Credit Risk Management for Trade Receivables and Long-Term Loans
First written in FY2019. 6 of 14 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2026-H1.
Jorudan moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2023: 10 of 36 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1Increase in accounts receivable and contract assets and decrease in allowance for doubtful accountsAnnual report
「This was due to accounts receivable and contract assets increasing by ¥211.877 million to ¥852.710 million, among other factors.」
Accounts receivable and contract assets increased from ¥640.833 million at the end of the previous fiscal year to ¥852.710 million, while the allowance for doubtful accounts decreased from ¥30.352 million to ¥26.535 million. - FY2024-Q2MitigatedAnnual report
「The main reason for the larger decrease in the allowance for doubtful accounts was the write-off of the allowance for a specific customer recognized in the same quarter of the previous year, which was reversed through loss recognition.」
The allowance for doubtful accounts decreased from ¥56.240 million at the end of the previous consolidated fiscal year to ¥27.745 million, mainly because the allowance for a specific customer recognized in the same period of the previous year was reversed. - FY2024-Q1WorsenedAnnual report
「The increase in the allowance for doubtful accounts was due to the newly recognized allowance for certain receivables related to the hardware business, among other factors.」
A new allowance for doubtful accounts was recognized for certain receivables related to the hardware business, increasing the allowance by ¥27.544 million from ¥56.240 million at the end of the previous fiscal year to ¥83.784 million. - FY2023WorsenedAnnual report
「This was due to cash and deposits decreasing by ¥364.339 million to ¥3,281.817 million and the allowance for doubtful accounts increasing by ¥38.491 million to ¥56.240 million, among other factors.」
Following the consolidation of エアーズ and other factors, accounts receivable, contract assets and the allowance for doubtful accounts increased, with the allowance balance rising from ¥17.748 million at the end of the previous fiscal year to ¥56.240 million. - FY2023-Q2WorsenedAnnual report
「Allowance for doubtful accounts △ ¥17.748 million △ ¥51.440 million」
The allowance for doubtful accounts increased from ¥17.748 million at the end of the previous consolidated fiscal year to ¥51.440 million, indicating increased provision for credit risk. - FY2023-Q1Increase in receivables and decrease in allowance for doubtful accounts following consolidation of エアーズAnnual report
「The increase in notes, accounts receivable and contract assets was due to the acquisition of shares in エアーズ and its resulting designation as a newly consolidated subsidiary, which led to the recognition of its notes, accounts receivable and contract assets, among other factors.」
Following the consolidation of エアーズ, notes, accounts receivable and contract assets increased by ¥35.804 million, while the allowance for doubtful accounts decreased from ¥17.748 million to ¥17.182 million. - FY2022WorsenedAnnual report
「Allowance for doubtful accounts △ ¥7.141 million △ ¥17.748 million」
The allowance for doubtful accounts increased from ¥7.141 million at the end of the previous fiscal year to ¥17.748 million, indicating increased provision for credit risk. - FY2022-Q3WorsenedAnnual report
「Allowance for doubtful accounts △ ¥7.141 million △ ¥17.601 million」
The allowance for doubtful accounts increased from ¥7.141 million at the end of the previous consolidated fiscal year to ¥17.601 million, indicating increased provision for credit risk. - FY2022-Q2WorsenedAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) △ ¥427 thousand ¥9.233 million」
The change in the allowance for doubtful accounts shifted from a decrease in the same period of the previous year to an increase of ¥9.233 million, and the allowance balance also increased from ¥7.141 million to ¥17.127 million. Provision for credit risk has increased. - FY2022-Q1Decrease in operating receivables and long-term loans receivableAnnual report
「The decrease in notes, accounts receivable and contract assets was due to the decrease in sales in the first quarter of the current consolidated fiscal year compared with the fourth quarter of the previous consolidated fiscal year, among other factors.」
Notes, accounts receivable and contract assets amounted to ¥464.646 million, while long-term loans receivable amounted to ¥16.698 million, with both decreasing from the end of the previous fiscal year. - FY2021Decrease in long-term loans receivable and increase in accounts receivableAnnual report
「Notes and accounts receivable amounted to ¥556.630 million and long-term loans receivable to ¥19.770 million. At the end of the previous consolidated fiscal year, notes and accounts receivable amounted to ¥477.103 million and long-term loans receivable to ¥92.169 million.」
Accounts receivable subject to credit risk increased, while long-term loans receivable decreased from ¥92.169 million to ¥19.770 million. - FY2021-Q3Decrease in credit exposureAnnual report
「Investments and other assets decreased, mainly because investment securities and long-term loans receivable declined following the sale of shares in an affiliate and the elimination of shares in a newly consolidated subsidiary and long-term loans receivable from that subsidiary.」
Long-term loans receivable decreased from ¥92.169 million to ¥22.824 million due to the sale of shares in an affiliate and elimination resulting from a change in the scope of consolidation. - FY2020-Q3New loans originatedAnnual report
「Investments and other assets increased slightly overall, as long-term loans receivable increased due to new loans to customers, despite decreases in investment securities resulting from the recognition of impairment losses on investment securities and other factors.」
The company disclosed that long-term loans receivable increased as a result of new loans to customers, adding actual credit exposure related to operating receivables and long-term loans receivable. - FY2019First statedAnnual report
「Notes and accounts receivable, which are operating receivables, and long-term loans receivable are exposed to the credit risk of customers. The group manages due dates and outstanding balances for each customer in accordance with its credit management regulations, while seeking to identify and mitigate early any concerns over collection arising from deterioration in financial condition and other factors.」
The company recognizes credit risk related to operating receivables and long-term loans receivable and manages it through credit management regulations, due-date and balance monitoring, and the early identification of collection concerns.