Bad Debts Not Fully Covered by Trade Credit Insurance and the Spillover Effects of Retail Company Bankruptcies
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2025: 13 of 64 companies on the "Worse" side.
- FY2024-Q1MaterialisedAnnual report
「In the United States, financial uncertainty caused by the failures of regional banks has also led to the failure of some retailers amid competition from major mass retailers and online sales.」
The company states that financial uncertainty caused by the failures of regional banks and the failure of retailers amid retail competition have actually occurred in the United States. - FY2022RestatedAnnual report
「We have established rules and rigorously manage credit by customer. We also make efforts to minimize the impact of bad debts on profit or loss, including by maintaining trade credit insurance at all times. However, some transaction amounts cannot be adequately covered by trade credit insurance for accounts receivable, so the situation requiring caution is expected to continue.」
While the company continues to manage credit by customer and maintain trade credit insurance, it also continues to exercise caution regarding transaction amounts that cannot be adequately covered by insurance. - FY2021RestatedAnnual report
「Our group has established rules and rigorously manages credit by customer. We also make efforts to minimize the impact of bad debts on profit or loss, including by maintaining trade credit insurance at all times. However, some transaction amounts cannot be adequately covered by trade credit insurance for accounts receivable, so the situation requiring caution is expected to continue.」
While the company continues to manage credit by customer and maintain trade credit insurance, some transaction amounts cannot be adequately covered by insurance, and the situation requiring caution continues. - FY2020RestatedAnnual report
「Our group has established rules and rigorously manages credit by customer. We also make efforts to minimize the impact of bad debts on profit or loss, including by maintaining trade credit insurance at all times. However, some transaction amounts cannot be adequately covered by trade credit insurance for accounts receivable, so the situation requiring caution is expected to continue.」
The company continues to manage credit by customer and maintain trade credit insurance, but some transaction amounts cannot be adequately covered by insurance, and the situation requiring caution also continues. - FY2019RestatedAnnual report
「Because some transaction amounts cannot be adequately covered by trade credit insurance for accounts receivable, the situation requiring caution is expected to continue.」
While the company manages credit and uses trade credit insurance, some transaction amounts cannot be adequately covered by insurance, and the situation continues to require caution. - FY2019-Q1MaterialisedAnnual report
「Closing-down sales at Toys“R”Us in the United States became widespread in March of the current quarter following the company's failure, but Magna-Tiles was not handled by the company and therefore was not directly affected.」
The company states that the failure of Toys“R”Us in the United States and the resulting closing-down sales actually occurred, while Magna-Tiles was not handled by the company and was not directly affected. - FY2018First statedAnnual report
「During the consolidated fiscal year, the invocation of Chapter 11 of the U.S. Bankruptcy Code by Toys“R”Us in the United States became a global news story. Trading with 日本トイザらス株式会社 has continued across the toy industry, but the associated risk requiring caution has increased.」
The company states that the risk requiring caution in transactions with 日本トイザらス株式会社 has increased following the bankruptcy filing by Toys“R”Us in the United States.