Credit Risk of Project Owners, Suppliers and Subcontractors
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2021: 3 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2024Quantification of client credit risk and addition of contract riskAnnual report
「Client financial difficulties and unfair construction contracts 2 3 6」
In addition to the existing risk of financial difficulties at suppliers and subcontractors, client financial difficulties and unfair construction contracts were assessed as separate risk items. - FY2022Quantification of risk assessmentsAnnual report
「Financial difficulties at suppliers and subcontractors 4 2」
For the previously disclosed financial difficulties of clients, suppliers, and subcontractors, the company presented a risk assessment for suppliers and subcontractors with a frequency of occurrence of 4 and an impact of 2, along with response measures including daily monitoring and a cost management system. - FY2019RestatedAnnual report
「If a client experiences financial difficulties, the company may be unable to collect construction payments, which may affect business performance and other factors. If a supplier or subcontractor experiences financial difficulties, this may also affect business performance and other factors.」
The collection and procurement risks arising from financial difficulties at clients, suppliers, and subcontractors continue to be disclosed. - FY2018RestatedAnnual report
「If a client experiences financial difficulties, the company may be unable to collect construction payments, which may affect business performance and other factors. If a supplier or subcontractor experiences financial difficulties, this may also affect business performance and other factors.」
The collection and procurement risks arising from financial difficulties at clients, suppliers, and subcontractors continue to be disclosed. - FY2017RestatedAnnual report
「If a client experiences financial difficulties, the company may be unable to collect construction payments, which may affect business performance and other factors. If a supplier or subcontractor experiences financial difficulties, this may also affect business performance and other factors.」
The collection and procurement risks arising from financial difficulties at clients, suppliers, and subcontractors continue to be disclosed. - FY2016First statedAnnual report
「If a client experiences financial difficulties, the company may be unable to collect construction payments, which may affect business performance and other factors. If a supplier or subcontractor experiences financial difficulties, this may also affect business performance and other factors.」
Uncollected construction payments and financial difficulties at suppliers and subcontractors are described as credit risks specific to the construction industry.