TRUST Holdings (3286) · PolicyRestated
Recording an allowance for doubtful accounts on general receivables based on the historical bad debt rate
First written in FY2018-Q1. 1 of 2 entries say "Restated". Latest entry: FY2018.
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- FY2018RestatedAnnual report
「For general receivables, the Company records an allowance based on the historical bad debt rate. For specified receivables, such as receivables at risk of default, it records the estimated uncollectible amount after individually assessing collectibility.」
The Company continues to apply an accounting policy of provisioning for general receivables based on the historical bad debt rate and individually assessing specified receivables. - FY2018-Q1First statedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, an allowance for doubtful accounts for general receivables has been recognized based on the historical loss rate, and ¥12.232 million was recognized as provision for doubtful accounts.」
Beginning in the first quarter of the fiscal year, the Company began recording an allowance for doubtful accounts for general receivables using the historical bad debt rate.