Risk of bad debts due to deteriorating customer financial condition
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 13 of 64 companies on the "Worse" side.
- FY2022RestatedAnnual report
「An allowance for doubtful accounts of ¥250 million was recognized at the end of the consolidated fiscal year. However, if customers holding the underlying accounts receivable become unable to pay due to an economic downturn and the receivables must be written off, this may affect the Group’s performance and financial condition.」
The Company continued to disclose deterioration in customers’ financial condition and bad debt risks, and updated the allowance for doubtful accounts to ¥250 million. - FY2020First statedAnnual report
「An allowance for doubtful accounts of ¥700 million was recognized at the end of the consolidated fiscal year. However, if customers holding the underlying accounts receivable become unable to pay due to an economic downturn and the receivables must be written off, this may affect the Group’s performance and financial condition.」
The Company newly disclosed customer payment default and accounts receivable write-off risks as a separate item and reported an allowance for doubtful accounts of ¥700 million.