Risk of Customer Defaults
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 4 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If an unexpected risk of bad debt materializes due to deterioration in the performance of a business partner and it becomes necessary to recognize a loss or provision, this may affect the earnings of the group.」
The company continues to identify the risks of bad debt due to deterioration in business partners' performance, recognition of losses and provisions, and the resulting impact on earnings. - FY2022RestatedAnnual report
「However, if an unexpected risk of bad debt materializes due to deterioration in the performance of a business partner and it becomes necessary to recognize a loss or provision, this may affect the earnings of the group.」
The company continues to identify the risks of bad debt due to deterioration in business partners' performance, recognition of losses and provisions, and the resulting impact on earnings. - FY2020First statedAnnual report
「However, if an unexpected risk of bad debt materializes due to deterioration in the performance of a business partner and it becomes necessary to recognize a loss or provision, this may affect the earnings of the group.」
The company has for the first time described the materialization of bad-debt risk due to deterioration in business partners' performance, the recognition of losses and provisions, and the resulting impact on earnings as a standalone risk.