Increase in Allowance for Doubtful Accounts and Risk of Claims for Refunds of Overpaid Interest
First written in FY2016. 16 of 33 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2026.
Jaccs moved to the "Worse" side of this theme in 2016.
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Change in the composition of the allowance for doubtful accounts due to an increase domestically and a decrease overseasAnnual report
「Allowance for doubtful accounts: domestic segment ¥25,880 million; overseas segment ¥5,767 million; total ¥31,648 million」
The allowance for doubtful accounts was ¥25,880 million in the domestic segment and ¥5,767 million in the overseas segment, with an increase in the domestic segment and a decrease in the overseas segment occurring concurrently. - 2026-05-15MitigatedEarnings
「Provision for allowance for doubtful accounts 30,310 28,937」
The provision for allowance for doubtful accounts declined from the previous period. - FY2026-H1Provision for doubtful accounts updatedAnnual report
「Provision for doubtful accounts 14,147 14,029」
The provision for doubtful accounts decreased from ¥14,147 million in the same interim period of the previous year to ¥14,029 million. - FY2025WorsenedAnnual report
「The provision for doubtful accounts increased from ¥23,442 million to ¥30,310 million.」
The provision for doubtful accounts increased from ¥23,442 million in the previous year to ¥30,310 million, increasing the earnings impact of credit risk. - FY2025-H1WorsenedAnnual report
「Provision for doubtful accounts 10,990 14,147」
The provision for doubtful accounts increased from ¥10,990 million in the same interim period of the previous year to ¥14,147 million, reflecting the actual increase in credit-related costs mainly due to the growth in operating receivables. - FY2024WorsenedAnnual report
「The provision for doubtful accounts increased from ¥19,780 million to ¥23,442 million.」
The provision for doubtful accounts increased from ¥19,780 million in the previous year to ¥23,442 million. The consolidated allowance for doubtful accounts also increased from ¥29,058 million to ¥30,012 million. - FY2024-Q3WorsenedAnnual report
「Meanwhile, on the cost side, credit loss-related costs increased as total receivables expanded, while financial costs also increased with the expansion of transaction volume. As a result, consolidated operating expenses were ¥112.038 billion, up 8.5% year on year.」
Credit-related costs continued to increase as total receivables expanded, and higher finance costs also contributed, resulting in an actual increase in consolidated operating expenses. - FY2024-Q2WorsenedAnnual report
「Consolidated operating expenses were ¥73.788 billion, up 7.1% year on year, as credit loss-related costs increased with the expansion of total receivables and financial costs increased with the expansion of transaction volume.」
Credit-related costs continued to increase as total receivables expanded, and the provision for doubtful accounts increased from ¥9,608 million in the same period of the previous year to ¥10,990 million. The risk has been quantified and is actually being incurred as higher expenses. - FY2024-Q1WorsenedAnnual report
「As a result, transaction volume in the overseas business was ¥22.99 billion, up 16.6% year on year, and segment operating revenue was ¥6.135 billion, up 22.7%. However, segment profit was ¥379 million, down 48.8%, mainly due to increases in finance costs and credit-related costs.」
In the overseas business, transaction volume and operating revenue increased, while higher credit-related costs, together with higher finance costs, weighed on segment profit. - FY2023MitigatedAnnual report
「On the cost side, bad-debt-related expenses declined in both the domestic and overseas businesses as uncollected receivables were contained.」
The containment of uncollected receivables in the domestic and overseas businesses was reflected in lower full-year bad-debt-related expenses. - FY2023-Q3MitigatedAnnual report
「Bad-debt-related expenses declined as the quality of receivables improved.」
The company reported that progress in improving the quality of receivables reduced bad-debt-related expenses and lowered the impact of credit loss risk on earnings. - FY2023-Q2MitigatedAnnual report
「Consolidated operating expenses were ¥68.911 billion, up 1.6% year on year. Credit loss-related costs declined due to lower financial costs and progress in improving asset quality, but card issuance-related costs and other expenses increased as the number of cardholders grew.」
The company reported that progress in improving the quality of receivables reduced bad-debt-related expenses and lowered the impact of credit loss risk on earnings compared with the same period of the previous year. - FY2022MitigatedAnnual report
「In the domestic business, the company reduced property-related expenses, including outsourcing costs, by optimizing operations through the digitalization of customer contact points and the increasing automation of operational work at various centers, as well as office consolidation and relocation following a review of branch locations. Bad-debt-related expenses also declined as uncollected receivables were contained. Finance costs and bad-debt-related expenses also declined in the overseas business.」
The company reported that containing uncollected receivables and reducing bad-debt-related expenses, including overseas, reduced the impact of credit loss risk on earnings compared with the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「Consolidated operating expenses were ¥100,764 million, down 7.0% year on year, due to lower finance costs and the containment of bad-debt-related expenses.」
Lower finance costs and containment of bad-debt-related expenses resulted in a 7.0% year-on-year decline in consolidated operating expenses. - FY2022-Q2MitigatedAnnual report
「Consolidated operating expenses were ¥67,842 million, down 9.1% year on year, due to lower finance costs and the containment of bad-debt-related expenses.」
Lower finance costs and containment of bad-debt-related expenses resulted in a 9.1% year-on-year decline in consolidated operating expenses. - FY2022-Q1MitigatedAnnual report
「Consolidated operating expenses were ¥33,523 million, down 7.4% year on year, due to lower finance costs and declines in bad-debt-related expenses both domestically and overseas.」
Lower bad-debt-related expenses domestically and overseas resulted in a 7.4% year-on-year decline in consolidated operating expenses. - FY2021WorsenedAnnual report
「The allowance for doubtful accounts recognized in the consolidated financial statements was ¥29,911 million, comprising ¥25,205 million for the domestic segment and ¥4,705 million for the overseas segment.」
The company disclosed the allowance for doubtful accounts by domestic and overseas segment and explained that higher bad-debt-related expenses in the overseas business pushed up consolidated operating expenses. - FY2021-Q3RestatedAnnual report
「Although promotional expenses and other costs declined in line with the curtailment of sales activities, consolidated operating expenses rose 3.3% year on year to ¥108,396 million due mainly to higher bad-debt-related expenses in the overseas business and higher finance costs resulting from the depreciation of the Indonesian currency.」
The continued increase in bad-debt-related expenses in the overseas business became a factor behind higher consolidated operating expenses, more than offsetting the decline in promotional expenses and other costs resulting from the curtailment of sales activities. - FY2021-Q2WorsenedAnnual report
「Although selling, general and administrative expenses declined in line with lower transaction volume and the curtailment of sales activities, consolidated operating expenses rose 8.3% year on year to ¥74,655 million, mainly due to higher bad-debt-related expenses in Indonesia and higher finance costs resulting from the depreciation of the rupiah.」
Bad-debt-related expenses in Indonesia increased, and consolidated operating expenses rose 8.3% year on year despite lower selling, general and administrative expenses resulting from the decline in transaction volume and other factors. - FY2021-Q1WorsenedAnnual report
「Although selling, general and administrative expenses declined in line with lower transaction volume and the curtailment of operating activities, consolidated operating expenses increased to ¥36,183 million, up 6.4% year on year, due to higher bad-debt-related expenses in Indonesia and higher financial expenses resulting from the sharp depreciation of the rupiah.」
Higher bad-debt-related expenses in Indonesia actually occurred as a factor behind the increase in consolidated operating expenses. - FY2020-Q3RestatedAnnual report
「Consolidated operating expenses were ¥104,905 million, up 7.3% year on year, due to higher selling, general and administrative expenses supported by strong transaction volume and higher bad-debt-related expenses accompanying the expansion of operating receivables.」
Higher bad-debt-related expenses accompanying the expansion of operating receivables continued to contribute to higher operating expenses. - FY2020-Q2WorsenedAnnual report
「Consolidated operating expenses were ¥68,905 million, up 7.5% year on year, due to higher selling, general and administrative expenses resulting from business expansion by group companies and higher bad-debt-related expenses accompanying the expansion of operating receivables.」
Bad-debt-related expenses continued to increase as operating receivables expanded, and the provision for doubtful accounts included in selling, general and administrative expenses increased from ¥9,736 million in the same period of the previous year to ¥12,109 million. - FY2020-Q1WorsenedAnnual report
「Operating expenses were ¥34,019 million, up 7.1% year on year, due to higher selling, general and administrative expenses resulting from business expansion by group companies and higher bad-debt-related expenses accompanying the expansion of operating receivables.」
Higher bad-debt-related expenses accompanying the expansion of operating receivables continued to be cited as a factor behind higher operating expenses. - FY2019-Q3RestatedAnnual report
「Operating expenses increased due to higher bad-debt-related expenses accompanying the expansion of operating receivables, as well as higher finance costs and other expenses resulting from the depreciation of the Indonesian rupiah.」
Higher bad-debt-related expenses accompanying the expansion of operating receivables continued to contribute to higher operating expenses. - FY2019-Q2WorsenedAnnual report
「Operating expenses increased due to higher selling, general and administrative expenses and finance costs resulting from the expansion of transaction volume, as well as system-related expenses aimed at growth and efficiency. Bad-debt-related expenses also increased as operating receivables expanded.」
Bad-debt-related expenses continued to increase as operating receivables expanded, and the provision for doubtful accounts increased from ¥7,481 million in the same period of the previous year to ¥9,929 million. - FY2019-Q1WorsenedAnnual report
「Operating expenses increased as bad-debt-related expenses rose due to higher uncollected receivables accompanying the expansion of operating receivables, as well as increases in personal bankruptcies and other debt restructuring.」
In addition to higher uncollected receivables accompanying the expansion of operating receivables, increases in personal bankruptcies and other debt restructuring were cited as factors behind higher bad-debt-related expenses. - FY2018WorsenedAnnual report
「Bad-debt-related expenses increased due to higher uncollected receivables accompanying the expansion of operating receivables, as well as increases in personal bankruptcies and other debt restructuring, resulting in performance below the forecast.」
In addition to higher uncollected receivables, increases in personal bankruptcies and other debt restructuring were explicitly identified as factors behind higher bad-debt-related expenses, contributing to the failure to meet the earnings forecast. - FY2018-Q3WorsenedAnnual report
「The Group's operating expenses increased as various costs were incurred following the consolidation of Indonesia-based MPMF as a subsidiary. In addition, although the Group pursued cost structure reforms, improved organizational and operational efficiency, and worked to reduce various expenses, credit loss-related costs increased due to the rise in receivables outstanding accompanying the expansion of total operating receivables and the increase in debt restructuring, including personal bankruptcy.」
The company cited the increase in personal bankruptcies and other debt restructuring as a new factor behind higher bad-debt-related expenses, in addition to the increase in uncollected receivables. - FY2018-Q2WorsenedAnnual report
「The Group has worked to reduce various expenses by pursuing cost structure reforms and improving organizational and operational efficiency. However, as operating receivables expanded, the balance of receivables outstanding increased, resulting in higher provisions for credit losses.」
Uncollected receivables and the provision for doubtful accounts continued to increase as operating receivables expanded. The provision for doubtful accounts was ¥7,481 million, compared with ¥4,522 million in the same period of the previous year. - FY2018-Q1MaterialisedAnnual report
「In addition, uncollected receivables increased as operating receivables accumulated, resulting in a higher provision for doubtful accounts.」
The increase in uncollected receivables and the provision for doubtful accounts accompanying the accumulation of operating receivables continued to contribute to higher operating expenses. - FY2017-Q3RestatedAnnual report
「Meanwhile, operating expenses increased, including retirement benefit expenses, bad-debt-related expenses and system-related expenses for strategic investment.」
The company continues to cite higher bad-debt-related expenses as a factor behind the increase in operating expenses. - FY2017-Q2MaterialisedAnnual report
「Operating expenses increased mainly due to retirement benefit expenses, bad debt-related expenses and system-related costs for strategic investments.」
The increase in bad-debt-related expenses was cited as one of the main factors behind higher operating expenses. The provision for doubtful accounts included in selling, general and administrative expenses also increased from ¥3,476 million in the same period of the previous year to ¥4,522 million. There was no new disclosure regarding claims for refunds of excess interest. - FY2016First statedAnnual report
「Although a certain level of delinquencies is expected as total receivables increase, we believe the impact on earnings will be limited. As for claims for interest refunds, or so-called claims for refunds of excess interest, our lending rates have always been below the limits under the Interest Rate Restriction Act, and we therefore believe their impact on earnings will remain limited.」
While delinquencies are expected to increase as total receivables grow, the company explained that the impact of delinquencies and claims for refunds of excess interest would be limited.