Counterparty Credit Risk
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021.
Shin Nippon Air Technologies moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 5 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2021ReframedAnnual report
「Therefore, if a business partner encounters credit concerns before payment for construction work is received, collection of the construction fees may become difficult, potentially having a material effect on the financial position and operating results of the group.」
Regarding counterparty credit risk, the company specifies the path of impact through to difficulty in collection, against the backdrop of the scale of construction contracts and the payment structure upon completion of construction work. - FY2018RestatedAnnual report
「Therefore, if a business partner encounters credit concerns before payment for construction work is received, this may affect business performance.」
The company continues to recognize counterparty credit risk before payment for construction work is received. - FY2017RestatedAnnual report
「Therefore, if a business partner encounters credit concerns before payment for construction work is received, this may affect business performance.」
The company continues to recognize counterparty credit risk before payment is received under construction contracts. - FY2016First statedAnnual report
「If a business partner encounters credit concerns before payment for construction work is received, this may affect business performance.」
The company recognizes counterparty credit risk against the backdrop of construction contracts, under which payment for construction work tends to be concentrated upon completion.