Lower Revenue and Earnings in the Credit Guarantee Business Due to Lower Reversal of the Allowance for Loan Losses and Other Factors
First written in FY2024-Q1. 1 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 3 of 20 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026-H1Credit guarantee revenue and earnings declinedAnnual report
「In the credit guarantee business, ordinary income decreased by ¥27 million year on year to ¥950 million, while segment profit decreased by ¥23 million to ¥703 million.」
Both ordinary income and segment profit in the credit guarantee business declined year on year. - FY2025-H1Credit guarantee revenue and earnings declinedAnnual report
「In the credit guarantee business, ordinary income decreased by ¥18 million year on year to ¥978 million because interest and dividends on securities declined. Segment profit decreased by ¥41 million to ¥727 million because credit costs increased.」
Lower interest and dividends on securities and higher credit costs resulted in lower revenue and earnings in the credit guarantee business. - FY2024Full-year revenue growth but profit declineAnnual report
「Ordinary income in the credit guarantee business increased by ¥9 million from the previous fiscal year to ¥1,826 million because sales increased. Segment profit decreased by ¥41 million to ¥1,604 million because credit-related expenses and other costs increased.」
The credit guarantee business reported full-year revenue growth, while segment profit declined from ¥1,645 million to ¥1,604 million because credit-related expenses and other costs increased. - FY2024-Q3RestatedAnnual report
「In the credit guarantee business, ordinary income increased by ¥30 million year on year to ¥1,465 million because interest and dividends on securities increased. Segment profit decreased by ¥13 million to ¥1,228 million because ordinary expenses increased.」
The credit guarantee business reported higher revenue because interest and dividends on securities increased, but segment profit declined by ¥13 million because ordinary expenses increased. - FY2024-Q2Credit guarantee revenue increased but earnings declinedAnnual report
「In the credit guarantee business, ordinary income increased by ¥22 million year on year to ¥996 million because interest and dividends on securities increased. Segment profit decreased by ¥130 million to ¥768 million because ordinary expenses increased.」
The credit guarantee business reported higher revenue because interest and dividends on securities increased, but segment profit declined by ¥130 million because ordinary expenses increased. - FY2024-Q1First statedAnnual report
「In the credit guarantee business, ordinary income decreased by ¥36 million year on year to ¥610 million because reversal gains on the allowance for loan losses declined. Segment profit decreased by ¥104 million to ¥505 million because ordinary income declined and credit-related expenses increased.」
Lower reversal gains on the allowance for loan losses and higher credit-related expenses resulted in lower revenue and earnings in the credit guarantee business.