Collection Risk Due to Customers’ Credit Deterioration
First written in FY2016. 15 of 17 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 5 of 19 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes in the existing business and other risks, including the collection risk arising from customers’ credit concerns. - FY2023Greater specificity regarding collection delays and bad-debt lossesAnnual report
「If, before construction payments are received, the customer acting as the project owner experiences credit concerns or a similar problem, this may affect business performance and other results through collection delays, bad-debt losses and other consequences.」
For the previously identified collection risk arising from customers’ credit concerns, the company specifies the effects as increases in accounts receivable accompanying higher sales, collection delays and bad-debt losses, and cites credit management before commencing transactions as a response. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the existing business and other risks, including the collection risk arising from customers’ credit concerns. - FY2023-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that, including the collection risk arising from customers’ credit concerns, there have been no new risks or material changes in the existing business and other risks. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that, including the collection risk arising from customers’ credit concerns, there have been no new risks or material changes in the existing business and other risks. - FY2022-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that, including the collection risk arising from customers’ credit concerns, there have been no new risks or material changes in the existing business and other risks. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that, including the collection risk arising from customers’ credit concerns, there have been no new risks or material changes in the existing business and other risks. - FY2021RestatedAnnual report
「If, before construction payments are received for each project, the customer acting as the project owner experiences credit concerns or a similar problem, the collection risk may become substantial.」
The company continues to recognize collection risk arising from customers’ credit concerns and cites thorough credit management as a response. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that, including the collection risk arising from customers’ credit concerns, there have been no new risks or material changes in the existing business and other risks. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that, including the collection risk arising from customers’ credit concerns, there have been no new risks or material changes in the business and other risks described in the previous fiscal year. - FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the business and other risks described in the previous fiscal year, including the collection risk arising from customers’ credit concerns. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the business and other risks described in the previous fiscal year, including the risk of collecting construction payments from customers experiencing credit concerns. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the business and other risks described in the previous fiscal year, including the collection risk arising from customers’ credit concerns. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the business and other risks described in the previous fiscal year, including the collection risk arising from customers’ credit concerns. - FY2019RestatedAnnual report
「If a counterparty experiences credit concerns before we receive construction payments, this could affect our business performance and other results.」
The company continues to list the risk of collecting construction payments from customers experiencing credit concerns as a business and other risk. - FY2017RestatedAnnual report
「If a counterparty experiences credit concerns before we receive construction payments, this could affect our business performance and other results.」
The company continues to describe the risk of collecting construction payments due to credit concerns involving business partners. - FY2016First statedAnnual report
「If a counterparty experiences credit concerns before we receive construction payments, this could affect our business performance and other results.」
Credit concerns affecting a counterparty before completion are recognized as a risk to collecting construction payments.