Recognition of a provision for doubtful accounts against certain receivables
First written in FY2020-Q2. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 14 of 32 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In terms of earnings, the Company reported an operating loss of ¥149 million, compared with operating profit of ¥392 million in the previous fiscal year, due to the recognition of an allowance for doubtful accounts on certain receivables and a decline following the completion of a large project for the Group in the previous fiscal year.」
The recognition of an allowance for doubtful accounts on certain receivables, together with the decline following the completion of the large project in the previous fiscal year, is described as a factor contributing to the full-year operating loss in the food manufacturing equipment-related business. - FY2020-Q3RestatedAnnual report
「In terms of earnings, the Company reported an operating loss of ¥214 million, compared with operating profit of ¥384 million in the same period of the previous fiscal year, due to the recognition of an allowance for doubtful accounts on certain receivables and a decline following the completion of a large project for the Group in the previous fiscal year.」
The recognition of an allowance for doubtful accounts on certain receivables, together with the decline following the completion of the large project in the previous fiscal year, continues to be described as a factor contributing to the operating loss in the food manufacturing equipment-related business. - FY2020-Q2First statedAnnual report
「In terms of profit, the business posted an operating loss of ¥189 million, compared with operating profit of ¥345 million in the same period of the previous year, due to the recognition of an allowance for doubtful accounts on certain receivables and the decline following a large order for group companies in the previous fiscal year.」
The recognition of an allowance for doubtful accounts on certain receivables was explicitly disclosed for the first time as a factor contributing to the operating loss in the food manufacturing equipment-related business.