Excess liabilities at consolidated subsidiaries and loss absorption by the parent company
First written in FY2021. 1 of 4 entries say "Materialised", first in FY2021. Latest entry: FY2024.
The whole theme swung hardest in 2018: 6 of 10 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「空知リゾートシティ㈱ 180,500千円 有明リゾートシティ㈱ 1,249,111千円」
2024年12月末時点でも両社は債務超過だが、空知リゾートシティは前期213,506千円から180,500千円へ、有明リゾートシティは1,344,419千円から1,249,111千円へ減少した。 - FY2023Updated net liabilities of consolidated subsidiariesAnnual report
「空知リゾートシティ㈱ 213,506千円 有明リゾートシティ㈱ 1,344,419千円」
2023年12月末時点で両連結子会社が債務超過となっており、空知リゾートシティは前期の137,080千円から213,506千円へ増加、有明リゾートシティは1,443,649千円から1,344,419千円へ減少した。 - FY2022Updated net liabilities of consolidated subsidiariesAnnual report
「空知リゾートシティ㈱ 137,080千円 有明リゾートシティ㈱ 1,443,649千円」
2022年12月末時点でも空知リゾートシティ株式会社と有明リゾートシティ株式会社が債務超過であり、親会社は関係会社貸倒引当金繰入額等を計上している。 - FY2021MaterialisedAnnual report
「After reviewing the valuation of shares held in and the future recoverability of receivables from consolidated subsidiaries in light of their financial position and operating results, we recorded an impairment loss on investments in affiliates of ¥643,971 thousand, an allowance for doubtful accounts related to affiliates of ¥155,000 thousand, a provision for losses on guarantees of affiliates' borrowings of ¥42,880 thousand, and a provision for business losses of affiliates of ¥1,367,870 thousand.」
Sorachi Resort City Co., Ltd. had negative net assets of ¥34,708 thousand and Ariake Resort City Co., Ltd. had negative net assets of ¥1,531,041 thousand. The parent company recorded an impairment loss on investments in affiliates, an allowance for doubtful accounts, a provision for losses on guarantees, and a provision for business losses.