Document Falsification and Double-Contract Issues in Share House-Related Lending
First written in FY2018. 13 of 29 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「Allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥4,616 million (¥7,274 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥7.274 billion in the previous fiscal year to ¥4.616 billion. - 2026-05-25MitigatedGeneral Meetings of Shareholders
「In the civil mediation with the SI Victims' Lawyers Group, all parties accepted the mediation recommendation, and the mediation was concluded on 17 March 2026.」
The company stated that civil mediation with the SI Victims' Lawyers Group concerning issues including share-house-related lending had been concluded. It continues to present its policy for addressing individual settlements and other matters. - FY2026-H1MitigatedAnnual report
「Notwithstanding the above, allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥5,928 million (¥7,274 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥7.274 billion at the end of March 2025 to ¥5.928 billion. - FY2025MitigatedAnnual report
「Notwithstanding the above, allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥7,274 million (¥11,213 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥11.213 billion at the end of the previous fiscal year to ¥7.274 billion. - FY2025-H1MitigatedAnnual report
「Notwithstanding the above, allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥8,504 million (¥11,213 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥11.213 billion at the end of March 2024 to ¥8.504 billion. - FY2024MitigatedAnnual report
「Notwithstanding the above, allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥11,213 million (¥13,734 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥13.734 billion at the end of the previous fiscal year to ¥11.213 billion. - FY2024-Q3RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2024-Q2MitigatedAnnual report
「Notwithstanding the above, allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥11,967 million (¥13,734 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥13.734 billion at the end of the previous fiscal year to ¥11.967 billion. - FY2024-Q1RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2023MitigatedAnnual report
「The bulk-transfer process ended with the transfer to a third party in September 2022 of ¥16.8 billion in share-house-related loan receivables. However, the Share-House and Other Customer Support Office will continue to provide customer-focused support, including ordinary repayment assistance and consultations tailored to each customer's individual circumstances.」
While it was stated that the bulk-transfer process ended with the ¥16.8 billion transfer in September 2022, repayment assistance and consultation services for individual customers have continued. The related allowance also decreased from ¥25.827 billion to ¥13.734 billion. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This reiterates that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2022MitigatedAnnual report
「Regarding the share-house-related loan issue, which is one of our key challenges, we completed the third bulk transfer of share-house-related loan receivables on 25 March 2022 based on a mediation recommendation from the mediation committee of the Tokyo District Court, with a view to achieving a final resolution.」
In March 2022, we completed the third bulk transfer of share-house-related loan receivables. The allowance for loan losses related to share-house-related loans also decreased from ¥76.820 billion in the previous fiscal year to ¥25.827 billion. - FY2022-Q2MitigatedAnnual report
「Notwithstanding the above, allowances for loan losses have been recorded for certain investment real estate-related loans as follows. The amount was ¥67,800 million (¥76,820 million in the previous consolidated fiscal year).」
The allowance for loan losses on certain investment real estate-related loans, including share-house-related loans, decreased from ¥76.820 billion at the end of the previous fiscal year to ¥67.8 billion. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2021MitigatedAnnual report
「In March 2020 and March 2021, we transferred the share-house-related loan receivables to a third party based on recommendations from the mediation committee of the Tokyo District Court, seeking an early resolution of the issue.」
In March 2021, we completed the second bulk transfer of share-house-related loan receivables. The allowance for loan losses on the related loans decreased from ¥102.764 billion at the end of the previous fiscal year to ¥76.820 billion. - FY2021-Q3RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This reiterates that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2021-Q2WorsenedAnnual report
「Notwithstanding the above, a provision for loan losses has been recorded for certain investment property loans, amounting to ¥106.757 billion (¥102.764 billion in the previous consolidated fiscal year).」
The provision for loan losses on certain investment property loans, including sharehouse-related loans, increased from ¥102.764 billion at the end of the previous fiscal year to ¥106.757 billion. - FY2021-Q1RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2020MitigatedAnnual report
「In March 2020, the Company transferred its sharehouse-related loan receivables to a third party based on a recommendation by the mediation committee of the Tokyo District Court, with the aim of resolving the issue promptly.」
The Company took concrete steps toward an early resolution of the issue by transferring its sharehouse-related loan receivables to a third party. The provision for loan losses on sharehouse-related loans and other loans also decreased from ¥139.548 billion at the end of the previous fiscal year to ¥102.764 billion. - FY2020-Q3MitigatedAnnual report
「Provision for loan losses ¥128.558 billion ¥7.388 billion」
For credit costs related to sharehouse-related loans and other loans, the provision for loan losses decreased from ¥128.558 billion in the same period of the previous year to ¥7.388 billion. - FY2020-Q2RestatedAnnual report
「Notwithstanding the above, a provision for loan losses has been recorded for certain investment property loans, amounting to ¥135.340 billion (¥139.548 billion in the previous consolidated fiscal year).」
The Company continues to disclose the provision for loan losses on sharehouse-related loans and other loans, as well as the cash flow estimation method using the amount repayable based on information from meetings with debtors and other sources. The provision decreased from ¥139.548 billion at the end of the previous fiscal year to ¥135.340 billion. - FY2020-Q1RestatedAnnual report
「There have been no material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
This states that there has been no material change in the risk relating to the document falsification and duplicate-contract issues in sharehouse-related lending. - FY2019WorsenedAnnual report
「As stated below, a provision for loan losses has been recorded for certain investment property loans, amounting to ¥139.548 billion (¥56.736 billion in the previous consolidated fiscal year).」
The provision for loan losses on certain investment property loans, including sharehouse-related loans, increased from ¥56.736 billion at the end of the previous fiscal year to ¥139.548 billion. - FY2019-Q3WorsenedAnnual report
「Provision for loan losses ¥2.282 billion ¥128.558 billion」
Against the backdrop of higher credit costs related to sharehouse-related loans and other loans, the provision for loan losses increased from ¥2.282 billion in the same period of the previous year to ¥128.558 billion. - FY2019-Q2WorsenedAnnual report
「As stated below, a provision for loan losses has been recorded for certain investment property loans, amounting to ¥138.602 billion (¥56.736 billion in the previous consolidated fiscal year).」
The provision for loan losses on certain investment property loans, including sharehouse-related loans, increased from ¥56.736 billion in the previous fiscal year to ¥138.602 billion. - FY2019-Q1RestatedAnnual report
「Accordingly, to fulfill its accountability regarding sharehouse-related loans and other investment property loans, the Company established a third-party committee composed solely of neutral and impartial experts completely independent of the Company, and its investigation remains ongoing. If the third-party committee's investigation uncovers new facts, they may affect the Company's future performance.」
The third-party committee's investigation into the document falsification, alteration and duplicate-contract issues remains ongoing, and the Company continues to disclose the potential impact on future performance if new facts are uncovered. - FY2018MaterialisedAnnual report
「It has been found that documents used to verify customers' equity contributions and other materials were falsified or altered when loans were obtained, and that, to obtain larger loans, sales contracts showing inflated purchase prices were prepared for submission to the bank separately from the actual sales contracts (duplicate contracts).」
An investigation by the Crisis Management Committee into the sharehouse-related lending problem that arose in January 2018 found document falsification, alteration and duplicate contracts. A provision for loan losses of ¥56.736 billion was recorded for the related loans.