E-Ship-Related Risk of Guaranteeing Trust Borrowings if the Share Price Declines
First written in FY2017. 7 of 15 entries say "Mitigated", first in FY2019. Latest entry: FY2025-H1.
33 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「Previous consolidated fiscal year: ¥57 million; no applicable item in the interim consolidated fiscal period.」
The carrying amount of trust borrowings associated with the new E-Ship changed from ¥57 million in the previous consolidated fiscal year to no applicable item in the interim consolidated fiscal period, so no borrowings the Company may have to repay if the share price falls remain disclosed. - FY2024MitigatedAnnual report
「Previous consolidated fiscal year: ¥129 million; current consolidated fiscal year: ¥57 million」
The carrying amount of trust borrowings associated with the new E-Ship decreased from ¥129 million to ¥57 million, reducing the outstanding borrowings the Company may have to repay if the share price falls. - FY2024-Q3RestatedAnnual report
「Previous consolidated fiscal year: ¥129 million; third quarter of the current consolidated fiscal year: ¥83 million」
The carrying amount of trust borrowings associated with the new E-Ship was ¥83 million, and the risk of outstanding borrowings that the Company may have to repay if the share price falls continues to be disclosed. - FY2024-Q2MitigatedAnnual report
「Previous consolidated fiscal year: ¥129 million; second quarter of the current consolidated fiscal year: ¥83 million」
The carrying amount of trust borrowings associated with the new E-Ship decreased from ¥129 million to ¥83 million, reducing the outstanding borrowings the Company may have to repay if the share price falls. - FY2024-Q1MitigatedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings.」
The risk associated with the Company's guarantee under the new E-Ship continues, but the carrying amount of borrowings related to the trust remained at ¥129 million in the current quarter, unchanged from the previous consolidated fiscal year and down from the previously disclosed ¥158 million. - FY2023-Q2Guarantee risk recurs under the new planAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings. Second quarter of the current consolidated fiscal year: ¥158 million」
With the introduction of the new E-Ship, the Company again disclosed its guarantee of borrowings by the dedicated trust. The carrying amount of borrowings related to the trust was ¥158 million, and the Company may have to repay the outstanding borrowings if the share price falls. - FY2020-Q3MitigatedAnnual report
「Previous consolidated fiscal year: ¥11 million; third quarter of the current consolidated fiscal year: ¥0 million」
The carrying amount of trust borrowings associated with E-Ship decreased from ¥11 million to zero, eliminating the outstanding borrowings the Company may have to repay if the share price falls. - FY2020-Q2MitigatedAnnual report
「Previous consolidated fiscal year: ¥11 million; second quarter of the current consolidated fiscal year: ¥0 million」
The carrying amount of trust borrowings associated with E-Ship decreased from ¥11 million to zero, eliminating the outstanding borrowings the Company may have to repay if the share price falls. - FY2019MitigatedAnnual report
「Carrying amount of borrowings recognized under the gross method Previous consolidated fiscal year: ¥34 million; current consolidated fiscal year: ¥11 million」
The balance of trust borrowings associated with E-Ship decreased from ¥34 million to ¥11 million, reducing the borrowings the Company may have to repay if the share price falls. - FY2019-Q3RestatedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings under the guarantee.」
The guarantee of trust borrowings associated with E-Ship and the risk that the Company may repay outstanding borrowings if the share price falls continue to be disclosed. - FY2018RestatedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings under the guarantee.」
The guarantee of trust borrowings associated with E-Ship and the risk that the Company may repay outstanding borrowings if the share price falls continue to be disclosed. - FY2018-Q3RestatedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings under the guarantee.」
The guarantee of trust borrowings associated with E-Ship and the risk that the Company may repay outstanding borrowings if the share price falls continue to be disclosed. - FY2018-Q2RestatedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings under the guarantee.」
The guarantee of trust borrowings associated with E-Ship and the risk that the Company may repay outstanding borrowings if the share price falls continue to be disclosed. - FY2018-Q1RestatedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings under the guarantee.」
The guarantee of trust borrowings associated with E-Ship and the risk that the Company may repay outstanding borrowings if the share price falls continue to be disclosed. - FY2017First statedAnnual report
「Because the Company guarantees borrowings used by the dedicated trust to acquire the Company's shares, if a decline in the Company's share price causes an amount equivalent to losses on the sale of shares to accumulate in the dedicated trust and borrowings equivalent to those losses remain outstanding in the dedicated trust when the trust terminates, the Company will repay the outstanding borrowings under the guarantee.」
The Company discloses the risk that, in connection with its guarantee of borrowings by the E-Ship trust, it may repay the trust's outstanding borrowings if the share price falls.