Application of the Accounting Standard for Disclosure of Accounting Estimates
First written in FY2021. 1 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026Annual update to the allowance for loan losses balanceAnnual report
「Allowance for loan losses ¥5,264 million ¥4,979 million」
The allowance for loan losses disclosed as a significant accounting estimate declined from ¥5,264 million at the end of the previous fiscal year to ¥4,979 million. The key assumption remains borrowers’ future performance outlook, and borrowers affected by surging resource prices and other factors are assessed individually. - FY2026-H1Interim-period update to the allowance for loan losses balanceAnnual report
「Allowance for loan losses △ 5,264 △ 4,787」
The allowance for loan losses balance declined from ¥5,264 million at the end of the previous fiscal year to ¥4,787 million. - FY2025Update to the allowance for loan losses estimate and assumptionsAnnual report
「Allowance for loan losses (1) Amount recognized in the consolidated financial statements for the current consolidated fiscal year Previous consolidated fiscal year ¥5,046 million Current consolidated fiscal year ¥5,264 million The key assumption is “the future performance outlook of borrowers in determining borrower classifications.”」
The allowance for loan losses increased from ¥5,046 million to ¥5,264 million. For the key assumptions, disclosed individual assessments of borrowers’ ability to generate earnings based on management improvement plans and other factors, as well as assessments of the impact of surging resource prices and other factors. - FY2023ReframedAnnual report
「The key assumption is “the future performance outlook of borrowers in determining borrower classifications.” With respect to “the future performance outlook of borrowers in determining borrower classifications,” borrowers potentially affected by COVID-19, surging resource prices and other factors are assessed individually for the possibility of a decline in repayment capacity, and their borrower classifications are determined accordingly.」
Reorganized the key assumptions for the allowance for loan losses from a general explanation including the impact of COVID-19 to an individual assessment focused on borrowers’ future performance outlook. Also explicitly disclosed the impact of surging resource prices. - FY2023-Q3RestatedAnnual report
「There have been no material changes in the assumptions, including the economic impact of the spread of COVID-19, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
Reconfirmed that there have been no significant changes since the end of the previous consolidated fiscal year in the assumptions underlying accounting estimates, including the allowance for loan losses and the economic impact of COVID-19. - FY2022Specifying the allowance for loan losses estimate and key assumptionsAnnual report
「The key assumptions are “the future performance outlook of borrowers in determining borrower classifications” and “the impact on the economy of the spread of COVID-19.”」
Recognized an allowance for loan losses of ¥4,771 million as a significant accounting estimate and disclosed the borrowers’ future performance outlook and the economic impact of COVID-19 as key assumptions. - FY2021First statedAnnual report
「We have applied the Accounting Standard for Disclosure of Accounting Estimates (Accounting Standards Board of Japan Statement No. 31, 31 March 2020) from the current consolidated fiscal year and have included “Significant Accounting Estimates” in the consolidated financial statements.」
Applied a new disclosure policy under which the allowance for loan losses is treated as a significant accounting estimate, with disclosure of key assumptions and the impact of COVID-19.