Guarantee-Performance Exposure in the Delinquent-Rent Guarantee Business
First written in FY2019-Q2. 25 of 28 entries say "Worsened", first in FY2019-Q3. Latest entry: 2026-08-06.
Sun Frontier Fudousan moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- 2026-08-06WorsenedEarnings
「Provision for guarantee obligations 20 33」
The provision for guarantee obligations increased from ¥20 million at the previous period-end to ¥33 million. - FY2026WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥58,985 million; provision for guarantee fulfillment (¥20 million); total ¥58,965 million」
The equivalent guarantee limit increased from ¥54,590 million at the end of the previous fiscal year to ¥58,985 million, expanding guarantee exposure. The provision for guarantee fulfillment amounted to ¥20 million. - 2026-05-11MitigatedEarnings
「Provision for guarantee obligations 34 20」
The provision for guarantee obligations declined from ¥34 million at the previous period-end to ¥20 million. The year-end balance equivalent to the guarantee limit was not stated in the earnings report. - FY2026-H1WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥57,354 million; provision for guarantee fulfillment (¥40 million); total ¥57,313 million」
The equivalent guarantee limit increased from ¥54,590 million at the end of the previous fiscal year to ¥57,354 million, and the provision for guarantee fulfillment also increased from ¥34 million to ¥40 million. Guarantee exposure continues to expand. - FY2025WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥54,590 million; provision for guarantee fulfillment (¥34 million); total ¥54,556 million」
The equivalent guarantee limit increased from ¥50,535 million at the end of the previous fiscal year to ¥54,590 million, expanding exposure to overdue rent guarantees. The provision for guarantee fulfillment amounted to ¥34 million. - FY2025-H1WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥53,029 million; provision for guarantee fulfillment (¥39 million); total ¥52,990 million」
The equivalent guarantee limit increased from ¥50,535 million at the end of the previous fiscal year to ¥53,029 million. The provision for guarantee fulfillment was ¥39 million, and guarantee exposure continues to expand. - FY2024WorsenedAnnual report
「Guarantees of debt through rent guarantees: previous fiscal year ¥47,416 million; current fiscal year ¥50,535 million; provision for guarantee fulfillment (¥22 million), (¥44 million); total ¥47,393 million, ¥50,490 million」
The equivalent guarantee limit for the overdue rent guarantee business increased from ¥47,416 million to ¥50,535 million, and the provision for guarantee fulfillment also increased from ¥22 million to ¥44 million. Both guarantee exposure and the provision are expanding. - FY2024-Q3WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥49,796 million Provision for guarantee fulfillment (¥41 million) Total ¥49,755 million」
The equivalent guarantee limit increased from ¥47,416 million at the end of the previous fiscal year to ¥49,796 million, and the provision for guarantee fulfillment also increased from ¥22 million to ¥41 million. Both guarantee exposure and the provision are expanding. - FY2024-Q2WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥49,128 million; provision for guarantee fulfillment (¥26 million); total ¥49,102 million」
The equivalent guarantee limit increased from ¥47,416 million at the end of the previous fiscal year to ¥49,128 million, and the provision for guarantee fulfillment also increased from ¥22 million to ¥26 million. Guarantee exposure continues to expand. - FY2024-Q1WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥47,542 million; provision for guarantee fulfillment (¥23 million); total ¥47,518 million」
The equivalent guarantee limit increased from ¥47,416 million at the end of the previous fiscal year to ¥47,542 million, and the provision for guarantee fulfillment also increased from ¥22 million to ¥23 million. Guarantee exposure continues to expand. - FY2023WorsenedAnnual report
「Guarantees of debt through rent guarantees: previous fiscal year ¥43,143 million; current fiscal year ¥47,416 million; provision for guarantee fulfillment (¥39 million), (¥22 million); total ¥43,103 million, ¥47,393 million」
The equivalent guarantee limit increased from ¥43,143 million at the end of the previous fiscal year to ¥47,416 million, expanding guarantee exposure. The provision for guarantee fulfillment decreased from ¥39 million to ¥22 million. - FY2023-Q3WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥47,629 million; provision for guarantee fulfillment (¥38 million); total ¥47,591 million」
The equivalent guarantee limit increased from ¥43,143 million at the end of the previous fiscal year to ¥47,629 million, expanding guarantee exposure. The provision for guarantee fulfillment decreased slightly from ¥39 million to ¥38 million. - FY2023-Q2WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥46,053 million; provision for guarantee fulfillment (¥35 million); total ¥46,017 million」
The equivalent guarantee limit increased from ¥43,143 million at the end of the previous fiscal year to ¥46,053 million, expanding guarantee exposure. The provision for guarantee fulfillment decreased from ¥39 million to ¥35 million, and no actual guarantee fulfillment is stated as having occurred. - FY2023-Q1WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥44,667 million; provision for guarantee fulfillment (¥35 million); total ¥44,632 million」
The equivalent guarantee limit increased from ¥43,143 million at the end of the previous fiscal year to ¥44,667 million, expanding guarantee exposure. Meanwhile, the provision for guarantee fulfillment decreased from ¥39 million to ¥35 million. - FY2022-Q3WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥42,874 million; provision for guarantee fulfillment (¥53 million); total ¥42,821 million」
The equivalent guarantee limit increased from ¥40,048 million at the end of the previous fiscal year to ¥42,874 million, expanding guarantee exposure. The provision for guarantee fulfillment was ¥53 million, unchanged from the end of the previous fiscal year. - FY2022-Q2WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥41,200 million; provision for guarantee fulfillment (¥45 million); total ¥41,155 million」
The equivalent guarantee limit increased from ¥40,048 million at the end of March 2021 to ¥41,200 million, expanding guarantee exposure. The provision for guarantee fulfillment decreased from ¥53 million to ¥45 million. - FY2022-Q1WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥40,576 million; provision for guarantee fulfillment (¥45 million); total ¥40,530 million」
The equivalent guarantee limit increased from ¥40,048 million at the end of the previous fiscal year to ¥40,576 million, expanding guarantee exposure. Meanwhile, the provision for guarantee fulfillment decreased from ¥53 million to ¥45 million. - FY2021WorsenedAnnual report
「Guarantees of debt through rent guarantees: previous fiscal year ¥38,338 million; current fiscal year ¥40,048 million; provision for guarantee fulfillment (¥50 million), (¥53 million); total ¥38,287 million, ¥39,994 million」
The equivalent guarantee limit increased from ¥38,338 million to ¥40,048 million, expanding guarantee exposure. The provision for guarantee fulfillment also increased from ¥50 million to ¥53 million. - FY2021-Q3WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥39,789 million; provision for guarantee fulfillment (¥74 million); total ¥39,715 million」
The equivalent guarantee limit increased from ¥38,338 million at the end of the previous fiscal year to ¥39,789 million, and the provision for guarantee fulfillment also increased to ¥74 million. Guarantee exposure is expanding further. - FY2021-Q2WorsenedAnnual report
「In the overdue rent guarantee business, we provide services tailored to building owners by conducting thorough and stricter investigations in tenant guarantee screening when guarantee contracts are executed, and by providing sincere support not only for rent guarantees but also through the handover of the property when rent arrears occur. During the COVID-19 pandemic, consultations from building owners increased in connection with rising vacancies, concerns about tenant creditworthiness, and shifts from personal guarantees. Against this backdrop, the number of new guarantees and re-guarantees handled remained solid and revenue increased from the same period of the previous year, but profit declined due to increased provisions for guarantee fulfillment against a backdrop of rising rent arrears resulting from the pandemic.」
Rent arrears increased as a result of the COVID-19 pandemic, reducing profit through additional provisions for guarantee fulfillment. The equivalent guarantee limit was ¥39,338 million and the provision for guarantee fulfillment was ¥69 million, with both guarantee exposure and the provision increasing from the end of the previous fiscal year. - FY2021-Q1MaterialisedAnnual report
「Rent arrears have also emerged as a result of the COVID-19 pandemic, and profit declined due to an increase in the provision for guarantee fulfillment and related items.」
Actual rent arrears emerged in the overdue rent guarantee business, and the provision for guarantee fulfillment increased from ¥50 million at the end of the previous fiscal year to ¥60 million. The equivalent guarantee limit also expanded from ¥38,338 million to ¥39,535 million. - FY2020WorsenedAnnual report
「Guarantees of debt through rent guarantees: previous fiscal year ¥31,945.564 million; current fiscal year ¥38,338.397 million; provision for guarantee fulfillment (¥50,894 thousand); total ¥38,287.503 million」
The equivalent guarantee limit for the overdue rent guarantee business increased from ¥31,945.564 million at the end of the previous fiscal year to ¥38,338.397 million, while the provision for guarantee fulfillment amounted to ¥50.894 million. Guarantee exposure expanded further. - FY2020-Q3WorsenedAnnual report
「Customers related to the overdue rent guarantee business (equivalent guarantee limit) ¥37,405.730 million; provision for guarantee fulfillment (¥43,221 thousand); total ¥37,362.508 million」
The equivalent guarantee limit increased from ¥31,945.564 million at the end of the previous fiscal year to ¥37,405.730 million, while the provision for guarantee fulfillment amounted to ¥43,221 thousand. Guarantee exposure is expanding. - FY2020-Q2WorsenedAnnual report
「Customers in the overdue rent guarantee business (amount equivalent to guarantee limits): ¥36,713,260 thousand; provision for guarantee performance: △¥39,501 thousand; total: ¥36,673,759 thousand」
The amount equivalent to guarantee limits increased to ¥36,713,260 thousand from ¥31,945,564 thousand at FY2019-end and ¥33,544,598 thousand in FY2020-Q1, expanding guarantee exposure. It did not state that any guarantee performance had actually occurred. - FY2020-Q1WorsenedAnnual report
「Customers in the overdue rent guarantee business (amount equivalent to guarantee limits): ¥33,544,598 thousand; provision for guarantee performance: △¥46,961 thousand; total: ¥33,497,636 thousand」
The amount equivalent to guarantee limits increased from ¥31,945,564 thousand at FY2019-end to ¥33,544,598 thousand, and the provision for guarantee performance also increased to ¥46,961 thousand. The company disclosed expanded guarantee exposure. - FY2019WorsenedAnnual report
「Guarantees of rent-related debt: Previous consolidated fiscal year ¥27,159,912 thousand; current consolidated fiscal year ¥31,945,564 thousand; provision for guarantee performance △¥32,605 thousand; total ¥31,912,959 thousand」
The amount equivalent to guarantee limits in the overdue rent guarantee business increased from ¥27,159,912 thousand to ¥31,945,564 thousand, expanding guarantee exposure. It did not state that any guarantee performance had actually occurred. - FY2019-Q3WorsenedAnnual report
「Customers in the overdue rent guarantee business (amount equivalent to guarantee limits) ¥29,948,437 thousand Provision for guarantee performance △¥59,558 thousand Total ¥29,888,878 thousand」
The amount equivalent to guarantee limits was ¥29,948,437 thousand, up from ¥29,042,345 thousand disclosed in the previous quarter. The provision for guarantee performance also increased to ¥59,558 thousand, indicating expanded guarantee exposure. - FY2019-Q2First statedAnnual report
「Customers in the overdue rent guarantee business (amount equivalent to guarantee limits): ¥29,042,345 thousand Provision for guarantee performance: △¥58,886 thousand Total: ¥28,983,458 thousand」
For the overdue rent guarantee business, the company disclosed the amount equivalent to guarantee limits for customers of ¥29.042345 billion and a provision for guarantee performance of ¥58.886 million as contingent liabilities. It did not state that any guarantee performance had actually occurred.