Credit Risk on Trade Receivables and Credit Management
First written in FY2018. 1 of 3 entries say "Materialised", first in FY2020. Latest entry: FY2021-Q1.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2021-Q1MitigatedAnnual report
「Allowances were recognized for certain receivables at the end of the previous period due to lockdowns in major cities across the region, but were reversed when the receivables were collected following the lifting of the lockdowns.」
Certain receivables for which allowances had been recognized against the backdrop of lockdowns were collected after the restrictions were lifted, and the allowances were reversed. - FY2020MaterialisedAnnual report
「As major cities in countries across the region were placed under lockdown at the end of the period, allowances were recognized for certain receivables.」
Regarding customer credit risk, provisions for doubtful accounts were actually recognized for certain receivables against the backdrop of restrictions on economic activity affecting overseas customers. - FY2018First statedAnnual report
「Notes and accounts receivable, which are trade receivables, are exposed to customers' credit risk. To address this risk, we maintain strict credit controls for each business partner and regularly monitor collection dates and outstanding balances, thereby seeking to identify and mitigate at an early stage any concerns over collection arising from deterioration in financial condition or other factors.」
The company identifies concerns over collecting trade receivables due to deterioration in customers' creditworthiness as a risk, with credit controls by business partner and regular monitoring of collection dates and outstanding balances as countermeasures.