After reviewing the collectability of loans totaling 64,444 thousand yen to a borrower and the company\u2019s representative, the company determined there is a risk these claims may become uncollectible. Current recovery prospects are extremely bleak and an allowance for doubtful accounts has already been recorded. The company plans to maximize recovery, including legal measures.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3624","jir_company_name":"Axel Mark Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3624-20261022-02.pdf","jir_short_summary":"After reviewing the collectability of loans totaling 64,444 thousand yen to a borrower and the company\u2019s representative, the company determined there is a risk these claims may become uncollectible. Current recovery prospects are extremely bleak and an allowance for doubtful accounts has already been recorded. The company plans to maximize recovery, including legal measures.","jir_summary":"### Overview and Background\nToday, Axel Mark Inc. announced that after examining the collectability of loans totaling approximately 64,444 thousand yen to a borrower and the company\u2019s representative, it determined there is a risk the claims may become uncollectible. The breakdown is 50,970 thousand yen to the company representative personally and 13,473 thousand yen to the borrower with a joint guarantor of the representative, totaling 64,444 thousand yen. Although some repayments were made since April 2026, the representative has notified the company of consideration of a personal bankruptcy filing, making recovery prospects extremely poor.\n\n### Future Response and Impact\nThe company will continue negotiations with the borrower and monitor repayment status, and will consider legal actions including claims against joint guarantors to maximize recovery. However, as the representative is judged to lack financial ability, recovery is expected to be difficult. If bankruptcy proceedings or other legal reorganizations occur, the company will take appropriate actions. The outstanding balance of 64,444 thousand yen corresponds to 18.6% of consolidated net assets of 345,417 thousand yen as of June 30, 2026.","jir_financial_highlights":"Total loans receivable: 64,444 (Unknown)\nConsolidated net assets: 345,417 (Equivalent to 18.6% compared with consolidated net assets as of June 30, 2026)","jir_category":"","jir_hashtags":"#AxelMarkClaims, #DisclosureUpdate, #FinancialRisk","jir_key_figures":"Total loans receivable: 64,444 thousand yen\nBreakdown: Loans (to the company representative personally) 50,970 thousand yen; Loans (to the borrower) 13,473 thousand yen\nConsolidated net assets: 345,417 thousand yen (as of 2026\/06\/30; the outstanding loan balance corresponds to 18.6%)","jir_meta_title":"Axel Mark Inc. Notice on Receivable Recovery Risk | October 2026","jir_meta_description":"Axel Mark Inc. announced that after reviewing collectability of loans totaling 64,444 thousand yen to a borrower and the company representative, there is a risk the claims may be uncollectible. The company will seek to maximize recovery, including legal measures, and discloses the relationship between loan balance and consolidated net assets.","jir_og_title":"Axel Mark Inc. Notice on Receivable Recovery Risk | October 2026","jir_og_description":"A review found a risk of uncollectible loans totaling 64,444 thousand yen. The company will consider legal measures to maximize recovery and discloses the relationship with consolidated net assets.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61293,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-133286","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n