Credit deterioration among trade receivables and loan counterparties
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 8 of 31 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In accordance with its internal rules, the Group has personnel in each business division regularly monitor the status of major business partners with respect to trade receivables and long-term loans, seeking to reduce the risk of bad debts by identifying at an early stage any concerns over collection arising from deterioration in their financial condition or other factors.」
The statement reconfirms the policy of regularly monitoring credit risk associated with trade receivables and long-term loans and identifying concerns at an early stage. - FY2020RestatedAnnual report
「For trade receivables and long-term loans, personnel in each business division regularly monitor the status of major business partners and seek to reduce the risk of bad debts by identifying at an early stage any concerns over collection arising from deterioration in their financial condition or other factors.」
The statement reconfirms the credit risk associated with trade receivables and long-term loans, together with the practice of regularly monitoring the financial condition of business partners. - FY2016First statedAnnual report
「If customers' ability to pay declines because of deterioration in their financial condition or other factors, additional expenses may be incurred.」
For trade receivables and long-term loans, the company says it will monitor the financial condition of business partners and reduce the risk of bad debts.