Uncollectible Trade Receivables
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The company primarily extends credit in the frozen-food business. It works to manage credit risk by conducting adequate credit management and recognizing a certain level of allowance for doubtful accounts against trade receivables and other assets. However, if bad debt losses arise or additional allowances for doubtful accounts are recognized due to concerns over the creditworthiness of customers, this may affect the company's operating results and financial condition.」
The company continues to address the risk of uncollectible receivables resulting from credit concerns through credit management and allowances for doubtful accounts. - FY2023RestatedAnnual report
「However, if bad debt losses arise or additional allowances for doubtful accounts are recognized due to concerns over the creditworthiness of customers, this may affect the company's operating results and financial condition.」
The company reiterates its response through credit management and allowances for doubtful accounts, as well as the risk of uncollectible receivables resulting from credit concerns. - FY2021First statedAnnual report
「However, if bad debt losses arise or additional allowances for doubtful accounts are recognized due to concerns over the creditworthiness of customers, this may affect the company's operating results and financial condition.」
The company conducts credit management and recognizes allowances for doubtful accounts, but identifies bad debt losses resulting from customers' credit concerns as a risk.