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Asax (8772) · RiskWorsened

Exposure from Outstanding Debt Guarantees in the Guarantee Business

First written in FY2016. 29 of 36 entries say "Worsened", first in FY2017-Q1. Latest entry: FY2026.

36entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017-Q1 – FY2019WorsenedFY2021-Q2 – FY2024-Q1WorsenedFY2024 – FY20252016: 320162017: 320172018: 320182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Guarantee Claim and Default Risk in the Guarantee BusinessA theme 5 companies write about · 5 as a headwind · 1 as a tailwind

Asax moved to the "Worse" side of this theme in 2016.

1 other company's latest entry also says "Worsened".

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. FY2026WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥51,663,819 thousand Outstanding guarantees for borrowings by affiliated companies from financial institutions ¥776,000 thousand Total ¥52,439,819 thousand」

    Outstanding guarantees related to guarantee services increased from ¥48,953,746 thousand in the previous fiscal year to ¥51,663,819 thousand. In addition, guarantees of ¥776,000 thousand for borrowings by affiliated companies were added, bringing total contingent liabilities to ¥52,439,819 thousand.
  2. 2026-06-02WorsenedGeneral Meetings of Shareholders

    「Guarantees outstanding related to guarantee operations ¥51,663.819 million」

    Guarantees outstanding related to guarantee operations increased from ¥49,457.537 million at the end of September 2025, indicating an expansion in the scale of guarantee exposure.
  3. FY2026-H1RestatedAnnual report

    「Guarantee obligations related to guarantee operations 49,457,537 thousand yen」

    Outstanding guarantees related to guarantee services of ¥49,457,537 thousand were disclosed as contingent liabilities, reconfirming exposure associated with the guarantee business.
  4. FY2025WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 44,422,097 thousand yen 48,953,746 thousand yen」

    Outstanding guarantees increased from ¥44,422,097 thousand at the end of the previous fiscal year to ¥48,953,746 thousand, increasing exposure related to guarantee services.
  5. FY2025-H1WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 44,422,097 thousand yen 47,026,138 thousand yen」

    Outstanding guarantees increased from ¥44,422,097 thousand at the end of the previous fiscal year to ¥47,026,138 thousand, increasing exposure related to guarantee services.
  6. FY2024WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 44,345,819 thousand yen 44,422,097 thousand yen」

    Outstanding guarantees increased by ¥77,278 thousand from ¥44,345,819 thousand at the end of the previous fiscal year to ¥44,422,097 thousand, slightly increasing exposure related to guarantee services.
  7. FY2024-Q3MitigatedAnnual report

    「Guarantee obligations related to guarantee operations 44,345,819 thousand yen 43,798,099 thousand yen」

    Outstanding guarantees decreased from ¥44,345,819 thousand at the end of the previous fiscal year to ¥43,798,099 thousand, reducing exposure related to guarantee services.
  8. FY2024-Q2MitigatedAnnual report

    「Guarantee obligations related to guarantee operations 44,345,819 thousand yen 43,485,314 thousand yen」

    Outstanding guarantees decreased from ¥44,345,819 thousand at the end of the previous fiscal year to ¥43,485,314 thousand, reducing exposure related to guarantee services.
  9. FY2024-Q1WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 44,345,819 thousand yen 44,523,950 thousand yen」

    Outstanding guarantees increased from ¥44,345,819 thousand at the end of the previous fiscal year to ¥44,523,950 thousand, increasing exposure related to guarantee services.
  10. FY2023WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 39,337,413 thousand yen 44,345,819 thousand yen」

    Outstanding guarantees increased from ¥39,337,413 thousand at the end of the previous fiscal year to ¥44,345,819 thousand, increasing exposure related to guarantee services.
  11. FY2023-Q3WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 39,337,413 thousand yen 42,562,235 thousand yen」

    Outstanding guarantees increased from ¥39,337,413 thousand at the end of the previous fiscal year to ¥42,562,235 thousand, increasing exposure related to guarantee services.
  12. FY2023-Q2WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 39,337,413 thousand yen 42,321,396 thousand yen」

    Outstanding guarantees increased from ¥39,337,413 thousand at the end of the previous fiscal year to ¥42,321,396 thousand, increasing exposure related to guarantee services.
  13. FY2023-Q1WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 39,337,413 thousand yen 40,787,379 thousand yen」

    Outstanding guarantees increased from ¥39,337,413 thousand at the end of the previous fiscal year to ¥40,787,379 thousand, increasing exposure related to guarantee services.
  14. FY2022WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥23,662,670 thousand ¥39,337,413 thousand」

    Outstanding guarantees increased from ¥23,662,670 thousand at the end of the previous fiscal year to ¥39,337,413 thousand, increasing exposure related to guarantee services.
  15. FY2022-Q3WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 23,662,670 thousand yen 36,849,542 thousand yen」

    Outstanding guarantees increased from ¥23,662,670 thousand at the end of the previous fiscal year to ¥36,849,542 thousand, increasing exposure related to guarantee services.
  16. FY2022-Q2WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 23,662,670 thousand yen 34,028,341 thousand yen」

    Outstanding guarantees increased from ¥23,662,670 thousand at the end of the previous fiscal year to ¥34,028,341 thousand, increasing exposure related to guarantee services.
  17. FY2022-Q1WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 23,662,670 thousand yen 27,990,371 thousand yen」

    Outstanding guarantees increased from ¥23,662,670 thousand at the end of the previous fiscal year to ¥27,990,371 thousand, increasing exposure related to guarantee services.
  18. FY2021WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥19,510,758 thousand ¥23,662,670 thousand」

    Outstanding guarantees increased from ¥19,510,758 thousand at the end of the previous fiscal year to ¥23,662,670 thousand, increasing exposure related to guarantee services.
  19. FY2021-Q3WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 19,510,758 thousand yen 20,120,084 thousand yen」

    Outstanding guarantees increased from ¥19,510,758 thousand at the end of the previous fiscal year to ¥20,120,084 thousand, increasing exposure related to guarantee services.
  20. FY2021-Q2WorsenedAnnual report

    「Guarantee obligations related to guarantee operations 19,510,758 thousand yen 19,614,884 thousand yen」

    Outstanding guarantees increased from ¥19,510,758 thousand at the end of the previous fiscal year to ¥19,614,884 thousand, increasing exposure related to guarantee services.
  21. FY2021-Q1MitigatedAnnual report

    「Guarantee obligations related to guarantee operations 19,510,758 thousand yen 19,430,860 thousand yen」

    Outstanding guarantees decreased from ¥19,510,758 thousand at the end of the previous fiscal year to ¥19,430,860 thousand, reducing exposure related to guarantee services.
  22. FY2020WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥18,990,916 thousand ¥19,510,758 thousand」

    Outstanding guarantees increased from ¥18,990,916 thousand at the end of the previous fiscal year to ¥19,510,758 thousand, increasing exposure related to guarantee services.
  23. FY2020-Q3WorsenedAnnual report

    「Guarantees outstanding related to guarantee operations 18,990,916 thousand yen 19,634,756 thousand yen」

    Outstanding guarantees increased from ¥18,990,916 thousand at the end of the previous fiscal year to ¥19,634,756 thousand, increasing exposure related to guarantee services.
  24. FY2020-Q2MitigatedAnnual report

    「Guarantees outstanding related to guarantee operations 18,990,916 thousand yen 18,465,923 thousand yen」

    Outstanding guarantees decreased by 525, -? thousand yen from ¥18,990,916 thousand at the end of the previous fiscal year to ¥18,465,923 thousand, reducing exposure related to guarantee services.
  25. FY2020-Q1MitigatedAnnual report

    「Guarantees outstanding related to guarantee operations 18,990,916 thousand yen 18,035,680 thousand yen」

    Outstanding guarantees decreased by ¥955,236 thousand from ¥18,990,916 thousand at the end of the previous fiscal year to ¥18,035,680 thousand, reducing exposure related to guarantee services.
  26. FY2019WorsenedAnnual report

    「Guarantees outstanding related to guarantee operations 14,387,558 thousand yen 18,990,916 thousand yen」

    Outstanding guarantees increased by approximately 32.0% from ¥14,387,558 thousand at the end of the previous fiscal year to ¥18,990,916 thousand, increasing exposure related to guarantee services.
  27. FY2019-Q3WorsenedAnnual report

    「Guarantees outstanding related to guarantee operations 14,387,558 thousand yen 17,518,537 thousand yen」

    Outstanding guarantees increased by approximately 21.8% from ¥14,387,558 thousand at the end of the previous fiscal year to ¥17,518,537 thousand, increasing exposure related to guarantee services.
  28. FY2019-Q2WorsenedAnnual report

    「Guarantees outstanding related to guarantee operations 14,387,558 thousand yen 16,516,519 thousand yen」

    Outstanding guarantees increased by approximately 14.8% from ¥14,387,558 thousand at the end of the previous fiscal year to ¥16,516,519 thousand, increasing exposure related to guarantee services.
  29. FY2019-Q1WorsenedAnnual report

    「Guarantees outstanding related to guarantee operations 14,387,558 thousand yen 15,493,646 thousand yen」

    Outstanding guarantees increased by ¥1,106,088 thousand, or approximately 7.7%, from ¥14,387,558 thousand at the end of the previous fiscal year to ¥15,493,646 thousand, increasing exposure related to guarantee services.
  30. FY2018-Q3WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥10,892,996 thousand ¥12,684,945 thousand」

    Outstanding guarantees increased by ¥1,791,949 thousand, or approximately 16.5%, from ¥10,892,996 thousand at the end of the previous fiscal year to ¥12,684,945 thousand, increasing exposure related to guarantee services.
  31. FY2018-Q2WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥10,892,996 thousand ¥12,822,761 thousand」

    Outstanding guarantees increased by ¥1,929,765 thousand, or approximately 17.7%, from ¥10,892,996 thousand at the end of the previous fiscal year to ¥12,822,761 thousand, increasing exposure related to guarantee services.
  32. FY2018-Q1WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥10,892,996 thousand ¥12,007,430 thousand」

    Outstanding guarantees increased by ¥1,114,434 thousand, or approximately 10.2%, from ¥10,892,996 thousand at the end of the previous fiscal year to ¥12,007,430 thousand, increasing exposure related to guarantee services.
  33. FY2017-Q3WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥8,949,319 thousand ¥10,400,191 thousand」

    Outstanding guarantees increased by ¥1,450,872 thousand, or approximately 16.2%, from the end of the previous fiscal year, with exposure related to guarantee services remaining at a high level.
  34. FY2017-Q2WorsenedAnnual report

    「Outstanding guarantees related to guarantee services ¥8,949,319 thousand ¥10,396,309 thousand」

    Outstanding guarantees increased by ¥1,446,990 thousand, or approximately 16.2%, from ¥8,949,319 thousand at the end of the previous fiscal year to ¥10,396,309 thousand, further increasing exposure related to guarantee services.
  35. FY2017-Q1WorsenedAnnual report

    「Outstanding guarantees related to guarantee services: ¥9,928,765 thousand」

    Outstanding guarantees increased by ¥979,446 thousand, or approximately 10.9%, from ¥8,949,319 thousand at the end of the previous fiscal year to ¥9,928,765 thousand, increasing exposure related to guarantee services.
  36. FY2016First statedAnnual report

    「Outstanding guarantees related to guarantee services: ¥8,949,319 thousand」

    The outstanding guarantees related to the guarantee business are disclosed as a numerical figure.
Moved together

"Downside risks to economic conditions stemming from the slowdown in emerging-market economies and the UK's EU withdrawal issue" moved the same way as this thread, in the same document, in 13 of its 36 moves.

131311764★123456
  1. ★This thread
  2. 1Downside risks to economic conditions stemming from the slowdown in emerging-market economies and the UK's EU withdrawal issue13×
  3. 2Year-on-year increases in operating revenue and profit13×
  4. 3Loan loss risk arising from changes in collateral values and customers’ repayment capacity11×
  5. 4Risk of Real Estate Market Deterioration and Declining Collateral Values7×
  6. 5Increase in other operating revenue driven by fee income and cancellation penalties6×
  7. 6Increase in funding costs due to higher funding rates4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Asax's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-02: "Worsened".
News
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Exposure from Outstanding Debt Guarantees in the Guarantee Business | ASAX CO.,LTD. (8772) | Komori