Counterparty Credit Risk
First written in FY2016. 4 of 10 entries say "Worsened", first in FY2024-Q3. Latest entry: FY2026.
Daiho moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2021: 3 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Allowance for doubtful accounts ¥2,244 million ¥2,350 million」
Regarding customer credit risk, the allowance for doubtful accounts increased from ¥2,244 million at the end of the previous consolidated fiscal year to ¥2,350 million. The consolidated income statement also recorded a ¥208 million provision for doubtful accounts. - FY2026-H1WorsenedAnnual report
「Provision for doubtful accounts ¥6 million ¥73 million」
The Group recorded a ¥73 million provision for doubtful accounts, up from ¥6 million in the previous interim consolidated accounting period. The allowance for doubtful accounts also increased from ¥2,244 million to ¥2,313 million. - FY2025-H1MitigatedAnnual report
「Reversal of provision for doubtful accounts － ¥368 million」
In connection with customer credit risk, no provision for doubtful accounts was recorded during the interim consolidated accounting period, while a ¥368 million reversal of provision for doubtful accounts was recorded. The allowance for doubtful accounts also decreased from the end of the previous consolidated fiscal year. Although the risk has been quantified, the disclosure does not indicate that a new loss occurred during the interim consolidated accounting period. - FY2024WorsenedAnnual report
「Although notes and accounts receivable—completed construction contracts, electronic receivables, buildings and structures, and investment securities increased by ¥1,005 million, ¥5,463 million, ¥1,203 million, and ¥2,784 million, respectively, cash and deposits, advances paid, and construction in progress decreased by ¥10,540 million, ¥1,471 million, and ¥1,070 million, respectively. In addition, the allowance for doubtful accounts increased by ¥2,285 million, resulting in total assets decreasing by ¥5,278 million to ¥165,081 million.」
In connection with customer credit risk, the allowance for doubtful accounts increased by ¥2,285 million, and the consolidated income statement recorded a ¥2,120 million provision for doubtful accounts as an extraordinary loss. This was an increase from the previous provisions of ¥991 million and ¥1,032 million. - FY2024-Q3WorsenedAnnual report
「Total assets decreased by ¥6,037 million to ¥164,322 million, mainly because the allowance for doubtful accounts increased by ¥1,028 million. Provision for doubtful accounts － ¥1,032 million」
In connection with customer credit risk, the allowance for doubtful accounts increased by ¥1,028 million and the Group recorded a ¥1,032 million provision for doubtful accounts. This was also an increase from the ¥991 million provision for doubtful accounts disclosed in the previous filing. - FY2024-Q2MaterialisedAnnual report
「Provision for doubtful accounts － ¥991 million」
The Group recorded a ¥991 million provision for doubtful accounts during the second-quarter cumulative consolidated period, indicating that a loss related to customer credit risk had actually occurred. - FY2021RestatedAnnual report
「The Group works to collect information, manage credit, and protect receivables as measures to address the credit risk of customers and other counterparties.」
The disclosure reiterates the risk of difficulty collecting receivables and construction delays due to deteriorating customer performance, together with measures involving information gathering, credit management, and receivables protection. - FY2019RestatedAnnual report
「A deterioration in the business performance of customers and other factors could result in difficulty collecting construction receivables or delays in construction, which could affect the Group's business performance.」
The disclosure continues to identify credit risk involving difficulty collecting construction receivables and construction delays due to deteriorating customer performance. - FY2017RestatedAnnual report
「A deterioration in the business performance of customers and other factors could result in difficulty collecting construction receivables or delays in construction, which could affect the Group's business performance.」
The disclosure continues to identify credit risk involving difficulty collecting construction receivables and construction delays due to deteriorating customer performance. - FY2016First statedAnnual report
「A deterioration in the business performance of customers and other factors could result in difficulty collecting construction receivables or delays in construction, which could affect the Group's business performance.」
The disclosure identifies the possibility of difficulty collecting construction receivables and construction delays due to deteriorating customer performance. In its discussion of financial instruments, it states that the Group manages due dates and balances for each customer and monitors their credit status.