Bad debts resulting from deterioration in customers’ financial condition
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 5 of 16 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「If the financial position of customers or others deteriorates and their ability to pay declines, additional provisions may be required.」
The potential recognition of additional allowance for doubtful accounts due to deterioration in customers' or others' financial position and ability to pay is reaffirmed. - FY2018RestatedAnnual report
「The Group records an allowance for doubtful accounts for receivables such as accounts receivable and loans, based on appropriate estimates, to provide for bad debt losses expected to arise after the reporting date. However, if the financial position of customers or others deteriorates and their ability to pay declines, additional provisions may be required.」
The potential recognition of additional allowance for doubtful accounts due to deterioration in customers' or others' financial position and ability to pay is reaffirmed as a risk relating to significant accounting estimates. - FY2017First statedAnnual report
「The Group records an allowance for doubtful accounts for receivables such as accounts receivable and loans, based on appropriate estimates, to provide for bad debt losses expected to arise after the reporting date. However, if the financial position of customers or others deteriorates and their ability to pay declines, additional provisions may be required.」
The potential recognition of additional allowance for doubtful accounts due to deterioration in customers' or others' financial position and ability to pay is described as a risk relating to significant accounting estimates.