Credit Risk on Accounts Receivable and Liquidity Risk on Trade Payables
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2023: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Securities held for operating investment, investment securities and shares in affiliates are subject to impairment risk due to deterioration in the financial condition of issuers and other factors. We regularly monitor issuers’ financial condition and continuously monitor our holdings in consideration of market conditions and relationships with business partners and other parties.」
Recognizes the impairment risk of investment securities and other assets, and reconfirms management methods involving continuous monitoring of issuers’ financial condition and market conditions. - FY2020RestatedAnnual report
「Securities held for operating investment, investment securities and shares in affiliates are subject to impairment risk due to deterioration in the financial condition of issuers and other factors. We regularly monitor issuers’ financial condition and continuously monitor our holdings in consideration of market conditions and relationships with business partners and other parties.」
Recognizes the impairment risk of investment securities and other assets, and reconfirms management methods involving continuous monitoring of issuers’ financial condition and market conditions. - FY2019Added investment securities risk managementAnnual report
「For securities held for operating investment and investment securities, we regularly monitor fair values and the financial condition of issuers, and continuously monitor our holdings in consideration of market conditions and relationships with business partners.」
In addition to the credit, liquidity and interest-rate risks associated with accounts receivable, borrowings, bonds and other items, management of the value of securities held for operating investment and investment securities and the condition of their issuers is described. - FY2018Added borrowing and interest-rate riskAnnual report
「Short-term and long-term borrowings are used primarily to finance operating transactions. Operating liabilities and borrowings are exposed to liquidity risk, while borrowings at variable interest rates are exposed to interest-rate risk. We monitor actual results by methods including preparing cash flow schedules.」
In addition to the existing credit risk on accounts receivable and liquidity risk on operating liabilities, liquidity risk associated with borrowings and variable interest-rate risk are explicitly identified. - FY2017RestatedAnnual report
「Accounts receivable, which are operating receivables, are exposed to the credit risk of customers or counterparties. For these risks, we monitor due dates and balances by counterparty and have a system for monitoring the credit status of major counterparties. Operating liabilities are also exposed to liquidity risk, but we monitor actual results by methods including preparing cash flow schedules.」
Reconfirms the credit risk on accounts receivable and the liquidity risk on operating liabilities, as well as management through due-date and balance monitoring and cash flow schedules. - FY2016First statedAnnual report
「Accounts receivable, which are operating receivables, are exposed to the credit risk of customers or counterparties. Operating liabilities are exposed to liquidity risk, but we monitor actual results by methods including preparing cash flow schedules.」
Describes recognition of credit and liquidity risks and management through due-date monitoring, balance monitoring and cash flow schedules.