Business Partner Credit and Receivables Collection Risk
First written in FY2016. 14 of 35 entries say "Restated". Latest entry: FY2026.
Nichiwa Sangyo moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
16 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) △21 △373」
The allowance for doubtful accounts decreased by ¥373 million, easing the provisioning burden from the previous fiscal year’s increase. Meanwhile, long-term loans receivable increased, and credit risk management remains ongoing. - 2026-05-12MitigatedRevision to earnings forecast
「Change in allowance for doubtful accounts (△ indicates a decrease) △21 △373」
貸倒引当金の増減額は前年の21百万円の減少から、当期は373百万円の減少となっている。 - FY2026-H1WorsenedAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 15 21」
The change in the allowance for doubtful accounts was ¥21 million, compared with ¥15 million in the same period of the previous year. The allowance balance also increased, from ¥232 million to ¥243 million for current assets and from ¥1,718 million to ¥1,729 million for investments and other assets. - FY2025MitigatedAnnual report
「This was due to an increase of ¥197.7 million in cash and deposits, together with decreases of ¥313.1 million in accounts receivable, ¥54.7 million in notes receivable, and ¥11.6 million in the allowance for doubtful accounts.」
Trade receivables and the allowance for doubtful accounts decreased, and a reversal of allowance for doubtful accounts of ¥186 million was also recognized. The burden associated with credit and collection has eased from the previous fiscal year. - FY2025-H1Item-by-item changes in the allowance for doubtful accountsAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 12 15」
The change in the allowance for doubtful accounts was ¥15 million, compared with ¥12 million in the same period of the previous year. Meanwhile, the allowance for doubtful accounts for current assets decreased from ¥349 million to ¥236 million, while the allowance for doubtful accounts for investments and other assets increased from ¥1,810 million to ¥1,938 million. - FY2024Decrease in allowance for doubtful accounts alongside increase in accounts receivableAnnual report
「Total current assets at the end of the current consolidated fiscal year were ¥2,560 million, compared with ¥2,251.1 million at the end of the previous consolidated fiscal year, an increase of ¥308.8 million. This was due to a decrease of ¥38.2 million in raw materials and supplies, and increases of ¥185.8 million in cash and deposits and ¥148.2 million in accounts receivable.」
Accounts receivable increased by ¥148.2 million, while the allowance for doubtful accounts decreased from ¥2,774 million in the previous fiscal year to ¥2,159 million. Items related to credit and collection moved in opposite directions. - FY2024-Q3Increase in trade receivables and item-by-item changes in the allowance for doubtful accountsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥328.2 million from the end of the previous consolidated fiscal year to ¥3,299.1 million. This was mainly due to increases of ¥144.9 million in cash and deposits and ¥205.4 million in notes and accounts receivable.」
Notes and accounts receivable increased by ¥205.4 million. Meanwhile, the allowance for doubtful accounts for current assets decreased from ¥558 million to ¥466 million, while the allowance for doubtful accounts for investments and other assets increased from ¥2,216 million to ¥2,272 million, with the provisioning burden associated with credit and collection changing by item. - FY2024-Q2Decrease in provision for doubtful accounts and increase in allowance for investments and other assetsAnnual report
「Provision for doubtful accounts 83 million 12 million」
The provision for doubtful accounts for the cumulative second quarter of the current consolidated fiscal year was ¥12 million, down from ¥83 million in the same period of the previous year. Meanwhile, the allowance for doubtful accounts related to investments and other assets increased from ¥2,216 million to ¥2,305 million, with the credit and collection burden changing by item. - FY2023WorsenedAnnual report
「The key assumptions, including changes in livestock product market conditions resulting from animal diseases, debtors’ earnings outlook and expected recoveries, and the value of collateral assets such as real estate, involve estimation uncertainty, and additional provisions for doubtful accounts may be recognized in the following fiscal year.」
The allowance for doubtful accounts increased from ¥2,633 million in the previous fiscal year to ¥2,774 million, and the possibility of additional provisions being recognized in the following fiscal year was also stated. - FY2023-Q3WorsenedAnnual report
「Allowance for doubtful accounts △ 377,456 △ 597,939」
The allowance for doubtful accounts for current assets increased from ¥377 million at the end of the previous consolidated fiscal year to ¥598 million, increasing the provisioning burden associated with customer credit and collection risk. - FY2023-Q2WorsenedAnnual report
「Allowance for doubtful accounts △ 377,456 △ 482,239」
The allowance for doubtful accounts for current assets increased from ¥377 million at the end of the previous consolidated fiscal year to ¥482 million, increasing the provisioning burden associated with customer credit and collection risk. - FY2023-Q1WorsenedAnnual report
「Allowance for doubtful accounts △ 377,456 △ 413,480」
The allowance for doubtful accounts for current assets increased from ¥377.456 million at the end of the previous consolidated fiscal year to ¥413.480 million, increasing the provisioning burden associated with collection risk. - FY2022MaterialisedAnnual report
「As a result, net sales were ¥44,906 million, up 12.5% year on year. In terms of profit, selling, general and administrative expenses increased because concerns arose regarding the collection of receivables from customers. Operating profit was ¥117 million, down 58.5% year on year, ordinary profit was ¥216 million, down 42.8%, and profit attributable to owners of the parent was ¥116 million, down 16.3%.」
Concerns regarding the collection of receivables from customers materialized, reducing profit through an increase in selling, general and administrative expenses. The change in the allowance for doubtful accounts was ¥406.777 million, and the allowance for doubtful accounts balance also increased. - FY2022-Q3WorsenedAnnual report
「Allowance for doubtful accounts △ 227,585 △ 308,712」
The allowance for doubtful accounts for current assets increased from ¥227.585 million at the end of the previous consolidated fiscal year to ¥308.712 million. The allowance burden associated with customer credit and receivables collection risk has expanded. - FY2022-Q2WorsenedAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 136,620」
An increase of ¥136 million in the allowance for doubtful accounts was recorded for the six-month period ended [current second quarter], and the allowance burden associated with receivables collection risk continued. - FY2022-Q1WorsenedAnnual report
「Allowance for doubtful accounts △ 227,585 △ 251,188」
The allowance for doubtful accounts for current assets increased from ¥227.585 million at the end of the previous consolidated fiscal year to ¥251.188 million. The allowance for doubtful accounts included in investments and other assets also increased from ¥1,999.620 million to ¥2,066.724 million. - FY2021WorsenedAnnual report
「Cash provided by operating activities was ¥1,263 million (¥1,539 million in the same period of the previous year). This was mainly attributable to the recording of depreciation expense of ¥556 million and profit before income taxes of ¥379 million, as well as an increase of ¥539 million in the allowance for doubtful accounts.」
The increase in the allowance for doubtful accounts was ¥539 million, and the allowance for doubtful accounts on the consolidated balance sheet also increased. The allowance burden associated with customer credit and receivables collection risk expanded. - FY2021-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It is stated that there has been no new occurrence or significant change in business and other risks, including customer credit and receivables collection risk. - FY2021-Q2WorsenedAnnual report
「Provision for doubtful accounts ¥121.832 million」
A provision of ¥121.832 million for doubtful accounts was recorded for the six-month period ended [current second quarter], resulting in an allowance burden related to receivables collection risk. - FY2021-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there has been no new occurrence or significant change in business and other risks, including customer credit and receivables collection risk. - FY2020WorsenedAnnual report
「Livestock product prices fluctuate according to supply and demand. They may also rise or fall independently of supply and demand or production costs. Consequently, livestock producers may be unable to earn income sufficient to cover production costs when livestock prices are depressed, which may make it difficult for our group to collect receivables.」
The risk of difficulty in collecting receivables due to depressed livestock product prices continues to be explicitly disclosed. The change in the allowance for doubtful accounts was ¥203.310 million. - FY2020-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
There has been no new occurrence or significant change in business and other risks, including customer credit and receivables collection risk. - FY2020-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2019WorsenedAnnual report
「The increase in the allowance for doubtful accounts of ¥190 million, profit before income taxes of ¥426 million, and depreciation expense of ¥406 million were recorded.」
An increase of ¥190 million in the allowance for doubtful accounts was recorded during the current fiscal year in connection with customer credit and receivables collection risk. - FY2019-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2019-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2018RestatedAnnual report
「Our group is exposed to the risk of collecting receivables from customers.」
Customer credit and receivables collection risk continues to be recognized, and the group manages due dates and balances, monitors the monthly credit status of major customers, and records allowances for doubtful accounts. - FY2018-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2018-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2018-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2017RestatedAnnual report
「Our group has implemented thorough risk management and recorded allowances, but completely avoiding the risk is difficult.」
Customer credit and receivables collection risk continues to be recognized, and the group manages due dates and balances, monitors the monthly credit status of major customers, and records allowances for doubtful accounts as part of its risk management. - FY2017-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2017-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2017-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
There has been no new occurrence or significant change in customer credit or receivables collection risk. - FY2016First statedAnnual report
「Our group is exposed to the risk of collecting receivables from customers.」
It is noted that producers may be unable to earn income sufficient to cover production costs due to fluctuations in livestock product prices and grain markets, making collection of receivables difficult.