Receivables Collection and Inventory Valuation Risk Arising from FCNT’s Civil Rehabilitation Proceedings
First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It was stated that there had been no material changes to the major risks, and no new changes were indicated in the receivables collection or inventory write-down risks associated with FCNT's civil rehabilitation proceedings. - FY2024-Q3RestatedAnnual report
「Following FCNT株式会社's petition to commence civil rehabilitation proceedings, there was a risk that receivables from the company would become uncollectible or collection would be delayed, and that the profitability of inventory related to transactions ordered by the company would decline. The Company recorded ¥259 million in extraordinary losses, comprising an allowance for doubtful accounts and inventory write-downs.」
The risk of collecting receivables from FCNT's civil rehabilitation proceedings and the risk of inventory write-downs, along with the ¥259 million total recorded for the provision for doubtful accounts and inventory write-downs, continue to be disclosed. - FY2024-Q1MaterialisedAnnual report
「Following FCNT株式会社's petition to commence civil rehabilitation proceedings, there was a risk that receivables from the company would become uncollectible or collection would be delayed, and that the profitability of inventory related to transactions ordered by the company would decline. Accordingly, the Company recorded ¥259 million in extraordinary losses, comprising an allowance for doubtful accounts and inventory write-downs.」
Following FCNT株式会社's petition to commence civil rehabilitation proceedings, risks of uncollectible or delayed receivables and lower profitability of related inventory arose. The Company recorded ¥132.582 million in provision for doubtful accounts and ¥126.793 million in inventory write-downs, totaling ¥259 million, as extraordinary losses.