Risk of Counterparty Financial Deterioration and Bad Debts
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 5 of 19 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「For the same reasons, if the financial condition of customers deteriorates, this could adversely affect our group's operating results and financial position through the occurrence of bad debts and other factors.」
The company reiterates the risks of deterioration in customers' financial condition and bad debts against the backdrop of public works order trends and other factors. - FY2019RestatedAnnual report
「For the same reasons, if the financial condition of customers deteriorates, this could adversely affect our group's operating results and financial position through the occurrence of bad debts and other factors.」
The company reiterates the risks of deterioration in customers' financial condition and bad debts against the backdrop of public works order trends and other factors. - FY2017RestatedAnnual report
「The performance of the construction business and the pavement materials manufacturing and sales business, which together account for a major part of our group's operations, is significantly affected by trends in public works orders. Accordingly, an excessive reduction in public works spending could adversely affect our group's earnings. For the same reasons, if the financial condition of customers deteriorates, this could adversely affect our group's operating results and financial position through the occurrence of bad debts and other factors.」
The company reiterates the risks of deterioration in customers' financial condition and bad debts against the backdrop of trends in public works orders. - FY2016First statedAnnual report
「For the same reasons, if the financial condition of customers deteriorates, this could adversely affect our group's operating results and financial position through the occurrence of bad debts and other factors.」
In connection with trends in public works orders, the company identifies deterioration in customers' financial condition and bad debts as risks.