Bad debts resulting from deterioration in customers' financial condition
First written in FY2016. 10 of 21 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「As a result, during the current consolidated fiscal year, the company recognized a provision for doubtful accounts of ¥257 million as selling, general and administrative expenses, and interest income of ¥750 million as non-operating income.」
The company recorded a provision for doubtful accounts of ¥257 million based on estimated recoverability of customer receivables, indicating that credit risk remains. - FY2026-H1WorsenedAnnual report
「Based on outstanding trade receivables, OBSZ recognized ¥16,954 million as other assets under investments and other assets through discounting over the period estimated to be required for collection (hereinafter, "discounting"). Based on discounted cash flows deemed recoverable after considering the outcome of compulsory enforcement against assets held by 怡化電脳等 and the fair value of secured real estate, OBSZ recognized an allowance for doubtful accounts of 193,683 thousand yuan (¥4,044 million at the end of the interim consolidated accounting period) for the amount estimated to be uncollectible.」
The company recorded an estimated uncollectible amount of ¥4,044 million for disputed receivables as an allowance for doubtful accounts, indicating that customer credit risk remains. - FY2025-H1WorsenedAnnual report
「For a portion of the long-term trade receivables, the company estimated the amount to be uncollectible and recorded an allowance for doubtful accounts of CNY 16,042 thousand (¥328 million at the end of the current interim consolidated fiscal year).」
For disputed receivables of the Chinese subsidiary, the allowance for doubtful accounts corresponding to the estimated uncollectible amount was ¥328 million. Collection has not been completed, and credit risk remains. - FY2024MitigatedAnnual report
「As a result, during the current consolidated fiscal year, the company recognized a reversal of the allowance for doubtful accounts of ¥4,277 million as a reversal of selling, general and administrative expenses, and interest income of ¥938 million as non-operating income.」
Following a review of the recoverability of disputed receivables of the Chinese subsidiary, ¥4,277 million of the allowance for doubtful accounts was reversed. Collection has not been completed, but the allowance burden for credit risk declined substantially. - FY2024-Q1MitigatedAnnual report
「In light of the status of the litigation described above, OBSZ recognized long-term trade receivables of CNY 822,281 thousand (¥16,404 million at the end of the first quarter of the current consolidated fiscal year) after reviewing the future collection period, including in view of compulsory enforcement against Yihua Computer and others. OBSZ also recorded an allowance for doubtful accounts of CNY 16,042 thousand (¥320 million at the end of the first quarter of the current consolidated fiscal year) for the portion of these long-term trade receivables estimated to be uncollectible. As a result, during the cumulative first quarter of the current consolidated fiscal year, OBSZ recognized a reversal of the allowance for doubtful accounts of ¥4,277 million as a reversal of selling, general and administrative expenses.」
Following the Supreme People's Court's dismissal of the appeal, the company reviewed the collection period and recognized long-term trade receivables. The allowance for doubtful accounts amounted to ¥320 million, and a reversal equivalent to ¥4.3 billion was recognized, reducing the allowance burden for credit risk from the previous fiscal year. However, an estimated uncollectible amount remains. - FY2023-Q3MitigatedAnnual report
「In light of the status of the above litigation, OBSZ estimated uncollectible amounts and recognized an allowance for doubtful accounts of 492,934 thousand yuan (¥9,375 million at the end of the third quarter of the current consolidated accounting period), based on discounted cash flows deemed recoverable after taking into account the probability that the 23 December 2021 judgment in Case B would be upheld and the litigation finalized, with discounting performed over the estimated period required for collection.」
For customer receivables of the Chinese subsidiary, the allowance for doubtful accounts decreased from ¥10,242 million in the previous quarter to ¥9,375 million. However, credit risk regarding recoverability remains. - FY2023-Q2WorsenedAnnual report
「An allowance for doubtful accounts was recorded after estimating CNY 502,806 thousand as uncollectible (¥10,242 million at the end of the second quarter of the current consolidated fiscal year).」
For customer receivables of the Chinese subsidiary, the allowance for doubtful accounts based on estimated recoverability amounted to ¥10,242 million, up from ¥9,807 million disclosed for the previous quarter. - FY2023-Q1WorsenedAnnual report
「In light of the status of the litigation described above, OBSZ recorded an allowance for doubtful accounts after estimating CNY 480,983 thousand as uncollectible (¥9,807 million at the end of the first quarter of the current consolidated fiscal year), based on cash flows deemed recoverable after considering the probability that the 23 December 2021 judgment in Case B would be upheld and the litigation finalized, and discounting them over the estimated collection period.」
For receivables of the Chinese subsidiary, the allowance for doubtful accounts increased from ¥8,961 million in the previous disclosure to ¥9,807 million. Credit risk regarding recoverability remains even after the arbitral award. - FY2022-Q3MitigatedAnnual report
「In light of the status of the litigation described above, OBSZ recorded an allowance for doubtful accounts after estimating CNY 495,931 thousand as uncollectible (¥8,961 million at the end of the third quarter of the current consolidated fiscal year), based on cash flows deemed recoverable after considering the probability that the 23 December 2021 judgment in Case B would be upheld and the litigation finalized, and discounting them over the estimated collection period. During the cumulative third quarter of the current consolidated fiscal year, OBSZ recognized a reversal of the allowance for doubtful accounts of ¥3,062 million as a reversal of selling, general and administrative expenses.」
Following the judgment ordering joint and several payment, the estimated uncollectible amount was ¥8,961 million, and ¥3,062 million of the allowance for doubtful accounts was reversed. Although credit risk remains, the allowance decreased from the end of the previous fiscal year. - FY2022-Q2WorsenedAnnual report
「However, because fulfillment of the award by 深セン市怡化電脳実業有限公司 was expected to take a considerable period, a provision for doubtful accounts of ¥11,381 million was recorded at the end of the second-quarter consolidated accounting period.」
Credit risk related to the counterparty's ability to pay and prolonged collection remained, and an allowance for doubtful accounts of ¥11,381 million was recorded for customer receivables. - FY2022-Q1WorsenedAnnual report
「However, because fulfillment of the award by 深セン市怡化電脳実業有限公司 was expected to take a considerable period, a provision for doubtful accounts of ¥11,358 million was recorded at the end of the first-quarter consolidated accounting period.」
Credit risk related to customers' ability to pay and prolonged collection remained, and an allowance for doubtful accounts of ¥11,358 million was recorded. - FY2021WorsenedAnnual report
「OBSZ recorded an allowance for doubtful accounts after estimating CNY 668,545 thousand as uncollectible (¥11,271 million at the end of the current consolidated fiscal year), based on cash flows deemed recoverable after considering the probability that OBSZ would prevail in Case B and discounting them over the estimated collection period.」
For receivables of the Chinese subsidiary, the allowance for doubtful accounts based on estimated recoverability amounted to ¥11,271 million, and collection risk remains for the full fiscal year. - FY2021-Q3WorsenedAnnual report
「However, as a considerable period is expected to elapse before Shenzhen Yihua Computer Industrial Co., Ltd. fulfills the arbitral award, the company recorded an allowance for doubtful accounts of ¥10,703 million as of the end of the third quarter of the current consolidated fiscal year.」
Although the arbitration resulted in a payment award, the allowance for doubtful accounts amounted to ¥10.7 billion because fulfillment is expected to take an extended period. - FY2021-Q2MitigatedAnnual report
「After taking into account the status of the litigation and the expectation that the collection period would be prolonged, a provision for doubtful accounts of ¥10,441 million was recorded at the end of the second-quarter consolidated accounting period.」
Although the allowance for doubtful accounts on customer receivables decreased, ¥10,441 million remains recorded, and credit risk persists. - FY2020-Q3MitigatedAnnual report
「After taking into account the status of the litigation and the expectation that the collection period would be prolonged, a provision for doubtful accounts of ¥10,535 million was recorded at the end of the third-quarter consolidated accounting period.」
Although the allowance for doubtful accounts on customer receivables decreased, ¥10,535 million remains recorded, and credit risk persists. - FY2020-Q2MitigatedAnnual report
「After taking into account the status of the litigation and the expectation that the collection period would be prolonged, a provision for doubtful accounts of ¥10,222 million was recorded at the end of the second-quarter consolidated accounting period.」
Although the allowance for doubtful accounts on customer receivables decreased from the end of the previous quarter, ¥10,222 million remains recorded, and credit risk persists. - FY2019-Q2MitigatedAnnual report
「After taking into account the status of the litigation and the expectation that the collection period would be prolonged, a provision for doubtful accounts of ¥11,222 million was recorded at the end of the second-quarter consolidated accounting period.」
Although the allowance for doubtful accounts on customer receivables decreased from the end of the previous quarter, ¥11,222 million remains recorded, and credit risk persists. - FY2019-Q1MitigatedAnnual report
「After taking into account the status of the litigation and the expectation that the collection period would be prolonged, a provision for doubtful accounts of ¥11,310 million was recorded at the end of the first-quarter consolidated accounting period.」
Although the allowance for doubtful accounts on customer receivables of the Chinese subsidiary decreased from the end of the previous quarter, ¥11,310 million remains recorded, and credit risk persists. - FY2018-Q3WorsenedAnnual report
「After taking into account the status of the litigation and the expectation that the collection period would be prolonged, a provision for doubtful accounts of ¥11,738 million was recorded at the end of the third-quarter consolidated accounting period.」
The risk of bad debts associated with deteriorating customer financial conditions continued to materialize as an ¥11,738 million allowance for doubtful accounts on trade receivables of the Chinese subsidiary, increasing from the end of the previous quarter. - FY2017MaterialisedAnnual report
「Operating income amounted to ¥2.5 billion, reflecting the recognition of a provision for doubtful accounts on receivables related to the ATM business in China, a decrease of ¥16.1 billion year on year.」
Credit risk on receivables related to the ATM business in China materialized as a provision for doubtful accounts, reducing operating income. - FY2016First statedAnnual report
「The company continuously assesses customers' financial condition, estimates the amount of receivables expected to become uncollectible after the balance sheet date, and records an appropriate allowance. However, a sudden deterioration in customers' financial condition could adversely affect the OKI Group's operating results and financial position.」
The company records credit assessments and allowances, while identifying a sudden deterioration in customers' financial condition as a risk.