Counterparty credit risk
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 7 of 26 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our Group undertakes construction contracts from private-sector clients and takes measures including credit management, information gathering and receivables management. However, if a business partner experiences credit concerns before payment for construction work is received, our business results and financial condition could be affected by lower profit from recognizing bad-debt losses and worsening cash flow resulting from the inability to collect funds.」
The company continues to address counterparty credit risk through credit management, information gathering and receivables management. - FY2023RestatedAnnual report
「If a business partner experiences credit concerns before payment for construction work is received, our business results and financial condition could be affected by lower profit from recognizing bad-debt losses and worsening cash flow resulting from the inability to collect funds.」
The company continues to address counterparty credit risk through credit management and receivables management. - FY2021First statedAnnual report
「If a business partner experiences credit concerns before payment for construction work is received, our business results and financial condition could be affected by lower profit from recognizing bad-debt losses and worsening cash flow resulting from the inability to collect funds.」
The company identifies credit concerns and collection failures involving counterparties in private-sector construction contracts as risks.