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The Kosei Securities (8617) · RiskRestated

Bad Debt Risk Relating to Counterparties, Margin Trading, and Other Transactions

First written in FY2016. 29 of 30 entries say "Restated". Latest entry: FY2026.

30entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20262016: 120162017: 220172018: 420182019: 420192020: 420202021: 420212022: 420222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies
FX Fluctuations and Customer Margin Credit Risk in the Financial BusinessA theme 11 companies write about · 12 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.

5 other companies' latest entry also says "Restated".

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
  1. FY2026RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    The explanation of bad-debt risk associated with concerns about creditworthiness, sharp declines in share prices and defaults continues.
  2. FY2025RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    Bad-debt risk associated with concerns about the creditworthiness of counterparties, sharp declines in share prices and defaults continues to be described.
  3. FY2025-H1RestatedAnnual report

    「No new risks arose during the interim accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  4. FY2024-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  5. FY2024-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  6. FY2024-Q1RestatedAnnual report

    「No new risks arose during the three months ended the first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  7. FY2023-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  8. FY2023-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  9. FY2023-Q1RestatedAnnual report

    「No new risks arose during the three months ended the first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  10. FY2022RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    Bad-debt risk associated with concerns about the creditworthiness of counterparties, sharp declines in share prices and defaults continues to be described.
  11. FY2022-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  12. FY2022-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  13. FY2022-Q1RestatedAnnual report

    「No new risks arose during the three months ended the first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  14. FY2021RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    The explanation of bad-debt risk associated with concerns about creditworthiness, sharp declines in share prices and defaults continues. No newly arising event is indicated.
  15. FY2021-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  16. FY2021-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  17. FY2021-Q1RestatedAnnual report

    「No new risks arose during the three months ended the first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  18. FY2020RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    The explanation of bad-debt risk associated with concerns about creditworthiness, sharp declines in share prices and defaults continues.
  19. FY2020-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  20. FY2020-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  21. FY2020-Q1RestatedAnnual report

    「No new risks arose during the three months ended the first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  22. FY2019RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition.」

    Bad-debt risk associated with concerns about the creditworthiness of counterparties, sharp declines in share prices and defaults continues to be described. No newly arising event is indicated.
  23. FY2019-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  24. FY2019-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  25. FY2019-Q1RestatedAnnual report

    「No new risks arose during the three months ended the first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  26. FY2018RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    The explanation of bad-debt risk associated with concerns about creditworthiness, sharp declines in share prices and defaults continues. No newly arising event or material change is described.
  27. FY2018-Q3RestatedAnnual report

    「No new risks arose during the nine months ended the third quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  28. FY2018-Q2RestatedAnnual report

    「No new risks arose during the six months ended the second quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there were no new occurrences or material changes relating to bad-debt risk involving counterparties, margin transactions and other activities.
  29. FY2017RestatedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition. Transactions that may entail bad-debt risk include margin transactions, futures transactions and options transactions.」

    Bad-debt risk arising from concerns about creditworthiness, sharp declines in share prices and defaults continues to be described. No newly arising event is indicated.
  30. FY2016First statedAnnual report

    「If concerns about the creditworthiness of our counterparties, a sharp decline in share prices or a default require additional losses or provisions to be recognized, this could adversely affect our operating results and financial condition.」

    Credit and bad-debt risks associated with margin transactions, futures transactions, options transactions and other activities are described.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
The Kosei Securities's next results are scheduled for 2026-10-22. Read the earnings preview
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Bad Debt Risk Relating to Counterparties, Margin Trading, and Other Transactions | The Kosei Securities Co.,Ltd. (8617) | Komori