Guarantees of Debt of Consolidated Subsidiaries and Other Entities
First written in FY2022. 7 of 9 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2026-H1.
Altech moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 12 of 48 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「In connection with investments in consolidated subsidiary ALTECH ASIA PACIFIC CO.,LTD., the Company provides guarantees for investments and other amounts of SBCS CO.,LTD. and SMSB CO.,LTD., subsidiaries of Sumitomo Mitsui Banking Corporation, totaling ¥16.878 million (THB3.472 million) (¥16.045 million (THB3.472 million) in the previous consolidated fiscal year).」
The guarantee amount relating to investments and other amounts in ALTECH ASIA PACIFIC increased from ¥16.045 million in the previous consolidated fiscal year to ¥16.878 million. No guarantee payments are disclosed. - FY2025WorsenedAnnual report
「The Company recognized a provision for loss on guarantees of ¥613.752 million to cover losses related to guarantees of obligations of アルテック新材料株式会社.」
While total guarantees decreased from ¥3,659.640 million to ¥3,226.366 million, a provision of ¥613.752 million was recognized for expected losses arising from the performance of guarantees, in light of the deterioration in the financial condition of アルテック新材料. - FY2024WorsenedAnnual report
「Total 3,659,640」
Guarantee liabilities of the filing company increased from ¥2,510.844 million in the previous fiscal year to ¥3,659.640 million. Guarantees for 愛而泰可新材料（蘇州）有限公司 and 愛而泰可新材料（武漢）有限公司 increased particularly. - FY2024-Q2WorsenedAnnual report
「In connection with investments in consolidated subsidiary ALTECH ASIA PACIFIC CO.,LTD., the Company provides guarantees for investments and other amounts of SBCS CO.,LTD. and SMSB CO.,LTD., subsidiaries of Sumitomo Mitsui Banking Corporation, totaling ¥14.447 million (THB3.472 million) (¥14.204 million (THB3.472 million) in the previous consolidated fiscal year).」
The guarantee amount relating to investments and other amounts in ALTECH ASIA PACIFIC increased from ¥14.204 million in the previous consolidated fiscal year to ¥14.447 million. - FY2024-Q1WorsenedAnnual report
「In connection with investments in consolidated subsidiary ALTECH ASIA PACIFIC CO.,LTD., the Company provides guarantees for investments and other amounts of SBCS CO.,LTD. and SMSB CO.,LTD., subsidiaries of Sumitomo Mitsui Banking Corporation, totaling ¥14.343 million (THB3.472 million) (¥14.204 million (THB3.472 million) in the previous consolidated fiscal year).」
The guarantee amount relating to investments and other amounts in ALTECH ASIA PACIFIC increased from ¥14.204 million in the previous consolidated fiscal year to ¥14.343 million. - FY2023WorsenedAnnual report
「Total ¥2,510.844 million」
Guarantee liabilities for consolidated subsidiaries and others increased from ¥1,889.152 million in the previous fiscal year to ¥2,510.844 million. - FY2023-Q3WorsenedAnnual report
「In connection with investments in consolidated subsidiary ALTECH ASIA PACIFIC CO.,LTD., the Company provides guarantees for investments and other amounts of SBCS CO.,LTD. and SMSB CO.,LTD., subsidiaries of Sumitomo Mitsui Banking Corporation, totaling ¥14.794 million (THB3.472 million) (¥13.822 million (THB3.472 million) in the previous consolidated fiscal year).」
The guarantee amount relating to investments and other amounts in ALTECH ASIA PACIFIC increased from ¥13.822 million in the previous consolidated fiscal year to ¥14.794 million. - FY2023-Q1ReframedAnnual report
「In connection with investments in consolidated subsidiary ALTECH ASIA PACIFIC CO.,LTD., the Company provides guarantees for investments and other amounts of SBCS CO.,LTD. and SMSB CO.,LTD., subsidiaries of Sumitomo Mitsui Banking Corporation, totaling ¥13.787 million (THB3.472 million) (¥13.822 million (THB3.472 million) in the previous consolidated fiscal year).」
The disclosure includes, separately from guarantees of borrowings and other obligations, a guarantee relating to ¥13.787 million of investments and other amounts in ALTECH ASIA PACIFIC. - FY2022First statedAnnual report
「The Company provides the following guarantees for borrowings and other obligations from financial institutions and others of other companies. アルテック新材料株式会社 ¥1,389.931 million ALTECH ASIA PACIFIC CO., LTD. 24,501 PT.ALTECH ASIA PACIFIC INDONESIA 5,861 愛而泰可新材料（蘇州）有限公司 468,856 Total 1,889,152」
Guarantee liabilities for borrowings and other obligations of consolidated subsidiaries and others totaled ¥1,889.152 million. No guarantee payments or defaults are disclosed.