Short-term recovery from a special factor related to the allowance for doubtful accounts
First written in FY2024-Q2. 3 of 5 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 14 of 32 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Provision for doubtful accounts ¥34.232 million △ ¥2.485 million」
The provision for doubtful accounts related to the major customer’s civil rehabilitation proceedings fell from ¥34.232 million in the same period of the previous year to negative ¥2.485 million, reducing the impact of the special factor on profit or loss. - FY2025AdvancedAnnual report
「Operating income increased sharply as the decrease in selling, general and administrative expenses resulting from lower provisions for doubtful accounts and bad debt losses exceeded the decrease in gross profit.」
Regarding the temporary special factor associated with the major customer’s civil rehabilitation proceedings, bad debt losses fell from ¥419 million to zero and the provision for doubtful accounts fell from ¥133 million to ¥28 million, contributing to an increase in operating income. - FY2025-H1AdvancedAnnual report
「Selling, general and administrative expenses decreased because no provision for doubtful accounts was recognized in connection with the filing for commencement of civil rehabilitation proceedings by a major customer in the display field in May of the previous fiscal year, resulting in a significant increase.」
The provision for doubtful accounts recognized in the previous fiscal year did not arise in the interim period under review, confirming progress in the short-term recovery through a significant increase in operating income. - FY2024The Impact of the Special Factor Persists Throughout the Fiscal YearAnnual report
「Selling, general and administrative expenses excluding the aforementioned temporary factor, the bad debt, had generally followed the expected trend, but increased slightly due to the strengthening of human capital, and expenses related to the bad debt were added, resulting in a significant decrease in operating income.」
Although the provision for doubtful accounts and other items is identified as a temporary special factor, its impact significantly reduced operating income for the full fiscal year, and no achievement of a short-term recovery has been indicated. - FY2024-Q2First statedAnnual report
「Accordingly, the company will also work to recover from this temporary special factor as a short-term initiative.」
The company has for the first time identified the recognition of an allowance for doubtful accounts associated with a major customer’s civil rehabilitation proceedings as a temporary special factor and explicitly stated its initiative to recover the impact in the short term.