Credit loss, securities and real estate impairment risk
First written in FY2016. 13 of 21 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「Provision for doubtful accounts 977 775」
The amount recognized as a provision for doubtful accounts decreased from ¥977 million in the previous fiscal year to ¥775 million, while measures to reduce credit loss risk through an accounts receivable guarantee service and other means continued. - FY2025MitigatedAnnual report
「The company is also working to reduce credit loss risk through measures such as the use of an accounts receivable guarantee service.」
The company describes measures to mitigate risk using an accounts receivable guarantee service, in addition to credit management and the collection of qualitative information. The amount recognized as a provision for doubtful accounts also decreased from ¥1,127 million in the previous fiscal year to ¥977 million. - FY2025-H1MitigatedAnnual report
「Reversal of allowance for doubtful accounts - 22」
In the current interim consolidated accounting period, the company recognized a ¥22 million reversal of the allowance for doubtful accounts, and the combined current and non-current allowance for doubtful accounts also decreased from the end of the previous consolidated fiscal year. - FY2024-Q3Increase in Allowance for Doubtful AccountsAnnual report
「Allowance for doubtful accounts △ 71 △ 123」
The allowance for doubtful accounts increased from ¥71 million at the end of the previous consolidated fiscal year to ¥123 million. The third-quarter report does not state that any new credit losses had occurred. - FY2023MitigatedAnnual report
「The company was also able to collect in full receivables that had raised collection concerns and for which an allowance for doubtful accounts had been recognized in the previous fiscal year, contributing to higher profit.」
The company collected in full receivables that had raised collection concerns in the previous fiscal year and recognized an ¥84 million reversal of the allowance for doubtful accounts in the current fiscal year. At the same time, it recognizes customers' funding shortages at the time of repayment of COVID-19 loans as a new credit loss risk. - FY2023-Q3MaterialisedAnnual report
「The company recognized an impairment loss of ¥1 million in the seafood sales segment.」
An impairment loss of ¥1 million was recognized in the seafood sales segment, and the risk of declining asset values materialized as an actual loss in the third quarter. - FY2023-Q1MaterialisedAnnual report
「The company recognized an impairment loss of ¥1 million in the seafood sales segment.」
An impairment loss of ¥1 million was recognized in the seafood sales segment, and the risk of declining asset values materialized as an actual loss in the current quarter. - FY2022MaterialisedAnnual report
「The ordinary loss resulted from the recognition of a ¥56 million provision for doubtful accounts. Based on the recognition of a provision for doubtful accounts on a large receivable in the previous fiscal year, the company worked during the current consolidated fiscal year to reduce the risk of collecting receivables. However, amid heightened tensions surrounding the situation in Ukraine, it recognized a specific provision of ¥75 million against concerns over the collection of overseas receivables, which was offset against reversal income in the consolidated statement of income.」
While pursuing measures to reduce receivables collection risk, the company recognized a ¥56 million provision for doubtful accounts and a ¥75 million specific provision against overseas receivables, and the risk actually affected current-period earnings. - FY2022-Q2Reversal of allowance and no impairment lossAnnual report
「Reversal of allowance for doubtful accounts - 26 (Significant impairment loss on fixed assets) There are no applicable items.」
In the cumulative period through the second quarter of the current consolidated fiscal year, the company recognized a ¥26 million reversal of the allowance for doubtful accounts and stated that there were no significant impairment losses on fixed assets. - FY2021MaterialisedAnnual report
「A provision for doubtful accounts of ¥229 million arose, comprising a specific provision of ¥173 million against trade receivables from the customer, taking into account its financial condition and results of operations, and a provision of ¥55 million against general receivables due to the increase in the historical loss rate resulting from that treatment. As a result, the operating loss was ¥81 million.」
A specific provision of ¥173 million based on the customer's financial condition and other factors and a provision of ¥55 million against general receivables, totaling ¥229 million in provisions for doubtful accounts, actually affected the full-year earnings. - FY2021-Q3WorsenedAnnual report
「In terms of earnings, a provision for doubtful accounts of ¥364 million arose, comprising a specific provision of ¥233 million against trade receivables from the customer, taking into account its financial condition and results of operations, and a provision of ¥131 million against general receivables due to the increase in the historical loss rate resulting from that treatment. As a result, the operating loss was ¥102 million, compared with operating income of ¥305 million in the same period of the previous year, ordinary income was ¥0 million, down ¥402 million year on year, and net income for the quarter attributable to owners of the parent was ¥0 million, down ¥309 million year on year.」
A specific provision of ¥233 million based on the customer's financial condition and other factors and a provision of ¥131 million against general receivables, totaling ¥364 million in provisions for doubtful accounts, were recognized, and the impact of credit loss risk continued to expand from the previous quarter. - FY2021-Q2MaterialisedAnnual report
「In terms of earnings, a provision for doubtful accounts of ¥334 million arose, comprising a specific provision of ¥254 million against trade receivables from the customer, taking into account its financial condition and results of operations, and a provision of ¥80 million against general receivables due to the increase in the historical loss rate resulting from that treatment. As a result, the operating loss was ¥467 million, compared with an operating loss of ¥25 million in the same period of the previous year, and the ordinary loss was ¥393 million, compared with ordinary income of ¥37 million in the same period of the previous year.」
A specific provision of ¥254 million, taking into account the customer's financial condition and results of operations, and a provision of ¥80 million against general receivables due to the increase in the historical loss rate were recognized, making the credit loss risk evident through a large provision. - FY2021-Q1MaterialisedAnnual report
「The company recognized an impairment loss of ¥7 million in the seafood sales segment.」
An impairment loss of ¥7 million was recognized in the seafood sales segment, and the impairment risk associated with assets held materialized as an actual loss in the first quarter. - FY2020MaterialisedAnnual report
「In the current consolidated fiscal year, the company recognized an impairment loss of ¥7 million on assets of the Northern Branch due to declining profitability.」
An impairment loss of ¥7 million was actually recognized on operating assets of the seafood sales business. - FY2020-Q2MaterialisedAnnual report
「The company recognized an impairment loss of ¥7 million in the seafood sales segment.」
An impairment loss of ¥7 million was recognized in the seafood sales segment, and the impairment risk associated with assets held materialized as an actual loss in the cumulative period through the second quarter. - FY2019MaterialisedAnnual report
「In the current consolidated fiscal year, the company recognized an impairment loss of ¥31 million on assets of the Northern Branch, Kyoto Branch, Kobe Branch and 丸魚食品㈱ due to declining profitability and other factors.」
An impairment loss of ¥31 million on operating and idle assets was actually recognized in the current consolidated fiscal year as well. - FY2019-Q3MaterialisedAnnual report
「The company recognized an impairment loss of ¥1 million in the seafood sales segment.」
An impairment loss of ¥1 million was recognized in the seafood sales segment, and the impairment risk associated with assets held materialized as an actual loss in the cumulative period through the third quarter. - FY2018-Q3MaterialisedAnnual report
「The company recognized an impairment loss of ¥13 million in the seafood sales segment.」
An impairment loss of ¥13 million was recognized in the seafood sales segment, and the impairment risk associated with assets held materialized as an actual loss in the cumulative period through the current quarter. - FY2017MaterialisedAnnual report
「As a result of recognizing, as extraordinary gains and losses, a gain on the sale of investment securities of ¥20 million, an impairment loss of ¥21 million and other items」
The company recognized total impairment losses of ¥21 million on the Northern Branch, the Akashi Sales Department and idle assets due to declining profitability and falling fair values. - FY2017-Q3MaterialisedAnnual report
「The company recognized an impairment loss of ¥7 million in the seafood sales segment.」
A ¥7 million impairment loss on fixed assets was incurred, and the impairment risk associated with assets held was recognized as an actual loss. - FY2016First statedAnnual report
「Risk of unexpected credit losses on trade receivables or additional provisions for doubtful accounts」
The company lists declines in the value of assets held, including declines in the fair value of investment securities and real estate, as financial risks.