Komori
Meiji Shipping Group (9115) · RiskWorsened

Guarantees of Debt for Ship Construction and Other Purposes of Affiliated Companies

First written in FY2017-Q1. 20 of 36 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2026.

36entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017-Q2 – FY2019-Q2MitigatedFY2021-Q3 – FY2022MitigatedFY2024-Q3 – FY2025-H12016: 220162017: 420172018: 320182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 32026
Same theme, other companies
Credit Exposure from Debt GuaranteesA theme 156 companies write about · 168 as a headwind · 1 as a tailwind

Meiji Shipping Group moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).

The whole theme swung hardest in 2017: 13 of 52 companies on the "Worse" side.

27 other companies' 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.
Showing 14 of the 156 companies compared. The sentences above are computed from all 156.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Guarantee obligations ¥25,692.728 million ¥51,134.639 million」

    Guarantee obligations for affiliated companies and others increased substantially from ¥25,692 million to ¥51,134 million. Foreign-currency guarantee obligations also increased from US$161.231 million to US$296.456 million and CHF13.139 million.
  3. FY2026-H1WorsenedAnnual report

    「Total ¥25,692.728 million ¥30,566.653 million (of which, foreign-currency amounts) US$161.231 million US$186.448 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies increased from ¥25,692.728 million at the end of the previous fiscal year to ¥30,566.653 million. Foreign-currency guarantee obligations also increased from US$161.231 million to US$186.448 million.
  4. FY2025WorsenedAnnual report

    「Total ¥25,635.516 million ¥25,692.728 million (of which, foreign-currency amounts) US$153.437 million US$161.231 million」

    Guarantee obligations for affiliated companies and others increased from ¥25,635 million to ¥25,692 million, while foreign-currency guarantee obligations also increased from US$153.437 million to US$161.231 million.
  5. FY2025-H1MitigatedAnnual report

    「Total ¥25,635.516 million ¥20,923.821 million (of which, foreign-currency amounts) US$153.437 million US$133.979 million」

    Guarantee obligations for affiliated companies and others decreased from ¥25,635.516 million at the end of the previous fiscal year to ¥20,923.821 million. Foreign-currency guarantee obligations also decreased from US$153.437 million to US$133.979 million.
  6. FY2024MitigatedAnnual report

    「Total ¥25,819.452 million ¥25,635.516 million (of which, foreign-currency amounts) US$169.743 million US$153.437 million」

    Guarantee obligations for affiliated companies and others decreased from ¥25,819.452 million at the end of the previous fiscal year to ¥25,635.516 million, and the foreign-currency amount also decreased.
  7. FY2024-Q3MitigatedAnnual report

    「Total ¥25,819.452 million ¥24,911.892 million (of which, foreign-currency amounts) US$169.743 million US$157.832 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies and others decreased from ¥25,819.452 million at the end of the previous fiscal year to ¥24,911.892 million. Foreign-currency guarantee obligations also decreased from US$169.743 million to US$157.832 million.
  8. FY2024-Q2WorsenedAnnual report

    「Total ¥25,819.452 million ¥26,996.890 million (of which, foreign-currency amounts) US$169.743 million US$162.760 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies and others increased from ¥25,819.452 million at the end of the previous fiscal year to ¥26,996.890 million. While the yen-converted amount increased, the foreign-currency amount decreased.
  9. FY2024-Q1WorsenedAnnual report

    「Total ¥25,819.452 million ¥26,991.657 million (of which, foreign-currency amounts) US$169.743 million US$167.114 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies increased from ¥25,819.452 million at the end of the previous fiscal year to ¥26,991.657 million. The foreign-currency amount decreased from US$169.743 million to US$167.114 million.
  10. FY2023MitigatedAnnual report

    「Total ¥28,557.987 million ¥25,819.452 million (of which, foreign-currency amounts) US$201.699 million US$169.743 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies decreased from ¥28,557.987 million at the end of the previous fiscal year to ¥25,819.452 million, while foreign-currency guarantee obligations also decreased.
  11. FY2023-Q3MitigatedAnnual report

    「Total ¥28,557.987 million ¥26,361.963 million (of which, foreign-currency amounts) US$201.699 million US$174.050 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies and others decreased from ¥28,557.987 million at the end of the previous fiscal year to ¥26,361.963 million. Foreign-currency guarantee obligations also decreased from US$201.699 million to US$174.050 million.
  12. FY2023-Q2WorsenedAnnual report

    「Total ¥28,557.987 million ¥30,257.531 million (of which, foreign-currency amounts) US$201.669 million US$188.379 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies increased from ¥28,557.987 million at the end of the previous fiscal year to ¥30,257.531 million. While guarantee obligations translated into yen increased, the foreign-currency amount decreased.
  13. FY2023-Q1WorsenedAnnual report

    「Total ¥28,557.987 million ¥30,365.168 million (of which, foreign-currency amounts) US$201.699 million US$199.623 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies increased from ¥28,557.987 million at the end of the previous fiscal year to ¥30,365.168 million. The foreign-currency amount decreased.
  14. FY2022MitigatedAnnual report

    「Total ¥28,765.204 million ¥28,557.987 million (of which, foreign-currency amounts) US$211.624 million US$201.699 million」

    Guarantee obligations for shipbuilding funds and other amounts for affiliated companies decreased from ¥28,765.204 million at the end of the previous fiscal year to ¥28,557.987 million, while foreign-currency guarantee obligations also decreased from US$211.624 million to US$201.699 million.
  15. FY2022-Q3MitigatedAnnual report

    「Total ¥28,765.204 million ¥27,693.895 million (of which, foreign-currency denominated) $211.624 million $207.157 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased from ¥28,765.204 million at the end of the previous consolidated fiscal year to ¥27,693.895 million. Foreign-currency-denominated guarantee obligations also decreased from $211.624 million to $207.157 million.
  16. FY2022-Q2MitigatedAnnual report

    「Total ¥28,765.204 million ¥27,757.116 million (of which, foreign-currency denominated) $211.624 million $212.023 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased from ¥28,765.204 million at the end of the previous consolidated fiscal year to ¥27,757.116 million. The foreign-currency-denominated amount increased.
  17. FY2022-Q1MitigatedAnnual report

    「Total ¥28,765.204 million ¥28,093.039 million (of which, foreign-currency denominated) $211.624 million $216.469 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased from ¥28,765.204 million at the end of the previous consolidated fiscal year to ¥28,093.039 million. Meanwhile, foreign-currency-denominated guarantee obligations increased to $216.469 million.
  18. FY2021-Q3MitigatedAnnual report

    「Total ¥28,608.553 million ¥27,826.264 million (of which, foreign-currency denominated) $206.940 million $215.836 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased from ¥28,608.553 million at the end of the previous consolidated fiscal year to ¥27,826.264 million. Meanwhile, the foreign-currency-denominated amount increased to $215.836 million.
  19. FY2021-Q2WorsenedAnnual report

    「Total ¥28,608.553 million ¥28,962.415 million (of which, foreign-currency denominated) $206.940 million $220.041 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥28,608.553 million at the end of the previous consolidated fiscal year to ¥28,962.415 million. Foreign-currency-denominated guarantee obligations also increased to $220.041 million.
  20. FY2021-Q1MitigatedAnnual report

    「Total ¥28,608.553 million ¥28,410.645 million (of which, foreign-currency denominated) $206.940 million $202.701 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased from ¥28,608.553 million at the end of the previous consolidated fiscal year to ¥28,410.645 million. Foreign-currency-denominated guarantee obligations also decreased from $206.940 million to $202.701 million.
  21. FY2020WorsenedAnnual report

    「Total ¥26,909.432 million ¥28,608.553 million (of which, foreign-currency denominated) $175.400 million $206.940 million」

    Guarantee obligations to affiliated companies and others increased from ¥26,909.432 million at the end of the previous consolidated fiscal year to ¥28,608.553 million. Foreign-currency-denominated guarantee obligations also totaled $206.940 million.
  22. FY2020-Q3WorsenedAnnual report

    「Total ¥26,909.432 million ¥29,711.535 million (of which, foreign-currency denominated) $175.400 million $214.355 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥26,909.432 million at the end of the previous consolidated fiscal year to ¥29,711.535 million. Foreign-currency-denominated guarantee obligations also totaled $214.355 million.
  23. FY2020-Q2MitigatedAnnual report

    「Total ¥26,909.432 million ¥26,636.209 million (of which, foreign-currency denominated) $175.400 million $187.311 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased by ¥272.223 million from ¥26,909.432 million at the end of the previous consolidated fiscal year to ¥26,636.209 million. The foreign-currency-denominated amount was $187.311 million.
  24. FY2020-Q1MitigatedAnnual report

    「Total ¥26,909.432 million ¥25,817.391 million (of which, foreign-currency denominated) $175.400 million $172.423 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased by ¥1,092.041 million from ¥26,909.432 million at the end of the previous consolidated fiscal year to ¥25,817.391 million.
  25. FY2019WorsenedAnnual report

    「Total ¥23,054.057 million ¥26,909.432 million (of which, foreign-currency denominated) $148.398 million $175.400 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥23,054.057 million at the end of the previous consolidated fiscal year to ¥26,909.432 million.
  26. FY2019-Q3MitigatedAnnual report

    「Total ¥23,054.057 million ¥22,896.468 million (of which, foreign-currency denominated) $148.398 million $137.848 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies decreased from ¥23,054.057 million at the end of the previous consolidated fiscal year to ¥22,896.468 million.
  27. FY2019-Q2WorsenedAnnual report

    「Total ¥23,054.057 million ¥23,648.383 million (of which, foreign-currency denominated) $148.398 million $145.228 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased by ¥594.326 million from ¥23,054.057 million at the end of the previous consolidated fiscal year to ¥23,648.383 million.
  28. FY2019-Q1WorsenedAnnual report

    「Total ¥23,054.057 million ¥23,535.710 million (of which, foreign-currency denominated) $148.398 million $147.050 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥23,054.057 million at the end of the previous consolidated fiscal year to ¥23,535.710 million.
  29. FY2018WorsenedAnnual report

    「Total ¥16,163.328 million ¥23,054.057 million (of which, foreign-currency denominated) $111.865 million $148.398 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies totaled ¥23,054.057 million, up from ¥16,163.328 million at the end of the previous consolidated fiscal year.
  30. FY2018-Q2WorsenedAnnual report

    「Total ¥16,163.328 million ¥20,728.729 million (of which, foreign-currency denominated) $111.865 million $133.103 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥16,163.328 million at the end of the previous consolidated fiscal year to ¥20,728.729 million.
  31. FY2018-Q1WorsenedAnnual report

    「Total ¥16,163.328 million ¥19,762.828 million (of which, foreign-currency denominated) $111.865 million $128.926 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥16,163.328 million at the end of the previous consolidated fiscal year to ¥19,762.828 million.
  32. FY2017WorsenedAnnual report

    「Total ¥16,163.328 million」

    Guarantee obligations for shipbuilding, working capital and other financing of affiliated companies increased from ¥13,092.793 million at the end of the previous consolidated fiscal year and ¥15,927.919 million at the end of the previous quarter to ¥16,163.328 million.
  33. FY2017-Q3WorsenedAnnual report

    「Total ¥15,927.919 million」

    Guarantee obligations for shipbuilding and working capital financing of affiliated companies increased from ¥13,092.793 million at the end of the previous consolidated fiscal year to ¥15,927.919 million.
  34. FY2017-Q2WorsenedAnnual report

    「Total ¥14,397.251 million」

    Guarantee obligations for shipbuilding and working capital financing of affiliated companies increased from ¥13,092.793 million at the end of the previous consolidated fiscal year to ¥14,397.251 million.
  35. FY2017-Q1First statedAnnual report

    「The above represents guarantees provided to lenders for borrowings to fund the shipbuilding costs of each company, all secured by the relevant vessels, and working capital.」

    Guarantee obligations totaling ¥12,380.962 million were recorded for borrowings by affiliated companies.
Moved together

"Overall Revenue Growth and Operating Profit Growth" moved the same way as this thread, in the same document, in 16 of its 36 moves.

161614141413★123456
  1. ★This thread
  2. 1Overall Revenue Growth and Operating Profit Growth16×
  3. 2Impairment Losses Associated with the Decision to Sell Vessels16×
  4. 3Lodging remains strong as the banquet division improves14×
  5. 4Global Economic Uncertainty, Including Brexit, U.S. Monetary Policy and the Chinese Economy14×
  6. 5Decline in Ordinary Profit and Quarterly Net Income Attributable to Owners of the Parent14×
  7. 6Deteriorating Ocean-Shipping Market Conditions and Excess Tonnage13×

★ 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
Meiji Shipping Group's next results are scheduled for 2026-10-28. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-02: "Worsened".
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