Risk of Borrower Repayment Delays and Loss of Investor Confidence
First written in FY2017. 5 of 8 entries say "Mitigated", first in FY2020. Latest entry: FY2021.
0 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「After completing the full redemption of deposits received for silent partnership investments, the consolidated subsidiary LC Lending Co., Ltd. was transferred through a share transfer.」
Repayment in full of the silent partnership investments received from crowdfunding investors was completed, eliminating the balance subject to repayment. - FY2021-Q3MitigatedAnnual report
「Silent partnership investments received 611 -」
The balance of silent partnership investments received fell from ¥611 million at the end of the previous consolidated fiscal year to zero at the end of the third quarter under review, eliminating the balance subject to repayment to investors. - FY2021-Q2MitigatedAnnual report
「(Note 2) There have been no delays, reductions or other issues in the repayment of principal on silent partnership investments received or the payment of distributions of silent partnership profits and losses.」
Repayment of the silent partnership investments received was completed, and the balance was zero both at the end of the second quarter and as of the filing date. There were no delays or reductions in the repayment of principal or payment of distributions of profits and losses. - FY2021-Q1MitigatedAnnual report
「Balance of silent partnership investments received as of the filing date of the first-quarter report 0」
¥368 million of silent partnership investments received was repaid from April to June, and the balance as of the filing date became 0, including scheduled repayments in July and August. There have been no delays, reductions or other issues in the repayment of principal or the payment of distributions of profits and losses. - FY2020MitigatedAnnual report
「There have been no delays, reductions or other issues in the repayment of principal on silent partnership investments received or the payment of distributions of silent partnership profits and losses. 2020年７月 ¥152 million 2020年８月 ¥90 million Total repayments ¥242 million Balance 0」
The report states that there have been no delays or reductions in repayments to crowdfunding investors, and that the balance is planned to reach zero through scheduled repayments after the filing date. - FY2019RestatedAnnual report
「If borrowers fail to make repayments on time, the Group’s performance and dividends to investors may be affected. This could also cause investors to lose confidence in the crowdfunding business, affect funding for the real estate funds, and affect the progress of that fund business.」
The risk that borrower repayment delays could affect performance, investor dividends, confidence and fund financing is disclosed again. - FY2018RestatedAnnual report
「If borrowers fail to make repayments on time, the Group’s performance and dividends to investors may be affected. This could also cause investors to lose confidence in the crowdfunding business, affect funding for the real estate funds, and affect the progress of that fund business.」
The annual report also discloses the risk that borrower repayment delays could affect investor dividends, confidence and fund financing. - FY2017First statedAnnual report
「If borrowers fail to make repayments on time, the Group’s performance and dividends to investors may be affected. This could also cause investors to lose confidence in the crowdfunding business, affect funding for the real estate funds, and affect the progress of that fund business.」
The risk that repayment delays by borrowers could affect performance, investor dividends, investor confidence and fund financing is disclosed.