Increase in Allowance for Doubtful Accounts Due to Worsening Customer Financial Conditions
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 14 of 32 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In addition, in accordance with our credit management regulations, we manage the due dates and outstanding balances for each counterparty and work to prevent the occurrence of bad debts due to deteriorating financial conditions and other factors.」
The risks of bad debts and collection problems due to deterioration in customers' financial condition, and ongoing management of due dates and outstanding balances for each counterparty, continue. - FY2022RestatedAnnual report
「If customers' operating performance or other conditions deteriorate rapidly, resulting in frequent collection delays or defaults, the company's financial condition and operating performance may be adversely affected. The company also manages due dates and outstanding balances for each counterparty in accordance with its credit management rules and works to prevent bad debts arising from deterioration in financial condition or other factors.」
The risk of bad debts and collection problems due to deterioration in customers' financial condition, and the response through credit management, continue. - FY2020RestatedAnnual report
「If a customer's financial condition deteriorates, the allowance will increase and may adversely affect the company's financial condition and operating performance. The company also gathers information on customers' financial condition and manages its customer relationships.」
The risk of an increase in the allowance for doubtful accounts due to deterioration in customers' financial condition, and the response through customer management, continue. - FY2018RestatedAnnual report
「If a customer's financial condition deteriorates, the allowance will increase and may adversely affect the company's financial condition and operating performance.」
The risk of an increase in the allowance for doubtful accounts due to deterioration in customers' financial condition continues. - FY2016First statedAnnual report
「If a customer's financial condition deteriorates, the allowance will increase.」
This indicates that deterioration in customers' financial condition may affect the allowance for doubtful accounts and operating performance.