Risk of losses from investments, loans and guarantees to affiliates
First written in FY2023. 2 of 5 entries say "Worsened", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2019: 7 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Following the sale of all shares in BS松竹東急株式会社, the company was excluded from the equity-method scope.」
With regard to the affiliate risk associated with investments in and loans to BS松竹東急 and its inclusion under the equity method, the sale of all shares and removal from the equity-method scope were also confirmed in the annual disclosure. - FY2026-H1MitigatedAnnual report
「Following the sale of all shares in BS松竹東急株式会社, the company was excluded from the equity-method scope.」
With regard to the affiliate risk associated with investments in and loans to BS松竹東急 and its inclusion under the equity method, the company was removed from the equity-method scope following the sale of all shares. - FY2025-H1WorsenedAnnual report
「In connection with the revision of BS松竹東急株式会社's business plan, the Group included ¥3,377 million of losses that it believes it will effectively bear in respect of the company's nonvoting preferred shares in its share of losses of equity-method investees and recognized the amount as a non-operating expense.」
In connection with the revision of the business plan of affiliate BS松竹東急, the Group recognized ¥3,377 million of losses that it believes it will effectively bear in respect of the preferred shares. The risk from investments and loans to affiliates is expanding into a specific loss. - FY2024WorsenedAnnual report
「As of the end of the consolidated fiscal year, the Group recorded ¥1,911 million in investments in affiliates and ¥2,000 million in loans to affiliates on its consolidated balance sheet.」
The Group's investments and loans to affiliates became more specific, with BS松竹東急 reporting total net assets of negative ¥841 million and a net loss of ¥3,423 million. The ¥2,000 million loan was converted through a DES in the following fiscal year. - FY2023First statedAnnual report
「Investments in affiliates: ¥14,361 million; loans to affiliates: ¥4,831 million; allowance for doubtful accounts related to the above: ¥1,323 million; guarantees of borrowings and other obligations of affiliates: ¥436 million; provision for losses on guarantees: ¥380 million; provision for losses on affiliate businesses: ¥101 million」
For investments, loans and guarantees to affiliates, the Company recognized an allowance for doubtful accounts, a provision for losses on guarantees and a provision for losses on affiliate businesses.