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Technologies (5248) · RiskFirst stated

Bad Debt and Work-in-Process Valuation Losses Due to Customer’s Civil Rehabilitation Proceedings

First written in FY2023. . Latest entry: FY2023.

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Bad Debt and Work-in-Process Valuation Losses Due to Customer’s Civil Rehabilitation ProceedingsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2023First statedAnnual report

    「During the first quarter, the Company recorded a provision for doubtful accounts of ¥27.500 million against trade receivables following a customer's application to commence civil rehabilitation proceedings, and an inventory valuation loss of ¥15.954 million on work in progress for projects ordered by that customer.」

    This is an actual case in which a customer applied to commence civil rehabilitation proceedings, resulting in a provision for doubtful accounts and an inventory valuation loss.
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Bad Debt and Work-in-Process Valuation Losses Due to Customer’s Civil Rehabilitation Proceedings | TECHNOLOGIES,Inc. (5248) | Komori