Customer Credit Risk
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
133 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「As a result of efforts to strengthen controls over approximately the past 10 years, this risk has rarely materialized. However, in light of actual cases involving the recognition of allowances for doubtful accounts, we recognize the likelihood of occurrence as high and the impact as low due to the diversification of counterparties. We will continue to manage the risk closely.」
We continue credit risk management, including trade credit insurance, credit management and the recognition of allowances for doubtful accounts, and assess the likelihood of occurrence as high and the impact as low. - FY2022MaterialisedAnnual report
「As a result of efforts to strengthen controls over approximately the past 10 years, this risk has rarely materialized. However, in light of actual cases involving the recognition of allowances for doubtful accounts, we recognize the likelihood of occurrence as high and the impact as low due to the diversification of counterparties.」
While continuing credit management and trade credit insurance, we assessed the likelihood of occurrence as high and the impact as low in light of actual cases involving the recognition of allowances for doubtful accounts. - FY2021MitigatedAnnual report
「To prevent receivables from becoming uncollectible, we conduct thorough information gathering and credit management and take measures to protect receivables by obtaining trade credit insurance.」
In addition to conventional credit management, the company discloses receivables protection through trade credit insurance. It explains that the risk has rarely materialized as a result of strengthened controls. - FY2019RestatedAnnual report
「To prevent receivables from becoming uncollectible, we conduct thorough information gathering and credit management and take measures to protect receivables, including entering into sales-side credit guarantee agreements with transaction banks.」
We recognize counterparty credit risk and continue to use information gathering, credit management and credit guarantee agreements to protect receivables. - FY2016First statedAnnual report
「If an unexpected event involving a business partner causes its credit standing or other conditions to deteriorate significantly, this may affect our Group's performance.」
We recognize credit risk related to domestic and overseas business partners and use information gathering, credit management and receivables protection as countermeasures.