Trade Receivables Collection and Bad-Debt Risk
First written in FY2016. 1 of 2 entries say "Worsened", first in FY2021. Latest entry: FY2021.
Yashima Denki moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
16 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「For certain customers recognized as having relatively high credit risk, timely access to credit information and other data has become difficult due to the spread of COVID-19, and the classification of trade receivables therefore involves management judgment.」
The disclosure states that the spread of the infectious disease made it difficult to obtain timely credit information for certain customers, requiring management judgment in classifying trade receivables. - FY2016First statedAnnual report
「We place particular emphasis on managing receivables. In addition to setting credit limits according to the nature of each customer’s business and financial strength, we obtain collateral or other security as necessary and continuously monitor customers’ credit conditions to prevent the occurrence of bad debts.」
While credit limits, collateral, and ongoing monitoring of credit conditions are cited as measures, increased provisions during an economic downturn are identified as a risk.