Changes in regulations and expansion of interest refund claims
First written in FY2016. 6 of 9 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Provision for interest refund losses 11,794 8,986」
The balance of the provision for interest refund losses decreased from ¥11,794 million at the end of the previous fiscal year to ¥8,986 million. - FY2027-H1MitigatedAnnual report
「Provision for interest repayment losses ¥898.6 million ¥786.2 million」
The balance of the provision for interest repayment losses decreased from ¥898.6 million at the end of the previous fiscal year to ¥786.2 million. - FY2025MitigatedAnnual report
「Provision for interest refund losses 15,230 11,794」
The balance of the provision for interest refund losses decreased from ¥15,230 million at the end of the previous fiscal year to ¥11,794 million. - FY2025-H1MitigatedAnnual report
「Provision for interest refund losses 15,230 13,414」
The balance of the provision for interest refund losses decreased from ¥15,230 million at the end of the previous fiscal year to ¥13,414 million. - FY2024Provision recognized during the fiscal year and decline in the balanceAnnual report
「Provision for interest refund losses 18,091 15,230」
The balance of the provision for interest refund losses decreased from ¥18,091 million at the end of the previous fiscal year to ¥15,230 million, while ¥2,315 million was recorded as an addition to the provision during the fiscal year. - FY2024-Q3MitigatedAnnual report
「Provision for losses on interest refunds 18,091 14,048」
The balance of the provision for losses on interest refunds declined from ¥18.091 billion at the end of the previous consolidated fiscal year to ¥14.048 billion. - FY2023MitigatedAnnual report
「Provision for losses on interest refunds 24,066 18,091」
The balance of the provision for losses on interest refunds declined from ¥24.066 billion at the end of the previous fiscal year to ¥18.091 billion. Meanwhile, the possibility of future claims and the need for a provision continue to be disclosed. - FY2018RestatedAnnual report
「Our Group has recognized a provision for losses on interest refunds in preparation for such claims in the future. However, if such claims expand unexpectedly due to developments in legal regulations and other factors, this may affect our Group's performance.」
The disclosure continues to address the possibility of an increase in interest refund claims and the impact of changes in regulations on performance. - FY2016First statedAnnual report
「We may be asked to refund amounts corresponding to interest exceeding the statutory cap under the Interest Rate Restriction Act on the grounds of unjust enrichment. Our Group has recognized a provision for losses on interest refunds in preparation for such claims in the future. However, if such claims expand unexpectedly due to developments in legal regulations and other factors, this may affect our Group's performance.」
The company recognized ¥15.862 billion in provisions for losses on interest refunds during the fiscal year, quantifying the uncertainty of future claims.