Collection and valuation risks related to investments and loans to affiliates
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 7 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If the fair value of shares in an affiliated company declines substantially due to deterioration in the affiliated company's financial position, the Company recognizes an impairment loss on those shares unless sufficient evidence supports their recoverability.」
The Company continues to disclose impairment testing of the ¥368.405 million investment in affiliated companies in the event of deterioration in an affiliated company's financial position as a significant accounting estimate. - FY2024First statedAnnual report
「If the fair value of shares in an affiliated company declines substantially due to deterioration in the affiliated company's financial position, the Company recognizes an impairment loss on those shares unless sufficient evidence supports their recoverability. For receivables from affiliated companies whose financial position has deteriorated, the Company estimates recoverability individually and records an allowance for doubtful accounts.」
The Company recorded investments in affiliated companies of ¥368.405 million, long-term accounts receivable of ¥53.593 million and an allowance for doubtful accounts of ¥42.132 million, newly disclosing valuation and recovery exposure based on deterioration in affiliated companies' financial positions.