Credit costs turn negative due to gains on reversals of the allowance for loan losses
First written in FY2023-Q3. 6 of 13 entries say "Mitigated", first in FY2025. Latest entry: 2026-09-30.
The whole theme swung hardest in 2024: 6 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Credit costs decreased by ¥4,960 million from the previous fiscal year to negative ¥1,221 million. Net credit costs decreased by ¥6,813 million from the previous fiscal year to negative ¥8,981 million.」
Credit costs improved from ¥3,739 million in the previous fiscal year to negative ¥1,221 million, while net credit costs improved from negative ¥2,168 million to negative ¥8,981 million. - 2026-05-14MitigatedEarnings
「Actual credit costs decreased by ¥6.813 billion year on year to negative ¥8.981 billion.」
The negative amount of actual credit costs increased from the previous fiscal year, resulting in negative credit costs. - FY2026-H1MitigatedAnnual report
「Credit costs decreased by ¥1,691 million year on year to ¥1,256 million, mainly due to a decrease in non-performing loan write-offs. Net credit costs decreased by ¥2,044 million year on year to negative ¥2,054 million.」
Credit costs decreased from ¥2,947 million in the previous corresponding period to ¥1,256 million, while the negative net credit costs widened. - FY2025MitigatedAnnual report
「Credit costs decreased by ¥509 million from the previous fiscal year to ¥3,739 million. Net credit costs decreased by ¥109 million from the previous fiscal year to negative ¥2,168 million.」
Credit costs decreased from ¥4,248 million in the previous fiscal year to ¥3,739 million, while net credit costs remained negative. - FY2025-H1WorsenedAnnual report
「Credit costs increased by ¥1,513 million year on year to ¥2,947 million, mainly due to an increase in non-performing loan write-offs.」
Credit costs increased from ¥1,434 million in the previous corresponding period to ¥2,947 million. Meanwhile, net credit costs were negative ¥10 million. - FY2024WorsenedAnnual report
「Non-performing loan write-offs increased by ¥2,844 million from the previous fiscal year to ¥8,796 million. Gains from reversals of allowances for loan losses increased by ¥500 million to ¥4,547 million. As a result, credit costs increased by ¥2,343 million to ¥4,248 million.」
Credit costs increased from ¥1,905 million in the previous fiscal year to ¥4,248 million. Meanwhile, net credit costs, reflecting gains on the collection of written-off claims, were negative ¥2,059 million. - FY2024-Q3WorsenedAnnual report
「Credit costs increased by ¥3,456 million year on year to ¥2,072 million, due to a ¥2,257 million increase in non-performing loan write-offs and a ¥1,200 million decrease in gains from reversals of allowances for loan losses. Net credit costs increased by ¥1,172 million year on year to negative ¥2,364 million, due to an increase in gains on the collection of written-off claims.」
Credit costs increased from negative in the previous corresponding period to ¥2,072 million. Net credit costs remained negative but increased from the previous corresponding period. The increase in non-performing loan write-offs and the decrease in gains from reversals of allowances for loan losses are indicated as factors. - FY2024-Q2WorsenedAnnual report
「Credit costs increased by ¥5,449 million year on year to ¥1,434 million, due to a ¥658 million increase in the amount of non-performing loan write-offs and a ¥4,792 million decrease in gains from reversals of allowances for loan losses. Net credit costs increased by ¥3,993 million year on year to negative ¥1,275 million, mainly due to the decrease in gains from reversals of allowances for loan losses.」
Credit costs increased from negative in the previous corresponding period to ¥1,434 million, while net credit costs remained negative but increased to negative ¥1,275 million. The decrease in gains from reversals of allowances for loan losses and the increase in non-performing loan write-offs are indicated as factors. - FY2024-Q1AdvancedAnnual report
「Credit costs decreased by ¥18 million year on year to ¥1,864 million. Net credit costs decreased by ¥699 million year on year to ¥629 million.」
Credit costs decreased year on year, and net credit costs also decreased to ¥629 million. - FY2023AdvancedAnnual report
「Credit costs decreased by ¥19,084 million from the previous fiscal year to ¥1,905 million. Net credit costs decreased by ¥17,210 million from the previous fiscal year to negative ¥1,178 million.」
Credit costs decreased, while net credit costs, reflecting gains on the collection of written-off claims, turned negative. - FY2023-Q3First statedAnnual report
「Credit costs decreased by ¥11,662 million year on year to negative ¥1,384 million. Net credit costs decreased by ¥10,150 million year on year to negative ¥3,536 million.」
Credit costs and net credit costs turned negative as allowances for loan losses and specific allowances for loan losses were released in excess of provisions, resulting in gains from reversals of allowances for loan losses.