Delays in Collecting Receivables from Major Customers and the Risk of Bad Debts
First written in FY2017. 8 of 18 entries say "Restated". Latest entry: FY2026.
Tb Group moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2017: 15 of 79 companies on the "Worse" side.
71 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cash increased by ¥134 million due to the liquidation of bankruptcy and reorganisation claims and other receivables.」
The balance of receivables related to collection problems that emerged in the past decreased through the liquidation of bankruptcy and reorganisation claims and other receivables. The allowance for doubtful accounts also decreased by ¥140 million. - FY2025RestatedAnnual report
「The group manages credit by customer and takes measures against foreseeable collection risks based on information and its accumulated expertise, but does not guarantee full collection. If a customer defaults due to bankruptcy or other reasons, the group’s operating results and financial position may be adversely affected.」
The company continues to disclose generalised customer credit risks arising from individual collection problems and the response through credit management. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no new occurrences or material changes in delayed collection of customer receivables or related bad-debt risks. - FY2024MaterialisedAnnual report
「An allowance for doubtful accounts of ¥134,427 thousand was recorded against receivables from associate 株式会社エムモビリティ in the current consolidated fiscal year.」
The decline in the recoverability of receivables from 株式会社エムモビリティ has continued, and an allowance for doubtful accounts of ¥134.427 million was recorded. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no material changes in delayed collection of customer receivables or related bad-debt risks. - FY2022ReframedAnnual report
「The group manages credit by customer and takes measures against foreseeable collection risks based on information and its accumulated expertise, but does not guarantee full collection. If a customer defaults due to bankruptcy or other reasons, the group’s operating results and financial position may be adversely affected.」
The risk disclosure has been reorganised from individual collection issues involving major customers and sales companies in the past to credit management and collection risks covering customers generally. - FY2022-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no material changes in delayed collection of receivables from major customers or related bad-debt risks. - FY2021MaterialisedAnnual report
「In anticipation of a prolonged COVID-19 pandemic, the recoverability of receivables from consolidated subsidiary 株式会社Ｍビジュアル, whose core business is inbound tourism, was assessed, resulting in the recording of an allowance for doubtful accounts expense.」
A decline in the recoverability of receivables from 株式会社Ｍビジュアル actually occurred, and an allowance for doubtful accounts expense was recorded. - FY2021-Q2RestatedAnnual report
「During the first six months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no material changes in delayed collection of receivables from major customers or related bad-debt risks. - FY2020MaterialisedAnnual report
「An allowance for doubtful accounts of ¥143,327 thousand was recorded against receivables from associate 株式会社エムモビリティ in the current consolidated fiscal year. An allowance for doubtful accounts expense of ¥91,273 thousand was also recorded in the current consolidated fiscal year.」
A decline in the recoverability of receivables from associates has actually occurred, reaching the stage of recording allowances for doubtful accounts and related expenses. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no material changes in delayed collection of receivables from major customers or related bad-debt risks. - FY2019WorsenedAnnual report
「The Group recorded operating losses for 12 consecutive fiscal years through the previous consolidated fiscal year. During the current consolidated fiscal year, it also recorded an operating loss of ¥242 million and a net loss attributable to owners of the parent of ¥316 million, resulting in conditions that raise substantial doubt about the Group's ability to continue as a going concern.」
The impact of credit and collection risks has spread to annual earnings, including an allowance for doubtful accounts of ¥60,411 thousand arising from the bankruptcy of a sales company and the assessment of the recoverability of receivables from an associate. - FY2019-Q3MaterialisedAnnual report
「In addition, following the bankruptcy of a sales company, a consolidated subsidiary recorded an allowance for doubtful accounts as a non-operating expense.」
The impact of the sales company’s bankruptcy actually occurred, and an allowance for doubtful accounts of ¥35,656 thousand was recorded as a non-operating expense. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no material changes in delayed collection of receivables from major customers or related bad-debt risks. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to assess that there have been no material changes in the delayed collection of receivables from major customers and related bad-debt risks that arose in the past. - FY2018-Q2MaterialisedAnnual report
「In connection with a consolidated subsidiary making payment on behalf of a sales agent under a merchant agreement in response to a finance company’s claim for the return of advances arising from prohibited acts by the sales agent, an allowance for doubtful accounts of ¥18 million was recorded as an extraordinary loss.」
In connection with the payment made on behalf of a sales agent in response to a claim for the return of advances, an allowance for doubtful accounts of ¥18 million was recorded. The collection of substantial receivables and bad-debt risk continue to arise. - FY2018-Q1MaterialisedAnnual report
「The deterioration was mainly attributable to the reorganisation of group subsidiaries and the recording by consolidated subsidiary TOWA CORPORATION of an allowance for doubtful accounts of ¥26 million on receivables from sales companies.」
TOWA CORPORATION actually recorded an allowance for doubtful accounts of ¥26 million on receivables from sales companies. - FY2017MaterialisedAnnual report
「The recovery trend was relatively solid through the third quarter, but in the fourth quarter the company recorded an allowance for doubtful accounts of ¥160 million in selling, general and administrative expenses due to delays in collecting substantial receivables from sales customers and other factors.」
Delays in collecting substantial receivables from sales customers actually occurred, and an allowance for doubtful accounts of ¥160 million was recorded.