Company: TAK
Filing Date: 2025-06-25
Form Type: 20-F
Source: 0001395064-25-000095
Chunk: 271

Company: TAKEDA PHARMACEUTICAL CO LTD
Filing Date: 2025-06-25
Form: 20-F
Item: Item 19
Chunk 271
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 account any collateral held at the end of the reporting period, is represented by the carrying amount of the financial instruments which is exposed to credit risk on the consolidated statements of financial position. Takeda regularly monitors the status of credit risk exposure with banks and financial institutions.

Customer Credit Risk

Trade and other receivables are exposed to customer credit risk. Takeda monitors the status of overdue balances, reviews outstanding balances for each customer and regularly examines the credibility of major customers in accordance with Takeda’s policies for credit management to facilitate the early evaluation and the reduction of potential credit risks. In parallel, Takeda utilizes programs to sell certain trade and other receivables due from certain customers to a select group of banks on a non-recourse basis which in turn minimizes the credit risk associated with such customers. If necessary, Takeda obtains rights to collateral or guarantees on the receivables.

The following represents the carrying amount of the trade receivables categorized by due date and the analysis of impairment loss allowance as of March 31, 2024 and 2025:

                                      JPY (millions) except for percentage                                                                                                                                                                   
                                      As of March 31, 2024                                                                                                                                                                                   
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                Amount past due                                                                                                                                              
                                      Current                                   Within 30            Over 30 days but within 60 days      Over 60 days but within 90 days      Over 90 days but within one year      Over one      Total     
  Gross carrying amount               ¥                                         ¥                    ¥                                    ¥                                    ¥                                     ¥             ¥         
  Impairment loss allowance           ( 2,482)                                  ( 107)               ( 143)                               ( 99)                                ( 450)                                ( 5,095)      ( 8,376)  
  Net carrying amount                                                                                                                                                                                                                        
  Weighted average loss rate (%)      0.5                                       0.3                  1.1                                  2.5                                  2.1                                   25.0          1.3       

                                      JPY (millions) except for percentage                                                                                                                                                                   
                                      As of March 31, 2025                                                                                                                                                                                   
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                Amount past due                                                                                                                                              
                                      Current                                   Within