Credit Risk of Customers, Investees and Derivatives Counterparties
First written in FY2018. 7 of 28 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「The balance of contingent liabilities under guarantees at the end of the fiscal year was ¥252.0 billion, with a longest maturity of 2044. Of this amount, ¥129.2 billion represented guarantees of liabilities of equity-method investees and ¥122.9 billion represented guarantees of third-party liabilities.」
The maximum future potential payment amount under guarantees increased from ¥194.0 billion at the end of the previous fiscal year to ¥252.0 billion. Although the Company recognized an allowance for expected credit losses and states that it does not expect material additional losses, its exposure increased. - FY2026-H1WorsenedAnnual report
「Guarantees of liabilities of equity-method investees 131,317 118,612 Guarantees of third-party liabilities 62,680 83,051 Total 193,997 201,663」
The maximum future potential payment amount under guarantees increased from ¥193.997 billion at the end of the previous consolidated fiscal year to ¥201.663 billion at the end of the interim consolidated accounting period. The Company recognized an allowance for expected credit losses and expects no material additional losses to arise. - FY2025MitigatedAnnual report
「The balance of contingent liabilities under guarantees at the end of the fiscal year was ¥194.0 billion, with a longest maturity of 2050. Of this amount, ¥131.3 billion represented guarantees of liabilities of equity-method investees and ¥62.7 billion represented guarantees of third-party liabilities.」
The maximum future potential payment amount under guarantees decreased from ¥222.2 billion at the end of the previous fiscal year to ¥194.0 billion. Meanwhile, the loss allowance increased, and credit risk management is continuing. - FY2025-H1MitigatedAnnual report
「Guarantees of liabilities of equity-method investees 135,398 128,883 Guarantees of third-party liabilities 86,796 76,271 Total 222,194 205,154」
The maximum future potential payment amount under guarantees decreased from ¥222.194 billion at the end of the previous fiscal year to ¥205.154 billion at the end of the interim consolidated accounting period. - FY2024WorsenedAnnual report
「The balance of contingent liabilities under guarantees at the end of the fiscal year was ¥222.2 billion, with a longest maturity of 2049. Of this amount, ¥135.4 billion represented guarantees of liabilities of equity-method investees and ¥86.8 billion represented guarantees of third-party liabilities.」
The maximum future potential payment amount under guarantees increased from ¥157.2 billion at the end of the previous fiscal year to ¥222.2 billion. The Company states that it has recognized an allowance for expected credit losses and does not expect material additional losses. - FY2024-Q3WorsenedAnnual report
「Guarantees of liabilities of equity-method investees 75,862 121,722 Guarantees of third-party liabilities 81,345 89,445 Total 157,207 211,167」
The maximum future potential payment amount under guarantees increased from ¥157.2 billion at the end of the previous fiscal year to ¥211.167 billion at the end of the third quarter. The Company recognized an allowance for expected credit losses and expects no material additional losses to arise. - FY2024-Q2WorsenedAnnual report
「Guarantees of liabilities of equity-method investees 75,862 112,072 Guarantees of third-party liabilities 81,345 88,999 Total 157,207 201,071」
The maximum future potential payment amount under guarantees increased from ¥157.2 billion at the end of the previous fiscal year to ¥201.071 billion at the end of the second quarter. The Company recognized an allowance for expected credit losses and expects no material additional losses to arise. - FY2024-Q1Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows. Total 157,207 186,842」
The maximum future potential payment amount under guarantees increased from ¥157.2 billion at the end of the previous fiscal year to ¥186.8 billion at the end of the first quarter. The increase applied to both guarantees for equity-method investees and guarantees for third parties. - FY2023Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The balance of contingent liabilities under guarantees at the end of the fiscal year was ¥157.2 billion, with a longest maturity of 2048. Of this amount, ¥75.9 billion represented guarantees of liabilities of equity-method investees and ¥81.3 billion represented guarantees of third-party liabilities.」
The maximum future potential payment amount under guarantees increased from ¥121.6 billion at the end of the previous fiscal year to ¥157.2 billion. No material additional losses are expected to arise. - FY2023-Q3Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees increased from ¥121.644 billion at the end of the previous fiscal year to ¥148.903 billion at the end of the third quarter. The Company recognized a loss allowance for expected credit losses and expects no material additional losses to arise. - FY2023-Q2Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees increased from ¥121.644 billion at the end of the previous fiscal year to ¥141.588 billion at the end of the second quarter. Management expects no material additional losses to arise. - FY2023-Q1Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees increased from ¥121.644 billion at the end of the previous fiscal year to ¥139.521 billion at the end of the first quarter. This comprised ¥52.947 billion in guarantees for equity-method investees and ¥86.574 billion in guarantees for third parties, and no material additional losses are expected to arise. - FY2022Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The balance of contingent liabilities under guarantees at the end of the fiscal year was ¥121.6 billion, with a longest maturity of 2047. Of this amount, ¥52.2 billion represented guarantees of liabilities of equity-method investees and ¥69.4 billion represented guarantees of third-party liabilities.」
The maximum future potential payment amount under guarantees increased to ¥121.6 billion from approximately ¥115.0 billion at the end of the previous fiscal year. Meanwhile, the Company expects no material additional losses to arise. - FY2022-Q3MitigatedAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥115.030 billion at the end of the previous fiscal year to ¥108.171 billion at the end of the third quarter. No material additional losses are expected to arise. - FY2022-Q2MitigatedAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥115.030 billion at the end of the previous fiscal year to ¥114.459 billion at the end of the second quarter. The Company expects no material additional losses to arise. quantified: true; materialized: false. - FY2022-Q1MitigatedAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥115.030 billion at the end of the previous fiscal year to ¥109.152 billion at the end of the first quarter. Guarantees for equity-method investees decreased from ¥52.409 billion to ¥49.295 billion, while guarantees for third parties decreased from ¥62.621 billion to ¥59.857 billion. No material additional losses are expected to arise. - FY2021MaterialisedAnnual report
「The principal factors behind changes in the loss allowance during the period were increases in fixed trade receivables from Bluewaters Power 1 Pty Ltd, Bluewaters Power 2 Pty Ltd and other companies engaged in coal-fired power generation in Australia, in which the Company holds a 49.99% interest through itself and its wholly owned subsidiary Summit Southern Cross Power Holdings Pty Ltd, and the recognition of allowances against those receivables.」
With respect to credit risk, the loss allowance increased from ¥17.2 billion to ¥42.0 billion, mainly due to fixed trade receivables, and the deterioration in credit quality related to Bluewaters materialized in the accounts. - FY2021-Q3MitigatedAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥115.701 billion at the end of the previous fiscal year to ¥95.651 billion at the end of the third quarter. The Company expects no material additional losses to arise. - FY2021-Q2MaterialisedAnnual report
「In the Indonesian automotive finance business, total one-time losses of approximately ¥21 billion were incurred through the second quarter due to increased provisions related to payment deferrals and other measures accompanying the local government's introduction of emergency measures for COVID-19, as well as impairment losses. From the third quarter onward, there is concern that credit costs may increase further.」
One-off losses of approximately ¥21.0 billion related to the credit risk of customers and investees actually arose due to increased allowances associated with repayment deferrals and impairment losses. - FY2021-Q1MaterialisedAnnual report
「In the Indonesian automotive finance business, a one-time loss of approximately ¥6 billion was incurred in the first quarter due to an increase in provisions related to payment deferrals and other measures accompanying the local government's introduction of emergency measures for COVID-19. From the second quarter onward, there is concern that credit costs may increase further and impairment losses may arise.」
One-off losses of approximately ¥6.0 billion related to credit risk actually arose due to an increase in allowances associated with repayment deferrals and other measures. - FY2020MitigatedAnnual report
「The balance of contingent liabilities under guarantees at the end of the fiscal year was ¥115.7 billion, with a longest maturity of 2045. Of this amount, ¥73.2 billion represented guarantees of liabilities of equity-method investees and ¥42.5 billion represented guarantees of third-party liabilities.」
The maximum future potential payment amount under guarantees decreased from ¥128.0 billion at the end of the previous fiscal year to ¥115.7 billion, and no material additional losses are expected. - FY2020-Q3Decrease in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥127.999 billion at the end of the previous fiscal year to ¥126.507 billion at the end of the third quarter. The Company expects no material additional losses to arise. - FY2020-Q2Decrease in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥127.999 billion at the end of the previous fiscal year to ¥127.093 billion at the end of the second quarter. The Company expects no material additional losses to arise. - FY2020-Q1Decrease in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees decreased from ¥127.999 billion at the end of the previous fiscal year to ¥125.948 billion at the end of the first quarter. The Company expects no material additional losses to arise. - FY2019Decrease in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees was ¥128.0 billion, down from ¥130.341 billion at the end of the previous fiscal year. This comprised ¥80.5 billion in guarantees for equity-method investees and ¥47.4 billion in guarantees for third parties, and no material additional losses are expected. - FY2019-Q3Slight Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees increased from ¥130.341 billion at the end of the previous fiscal year to ¥130.513 billion at the end of the third quarter. The Company expects no material additional losses to arise. - FY2019-Q2Increase in the Maximum Future Potential Payment Amount Under GuaranteesAnnual report
「The maximum future potential payment amounts, before discounting, under the principal guarantees are as follows.」
The total maximum future potential payment amount under guarantees increased from ¥130.341 billion at the end of the previous fiscal year to ¥136.472 billion at the end of the second quarter. Meanwhile, the Company expects no material additional losses to arise. - FY2018First statedAnnual report
「The Company extends credit to customers in the form of accounts receivable, advances, loans, guarantees and other arrangements, and is exposed to credit risk.」
The Company disclosed management measures including internal ratings, obtaining collateral and guarantees, diversification of counterparties and allowances for doubtful accounts, as well as the possibility of losses exceeding those allowances.