Collection delays and bad debts resulting from deterioration in business partners’ performance
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
133 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「For new customers, the Group conducts credit checks and other credit investigations to determine whether to enter into transactions. For existing customers, it also collects information in cooperation with credit research companies and other parties and works to safeguard its receivables.」
As a response to collection delays and bad debt resulting from deterioration in customers’ creditworthiness, the Group continues to conduct credit investigations of new and existing customers and safeguard its receivables. - FY2021Specific Credit Risk Exposures and Mitigation MeasuresAnnual report
「For new customers, the Group conducts credit checks and other credit investigations to determine whether to enter into transactions. For existing customers, it also collects information in cooperation with credit research companies and other parties and works to safeguard its receivables.」
The disclosure identifies credit risk involving both parties to construction contracts and subcontractors, and specifies measures to safeguard receivables through credit investigations of new customers and information collection on existing customers. - FY2019RestatedAnnual report
「Deterioration in the business performance of parties to construction contracts may delay the collection of construction payments or result in bad debt, which could affect business performance.」
The risk of collection delays and bad debt associated with deterioration in the business performance of parties to construction contracts continues to be disclosed. - FY2018RestatedAnnual report
「Deterioration in the business performance of parties to construction contracts may delay the collection of construction payments or result in bad debt, which could affect business performance.」
The risk of collection delays and bad debt associated with deterioration in the business performance of parties to construction contracts continues to be disclosed. - FY2017RestatedAnnual report
「Deterioration in the business performance of parties to construction contracts may delay the collection of construction payments or result in bad debt, which could affect business performance.」
The risk of collection delays and bad debt associated with deterioration in the business performance of parties to construction contracts continues to be disclosed. - FY2016First statedAnnual report
「Deterioration in the business performance of parties to construction contracts may delay the collection of construction payments or result in bad debt, which could affect business performance.」
Delays in collection and bad debt attributable to the credit condition of parties to construction contracts are identified for the first time as a separate risk.