Customer Defaults
First written in FY2021. 1 of 2 entries say "Reframed", first in FY2025. Latest entry: FY2025.
Taiyo Kisokogyo moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Risks, including financial soundness risks, such as customer or business-partner bankruptcies resulting from deteriorating cash flows or declining profitability (financial risks) ... We conduct credit investigations routinely.」
The risk of an unexpected customer default is categorized as a financial soundness risk, including deteriorating cash flows, declining profitability and bankruptcy, with credit investigations described as a response measure. - FY2021First statedAnnual report
「If the risk of an unexpected default by one of our customers materializes and a situation arises requiring the recognition of additional losses or provisions, this could adversely affect our operating results and financial position.」
The company identifies the possibility of additional losses or provisions arising from an unexpected customer default as a new risk.