q3Update to guarantee balancesAnnual report

    「協立電機(上海)有限公司: ¥5.353 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥34.500 million」

    At the end of March 2022, guarantee balances were stated as ¥5.353 million for the Shanghai subsidiary and ¥34.500 million for the Thai subsidiary.
  11. FY2022-Q2Update to guarantee balancesAnnual report

    「協立電機(上海)有限公司: ¥5.022 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥0」

    At the end of December 2021, the guarantee balance for borrowings by overseas subsidiaries was ¥5.022 million for the Shanghai subsidiary, while the Thai subsidiary was stated as zero.
  12. FY2022-Q1Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. 協立電機(上海)有限公司: ¥4.806 million; Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥33.000 million」

    At the end of September 2021, guarantee balances for borrowings by overseas subsidiaries were updated to ¥4.806 million for the Shanghai subsidiary and ¥33.000 million for the Thai subsidiary.
  13. FY2021Full-year update to guarantee balancesAnnual report

    「協立電機(上海)有限公司: ¥4.758 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥34.500 million」

    At the end of June 2021, guarantee balances for borrowings by overseas subsidiaries were updated to ¥4.758 million for the Shanghai subsidiary and ¥34.500 million for the Thai subsidiary.
  14. FY2021-Q3Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2020): 協立電機(上海)有限公司 ¥13.926 million; Kyoritsu Engineering (Thailand) Co.,Ltd. ¥34.900 million. Third quarter of the current consolidated fiscal year (31 March 2021): 協立電機(上海)有限公司 ¥4.686 million; Kyoritsu Engineering (Thailand) Co.,Ltd. ¥35.400 million.」

    At the end of March 2021, guarantee balances for borrowings by overseas subsidiaries were updated to ¥4.686 million for the Shanghai subsidiary and ¥35.400 million for the Thai subsidiary.
  15. FY2021-Q2Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2020): 協立電機(上海)有限公司 ¥13.926 million; Kyoritsu Engineering (Thailand) Co.,Ltd. ¥34.900 million. Second quarter of the current consolidated fiscal year (31 December 2020): 協立電機(上海)有限公司 ¥4.416 million; Kyoritsu Engineering (Thailand) Co.,Ltd. ¥34.400 million.」

    At the end of December 2020, guarantee balances for borrowings by overseas subsidiaries were updated to ¥4.416 million for the Shanghai subsidiary and ¥34.400 million for the Thai subsidiary.
  16. FY2021-Q1Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2020) 協立電機(上海)有限公司: ¥13.926 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥34.900 million First quarter of the current consolidated fiscal year (30 September 2020) 協立電機(上海)有限公司: ¥14.209 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥33.400 million」

    At the end of September 2020, guarantee balances for borrowings by overseas subsidiaries were updated to ¥14.209 million for the Shanghai subsidiary and ¥33.400 million for the Thai subsidiary.
  17. FY2020-Q3Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2019) 協立電機(上海)有限公司: ¥4.358 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.650 million Third quarter of the current consolidated fiscal year (31 March 2020) 協立電機(上海)有限公司: ¥4.252 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥33.400 million」

    At the end of March 2020, guarantee balances for borrowings by overseas subsidiaries were updated to ¥4.252 million for the Shanghai subsidiary and ¥33.400 million for the Thai subsidiary. The combined guarantee balance for both subsidiaries decreased from the previous year-end.
  18. FY2020-Q2Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2019) 協立電機(上海)有限公司: ¥4.358 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.650 million Second quarter of the current consolidated fiscal year (31 December 2019) 協立電機(上海)有限公司: ¥4.358 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥54.450 million」

    At the end of December 2019, guarantee balances for overseas subsidiary borrowings were ¥4.358 million for the Shanghai subsidiary and ¥54.450 million for the Thai subsidiary, not ¥54.45 million as stated in the alternative unit expression. The Thai subsidiary's balance increased from the previous year-end.
  19. FY2020-Q1Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2019) 協立電機(上海)有限公司: ¥4.358 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.650 million First quarter of the current consolidated fiscal year (30 September 2019) 協立電機(上海)有限公司: ¥4.208 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.950 million」

    At 30 September 2019, guarantee balances for borrowings by overseas subsidiaries were ¥4.208 million for the Shanghai subsidiary and ¥52.950 million for the Thai subsidiary.
  20. FY2019Full-year update to guarantee balancesAnnual report

    「The Company provides the following guarantees for borrowings by subsidiaries from financial institutions. 協立電機(上海)有限公司: ¥4.358 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.650 million」

    At 30 June 2019, guarantee balances for borrowings by overseas subsidiaries were ¥4.358 million for the Shanghai subsidiary and ¥52.650 million for the Thai subsidiary.
  21. FY2019-Q3Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2018) 協立電機(上海)有限公司: ¥24.537 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥49.950 million Third quarter of the current consolidated fiscal year (31 March 2019) 協立電機(上海)有限公司: ¥4.580 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.350 million」

    Guarantee balances for borrowings by overseas subsidiaries were updated to ¥4.580 million for the Shanghai subsidiary and ¥52.350 million for the Thai subsidiary.
  22. FY2019-Q2Update to guarantee balancesAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. Previous consolidated fiscal year (30 June 2018) 協立電機(上海)有限公司: ¥24.537 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥49.950 million Second quarter of the current consolidated fiscal year (31 December 2018) 協立電機(上海)有限公司: ¥4.486 million Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥51.150 million」

    Guarantee balances for borrowings by overseas subsidiaries were updated to ¥44.86 million for the Shanghai subsidiary and ¥51.15 million for the Thai subsidiary.
  23. FY2019-Q1First statedAnnual report

    「The Company provides guarantees for borrowings by subsidiaries from financial institutions. 協立電機(上海)有限公司: ¥30.540 million; Kyoritsu Engineering (Thailand) Co.,Ltd.: ¥52.500 million」

    Guarantees of borrowings from financial institutions by overseas subsidiaries were disclosed as contingent liabilities. At the end of the current first quarter, the guarantee amounts were ¥30.540 million for the Shanghai subsidiary and ¥52.500 million for the Thai subsidiary.
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Debt Guarantees for Borrowings by Overseas Subsidiaries | KYORITSU ELECTRIC CORPORATION (6874) | Komori