Customer credit risk relating to trade receivables
First written in FY2016. 3 of 17 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Sinko Industries moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 5 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The item recognized in the consolidated financial statements for the current consolidated fiscal year based on accounting estimates that could materially affect the consolidated financial statements for the following consolidated fiscal year is the allowance for doubtful accounts on trade receivables recorded by Shanghai Shinko Air Conditioning Equipment Co., Ltd., most of which relates to receivables at risk of default.」
Regarding customer credit risk associated with lengthy collection periods in China's construction industry, the allowance for doubtful accounts increased from ¥1,209 million in the previous fiscal year to ¥1,398 million. - 2026-05-29WorsenedGeneral Meetings of Shareholders
「Amount recorded in the consolidated financial statements for the fiscal year: ¥1,487 million, including ¥1,398 million for Shanghai SINKO Air Conditioning Equipment Co., Ltd.」
The company states that the allowance for doubtful accounts was ¥1,487 million and that, because the average collection period for receivables in China's construction industry is long, changes in credit risk and declines in debtors' ability to pay could materially affect the estimated allowance for doubtful accounts. - FY2026-H1Decrease in allowance for doubtful accountsAnnual report
「Allowance for doubtful accounts △ 1,283 △ 1,136」
The allowance for doubtful accounts for current assets decreased from ¥1,283 million at the end of the previous consolidated fiscal year to ¥1,136 million at the end of the current interim period. - FY2025Increase in Allowance for Doubtful AccountsAnnual report
「Amount recognized in the consolidated financial statements for the current consolidated fiscal year Allowance for doubtful accounts 1,090 1,209」
Regarding customer credit risk from lengthy collection periods in China's construction industry, the allowance for doubtful accounts increased from ¥1,090 million in the previous fiscal year to ¥1,209 million. - FY2025-H1Increase in Allowance for Doubtful AccountsAnnual report
「Allowance for doubtful accounts △ 1,160 △ 1,234」
The allowance for doubtful accounts for current assets increased from ¥1,160 million at the end of the previous consolidated fiscal year to ¥1,234 million at the end of the current interim period. - FY2024Increase in the allowance for doubtful accounts on China's trade receivablesAnnual report
「The item recognized in the consolidated financial statements for the current consolidated fiscal year based on accounting estimates that could materially affect the consolidated financial statements for the following consolidated fiscal year is the allowance for doubtful accounts on trade receivables recorded by Shanghai Shinko Air Conditioning Equipment Co., Ltd., most of which relates to receivables at risk of default.」
Regarding customer credit risk from lengthy collection periods in China's construction industry, the allowance for doubtful accounts increased from ¥1,059 million in the previous fiscal year to ¥1,090 million, and uncertainty in the estimates was also disclosed. - FY2024-Q3Increase in Allowance for Doubtful AccountsAnnual report
「Allowance for doubtful accounts △ 1,128 △ 1,197」
The allowance for doubtful accounts for current assets increased from ¥1,128 million at the end of the previous consolidated fiscal year to ¥1,197 million, indicating a higher provision for customer credit risk. - FY2024-Q2Increase in Allowance for Doubtful AccountsAnnual report
「Allowance for doubtful accounts △ 1,128 △ 1,165」
The allowance for doubtful accounts for current assets increased from ¥1,128 million at the end of the previous consolidated fiscal year to ¥1,165 million, indicating a higher provision for customer credit risk. - FY2024-Q1Decrease in allowance for doubtful accountsAnnual report
「Allowance for doubtful accounts △ 1,128 △ 1,117」
The allowance for doubtful accounts for current assets decreased from ¥1,128 million at the end of the previous consolidated fiscal year to ¥1,117 million. - FY2023Decrease in allowance for doubtful accountsAnnual report
「Allowance for doubtful accounts 1,166 1,059」
Although credit risk from lengthy collection periods in China's construction industry persists, the allowance for doubtful accounts on trade receivables decreased from ¥1,166 million to ¥1,059 million. - FY2023-Q2MitigatedAnnual report
「The company collected trade receivables and recognized a reversal gain on the allowance for doubtful accounts.」
The Chinese business collected trade receivables and recognized a reversal gain on the allowance for doubtful accounts, indicating an improvement resulting from measures to address customer credit risk. - FY2023-Q1MitigatedAnnual report
「The company collected trade receivables and recognized a reversal gain on the allowance for doubtful accounts.」
The Chinese business collected trade receivables and recognized a reversal gain on the allowance for doubtful accounts, indicating an improvement resulting from measures to address customer credit risk. - FY2022WorsenedAnnual report
「The item recognized in the consolidated financial statements for the current consolidated fiscal year based on accounting estimates that could materially affect the consolidated financial statements for the following consolidated fiscal year is the allowance for doubtful accounts on trade receivables recorded by Shanghai Shinko Air Conditioning Equipment Co., Ltd., most of which relates to receivables at risk of default.」
Against the backdrop of lengthy collection periods and credit risk in China's construction industry, the allowance for doubtful accounts increased from ¥958 million to ¥1,166 million. - FY2022-Q2MaterialisedAnnual report
「Although challenges remain in restoring profitability, the segment loss (operating loss) was ¥124 million, partly due to the additional provision for doubtful accounts, compared with a segment loss of ¥77 million in the same quarter of the previous year.」
An additional provision for doubtful accounts was recorded in the Chinese business, with customer credit risk emerging as an actual loss factor. - FY2019RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are operating receivables, are exposed to customers' credit risk.」
The company continues to manage the credit risk associated with trade receivables through regular monitoring of its major business partners. - FY2018RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are operating receivables, are exposed to customers' credit risk.」
The company continues to manage the credit risk associated with trade receivables through regular monitoring of its business partners. - FY2016First statedAnnual report
「Trade notes and accounts receivable are exposed to customers' credit risk.」
The company regularly monitors the status of its major business partners to reduce risk.