Credit Risk Relating to Trade Receivables and Loans
First written in FY2018. 1 of 2 entries say "Mitigated", first in FY2019. Latest entry: FY2019.
The whole theme swung hardest in 2023: 8 of 31 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2019MitigatedAnnual report
「In accordance with its receivables management rules, the management headquarters regularly monitors the status of major business partners in relation to trade receivables and other items, manages due dates and balances for each counterparty, and maintains close information-sharing with the sales division to identify and mitigate early any concerns about collection arising from deterioration in financial condition or other factors.」
The company details its credit risk management procedures, including regular monitoring under its receivables management rules, management of due dates and balances, and information-sharing to identify and mitigate credit risk at an early stage. - FY2018First statedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers' credit risk. The company also provides long-term loans to business partners and other entities.」
The company describes its exposure to counterparties' credit risk in relation to trade notes and accounts receivable and long-term loans to business partners and other entities.