Increase in Trade Receivables and Advances Paid on Behalf of Others and Bad Debt Risk
First written in FY2018. 17 of 31 entries say "Worsened", first in FY2020-Q1. Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2027-H1WorsenedAnnual report
「Current assets increased by ¥611 million from the end of the previous consolidated fiscal year to ¥22,004 million. This was mainly due to increases of ¥950 million in advances paid and ¥527 million in trade receivables, partly offset by a ¥871 million decrease in cash and deposits.」
Advances paid increased by ¥950 million and trade receivables by ¥527 million, with exposure to trade receivables and advances paid continuing to expand. - FY2026-H1WorsenedAnnual report
「Current assets increased by ¥370 million from the end of the previous consolidated fiscal year to ¥20,724 million. This was mainly attributable to increases of ¥450 million in notes and accounts receivable and ¥358 million in advances paid, partly offset by a ¥478 million decrease in cash and deposits.」
Notes and accounts receivable increased by ¥450 million and advances paid by ¥358 million, and the trade receivables and advances-paid exposure continues to expand. - FY2025WorsenedAnnual report
「This was mainly attributable to increases of ¥521 million in accounts receivable and ¥281 million in advances paid, partly offset by a ¥424 million decrease in cash and deposits.」
At the end of the fiscal year, accounts receivable increased by ¥521 million and advances paid by ¥281 million, expanding the trade receivables and advances-paid exposure. - FY2025-H1RestatedAnnual report
「Current assets increased by ¥2,015 million from the end of the previous consolidated fiscal year to ¥21,984 million. This was mainly attributable to increases of ¥785 million in notes and accounts receivable, ¥738 million in cash and deposits, and ¥392 million in advances paid.」
Both notes and accounts receivable and advances paid increased, and the trade receivables and advances-paid exposure continues to expand. - FY2025-Q1Both trade receivables and advances paid increasedAnnual report
「Current assets increased by ¥595 million from the end of the previous consolidated fiscal year to ¥20,563 million. This was mainly attributable to increases of ¥433 million in notes and accounts receivable and ¥178 million in advances paid.」
Although operating receivables and advances paid had both decreased over the previous full fiscal year, notes and accounts receivable and advances paid both increased in the current quarter. - FY2024Accounts receivable decreased, while advances paid increasedAnnual report
「Current assets decreased by ¥1,080 million from the end of the previous consolidated fiscal year to ¥19,968 million. This was mainly attributable to decreases of ¥870 million in cash and deposits and ¥203 million in accounts receivable.」
From the end of the previous consolidated fiscal year, accounts receivable decreased by ¥203 million, while advances paid increased by ¥24 million from ¥1,263 million to ¥1,287 million, resulting in divergent movements in trade receivables and advances paid. - FY2024-Q3Both trade receivables and advances paid increasedAnnual report
「Current assets increased by ¥1,065 million from the end of the previous consolidated fiscal year to ¥22,114 million. This was mainly attributable to increases of ¥784 million in notes and accounts receivable and ¥251 million in advances paid.」
From the end of the previous consolidated fiscal year, notes and accounts receivable increased by ¥784 million and advances paid by ¥251 million, expanding both components of the receivables and advances-paid exposure. - FY2024-Q1Trade receivables decreased, while advances paid increasedAnnual report
「This was mainly attributable to decreases of ¥667 million in cash and deposits and ¥108 million in notes and accounts receivable, while advances paid increased by ¥267 million.」
Operating receivables decreased by ¥108 million, while advances paid related to customs clearance and other services increased by ¥267 million, resulting in divergent movements in receivables and advances paid. - FY2023MitigatedAnnual report
「Current assets increased by ¥1,812 million from the end of the previous consolidated fiscal year to ¥21,048 million. This was mainly attributable to a ¥2,720 million increase in cash and deposits, partly offset by decreases of ¥597 million in operating receivables and ¥366 million in advances paid.」
Operating receivables decreased by ¥597 million and advances paid by ¥366 million, reducing over the full fiscal year the receivables and advances-paid exposure that had expanded through the previous fiscal year. - FY2023-Q3WorsenedAnnual report
「This was mainly attributable to increases of ¥1,448 million in notes, accounts receivable and contract assets, ¥824 million in cash and deposits, and ¥321 million in advances paid.」
From the end of the previous consolidated fiscal year, notes, accounts receivable and contract assets increased by ¥1,448 million and advances paid by ¥321 million, and the receivables and advances-paid exposure continues to expand. - FY2023-Q2WorsenedAnnual report
「Current assets increased by ¥3,175 million from the end of the previous consolidated fiscal year to ¥22,410 million. This was mainly attributable to increases of ¥1,182 million in notes, accounts receivable and contract assets, ¥1,037 million in cash and deposits, and ¥653 million in advances paid.」
Notes, accounts receivable and contract assets increased by ¥1,182 million and advances paid by ¥653 million, expanding the receivables and advances-paid exposure. - FY2023-Q1WorsenedAnnual report
「This was mainly attributable to increases of ¥544 million in notes, accounts receivable and contract assets, ¥228 million in advances paid, and ¥160 million in cash and deposits.」
From the end of the previous consolidated fiscal year, notes, accounts receivable and contract assets increased by ¥544 million and advances paid by ¥228 million, expanding the receivables and advances-paid exposure. - FY2022Continued increase in trade receivables and advances paidAnnual report
「Current assets increased by ¥2,382 million from the end of the previous consolidated fiscal year to ¥19,235 million. This was mainly attributable to increases of ¥2,000 million in cash and deposits, ¥253 million in advances paid, and ¥250 million in notes and accounts receivable.」
Over the full fiscal year, advances paid increased by ¥253 million and notes and accounts receivable by ¥250 million, continuing the increase in the trade receivables and advances-paid exposure. - FY2022-Q3WorsenedAnnual report
「Current assets increased by ¥2,686 million from the end of the previous consolidated fiscal year to ¥19,540 million. This was mainly attributable to increases of ¥1,954 million in notes and accounts receivable, ¥547 million in advances paid, and ¥167 million in cash and deposits.」
Notes and accounts receivable increased by ¥1,954 million and advances paid by ¥547 million, and the trade receivables and advances-paid exposure continues to expand. - FY2022-Q2Both trade receivables and advances paid increasedAnnual report
「Current assets increased by ¥803 million from the end of the previous consolidated fiscal year to ¥17,656 million. This was mainly attributable to increases of ¥328 million in notes and accounts receivable, ¥277 million in advances paid, and ¥154 million in cash and deposits.」
After notes and accounts receivable had decreased slightly and advances paid had increased in the previous quarter, both increased in the current quarter, by ¥328 million and ¥277 million, respectively. - FY2022-Q1Trade receivables decreased slightly, while advances paid increasedAnnual report
「Current assets increased by ¥894 million from the end of the previous consolidated fiscal year to ¥17,748 million. This was mainly attributable to a ¥907 million increase in cash and deposits.」
Notes and accounts receivable decreased slightly from ¥4,507 million to ¥4,482 million, while advances paid increased from ¥1,375 million to ¥1,400 million. - FY2021WorsenedAnnual report
「Current assets increased by ¥1,400 million from the end of the previous consolidated fiscal year to ¥16,853 million. This was mainly attributable to increases of ¥1,497 million in notes and accounts receivable and ¥477 million in advances paid, partly offset by a ¥317 million decrease in cash and deposits.」
Notes and accounts receivable increased by ¥1,497 million and advances paid by ¥477 million, confirming continued expansion of the trade receivables and advances-paid exposure over the full fiscal year. - FY2021-Q3WorsenedAnnual report
「Current assets increased by ¥8.54 million from the end of the previous consolidated fiscal year to ¥16,307 million. This was mainly attributable to increases of ¥1,568 million in notes and accounts receivable and ¥467 million in advances paid, partly offset by a ¥1,043 million decrease in cash and deposits.」
Notes and accounts receivable increased by ¥1,568 million and advances paid by ¥467 million, and the trade receivables and advances-paid exposure continues to expand. - FY2021-Q2WorsenedAnnual report
「Current assets increased by ¥245 million from the end of the previous consolidated fiscal year to ¥15,698 million. This was mainly attributable to increases of ¥746 million in notes and accounts receivable and ¥353 million in advances paid, partly offset by a ¥781 million decrease in cash and deposits.」
Notes and accounts receivable increased by ¥746 million and advances paid by ¥353 million, and the trade receivables and advances-paid exposure continues to expand. - FY2021-Q1WorsenedAnnual report
「Current assets increased by ¥73 million from the end of the previous consolidated fiscal year to ¥15,526 million. This was mainly attributable to increases of ¥1,266 million in notes and accounts receivable and ¥561 million in advances paid, partly offset by a ¥1,590 million decrease in cash and deposits.」
Notes and accounts receivable increased by ¥1,266 million and advances paid by ¥561 million, expanding the trade receivables and advances-paid exposure from the end of the previous fiscal year. - FY2020-Q3WorsenedAnnual report
「Current assets increased by ¥8,347 million from the end of the previous consolidated fiscal year to ¥16,072 million. This was mainly attributable to increases of ¥3,946 million in cash and deposits and ¥3,588 million in notes and accounts receivable following Nisshin Transport becoming a wholly owned subsidiary.」
Following Nisshin Transport becoming a wholly owned subsidiary, notes and accounts receivable increased by ¥3,588 million, further expanding the trade receivables exposure from the previous quarter's disclosure. - FY2020-Q2WorsenedAnnual report
「Current assets increased by ¥7,847 million from the end of the previous consolidated fiscal year to ¥15,573 million. This was mainly attributable to increases of ¥4,344 million in cash and deposits and ¥2,945 million in notes and accounts receivable following Nisshin Transport becoming a wholly owned subsidiary.」
Following Nisshin Transport becoming a wholly owned subsidiary, notes and accounts receivable increased by ¥2,945 million, further expanding the trade receivables exposure. - FY2020-Q1WorsenedAnnual report
「This was mainly attributable to increases of ¥4,301 million in cash and deposits and ¥2,572 million in notes and accounts receivable following Nisshin Transport becoming a wholly owned subsidiary.」
Following Nisshin Transport becoming a wholly owned subsidiary, notes and accounts receivable increased by ¥2,572 million, expanding the trade receivables exposure. - FY2019RestatedAnnual report
「This was mainly attributable to increases of ¥564 million in cash and deposits and ¥34 million in notes and accounts receivable, while advances paid decreased by ¥178 million.」
Regarding the credit risk associated with trade receivables and advances paid against the backdrop of increased customs-clearance assignments, the balances again moved in opposite directions during the fiscal year, with trade receivables increasing and advances paid decreasing. - FY2019-Q3Trade receivables increased, while advances paid decreasedAnnual report
「This was mainly attributable to increases of ¥615 million in notes and accounts receivable and ¥167 million in cash and deposits.」
Notes and accounts receivable increased by ¥615 million from the end of the previous consolidated fiscal year, while the balance of advances paid decreased, resulting in divergent movements in trade receivables and advances paid. - FY2019-Q2Both trade receivables and advances paid increasedAnnual report
「This was mainly attributable to increases of ¥178 million in notes and accounts receivable, ¥161 million in cash and deposits, and ¥24 million in advances paid.」
At the end of the second quarter, notes and accounts receivable had increased by ¥178 million and advances paid by ¥24 million. This represented a change from the decrease in advances paid in the previous quarter. - FY2019-Q1Trade receivables increased, while advances paid decreasedAnnual report
「This was mainly attributable to decreases of ¥128 million in cash and deposits and ¥86 million in advances paid, while notes and accounts receivable increased by ¥42 million.」
During the quarter, notes and accounts receivable increased by ¥42 million, while advances paid decreased by ¥86 million, resulting in divergent movements in the balances. - FY2018First statedAnnual report
「Recently, the company has received more customs-clearance assignments as it has strengthened its integrated transportation services, inevitably increasing trade receivables. In addition, under customary practice in the customs brokerage business, the company often pays import duties and other costs on behalf of importing customers, and advances paid are also trending upward.」
Against the backdrop of increased trade receivables and advances paid due to the growth of integrated transportation and customs-clearance assignments, the company explicitly identifies the bad debt risk that could arise if credit risk materializes.