Bad Debts on Customer Advances and Receivables
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2023: 8 of 30 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「During the consolidated cumulative third quarter period under review, there were no material additions or changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material additions or changes regarding bad debts on customer advances and receivables. - FY2021-Q3RestatedAnnual report
「During the consolidated cumulative third quarter period under review, there were no material additions or changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material additions or changes regarding bad debts on customer advances and receivables. - FY2017First statedAnnual report
「If market conditions change sharply, customers may incur losses exceeding their required margin, resulting in an advance payment by トレイダーズ証券. If receivables such as advances to customers cannot be collected, the group may incur losses from bad debts on part or all of those receivables, which could adversely affect its financial position and operating results.」
The company separately describes the risk of bad-debt losses if advances to customers arise during a sharp market move and cannot be collected.