Collection and Valuation Risks of Long-Term Loans to TSCホリスティック
First written in FY2021. 3 of 5 entries say "Worsened", first in FY2022. Latest entry: FY2025.
Art Vivant moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Amounts recorded in the financial statements for the current fiscal year in respect of TSCホリスティック Co., Ltd. Long-term loan ¥776.718 million Allowance for doubtful accounts △¥717 million」
The long-term loan to TSCホリスティック declined from ¥2.176718 billion in the previous fiscal year to ¥776.718 million, while the allowance for doubtful accounts declined from ¥2.064 billion to ¥717 million. - FY2024WorsenedAnnual report
「Amounts recorded in the financial statements for the current fiscal year in respect of TSCホリスティック Co., Ltd. Long-term loan ¥2.176718 billion Allowance for doubtful accounts △¥2.064000 billion」
The long-term loan to TSCホリスティック increased from ¥2.071718 billion in the previous fiscal year to ¥2.176718 billion, while the allowance for doubtful accounts increased from ¥1.966610 billion to ¥2.064 billion. - FY2023WorsenedAnnual report
「Amounts recorded in the financial statements for the current fiscal year in respect of TSCホリスティック Co., Ltd. Long-term loan ¥2.071718 billion Allowance for doubtful accounts △¥1.966610 billion」
Although the balance of the long-term loan to TSCホリスティック declined, the allowance for doubtful accounts increased from ¥1.831 billion in the previous fiscal year to ¥1.966610 billion. - FY2022WorsenedAnnual report
「Amounts recorded in the financial statements for the current fiscal year in respect of TSCホリスティック Co., Ltd. Long-term loan ¥2.282522 billion Allowance for doubtful accounts △¥1.831000 billion」
The long-term loan to TSCホリスティック was ¥2.282522 billion, while the allowance for doubtful accounts was ¥1.831 billion, up from ¥1.582 billion in the previous fiscal year. - FY2021First statedAnnual report
「Amounts recorded in the financial statements for the current fiscal year in respect of TSCホリスティック Co., Ltd. Long-term loan ¥2.257466 billion Allowance for doubtful accounts △¥1.582000 billion」
In light of TSCホリスティック's negative net worth, the parent company classified its long-term loan to the company as a loan receivable requiring caution regarding collectibility and recorded an allowance for doubtful accounts of ¥1.582 billion.