Provision for Future Losses on Customer Contracts
First written in FY2020. 10 of 21 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2026.
Toyo Denki Seizo K.K.(Toyo Electric Mfg.Co.,Ltd.) moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
57 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Provision for losses on contracts with customers 944 638」
The provision for losses on contracts with customers decreased from ¥944 million at the end of the previous fiscal year to ¥638 million, reducing exposure to future losses arising from contracts with customers. - FY2026-H1MitigatedAnnual report
「Provision for losses on contracts with customers 944 706」
The balance of the provision for losses on contracts with customers decreased from ¥944 million at the end of the previous consolidated fiscal year to ¥706 million, reducing exposure to future losses arising from contracts with customers. - FY2025WorsenedAnnual report
「Provision for losses on contracts with customers 777 944」
The balance of the provision for losses on contracts with customers increased from ¥777 million at the end of the previous fiscal year to ¥944 million, expanding exposure to future losses arising from contracts with customers. - FY2025-H1WorsenedAnnual report
「Provision for losses on contracts with customers 777 915」
The balance of the provision for losses on contracts with customers increased from ¥777 million at the end of the previous fiscal year to ¥915 million, expanding exposure to future losses arising from contracts with customers. - FY2024MitigatedAnnual report
「Provision for losses on contracts with customers 989 777」
The balance of the provision for losses on contracts with customers decreased from ¥989 million at the end of the previous fiscal year to ¥777 million, reducing exposure to future losses arising from contracts with customers. - FY2024-Q3Provision for losses on contracts with customers decreased year on year but increased from the previous quarterAnnual report
「Provision for losses on contracts with customers 989 759」
The balance of the provision for losses on contracts with customers decreased from ¥989 million at the end of the previous consolidated fiscal year to ¥759 million, but increased from ¥727 million at the time of the previous quarterly report. - FY2024-Q2MitigatedAnnual report
「Provision for losses on contracts with customers 989 727」
The balance of the provision for losses on contracts with customers decreased from ¥989 million at the end of the previous consolidated fiscal year to ¥727 million, reducing exposure to future losses arising from contracts with customers. - FY2024-Q1MitigatedAnnual report
「Provision for losses on contracts with customers 989 776」
The balance of the provision for losses on contracts with customers decreased from ¥989 million at the end of the previous consolidated fiscal year to ¥776 million, reducing exposure to future losses arising from contracts with customers. - FY2023WorsenedAnnual report
「Provision for losses on contracts with customers ¥963 million ¥989 million」
The balance of the provision for losses on contracts with customers increased from ¥963 million at the end of the previous fiscal year to ¥989 million, expanding exposure to future losses arising from contracts with customers. - FY2023-Q3MitigatedAnnual report
「Provision for losses on contracts with customers 970 818」
The balance of the provision for losses on contracts with customers decreased from ¥970 million at the end of the previous consolidated fiscal year to ¥818 million, reducing exposure to future losses arising from contracts with customers. - FY2023-Q2MitigatedAnnual report
「Provision for losses on contracts with customers 970 883」
The balance of the provision for losses on contracts with customers decreased from ¥970 million at the end of the previous consolidated fiscal year to ¥883 million, reducing exposure to future losses. - FY2023-Q1MitigatedAnnual report
「Provision for losses on contracts with customers 970 934」
The balance of the provision for losses on contracts with customers decreased from ¥970 million at the end of the previous fiscal year to ¥934 million, reducing exposure to future losses from the previous quarter and the end of the previous fiscal year. - FY2022WorsenedAnnual report
「Provision for losses on contracts with customers ¥871 million ¥970 million」
The balance of the provision for losses on contracts with customers increased from ¥871 million at the end of the previous fiscal year to ¥970 million, expanding exposure to future losses. - FY2022-Q3WorsenedAnnual report
「Provision for losses on contracts with customers 871 939」
The balance of the provision for losses on contracts with customers increased from ¥871 million at the end of the previous consolidated fiscal year to ¥939 million at the end of the third quarter, expanding exposure to future losses. - FY2022-Q2WorsenedAnnual report
「Provision for losses on contracts with customers 871 922」
The balance of the provision for losses on contracts with customers increased from ¥871 million at the end of the previous consolidated fiscal year to ¥922 million at the end of the second quarter of the current fiscal year, expanding exposure to future losses. - FY2022-Q1WorsenedAnnual report
「Provision for losses on contracts with customers 871 874」
The balance of the provision for losses on contracts with customers increased from ¥871 million at the end of the previous consolidated fiscal year to ¥874 million, slightly expanding exposure to future losses. - FY2021WorsenedAnnual report
「Provision for losses on contracts with customers 732 871」
The balance of the provision for losses on contracts with customers increased from ¥732 million at the end of the previous fiscal year to ¥871 million, expanding exposure to future losses. - FY2021-Q3WorsenedAnnual report
「Provision for losses on contracts with customers 732 842」
The balance of the provision for losses on contracts with customers increased from ¥732 million at the end of the previous consolidated fiscal year to ¥842 million at the end of the third quarter of the current fiscal year. - FY2020First statedAnnual report
「Provisions are recognized for contracts with customers where future losses are expected at the end of the current consolidated fiscal year and the amount of such losses can be reasonably estimated, in preparation for future losses arising from those contracts.」
The disclosure describes the provisioning policy when future losses are expected on contracts with customers. The provision for losses on contracts with customers was ¥732 million at the end of the current fiscal year, and the amount charged to cost of sales during the fiscal year was ¥166 million.