Bad debt risk arising from deterioration in customers’ financial condition
First written in FY2019. 4 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2019: 1 of 11 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If a client company’s financial condition deteriorates in the future and its ability to pay or other factors decline, an allowance may need to be recorded or a bad debt loss may arise.」
The possibility of recognizing an allowance for doubtful accounts or incurring a bad debt loss due to declines in client companies’ financial condition or ability to pay was reaffirmed. - FY2022RestatedAnnual report
「If a client company’s financial condition deteriorates in the future and its ability to pay or other factors decline, an allowance may need to be recorded or a bad debt loss may arise.」
The possibility of recognizing an allowance for doubtful accounts or incurring a bad debt loss due to a decline in client companies’ financial condition or ability to pay was reaffirmed. - FY2021RestatedAnnual report
「If a customer’s financial condition deteriorates in the future and its ability to pay or other factors decline, an allowance may need to be recorded or a bad debt loss may arise.」
The possibility of recognizing an allowance for doubtful accounts or incurring a bad debt loss due to declines in customers’ financial condition or ability to pay was reaffirmed. - FY2020RestatedAnnual report
「If a customer’s financial condition deteriorates in the future and its ability to pay or other factors decline, an allowance may need to be recorded or a bad debt loss may arise.」
The possibility of recognizing an allowance for doubtful accounts or incurring a bad debt loss due to declines in customers’ financial condition or ability to pay was reaffirmed. - FY2019First statedAnnual report
「If a customer’s financial condition deteriorates in the future and its ability to pay or other factors decline, an allowance may need to be recorded or a bad debt loss may arise.」
The possibility of recognizing an allowance for doubtful accounts or incurring a bad debt loss due to a decline in customers’ financial condition or ability to pay was disclosed for the first time as a risk relating to significant accounting estimates.