In the transaction between the companies, for the promissory notes to be used when the deferred payment of the price, the Ministry of Economy, Trade and Industry has a long period of up to payment, as the burden of financing for small and medium-sized enterprises is heavy, use the prospect of 2026, five years after We have decided to ask the industry and the financial industry to take action to abolish.
On the 19th, the Ministry of Economy, Trade and Industry held a study group of experts on promissory notes used for deferred payment in transactions between companies, and compiled a report showing the future direction.
Among them, he pointed out that it takes time to receive cash for promissory notes, which is a burden on SMEs' cash flow, paper is used, printing, mailing and storage costs are high, and there is a risk of loss. However, he said that the use should be abolished because it is not suitable for the times.
Sonouede, prospect of abolition is a 2026 five years later, has been asked to develop a voluntary action plan for the realization in the industry and the financial industry.
In the action plan, large companies will abolish the use in advance, transfer payment by cash, and promote the transition to "electronically recorded receivables" that digitize receivables such as bills and trade them on the Internet. It is said that you should consider shortening the period until payment even with this method.
The Ministry of Economy, Trade and Industry wants to improve old business practices by encouraging the execution of plans formulated according to the characteristics of the industry.
Minister of Economy, Trade and Industry Kajiyama "Response based on the cash flow burden of the recipient of the bill"
The prospect of the 2026 year, the aim of the government's policy to seek the abolition of the use of promissory notes, Kajiyama Minister of Economy, Trade and Industry, at a press conference after the cabinet meeting, the side of the cash flow burden of receiving the bill, such as a long period of up to payment I explained that it was a response based on.
For promissory notes to be used when the deferred payment of the price in the transaction between the companies, the government has decided to seek corresponding to the industry and the financial industry to abolish the use of the prospect of the 2026 five years later.
Regarding this, Minister Kajiyama said at a press conference after the Cabinet meeting, "Promissory notes have played a very important role in economic development and settlement between companies, but the burden of cash flow on the receiving side such as long payment periods and high fees is There is something very big. "
Sonouede while aiming at the abolition of the "After five years, each industry to prospect the summer of this year, want to determine the formulation and revision of the voluntary action plan to the financial industry. While cuddled in a variety of industry circumstances, further transaction optimization I would like to work on it, "he said, and expressed his intention to proceed with efforts toward abolition while considering the circumstances of the industry.