Credit and receivables management and maintaining liquidity headroom
First written in FY2021. 2 of 13 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Slower growth in the allowance for doubtful accountsAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 5,156 291」
The increase in the allowance for doubtful accounts narrowed from ¥5,156 thousand in the previous fiscal year to ¥291 thousand in the current fiscal year. The allowance continued to increase, but the increase in the financial burden associated with receivables management and bad-debt risk was smaller than in the previous fiscal year. - 2026-06-04RestatedGeneral Meeting of Shareholders
「With respect to this risk, the Company has established a system for managing collection by due date and outstanding balances for each business partner in accordance with its credit management regulations.」
The credit management, collection-by-due-date management, and outstanding-balance management framework for trade receivables and advances paid on behalf of others has been reaffirmed. - FY2025Shift to an increase in the allowance for doubtful accountsAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) △ 40,344 5,156」
The allowance for doubtful accounts changed from a ¥40,344 thousand decrease in the previous fiscal year to a ¥5,156 thousand increase in the current fiscal year. The shift from the previous downward trend indicates a greater financial burden associated with receivables management and bad-debt risk. - FY2025-H1Continued decrease in the allowance for doubtful accountsAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) △ 41,321 △ 1,396」
In cash flows from operating activities, the allowance for doubtful accounts decreased by ¥1,396 thousand. Following the ¥41,321 thousand decrease in the previous interim period, the allowance for doubtful accounts continued to decline, indicating that the financial burden associated with receivables management and bad-debt risk is trending downward. - FY2024Continued decrease in the allowance for doubtful accountsAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 44,548 △40,344」
In cash flows from operating activities, the allowance for doubtful accounts decreased by ¥40,344 thousand. It shifted from an increase of ¥44,548 thousand in the previous fiscal year to a decrease, indicating a reduced financial burden associated with receivables management and bad-debt risk. - FY2024-Q3Continued decrease in the allowance for doubtful accountsAnnual report
「Property, plant and equipment increased by ¥134,973 thousand from the end of the previous fiscal year to ¥2,380,463 thousand. This was mainly due to a ¥162,157 thousand increase in investment securities, a ¥36,946 thousand decrease in the allowance for doubtful accounts, and a ¥20,948 thousand decrease in goodwill.」
The allowance for doubtful accounts decreased by ¥36,946 thousand from the end of the previous fiscal year, with the decrease continuing after the increases through the previous fiscal year. This indicates a reduced financial burden associated with receivables management and bad-debt risk. - FY2024-Q2Continued decrease in the allowance for doubtful accountsAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 43,533 △ 41,321」
In cash flows from operating activities, the allowance for doubtful accounts decreased by ¥41,321 thousand. On the balance sheet, the allowance for doubtful accounts also decreased from ¥255,697 thousand at the end of the previous fiscal year to ¥215,735 thousand. - FY2024-Q1Decrease in allowance for doubtful accountsAnnual report
「Previous fiscal year (31 March 2023) Current first-quarter accounting period (30 June 2023) Allowance for doubtful accounts △255,697 △244,631」
The allowance for doubtful accounts recorded in investments and other assets decreased from ¥255,697 thousand to ¥244,631 thousand. The trend of continued increases through the previous fiscal year shifted to a decrease in the current quarter. - FY2023Allowance for doubtful accounts continues to increaseAnnual report
「Change in allowance for doubtful accounts (△ indicates a decrease) 44,548」
The statement of cash flows for the current period shows a ¥44,548 thousand increase in the allowance for doubtful accounts, indicating that the financial burden associated with receivables management and bad-debt risk continues. - FY2023-Q3Allowance for doubtful accounts continues to increaseAnnual report
「Property, plant and equipment increased by ¥23,054 thousand from the end of the previous fiscal year to ¥2,134,460 thousand. This was mainly due to a ¥76,952 thousand increase in investment securities, a ¥41,687 thousand increase in the allowance for doubtful accounts, and a ¥20,948 thousand decrease in goodwill.」
The allowance for doubtful accounts increased by ¥41,687 thousand, indicating that the financial burden associated with receivables management and bad-debt risk increased further from the previous quarter. - FY2023-Q2Increase in the allowance for doubtful accountsAnnual report
「Property, plant and equipment decreased by ¥97,453 thousand from the end of the previous fiscal year to ¥2,013,951 thousand. This was mainly due to a ¥54,815 thousand decrease in investment securities and a ¥35,375 thousand increase in the allowance for doubtful accounts.」
The allowance for doubtful accounts increased by ¥35,375 thousand, indicating a greater financial burden associated with receivables management and bad-debt risk. - FY2022RestatedAnnual report
「We thoroughly manage credit for new and existing business partners to prevent bad debts on receivables. The accounting department also manages receivables company-wide, and if overdue receivables are identified, it reports them to the sales department and requires it to take appropriate measures, thereby managing bad-debt risk. We also prepare and update cash flow plans in a timely manner and maintain a certain level of excess funds at all times, establishing a framework capable of responding to sudden funding needs.」
The company continues to manage risk by combining credit management for business partners, company-wide receivables management, measures to address overdue receivables, updates to cash flow plans, and maintenance of excess funds. - FY2021First statedAnnual report
「We thoroughly manage credit for new and existing business partners to prevent bad debts on receivables. The accounting department also manages receivables company-wide, and if overdue receivables are identified, it reports them to the sales department and requires it to take appropriate measures, thereby managing bad-debt risk. We also prepare and update cash flow plans in a timely manner and maintain a certain level of excess funds at all times, establishing a framework capable of responding to sudden funding needs.」
For the first time, the company specifically describes a risk management framework combining credit management for new and existing business partners, company-wide receivables management by the accounting department, reporting to and requiring action by the sales department when overdue receivables arise, updates to cash flow plans, and maintenance of excess funds.