Recoverability of loans and estimation of allowance for doubtful accounts
First written in FY2022. 4 of 5 entries say "Worsened", first in FY2023. Latest entry: FY2026.
Ota Floriculture Auction moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 4 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Allowance for doubtful accounts 211 235」
The allowance for doubtful accounts on trade receivables, loans and other items increased from ¥211 million in the previous fiscal year to ¥235 million, indicating a quantitative increase in estimation risk relating to the financial condition and collateral valuations of borrowers and business counterparties. - FY2025WorsenedAnnual report
「Allowance for doubtful accounts 168,598 211,640」
The allowance for doubtful accounts on trade receivables, loans and other items increased from ¥169 million in the previous fiscal year to ¥212 million, indicating a quantitative increase in estimation risk arising from changes in financial condition and collateral valuations. - FY2024WorsenedAnnual report
「Allowance for doubtful accounts 149,626 168,598」
The allowance for doubtful accounts on loans increased from ¥150 million in the previous fiscal year to ¥169 million, indicating a quantitative increase in estimation risk arising from changes in borrowers' financial condition and collateral valuations. - FY2023WorsenedAnnual report
「Allowance for doubtful accounts 121,747 149,626」
The allowance for doubtful accounts on loans increased from ¥122 million in the previous fiscal year to ¥150 million, indicating a quantitative increase in estimation risk arising from changes in borrowers' financial condition and collateral valuations. - FY2022First statedAnnual report
「The Company assesses the financial condition and business activities of borrowers, establishes security interests to protect its receivables, determines recoverability and estimates the allowance for doubtful accounts. If these estimates require revision due to future changes in borrowers' financial condition or the appraised value of collateral assets, the amount of the allowance for doubtful accounts in the consolidated financial statements for the following consolidated fiscal year and thereafter may be affected.」
The Company determines recoverability based on borrowers' financial condition, business activities and collateral assets. The allowance for doubtful accounts for the current consolidated fiscal year was ¥122 million. It identifies as a new accounting risk the possibility that future changes in borrowers' financial condition or collateral valuations may affect the allowance for doubtful accounts from the following fiscal year onward.