Komori
Daikoku Denki (6430) · RiskMitigated

Reduction in bad-debt risk following the completion of bankruptcy proceedings for a customer pachinko-machine manufacturer

First written in FY2018-Q2. 1 of 1 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2018-Q2.

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Elimination of bad-debt risk following the conclusion of a business-partner manufacturer's bankruptcy proceedingsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2018-Q2MitigatedAnnual report

    「Segment profit exceeded the same period of the previous year, mainly due to the reversal of the allowance for doubtful accounts following the decision in July 2017 to conclude the bankruptcy proceedings for a customer pachinko-machine manufacturer, which began in April 2015.」

    The credit risk associated with the bankruptcy of a customer manufacturer had actually materialized, but the allowance for doubtful accounts was reversed following the conclusion of the proceedings in July 2017, and the risk event is described as having ended.
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