Risk of refunds of excess interest and additional losses relating to gray-zone interest rates
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
グレーゾーン金利に係る過払金返還・追加損失リスクについて、新たな発生や重要な変更がないと記載している。 - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
グレーゾーン金利に係る過払金返還・追加損失リスクについて、新たな発生や重要な変更がないと記載している。 - FY2023-Q1First statedAnnual report
「Subsidiaries operating consumer-finance businesses recognize provisions after estimating future refunds of excess interest and related credit losses arising from so-called gray-zone interest rates, or excess interest and overpayments, incurred in the past. Although the Company believes this limits additional losses relating to refunds, additional expenses may arise if the provisions currently recognized are insufficient to cover future refund claims and related credit losses.」
Recognizes provisions for refunds and credit losses related to historical gray-zone interest rates, while noting the possibility of additional expenses if the provisions are insufficient.