Collectibility of receivables from related companies with negative net worth
First written in FY2025. 1 of 3 entries say "Materialised", first in 2026-04-30. Latest entry: FY2026.
Riso Kyoiku Group moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Accounts receivable from equity-method affiliates 417,368 Long-term loans to equity-method affiliates 1,492,610 Allowance for doubtful accounts 78,211」
Following the transition to a holding company structure, the filing continues to disclose receivables from equity-method affiliates and the allowance for doubtful accounts. The policy of assessing individually the recoverability of receivables from equity-method affiliates with negative net worth also continues. - 2026-04-30MaterialisedGeneral Meetings of Shareholders
「The Company recorded an allowance for doubtful accounts of ¥78,211 thousand against loans to Sunadai TOMAS Co., Ltd. It also recorded an amount transferred to the allowance for doubtful accounts of ¥581 thousand during the fiscal year.」
The disclosure records an allowance for doubtful accounts of ¥78,211 thousand against long-term loans of ¥192,610 thousand to Sunadai TOMAS, together with an allowance provision expense of ¥581 thousand for the fiscal year, making the risk concerning the collectability of receivables from an affiliate concrete through expenses and provisions. - FY2025First statedAnnual report
「For receivables from equity-method affiliates with negative net worth, the Company assesses recoverability individually after considering their financial position, business results and other circumstances, and records the amount expected to be uncollectible as an allowance for doubtful accounts.」
The Company disclosed ¥9,298 thousand in accounts receivable from equity-method affiliates, ¥192,610 thousand in long-term loans to equity-method affiliates and a fixed allowance for doubtful accounts of ¥77,629 thousand, treating recoverability as a significant accounting estimate.