Funds tied up due to deterioration in customers' creditworthiness
First written in FY2016. 3 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Revenue 6,445 5,666」
At the end of the current fiscal year, revenue for which consideration had not been determined in construction-included stud sales declined from ¥6.445 million in the previous fiscal year to ¥5.666 million. However, uncertainty regarding the outcome of price negotiations remains. - FY2025Decline in revenue for which consideration has not been determinedAnnual report
「Revenue 16,923 6,445」
At the end of the current fiscal year, revenue for which consideration had not been determined in construction-included stud sales declined from ¥16.923 million in the previous fiscal year to ¥6.445 million. However, uncertainty regarding the outcome of price negotiations continues to be disclosed. - FY2024WorsenedAnnual report
「Significant accounting estimate Variable consideration in construction-included stud sales Revenue 10,976 16,923」
Revenue exceeding the order amount in construction-included stud sales increased from ¥10.976 million in the previous fiscal year to ¥16.923 million, further highlighting the uncertainty surrounding variable consideration tied to the outcome of price negotiations. - FY2023WorsenedAnnual report
「In construction-included stud sales in the Building Materials segment, the Company has recorded revenue exceeding the order amount. Although a change in the scope of the contract has been agreed, the consideration for this revenue has not been determined and may vary for the portion relating to the change.」
Revenue exceeding the order amount in construction-included stud sales was ¥10.976 million (¥8.534 million in the previous fiscal year), and the uncertainty of estimates regarding the outcome of price negotiations was disclosed. In addition to the risk of prolonged collection, the uncertainty surrounding variable consideration has become more concrete. - FY2021Recognition of allowance for doubtful accountsAnnual report
「Allowance for doubtful accounts - ¥5 million」
An allowance for doubtful accounts of ¥5 million was recorded on the balance sheet for the current period. This is an accounting provision related to price negotiations and the risk of prolonged collection in construction-included stud sales; it does not establish that an actual bad debt occurred. - FY2020WorsenedAnnual report
「For construction-included stud sales in the Building Materials segment, the order amount is determined based on the quantity specified in the design, and revenue is earned according to the quantity constructed. However, for some construction projects, the amount may exceed the order amount before completion of the work, in which case price negotiations with the customer may be required, including a detailed review of the design changes and construction status, for the excess amount.」
In addition to the general risk of deterioration in customers' creditworthiness, the Company identifies the specific risk that price negotiations may arise for amounts exceeding the order value in construction-included stud sales, potentially leading to prolonged collection of receivables. - FY2019RestatedAnnual report
「Funds may become tied up due to poor performance or other issues at customers, resulting in lower cash flow.」
The Company continues to indicate the possibility that funds may become tied up and cash flow may decline due to poor performance or other issues at customers. - FY2018RestatedAnnual report
「Funds may become tied up due to poor performance or other issues at customers, resulting in lower cash flow.」
The Company continues to indicate the possibility that funds may become tied up and cash flow may decline due to poor performance or other issues at customers. - FY2017RestatedAnnual report
「Funds may become tied up due to poor performance or other issues at customers, resulting in lower cash flow.」
The Company continues to indicate the possibility that funds may become tied up and cash flow may decline due to poor performance or other issues at customers. - FY2016First statedAnnual report
「Funds may become tied up due to poor performance or other issues at customers, resulting in lower cash flow.」
Delays in collecting and converting trade receivables into cash due to poor performance or other issues at customers are identified as a cash flow risk.