Risk of a reduction in the maximum lending rate
First written in FY2016. 28 of 30 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「The Company already lends at rates below the current cap and believes that this has not had any material impact on its operating performance. However, if the cap on lending rates is reduced further, this may affect the Company's financial condition and operating results.」
The Company states that it lends at rates below the current cap, while continuing to identify further reductions in the cap as a risk. - FY2024RestatedAnnual report
「The Company already lends at rates below the current cap and believes that this has not had any material impact on its operating performance. However, if the cap on lending rates is reduced further, this may affect the Company's financial condition and operating results.」
The Company states that it lends at rates below the current cap, while continuing to identify further reductions in the cap as a risk. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2023RestatedAnnual report
「The Company already lends at rates below the current cap and believes that this has not had any material impact on its operating performance. However, if the cap on lending rates is reduced further, this may affect the Company's financial condition and operating results.」
The Company states that it lends at rates below the current cap, while continuing to identify further reductions as a risk. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2022RestatedAnnual report
「The Company already lends at rates below the current cap and believes that this has not had any material impact on its operating performance. However, if the cap on lending rates is reduced further, this may affect the Company's financial condition and operating results.」
The Company lends at rates below the current cap and states that there has been no material impact on operating performance to date, while continuing to identify further reductions in the cap as a risk. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2021RestatedAnnual report
「The Company already lends at rates below the current cap and believes that this has not had any material impact on its operating performance. However, if the cap on lending rates is reduced further, this may affect the Company's financial condition and operating results.」
The Company lends at rates below the current cap and states that there has been no material impact on operating performance to date, while continuing to identify further reductions as a risk. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2020-Q2RestatedAnnual report
「The decrease of ¥201.725 million, or 8.4%, from the same quarter of the previous year was primarily due to a decline in the average lending rate resulting from the reduction in the cap on lending rates from the current fiscal year.」
The Company reconfirms that the decline in the average lending rate resulting from the reduction in the cap on lending rates contributed to a decrease in interest income on operating loans. - FY2020-Q1MaterialisedAnnual report
「The decrease of ¥131.156 million, or 10.8%, from the same quarter of the previous year was primarily due to a decline in the average lending rate resulting from the reduction in the cap on lending rates from the current fiscal year.」
The cap on lending rates was reduced, which contributed to a decline in interest income on operating loans through a lower average lending rate. - FY2019RestatedAnnual report
「As of the end of the fiscal year, the annual interest-rate cap was 20% under the Investment Law and 15% under the Interest Rate Restriction Act (15% to 20% per year depending on the principal amount of the loan). Because the principal amount of the Company's loans exceeds ¥1 million, the cap applicable under the Interest Rate Restriction Act is 15% per year or less.」
The Company continues to disclose the interest-rate caps and the possibility that further reductions may affect operating performance. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company considers that there have been no material changes in the risk of a reduction in the cap on lending rates. - FY2016First statedAnnual report
「As of the end of the fiscal year, the annual interest-rate cap was 20% under the Investment Law and 15% under the Interest Rate Restriction Act (15% to 20% per year depending on the principal amount of the loan). Because the principal amount of the Company's loans exceeds ¥1 million, the cap applicable under the Interest Rate Restriction Act is 15% per year or less.」
The disclosure gives the current interest-rate caps and states that further reductions may affect operating performance.