Accounts Receivable Collection and Cash Flow Risks Involving Specific Business Partners
First written in FY2024. 3 of 5 entries say "Materialised", first in 2026-05-08. Latest entry: FY2027-H1.
Value Creation moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 5 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「The Plaintiff filed this Lawsuit seeking damages from the company and a former director, alleging that the Plaintiff suffered losses from fictitious circular transactions conducted in connection with the advertising agency business operated by the Plaintiff and its parent company, that the company’s former director was involved in those transactions, and that the company bears employer liability or liability under the Companies Act for the former director’s conduct.」
A claim for damages, including uncollected accounts receivable, relating to transactions with a specific business partner has developed into actual litigation. The company recognizes that there are points on which it should contest the claim. - FY2024First statedAnnual report
「In this transaction, we act as an intermediary between G-PLAN Inc. and the subcontractor, and for accounting purposes the transaction is treated as one in which we act as an agent rather than as principal. During the current fiscal year, the gross amounts of trade receivables and trade payables represented 81.7% and 91.2%, respectively, of total trade receivables and trade payables, a significant proportion of the total. This could affect overall liquidity.」
Transactions involving G-PLAN Inc. account for 81.7% of trade receivables and 91.2% of trade payables, creating a risk that delayed collections or similar issues could affect liquidity.