Receivables Collection and Bad Debt Risk Relating to a Specific Business Partner
First written in FY2019-Q3. 2 of 2 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2019.
i-mobile moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 14 of 32 companies on the "Worse" side.
8 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「Cash provided by operating activities in the consolidated fiscal year was ¥3,260.741 million. This was mainly attributable to profit before income taxes of ¥2,302.000 million, recognition of an impairment loss of ¥452.085 million and an impairment loss on investment securities of ¥352.031 million, as well as a ¥596.976 million decrease in trade receivables.」
The company recorded an allowance for doubtful accounts of ¥57.981 million for a specific counterparty, and the impact of bad-debt and receivables collection risk was reflected in full-year results. - FY2019-Q3MaterialisedAnnual report
「Operating income declined because the company recorded an allowance for doubtful accounts covering the full amount of receivables from one customer of a consolidated subsidiary. Allowance for doubtful accounts 51,093」
The company recorded an allowance for doubtful accounts covering the full amount of receivables from one customer of a consolidated subsidiary, and the impact on operating income was reflected in reported results.