Risk of uncollectible receivables due to customer credit deterioration or insolvency
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 23 of 74 companies on the "Worse" side.
21 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「For customers presenting credit concerns, the Group seeks to mitigate risk by resetting transaction limits, obtaining guarantees, and arranging credit insurance.」
Specific measures for addressing credit risk include resetting transaction limits, obtaining guarantees, and arranging credit insurance. - FY2020MaterialisedAnnual report
「There have been cases in the past in which receivables could not be collected, but most were minor and did not have a significant impact on management.」
It explicitly states that uncollectible receivables have occurred in the past, while noting that most cases were minor and did not have a significant impact on management. - FY2018RestatedAnnual report
「To manage credit risk, which may result in losses due to deterioration in the creditworthiness or insolvency of business partners, the Group identifies accounts requiring attention and sets credit limits based on reports from credit research agencies. It also obtains necessary collateral and guarantees according to the credit status of each counterparty and records a sufficient allowance for doubtful accounts under accounting standards.」
Credit risk management through credit investigations, credit limits, collateral and guarantees, and allowances for doubtful accounts is reiterated. - FY2017RestatedAnnual report
「To manage credit risk, which may result in losses due to deterioration in the creditworthiness or insolvency of business partners, the Group identifies accounts requiring attention and sets credit limits based on reports from credit research agencies. It also obtains necessary collateral and guarantees according to the credit status of each counterparty and records a sufficient allowance for doubtful accounts under accounting standards.」
Credit risk management through credit investigations, credit limits, collateral and guarantees, and allowances for doubtful accounts is reiterated. - FY2016First statedAnnual report
「To manage credit risk, which may result in losses due to deterioration in the creditworthiness or insolvency of business partners, the Group identifies accounts requiring attention and sets credit limits based on reports from credit research agencies. It also obtains necessary collateral and guarantees according to the credit status of each counterparty and records a sufficient allowance for doubtful accounts under accounting standards.」
Credit investigations, credit limits, collateral and guarantees, and allowances for doubtful accounts are used as management measures.