Collection Risk on Loans to Unconsolidated Subsidiaries
First written in FY2021. 2 of 4 entries say "Worsened", first in FY2022. Latest entry: FY2024.
E-Supportlink moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2024Updated for loan balances and allowance amountsAnnual report
「The company recognised an allowance for doubtful accounts of ¥98.899 million against the period-end balance of long-term loans receivable.」
The balance of long-term loans to an unconsolidated subsidiary was ¥98.899 million, and an allowance for doubtful accounts was recognised for the same amount. - FY2023WorsenedAnnual report
「The company recognised an allowance for doubtful accounts of ¥100 million against the period-end balance of long-term loans receivable.」
Long-term loans to an unconsolidated subsidiary increased to ¥120 million, and an allowance for doubtful accounts of ¥100 million was recognised. The loan balance increased from the previous fiscal year. - FY2022WorsenedAnnual report
「The company recognised an allowance for doubtful accounts of ¥100 million against the period-end balance of long-term loans receivable.」
Long-term loans to an unconsolidated subsidiary amounted to ¥110 million, and an allowance for doubtful accounts of ¥100 million, equivalent to the entire amount, was recognised. - FY2021First statedAnnual report
「The company recognised a total allowance for doubtful accounts of ¥100 million against the period-end balance of long-term loans receivable during the consolidated fiscal year. It also recognised a ¥48 million provision for allowance for doubtful accounts during the consolidated fiscal year.」
It was identified for the first time as an independent risk that the company recognised an allowance for doubtful accounts against the full ¥100 million period-end balance of long-term loans to an unconsolidated subsidiary, including a ¥48 million provision during the fiscal year.