Procrea Holdings, Inc.
Regarding the Possibility of Uncollectible or Delayed Collection of Claims at Our Subsidiary
Due to the suspension of bank transactions imposed on Sapporo Shou Bussan Co., Ltd., a client of the consolidated subsidiary, there is a risk of uncollectible or delayed collection of loans totaling JPY 2,154 million. However, these are secured by collateral and provisions, and there is no revision to the earnings guidance.
Key Figures
- Loans: JPY 2,154 million (Ratio to consolidated net assets 1.29%)
- Date of suspension of bank transactions: 2026-02-09
- Portion secured by collateral and provisions: Fully reserved
AI要約
Overview of the Risk of Uncollectible or Delayed Collection of Claims
Sapporo Shou Bussan Co., Ltd., a client of Aomori Michinoku Bank, a consolidated subsidiary, was subjected to suspension of bank transactions effective February 9, 2026. As a result, there is a risk of uncollectible or delayed collection of loans totaling JPY 2,154 million to that company. Sapporo Shou Bussan Co., Ltd. is a Hokkaido Sapporo-based company engaged in wooden construction business and has no capital or human relationships with us.
Outlook and Impact on Business Performance
The unsecured portion of the loans is fully reserved through collateral and provisions, and there is no revision to the consolidated earnings guidance for the fiscal year ending March 2026. Investors are notified that the impact on performance is currently limited.
