Suruga Bank (8358) · InitiativeDropped
Providing liquidity for loans through receivables securitization
First written in FY2020-Q1. 1 of 3 entries say "Restated". Latest entry: FY2021.
3entries
3years
0from disclosures
How it moved
Same theme, other companies
貸出債権流動化による譲渡益計上と財務健全化A theme 2 companies write about · 0 as a headwind · 2 as a tailwind
0 other companies' latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2021DroppedAnnual report
「The balance of loans at the end of the fiscal year was ¥2.319560 trillion, down ¥183.278 billion from the end of the previous fiscal year. Personal loans (non-consolidated) decreased by ¥231.516 billion, while total loans decreased by ¥183.278 billion.」
The securitisation of receivables and conversion of ¥108 billion into liquid assets, previously cited as the main reason for the decline in loans, is not mentioned in this year's explanation of the decline in loans. - FY2020-Q2RestatedAnnual report
「Primarily because part of the receivables was securitised, converting ¥108 billion into liquid assets」
The disclosure reiterates that securitising part of its receivables and converting ¥108 billion into liquid assets was a major factor behind the decline in the loan balance. - FY2020-Q1First statedAnnual report
「Primarily because part of the receivables was securitised, converting ¥108 billion into liquid assets」
For the first time, the company states that securitising part of its receivables and converting ¥108 billion into liquid assets was a factor behind the decline in the loan balance.