Review of the Method for Calculating the Historical Bad Debt Loss Rate
First written in FY2018. 1 of 6 entries say "Restated". Latest entry: FY2023-Q2.
0 other companies' latest entry also says "Other".
- FY2023-Q2Reversal of the allowance for doubtful accounts decreasedAnnual report
「Reversal of allowance for doubtful accounts △ 608 △ 63」
The reversal of the allowance for doubtful accounts decreased from ¥608 million in the same period of the previous year to ¥63 million. The decrease in the reversal was a factor behind the increase in general and administrative expenses. - FY2023-Q1Increase in general and administrative expenses due to a decrease in the reversal of the allowance for doubtful accountsAnnual report
「In addition, general and administrative expenses increased partly because the reversal of the allowance for doubtful accounts decreased」
The decrease in the reversal of the allowance for doubtful accounts was cited as a factor behind the increase in general and administrative expenses and the decline in operating income. - FY2022-Q3RestatedAnnual report
「General and administrative expenses were ¥5,391 million, down 6.7% year on year, mainly due to a decrease in the charge resulting from the Company's review of the allowance for doubtful accounts calculation method, among other factors.」
General and administrative expenses decreased 6.7% year on year, mainly due to a decrease in the charge resulting from the review of the allowance for doubtful accounts calculation method. - FY2022-Q2Increase in the reversal of the allowance for doubtful accounts resulting from the review of the calculation methodAnnual report
「General and administrative expenses were ¥3,454 million, down 8.0% year on year, mainly due to a decrease in the charge resulting from the Company's review of the allowance for doubtful accounts calculation method (¥608 million reversal), among other factors.」
The reversal of the allowance for doubtful accounts resulting from the review of the calculation method was ¥608 million, up from ¥226 million in the same period of the previous year. This was a factor behind the decrease in general and administrative expenses. - FY2022-Q1Increase in the reversal of the allowance for doubtful accounts resulting from the review of the calculation methodAnnual report
「General and administrative expenses were ¥1,517 million, down 16.5% year on year, mainly reflecting the impact of an increase in the reversal of the allowance for doubtful accounts resulting from the Company's review of the calculation method (¥496 million), among other factors.」
The reversal of the allowance for doubtful accounts resulting from the review of the calculation method increased by ¥496 million, while general and administrative expenses decreased 16.5% year on year. - FY2018First statedAnnual report
「During the current consolidated fiscal year, the Company reviewed the method used to calculate the historical loss rate for general receivables in order to smooth fluctuations in each calculation period more precisely.」
The method for calculating the historical loss rate for general receivables was reviewed. As a result, compared with before the review, operating income, ordinary income and profit before income taxes decreased by ¥782 million each in the current fiscal year.