Sponsor Support Agreement for Borrowings by an Affiliated Company
First written in FY2017-Q4. 8 of 19 entries say "Worsened", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2017: 12 of 48 companies on the "Worse" side.
77 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Karatsu Biomass Energy G.K. ¥27,786 million — Minamiaso Yunotani Geothermal Co., Ltd. ¥977 million ¥767 million R2 Storage Facility G.K. — ¥4,183 million Total ¥28,763 million ¥4,950 million」
The amount covered by sponsor support agreements and similar arrangements decreased from ¥28,763 million in the previous fiscal year to ¥4,950 million. Karatsu Biomass was excluded following its inclusion as a consolidated subsidiary, while Minamiaso Yunotani Geothermal and the R2 storage facility were disclosed as covered entities. - FY2024MitigatedAnnual report
「Karatsu Biomass Energy G.K. ¥22,695 million Minamiaso Yunotani Geothermal Co., Ltd. ¥1,058 million Total ¥23,753 million」
The amount covered by the sponsor support agreement decreased from ¥59,693 million in the previous fiscal year to ¥23,753 million. The covered entities are Karatsu Biomass and Minamiaso Yunotani Geothermal. - FY2023WorsenedAnnual report
「Total ¥59,693 million」
The amount covered by the sponsor support agreement increased from ¥43,407 million in the previous fiscal year to ¥59,693 million. Ishinomaki Hibarino, Mori no Miyako, Karatsu, Minamiaso Yunotani and Kiangan were disclosed as covered entities. - FY2022MitigatedAnnual report
「Karita Biomass Energy Co., Ltd. (Note) — Ishinomaki Hibarino Biomass Energy G.K. ¥15,920 million Mori no Miyako Biomass Energy G.K. ¥19,565 million Karatsu Biomass Energy G.K. ¥7,371 million Minamiaso Yunotani Geothermal Co., Ltd. ¥552 million Total ¥43,407 million」
The total amount covered by the sponsor support agreement decreased from ¥45,127 million in the previous fiscal year to ¥43,407 million. Karita was excluded from the disclosed entities following its inclusion as a consolidated subsidiary, while Karatsu Biomass and Minamiaso Yunotani Geothermal were newly covered. - FY2021MitigatedAnnual report
「Karita Biomass Energy Co., Ltd. ¥17,818 million Ishinomaki Hibarino Biomass Energy G.K. ¥11,295 million Mori no Miyako Biomass Energy G.K. ¥16,014 million Total ¥45,127 million」
The amount covered by the sponsor support agreement decreased from ¥65,550 million in the previous disclosure to ¥45,127 million. The 3 covered entities are Karita, Ishinomaki Hibarino and Mori no Miyako. - FY2021-Q3WorsenedAnnual report
「Karita Biomass Energy Co., Ltd. ¥29,632 million (Note 1) Ishinomaki Hibarino Biomass Energy G.K. ¥22,147 million (Note 2) Mori no Miyako Biomass Energy G.K. ¥13,770 million (Note 3) Total ¥65,550 million」
Mori no Miyako Biomass Energy, which leads the Sendai Gamou biomass project, was added to the entities covered by the sponsor support agreement, and the amount covered, including Ishinomaki Hibarino Biomass, increased substantially from ¥25,489 million to ¥65,550 million. - FY2021-Q2WorsenedAnnual report
「Karita Biomass Energy Co., Ltd. ¥25,483 million (Note 1) Ishinomaki Hibarino Biomass Energy G.K. ¥14,508 million (Note 2) Total ¥39,992 million」
Ishinomaki Hibarino Biomass Energy was added to the entities covered by the sponsor support agreement, and the amount covered increased from ¥25,489 million at the end of the previous consolidated fiscal year to ¥39,992 million. - FY2021-Q1WorsenedAnnual report
「Karita Biomass Energy Co., Ltd. (Note 1) ¥25,486 million (Note) Ishinomaki Hib arino Biomass Energy G.K. (Note 2) ¥12,330 million」
In addition to Karita Biomass Energy, Ishinomaki Hibarino Biomass Energy was newly added to the entities covered by the sponsor support agreement, bringing the total amount covered to ¥37,816 million. - FY2020-Q3MitigatedAnnual report
「Karita Biomass Energy Co., Ltd. ¥18,337 million (Note) Total ¥18,337 million」
The sponsor support agreement covered only Karita Biomass Energy, and the amount covered decreased from ¥32,031 million at the end of the previous consolidated fiscal year to ¥18,337 million. - FY2020-Q2MitigatedAnnual report
「Karita Biomass Energy Co., Ltd. ¥18,343 million (Note) Total ¥18,343 million」
The sponsor support agreement covered only Karita Biomass Energy, and the amount covered decreased from ¥32,031 million at the end of the previous consolidated fiscal year to ¥18,343 million. - FY2020-Q1MitigatedAnnual report
「Karumai Nishi Solar silent partnership business ¥13,580 million (Note 1) Karita Biomass Energy Co., Ltd. ¥18,343 million (Note 2) Total ¥31,923 million」
The amount covered by the sponsor support agreement decreased by ¥108 million from ¥32,031 million at the end of March 2019 to ¥31,923 million. The covered entities were Karumai Nishi Solar and Karita Biomass Energy. - FY2019-Q4WorsenedAnnual report
「Karumai Nishi Solar silent partnership business ¥13,580 million Karita Biomass Energy Co., Ltd. ¥18,451 million Total ¥32,031 million」
The amount covered by the sponsor support agreement increased from ¥21,820 million in the previous disclosure to ¥32,031 million, with ¥18,451 million for Karita Biomass Energy added. - FY2019-Q3WorsenedAnnual report
「Karumai Nishi Solar silent partnership business ¥13,580 million Karita Biomass Energy Co., Ltd. ¥8,240 million Total ¥21,820 million」
The amount covered by the sponsor support agreement increased from ¥10,140 million in the previous consolidated fiscal year to ¥21,820 million, and Karita Biomass Energy was included among the covered entities. - FY2019-Q2WorsenedAnnual report
「We have entered into sponsor support agreements for borrowings by the affiliates listed below from financial institutions.」
Karita Biomass Energy Co., Ltd. was added to the entities covered by sponsor support, bringing the total amount, including ¥8,240 million for Karita, to ¥18,380 million. - FY2018WorsenedAnnual report
「We have entered into sponsor support agreements for borrowings by the affiliates listed below from financial institutions.」
The amount covered by the sponsor support agreement for Karumai Nishi Solar increased from ¥7,560 million to ¥10,140 million. - FY2018-Q4RestatedAnnual report
「We have entered into sponsor support agreements for borrowings by the affiliates listed below from financial institutions.」
The sponsor support agreement covers only the Karumai Nishi Solar silent partnership business, with the amount unchanged from the previous disclosure at ¥7,560 million. - FY2018-Q2ReframedAnnual report
「We have entered into sponsor support agreements for borrowings by the affiliates listed below from financial institutions.」
Following URE's inclusion as a consolidated subsidiary, the sponsor support agreement for URE was no longer disclosed. The only covered entity was Karumai Nishi Solar, at ¥7,560 million. The covered entities and composition changed from the total of ¥16,982 million in the previous consolidated fiscal year. - FY2017ReframedAnnual report
「We have entered into sponsor support agreements for borrowings by the affiliates listed below from financial institutions.」
Sponsor support continues, but at the fiscal year-end the covered entities changed to Karumai Nishi, at ¥7,560 million, and United Renewable Energy, at ¥9,422 million, among others, while Otsu Solar was ¥0. - FY2017-Q4First statedAnnual report
「We have entered into sponsor support agreements for borrowings by the affiliates listed below from financial institutions.」
Contractual credit support is provided to the Otsu Solar silent partnership business, the Karumai Nishi Solar silent partnership business and United Renewable Energy Co., Ltd., with the total amount stated as ¥20,060 million.