Credit concerns and bad-debt risk involving business partners and loan recipients
First written in FY2019. 4 of 16 entries say "Mitigated", first in FY2024-Q3. Latest entry: FY2026.
Matsuoka moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2023: 10 of 36 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The balance of provision for doubtful accounts recognized under investments and other assets decreased from ¥1,022 million at the end of the previous consolidated fiscal year to ¥781 million at the end of the current consolidated fiscal year.」
The balance of provision for doubtful accounts decreased by ¥241 million from the end of the previous fiscal year, reducing the provision burden for the credit risk of customers and borrowers. - FY2026-H1MitigatedAnnual report
「Provision for doubtful accounts △1,022 △992」
The balance of provision for doubtful accounts recognized under investments and other assets decreased from ¥1,022 million at the end of the previous consolidated fiscal year to ¥992 million at the end of the interim period. - FY2025Balance of provision for doubtful accounts increased slightlyAnnual report
「Provision for doubtful accounts △983 △1,022」
The balance of provision for doubtful accounts recognized under investments and other assets increased by ¥39 million, from ¥983 million at the end of the previous fiscal year to ¥1,022 million at the end of the current fiscal year. - FY2025-H1Allowance for doubtful accounts balance increasedAnnual report
「Provision for doubtful accounts △983 △1,020」
The balance of provision for doubtful accounts recognized under investments and other assets increased from ¥983 million at the end of the previous consolidated fiscal year to ¥1,020 million at the end of the interim period. - FY2024MitigatedAnnual report
「The balance of provision for doubtful accounts recognized under investments and other assets decreased from ¥1,875 million at the end of the previous consolidated fiscal year to ¥983 million at the end of the current consolidated fiscal year.」
The balance of provision for doubtful accounts decreased by ¥892 million from the end of the previous fiscal year, reducing the provision burden for the credit risk of customers and borrowers. - FY2024-Q3MitigatedAnnual report
「Provision for doubtful accounts △1,875 △863」
The balance of provision for doubtful accounts recognized under investments and other assets decreased from ¥1,875 million at the end of the previous consolidated fiscal year to ¥863 million at the end of the third quarter. The provision balance for credit risk has declined from the previous disclosure. - FY2024-Q2Balance of provision for doubtful accounts continues to increaseAnnual report
「Provision for doubtful accounts △1,875 △1,941」
The balance of provision for doubtful accounts recognized under investments and other assets increased from ¥1,875 million at the end of the previous consolidated fiscal year to ¥1,941 million at the end of the second quarter. - FY2024-Q1Balance of provision for doubtful accounts continues to increaseAnnual report
「Provision for doubtful accounts △1,875 △1,904」
The balance of provision for doubtful accounts recognized under investments and other assets increased from ¥1,875 million at the end of the previous consolidated fiscal year to ¥1,904 million at the end of the first quarter. - FY2023Provision for doubtful accounts against affiliated companies increasedAnnual report
「The Company recognized ¥855 million in provision for doubtful accounts against long-term loans and ¥179 million in provision for doubtful accounts against long-term accrued receivables.」
A total of ¥1,034 million in provision for doubtful accounts was recognized against long-term loans and long-term accrued receivables to affiliated companies and other parties, up from a total of ¥982 million in the previous fiscal year. - FY2023-Q2Balance of provision for doubtful accounts continues to increaseAnnual report
「Provision for doubtful accounts △1,766 △1,931」
The balance of provision for doubtful accounts recognized under investments and other assets increased from ¥1,766 million at the end of the previous consolidated fiscal year to ¥1,931 million at the end of the second quarter. - FY2023-Q1Allowance for doubtful accounts balance increasedAnnual report
「Provision for doubtful accounts △1,766 △1,851」
The balance of provision for doubtful accounts recognized under investments and other assets increased from ¥1,766 million at the end of the previous consolidated fiscal year to ¥1,851 million at the end of the first quarter. - FY2022WorsenedAnnual report
「The Company recognized ¥812 million in provision for doubtful accounts against long-term loans and ¥170 million in provision for doubtful accounts against long-term accrued receivables.」
A total of ¥982 million in provision for doubtful accounts was recognized against long-term loans and long-term accrued receivables to affiliated companies and other parties, and the provision burden related to credit risk continues. - FY2021-Q3MaterialisedAnnual report
「Provision expense for doubtful accounts 47」
¥47 million in provision expense for doubtful accounts was recognized in non-operating expenses for the cumulative third quarter of the 65th fiscal year, and losses related to credit risk continue to be recognized. - FY2021-Q2MaterialisedAnnual report
「Provision expense for doubtful accounts 47」
¥47 million in provision expense for doubtful accounts was recognized in non-operating expenses for the cumulative second quarter, and losses related to credit risk continue to be recognized. - FY2020WorsenedAnnual report
「Ordinary income was ¥2,523 million, down 22.3% year on year, mainly due to the recognition of ¥345 million in provision expense for doubtful accounts against receivables related to the bag business.」
With respect to the credit risk of customers and borrowers, ¥345 million in provision expense for doubtful accounts related to bag business receivables and an additional provision against receivables from affiliated companies were recognized, with the impact of losses continuing and expanding. - FY2019MaterialisedAnnual report
「Although the Group has established an internal system for regularly monitoring the business conditions and creditworthiness of business partners, losses could arise from bad debts caused by credit concerns involving business partners or from unexpected business failures, potentially affecting the financial position and operating results of the Group.」
Credit concerns and bad debt risk were disclosed explicitly for the first time. In terms of actual results, the disclosures include ¥763 million in provision expense for doubtful accounts at a subsidiary and ¥580 million in provision for doubtful accounts against long-term loans to an affiliated company, indicating that part of the credit risk has materialized as losses and provisions.