Collection Risk on Receivables from Affiliates and Major Shareholders
First written in FY2016. 25 of 31 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 7 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Claims in bankruptcy and reorganization proceedings 0 Allowance for doubtful accounts △ 0」
Claims in bankruptcy and reorganization proceedings against affiliated companies and others and the allowance for doubtful accounts were ¥0 million at the end of the fiscal year, eliminating the balance previously identified. - FY2024RestatedAnnual report
「Claims in bankruptcy and reorganization proceedings 1 Allowance for doubtful accounts △ 1」
Claims in bankruptcy and reorganization proceedings against affiliated companies and others and the allowance for doubtful accounts remain at ¥1 million at the end of the fiscal year. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2022RestatedAnnual report
「Claims in bankruptcy and reorganization proceedings 1 Allowance for doubtful accounts △ 1」
Claims in bankruptcy and reorganization proceedings against affiliated companies and others and the allowance for doubtful accounts remain at ¥1 million at the end of the fiscal year. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2021MitigatedAnnual report
「The decrease in the allowance for doubtful accounts during the period was ¥797 million from use for its intended purpose and ¥36 million for other reasons, leaving an ending balance of ¥1 million.」
Claims in bankruptcy and reorganization proceedings against affiliated companies and others and the allowance for doubtful accounts decreased from ¥835 million at the end of the previous fiscal year to ¥1 million at the end of the period. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. Claims in bankruptcy and reorganization proceedings and the allowance for doubtful accounts on the balance sheet total ¥38 million. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2021-Q1MitigatedAnnual report
「Claims in bankruptcy and reorganization proceedings 835 38 Allowance for doubtful accounts △ 835 △ 38」
Claims in bankruptcy and reorganization proceedings and the related allowance for doubtful accounts decreased from ¥835 million at the end of the previous fiscal year to ¥38 million at the end of Q1. The reason for the decrease is not explained in the text, but the balance and allowance remain outstanding. - FY2020-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter period, there was no new occurrence of business or other risk, nor any material change in the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2019-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2019-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2018MitigatedAnnual report
「During the period, all claims in bankruptcy and reorganization proceedings against Aston Luxury Group Limited were offset against dividends payable.」
All claims in bankruptcy and reorganization proceedings against major shareholder Aston were settled through offsetting against dividends. Meanwhile, the ¥797 million receivable from Jewel Source Japan remains subject to a full allowance for doubtful accounts. - FY2018-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2018-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2017MitigatedAnnual report
「During the period, ¥22 million of this amount was offset against dividends payable, resulting in an ending balance of ¥35 million.」
Receivables from major shareholder Aston decreased from ¥57 million to ¥35 million through offsetting against dividends. Meanwhile, the ¥797 million receivable from Jewel Source Japan remains subject to a full allowance. - FY2017-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2017-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2017-Q1RestatedAnnual report
「During the cumulative period of the first quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in the collection risk on receivables from affiliated companies and major shareholders. - FY2016First statedAnnual report
「After payments on receivables, including accounts receivable, from JSJ failed to be made as agreed, the Company received a response from JSJ dated 23 April 2015 stating that, because it had received notice from the Company to discontinue transactions, which accounted for most of JSJ's business, it was forced to substantially scale back its operations as of the end of April 2015. After reviewing the prospects for collecting the receivables, including accounts receivable, owed by JSJ, the Company determined that the risk of non-collection had arisen, although it had been unable to confirm JSJ's recent financial position. It therefore reclassified the total ¥797 million in receivables from JSJ as claims in bankruptcy and reorganization proceedings and recognized an allowance for doubtful accounts for the full amount.」
Non-payment, business contraction and the risk of non-collection actually arose in relation to ¥797 million in receivables from an affiliated company, and a full allowance was recognized.