Counterparty Credit Risk and Expected Credit Loss Management
First written in FY2019. 2 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
Mitsubishi Heavy Industries moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Credit-impaired financial assets 5,348」
The allowance for losses on credit-impaired financial assets increased from ¥2,624 million in the previous fiscal year to ¥5,348 million. - FY2025MitigatedAnnual report
「Loans to 日本鋳鍛鋼㈱ listed in Note 30, Related Parties, had been included in credit-impaired financial assets. Following the liquidation of the company during the current consolidated fiscal year, the corresponding loss allowance was reversed.」
The allowance for credit-impaired financial assets decreased from ¥7,598 million at the end of the previous fiscal year to ¥2,624 million. The decrease resulted from the reversal of the allowance following the liquidation of 日本鋳鍛鋼. - FY2024Decrease in the allowance for credit-impaired financial assetsAnnual report
「Credit-impaired financial assets 7,598」
The loss allowance for credit-impaired financial assets decreased from ¥8,040 million in the previous fiscal year to ¥7,598 million. Loans to 日本鋳鍛鋼 and others continued to be included in the assets covered. - FY2022Disclosure of the allowance balance for credit-impaired financial assetsAnnual report
「Credit-impaired financial assets 7,909」
The loss allowance for credit-impaired financial assets decreased from ¥9,149 million in the previous fiscal year to ¥7,909 million. Loans to 日本鋳鍛鋼㈱ and others continued to be included in credit-impaired financial assets. - FY2021WorsenedAnnual report
「The current consolidated fiscal year's credit-impaired financial assets also include loans to 日本鋳鍛鋼㈱ and others listed in Note 31, Related Parties.」
The loss allowance for credit-impaired financial assets increased from ¥1,704 million in the previous fiscal year to ¥9,149 million, as the deterioration in counterparties' financial condition again became apparent. - FY2020MitigatedAnnual report
「Loans to ATMEA S.A.S. and others listed in Note 31, Related Parties, had been included in credit-impaired financial assets. Following the transfer of those loans to a third party, the corresponding loss allowance was reversed during the current consolidated fiscal year.」
The transfer of loans to ATMEA to a third party resulted in a reversal of the loss allowance for credit-impaired financial assets. The allowance balance for credit-impaired financial assets decreased from ¥13,609 million in the previous fiscal year to ¥1,704 million. - FY2019First statedAnnual report
「Due to deterioration in the financial condition of counterparties, the loss allowance for credit-impaired financial assets increased in both the previous and current consolidated fiscal years. Credit-impaired financial assets include loans to ATMEA S.A.S. and others listed in Note 31, Related Parties.」
Credit risk management, allowances for expected credit losses and the increase in credit-impaired financial assets resulting from deterioration in counterparties' financial condition were organized as a separate risk-management theme for the first time. The allowance for credit-impaired financial assets was ¥13,609 million at the end of the current fiscal year.