Tsurumi Manufacturing (6351) · FactAllowance for doubtful accounts on loans to an affiliate
Management Support for アロイテクノロジー and Waiver of ¥950 Million in Receivables
First written in FY2024. . Latest entry: FY2026.
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- FY2026Allowance for doubtful accounts on loans to an affiliateAnnual report
「The ¥529 million provision for doubtful accounts on receivables from an affiliate relates to a long-term loan to アロイテクノロジー, a consolidated subsidiary of the Company.」
In connection with management support and investment in アロイテクノロジー, the company recorded a ¥529 million provision for doubtful accounts against the long-term loan. - FY2024First statedAnnual report
「The ¥950 million loss on the waiver of receivables from an affiliate resulted from the waiver of receivables undertaken to support the management of アロイテクノロジー, a consolidated subsidiary of the Company.」
The company waived ¥950 million of receivables to support the management of アロイテクノロジー and recorded the amount as a loss on the waiver of receivables from an affiliate.