Uncollected Receivables in the Trading Business and Bad Debts
First written in FY2023-Q3. 8 of 9 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 19 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The amount collected during the current period from outstanding receivables from prior periods was recorded as a reversal of the bad debt provision under extraordinary income.」
The Company recorded a ¥2.4 million reversal of the bad debt provision for outstanding receivables related to the trading business, and collection efforts continue. Meanwhile, a ¥257.496 million bad debt provision remains recorded. - FY2026-H1MitigatedAnnual report
「During the interim consolidated accounting period (from 1 March 2025 to 31 August 2025), the Company recorded ¥1.2 million collected through the recovery of outstanding receivables from one of the Group's customers.」
The Company collected ¥1.2 million of outstanding receivables and recorded a reversal of the bad debt provision. Meanwhile, a bad debt provision remains recorded against the outstanding receivables. - FY2025-H1MitigatedAnnual report
「During the interim consolidated accounting period, long-term operating receivables related to trading transactions amounted to ¥321.121 million, the bad debt provision against fixed assets amounted to ¥321.121 million, and related profit or loss included a ¥38 million reversal of the bad debt provision recognised as extraordinary income.」
The Company collected ¥38 million of outstanding receivables from the trading business and recorded a reversal of the bad debt provision. Meanwhile, a bad debt provision had been recorded against the full ¥321.121 million of long-term operating receivables, and collection concerns remain. - FY2025-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, long-term operating receivables related to trading transactions amounted to ¥336.121 million, the bad debt provision against fixed assets amounted to ¥336.121 million, and related profit or loss included a ¥23 million reversal of the bad debt provision recognised as extraordinary income.」
The Company collected ¥23 million of outstanding receivables related to trading transactions and recorded a reversal of the bad debt provision. Meanwhile, a bad debt provision had been recorded against the full ¥336.121 million of long-term operating receivables, and collection concerns remain. - FY2024MitigatedAnnual report
「During the previous consolidated fiscal year, the Company recorded ¥518 million of outstanding receivables from customers of the trading business as bad debt expense under extraordinary loss. It has been pursuing collection with full recovery as its first priority and recognised amounts collected during the current consolidated fiscal year as a reversal of the bad debt provision under extraordinary income.」
The Company continued to collect outstanding receivables from the trading business and recorded a ¥158.922 million reversal of the bad debt provision during the current period. Receivables at risk of non-collection remain. - FY2024-Q3MitigatedAnnual report
「Between May 2023 and the end of November, the Company collected ¥112.922 million of outstanding receivables from customers of the trading business for which a bad debt provision had been recorded during the previous consolidated fiscal year, and recognised the amount collected as a reversal of the bad debt provision under extraordinary income.」
The Company collected ¥112.922 million of outstanding receivables from the trading business and recorded a reversal of the bad debt provision. Although receivables at risk of non-collection remain, collection has progressed further than through the previous quarter. - FY2024-Q2MitigatedAnnual report
「Between May 2023 and the end of August, the Company collected ¥32 million of outstanding receivables from customers of the trading business for which a bad debt provision had been recorded during the previous consolidated fiscal year, and recognised the amount collected as a reversal of the bad debt provision under extraordinary income.」
The Company collected ¥32 million of outstanding receivables from the trading business and recorded a reversal of the bad debt provision. Outstanding receivables at risk of non-collection nevertheless remain. - FY2024-Q1MitigatedAnnual report
「During the previous consolidated fiscal year, ¥8 million of outstanding receivables from customers of the trading business for which a bad debt provision had been recorded was collected, and the amount collected was recognised as a reversal of the bad debt provision under extraordinary income.」
The Company collected ¥8 million of outstanding receivables from the trading business and recorded a reversal of the bad debt provision. Meanwhile, a bad debt provision of the same amount had been recorded against related accounts receivable of ¥510.044 million at period-end, and collection concerns remain. - FY2023-Q3First statedAnnual report
「Because concerns arose regarding the collection of outstanding receivables from the trading business, they were classified as receivables at risk of default, and a provision for bad debts covering the full amount was recorded, with the expense recorded as extraordinary loss.」
Actual collection concerns arose regarding outstanding receivables from the trading business, and ¥405.487 million in bad debt expense covering the full amount of the receivables was recorded as extraordinary loss. Related accounts receivable from trading transactions were reported at ¥835.001 million.