Collection risk on trade receivables from unlisted customers and others in the Real Estate DX Business
First written in FY2022. 1 of 2 entries say "Worsened", first in FY2023. Latest entry: FY2023.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2023WorsenedAnnual report
「Notes and accounts receivable of ¥2,721.757 million were recorded on the consolidated balance sheet for the consolidated fiscal year. Of this amount, ¥1,984.870 million related to the real estate DX business, against which an allowance for doubtful accounts of ¥129.760 million was recorded.」
Trade receivables related to the real estate DX business increased from ¥1,450.622 million in FY2022 to ¥1,984.870 million, while the allowance for doubtful accounts increased from ¥97.455 million to ¥129.760 million. Exposure to the risk associated with the collectability of receivables from unlisted companies and individuals, among others, has increased. - FY2022First statedAnnual report
「Most sales in the real estate DX business are to unlisted companies, such as renovation contractors and real estate companies, and to individuals. Because the information available on these customers is limited compared with listed companies, evaluating the collectability of receivables relies heavily on management's subjective judgment, which may affect the amount of allowance for doubtful accounts recognized in the consolidated financial statements for the following consolidated fiscal year.」
Of ¥2,211.319 million in notes and accounts receivable related to the real estate DX business, ¥1,450.622 million relates to the real estate DX business, against which an allowance for doubtful accounts of ¥97.455 million was recognized. The company disclosed the risk involved in assessing the collectability of receivables from unlisted customers and individuals, among others.