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Okada Aiyon (6294) · RiskMaterialised

Bad debt and guarantee losses due to the bankruptcy of a specific customer

First written in FY2018-Q3. 1 of 1 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2018-Q3.

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Bad debt and guarantee losses caused by the bankruptcy of a specific customerA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2018-Q3MaterialisedAnnual report

    「Profit attributable to owners of the parent was ¥416.0 million, down 13.3% year on year, mainly because the Company recognized ¥209.3 million in extraordinary losses related to the bankruptcy of a customer.」

    In connection with the customer's bankruptcy, the Company recognized ¥209.3 million in extraordinary losses, including provisions for doubtful receivables and losses on guarantees, which resulted in an actual decline in net profit.
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Bad debt and guarantee losses due to the bankruptcy of a specific customer | OKADA AIYON CORPORATION (6294) | Komori