Komori
Toyo Asano Foundation (5271) · InitiativeFirst stated

Renewed and strengthened enforcement of the credit and receivables management framework following bad debt occurrence

First written in FY2026. . Latest entry: FY2026.

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  1. FY2026First statedAnnual report

    「We take this matter seriously and, based on the results of our internal investigation, have decided to reaffirm our internal rules and further strengthen our management framework from both credit management and receivables management perspectives. We have already launched revised operating procedures, while systematically advancing plans to strengthen our comprehensive management framework. We will continue working to ensure that the matter does not recur and to build a stronger management foundation.」

    Following the recognition of an allowance for doubtful accounts for receivables from certain business partners, the company has explicitly identified the reaffirmation of internal rules for credit and receivables management, the launch of new operating procedures, and the strengthening of its comprehensive management framework as new measures.
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