Komori
Asax (8772) · TargetAdvancedLatest Earnings (2026-05-13): "Restated"

Building adjacent businesses by leveraging expertise in real estate-secured loans

First written in FY2016. 17 of 24 entries say "Restated". Latest entry: 2026-05-13.

24entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2023-Q32016: 120162017: 020172018: 020182019: 120192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 1
Same theme, other companies
Expansion into adjacent businesses leveraging expertise in real estate-secured loansA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-05-13RestatedEarnings

    「In the credit guarantee business, the balance has remained firm and a certain level of results is expected in the next fiscal year. However, the business is not expected to have a significant impact on consolidated results.」

    The Company has explained that adjacent businesses other than the real estate-backed loan business are expected to continue, but will have a limited impact on consolidated results.
  2. FY2026-H1AdvancedAnnual report

    「From the interim consolidated accounting period, ASAX America, Inc. has been included in the scope of consolidation because its significance has increased.」

    ASAX America, Inc., the company’s vehicle for developing its adjacent business in the United States, progressed to the stage of becoming a consolidated subsidiary following an increase in its significance.
  3. FY2025AdvancedAnnual report

    「This was mainly due to a 138,552 thousand yen decrease in held-to-maturity bonds included in other investments and other assets as a result of redemptions and other factors, offset by an increase of 1,799,520 thousand yen (89.4%) in shares of affiliated companies resulting from a capital increase by an overseas subsidiary, as well as an increase of 102,795 thousand yen in software under development due to system investments.」

    An additional capital increase of 1,799,520 thousand yen was made in the U.S. subsidiary, advancing the development of the earnings-base diversification initiative through adjacent businesses.
  4. FY2025-H1RestatedAnnual report

    「During the interim accounting period, there were no material changes to the business and financial issues that we should address as priorities.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  5. FY2024AdvancedAnnual report

    「The company was established as our wholly owned subsidiary on 31 May 2023, and we subscribed to a capital increase during the fiscal year.」

    To diversify the earnings base through adjacent businesses, the company established its U.S. subsidiary ASAX America, Inc. and made investments and subscribed to capital increases totaling 2,001,877 thousand yen during the fiscal year.
  6. FY2024-Q3AdvancedAnnual report

    「This was mainly due to an increase of 1,165,452 thousand yen in held-to-maturity bonds included in other investments and other assets, as well as an increase of 1,101,337 thousand yen in shares of affiliated companies resulting from investments in and capital increases by overseas subsidiaries newly established during the period.」

    Investments in and capital increases by overseas subsidiaries were made, increasing shares of affiliated companies by 1,101,337 thousand yen. This indicates progress in concretizing the adjacent business in the United States.
  7. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter period, there were no material changes to the business and financial issues that the company should prioritize addressing.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  8. FY2024-Q1AdvancedAnnual report

    「In addition, during the first quarter accounting period, we newly established ASAX America, Inc., a wholly owned subsidiary. However, because its impact on quarterly net income, retained earnings and other items is immaterial and its significance is currently limited, it is accounted for as an unconsolidated subsidiary.」

    ASAX America, Inc., a wholly owned subsidiary, was established as the company moved toward concretizing its adjacent business in the United States.
  9. FY2023AdvancedAnnual report

    「To diversify our earnings base and hedge risk through asset diversification, we have decided to establish a new company in the United States, where continued economic growth is expected and a stable real estate market has been established, with the principal purpose of engaging in real estate sales, purchases and leasing.」

    Specific progress was reported toward diversifying the earnings base through adjacent businesses, with the establishment in May 2023 of a wholly owned subsidiary in the United States engaged in real estate sales, purchases and leasing.
  10. FY2023-Q3RestatedAnnual report

    「There were no material changes during the first nine months of the current fiscal year in the business and financial issues that the Company should address as a priority.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  11. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter period, there were no material changes to the business and financial issues that the company should prioritize addressing.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  12. FY2023-Q1RestatedAnnual report

    「There were no material changes during the cumulative first quarter to the business and financial challenges that the Company should address as a priority.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  13. FY2022RestatedAnnual report

    「Although the real estate-secured loan business will remain the core of our earnings, as a medium- to long-term growth strategy we intend to build adjacent businesses in which we can use the expertise developed through that business.」

    While keeping real estate-secured loans as the core of earnings, the company reaffirms the development of adjacent businesses using its existing expertise as a medium- to long-term strategy.
  14. FY2022-Q3RestatedAnnual report

    「There were no material changes during the first nine months of the current fiscal year in the business and financial issues that the Company should address as a priority.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  15. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter period, there were no material changes to the business and financial issues that the company should prioritize addressing.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  16. FY2022-Q1RestatedAnnual report

    「There were no material changes during the cumulative first quarter to the business and financial challenges that the Company should address as a priority.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  17. FY2021RestatedAnnual report

    「Although the real estate-secured loan business will remain the core of our earnings, as a medium- to long-term growth strategy we intend to build adjacent businesses in which we can use the expertise developed through that business.」

    While keeping real estate-secured loans as the core of earnings, the company reaffirms the development of adjacent businesses using its existing expertise as a medium- to long-term strategy.
  18. FY2021-Q3RestatedAnnual report

    「There were no material changes during the first nine months of the current fiscal year in the business and financial issues that the Company should address as a priority.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  19. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter period, there were no material changes to the business and financial issues that the company should prioritize addressing.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  20. FY2021-Q1RestatedAnnual report

    「There were no material changes during the cumulative first quarter to the business and financial challenges that the Company should address as a priority.」

    The company has determined that there have been no significant changes to the issues requiring priority attention and continues to address its existing medium- to long-term growth challenges.
  21. FY2020RestatedAnnual report

    「Although the real estate-secured loan business will remain the core of our earnings, as a medium- to long-term growth strategy we intend to build adjacent businesses in which we can use the expertise developed through that business.」

    While keeping real estate-secured loans as the core of earnings, the company reaffirms the development of adjacent businesses using its existing expertise as a medium- to long-term strategy.
  22. FY2020-Q3RestatedAnnual report

    「There were no material changes in the issues that the Company needs to address during the nine months ended the third quarter.」

    This reconfirms that there were no significant changes to the issues requiring attention.
  23. FY2019RestatedAnnual report

    「Although the real estate-secured loan business will remain the core of our earnings, as a medium- to long-term growth strategy we intend to build adjacent businesses in which we can use the expertise developed through that business.」

    The company reaffirms the development of adjacent businesses using its expertise in real estate-secured loans as a medium- to long-term strategy.
  24. FY2016First statedAnnual report

    「As a medium- to long-term growth strategy, we intend to build adjacent businesses in which we can use the expertise developed through our real estate-secured loan business.」

    The company has identified the development of adjacent businesses using its existing expertise as a medium- to long-term growth strategy.
Moved together

"Maintaining the loan balance with a focus on asset quality" moved the same way as this thread, in the same document, in 6 of its 24 moves.

655543★123456
  1. ★This thread
  2. 1Maintaining the loan balance with a focus on asset quality6×
  3. 2Building a high-quality loan balance and strengthening the funding base5×
  4. 3Year-on-year increases in operating revenue and profit5×
  5. 4Increase in other operating revenue driven by fee income and cancellation penalties5×
  6. 5Expanding the Guarantee Business Through Partnerships with Financial Institutions4×
  7. 6Expansion of Fixed Assets Due to an Increase in Held-to-Maturity Securities3×

★ 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 Earnings of 2026-05-13: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Building adjacent businesses by leveraging expertise in real estate-secured loans | ASAX CO.,LTD. (8772) | Komori