Counterparty credit risk and default
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 19 of 64 companies on the "Worse" side.
133 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「In accordance with its credit management rules, the Group regularly monitors the conditions of major customers in relation to trade receivables, manages due dates and outstanding balances for each counterparty, and seeks to identify and mitigate early any collection concerns arising from deteriorating financial conditions or other factors.」
The company is reaffirming credit management for counterparty credit risk, monitoring of due dates and outstanding balances, and early identification of collection concerns. - FY2020RestatedAnnual report
「The Group seeks to thoroughly manage risk, including by establishing credit management rules, and records allowances for bad debts.」
The company continues to manage credit risk and record allowances in response to counterparty default risk. - FY2018RestatedAnnual report
「The Group seeks to thoroughly manage risk, including by establishing credit management rules, and records allowances for bad debts. However, there is no guarantee that its business counterparties will maintain sound financial positions and fulfill their obligations to the Group.」
The company is reaffirming counterparty credit and default risk, as well as its response through credit management and allowances. - FY2017RestatedAnnual report
「The Group seeks to thoroughly manage risk, including by establishing credit management rules, and records allowances for bad debts. However, there is no guarantee that its business counterparties will maintain sound financial positions and fulfill their obligations to the Group.」
The company is reaffirming counterparty credit and default risk, as well as its response through credit management and allowances for doubtful accounts. - FY2016First statedAnnual report
「The Group faces the risk of being unable to collect amounts payable to it by business counterparties.」
The company manages this risk under its credit management rules and through allowances for doubtful accounts.