Concentration in Real Estate and Real Estate Non-Recourse Loans
First written in FY2019. 6 of 11 entries say "Mitigated", first in FY2025-H1. Latest entry: 2026-11-11.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The workout phase for loans to US office properties is complete. The remaining cases involving borrowers at risk of bankruptcy have moved to ordinary risk management, and balances continue to be reduced.」
The Bank completed workouts for loans to US office properties and moved the remaining cases involving borrowers at risk of bankruptcy to ordinary management. The ratio of non-recourse real estate loans to total lending also declined to approximately 15%. - 2026-05-14MitigatedFinancial results presentationSuggests it is closing out
「米国オフィス向けローンのワークアウトフェーズは完了。残る破綻懸念先案件は通常のリスク管理に移⾏し、引き続き残⾼を圧縮」
米国オフィス向けローンのワークアウトフェーズ完了と、通常のリスク管理への移行を示した。残高削減は継続としている。 - FY2026-H1RestatedAnnual report
「For overseas non-recourse real estate loans, market liquidity has declined mainly due to worsening conditions in the US real estate market. In the US office market in particular, the Bank assumes, based on market trends, that market conditions will stabilise during fiscal 2025.」
The Bank has continued to record loan-loss provisions in addition to the amount calculated using expected loss rates, based on the assumptions that liquidity in the US office market has declined and that market conditions will stabilise during fiscal 2025. - FY2025MitigatedAnnual report
「Lending by the Bank Group to the real estate sector in Japan and overseas (excluding non-recourse real estate loans) accounted for approximately 8% of total lending as of the end of March 2025. Non-recourse real estate loans accounted for approximately 18% of total lending as of the end of March 2025.」
Lending to the real estate sector accounted for approximately 8% and non-recourse real estate loans approximately 18%, down from the previously disclosed ratios of approximately 9% and 22%. The Bank continues to contain losses through workouts and provisions. - FY2025-H1MitigatedAnnual report
「During the first half, workout progress resulted in the resolution of 5 cases, and the balance decreased by US$186 million from the end of March. The number of borrowers at risk of bankruptcy decreased by 4, and additional provisions were limited.」
For non-recourse loans to US office properties, 5 cases were resolved through workouts, and the balance decreased by US$186 million from the end of March. The number of borrowers at risk of bankruptcy also decreased by 4, and the disclosure states that additional provisions were limited. - FY2024-Q3WorsenedAnnual report
「For overseas non-recourse real estate loans, market liquidity has declined mainly due to worsening conditions in the US real estate market, and the Bank assumes that it will take approximately 1–2 years for market conditions in the US office market in particular to stabilise.」
Based on the assumption that liquidity in the US real estate market, particularly the office market, has declined and that stabilisation may take 1–2 years, the Bank recorded an additional ¥32.4 billion in provisions for loans to US office properties. - FY2024-Q2WorsenedAnnual report
「For overseas non-recourse real estate loans, the Bank estimates expected losses using the cash flow estimation method and other methods for all borrowers and other parties requiring careful management, based on the assumption that sluggish real estate prices, mainly due to worsening conditions in the US real estate market, may continue for the time being, and records loan-loss provisions in addition to the amount calculated using expected loss rates. This assumption is highly uncertain, and the amount of future losses may increase or decrease depending on conditions.」
Assuming that conditions in the US real estate market will deteriorate and that sluggish real estate prices will continue, the Bank has recorded loan-loss provisions for overseas non-recourse real estate loans in addition to the amount calculated using expected loss rates. - FY2021RestatedAnnual report
「Lending by the Bank to the real estate sector in Japan and overseas (excluding non-recourse real estate loans) accounted for approximately 9% of non-consolidated total lending as of the end of March 2021. Non-recourse real estate loans accounted for approximately 22% of total lending as of the end of March 2021.」
The Bank continues to disclose concentrations of approximately 9% in lending to the real estate sector and approximately 22% in non-recourse real estate loans, while monitoring rents, vacancy rates and land prices. - FY2019First statedAnnual report
「Lending by the Bank to the real estate sector in Japan and overseas (excluding non-recourse real estate loans) accounted for approximately 9% of total lending on a non-consolidated basis as of the end of March 2019. Non-recourse real estate loans accounted for approximately 22% of total lending on a non-consolidated basis as of the end of March 2019.」
The disclosure states that lending to the real estate sector accounted for approximately 9% and non-recourse real estate loans approximately 22%, and describes credit and collateral-value risks if real estate market conditions deteriorate.