Decision and Details
Recognition of a reversal of the allowance for doubtful accounts relating to subsidiaries (non-consolidated)
A review of future collectibility, conducted separately for each subsidiary in light of the improvements in their financial positions and operating results, indicated that concerns over collection had receded.
¥1 billion was recognized as non-operating income in the non-consolidated financial statements. The amount will be eliminated in the consolidated financial statements and will have no impact on consolidated results.
| Item | Details |
|---|---|
| Matter Covered | Recognition of a reversal of the allowance for doubtful accounts relating to subsidiaries (non-consolidated) |
| Implementation Date | Recorded in the non-consolidated financial statements for the fiscal year ending March 2026 |
| Period Covered | Fiscal year ending March 2026 |
| Amount | Reversal of the allowance for doubtful accounts: ¥1 billion |
| Quantity / scale | 2 North American subsidiaries (the U.S. subsidiary and the Mexican subsidiary) |
| Impact on Business Performance | ¥1 billion was recognized as non-operating income in the non-consolidated financial statements. The amount will be eliminated in the consolidated financial statements and will have no impact on consolidated results. |
| Reason | A review of future collectibility, conducted separately for each subsidiary in light of the improvements in their financial positions and operating results, indicated that concerns over collection had receded. |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The financial positions and operating results of the U.S. and Mexican subsidiaries improved, and a review of future collectibility indicated that concerns over collection had receded.