Credit Distress and Bad Debt Risk Among Counterparties in Private-Sector Construction
First written in FY2017. 19 of 20 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 5 of 19 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As measures to address this risk, we seek to avoid risk by enforcing credit control when transactions commence and throughout the course of transactions, using guarantee factoring, and collecting construction payments in line with the percentage of work completed.」
The Company continues its policy of addressing credit risk involving business partners in private-sector construction through credit control, guarantee factoring and collection based on the percentage of work completed. - FY2024-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2024-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2024-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2023-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2023-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2022RestatedAnnual report
「As measures to address this risk, we seek to avoid risk by enforcing credit control when transactions commence and throughout the course of transactions, using guarantee factoring, and collecting construction payments in line with the percentage of work completed.」
The Company reconfirms the credit risk of business partners in private-sector construction and the measures taken to address it, including credit control, guarantee factoring and collection based on the percentage of work completed. - FY2022-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2021RestatedAnnual report
「When undertaking construction work for a private-sector customer, if the business partner develops financial difficulties before receiving payment for the work, bad debt may arise and affect business performance.」
The Company reconfirms the risk of bad debt if a business partner in private-sector construction develops financial difficulties before receiving payment for the work. - FY2021-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2021-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2021-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2020-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2020-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2019-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2019-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2019-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2018-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2018-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes since the previous fiscal year regarding credit concerns and bad-debt risk involving business partners in private-sector construction. - FY2017First statedAnnual report
「When undertaking construction work for a private-sector customer, if the customer placing the order develops financial difficulties before receiving payment for the work, bad debt may arise and affect business performance.」
The Company explicitly identifies the risk of bad debt if the customer placing an order for private-sector construction develops financial difficulties before receiving payment for the work.