Concentration of credit exposure and sales operations in the Greater Tokyo and Kansai regions
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2019-Q3.
4 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks related to the concentration of lending and sales operations in the Tokyo metropolitan and Kansai regions. - FY2018RestatedAnnual report
「The Group's main operating bases are the Tokyo metropolitan region, principally Tokyo and Saitama prefectures, and the Kansai region, principally Osaka Prefecture, and these regions also account for a significant proportion of its credit portfolio.」
It continues to describe the concentration of sales and lending operations in the Tokyo metropolitan and Kansai regions, as well as the risk of loan losses and declines in collateral values if regional economies deteriorate. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks related to the concentration of lending and sales operations in the Tokyo metropolitan and Kansai regions. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks related to the concentration of lending and sales operations in the Tokyo metropolitan and Kansai regions. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no significant changes in matters relating to the business and accounting conditions described in this quarterly report that could materially affect investors' decisions, nor in the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the risks related to the concentration of lending and sales operations in the Tokyo metropolitan and Kansai regions. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risks related to the concentration of lending and sales operations in the Tokyo metropolitan and Kansai regions. - FY2016First statedAnnual report
「The Group's main operating bases are the Tokyo metropolitan region, principally Tokyo and Saitama prefectures, and the Kansai region, principally Osaka Prefecture, and these regions also account for a significant proportion of its credit portfolio.」
It identifies the risk of regional concentration, whereby economic deterioration in key operating regions could lead to loan losses and declines in collateral values.