Counterparty Credit Risk
First written in FY2017. 2 of 6 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2022.
Toray Industries moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
16 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「Provision (net) 156 606 871 1,633」
The current-year provision for expected credit losses related to customer credit risk was ¥1,633 million, down from ¥7,070 million in the previous fiscal year. - FY2021WorsenedAnnual report
「Provision (net) 5,292 1,778 7,070」
Customer credit risk materialised as a ¥7,070 million provision for expected credit losses in the current fiscal year, exceeding the provision recorded in the previous fiscal year. - FY2021-Q2MaterialisedAnnual report
「For the second quarter cumulative consolidated period, a provision for expected credit losses of ¥2,855 million relating to “trade and other receivables” was recorded in “selling, general and administrative expenses.”」
Customers’ credit risk materialised as an actual expense through the ¥2,855 million provision for expected credit losses relating to trade receivables. - FY2021-Q1MaterialisedAnnual report
「For the first quarter cumulative consolidated period (1 April 2020 to 30 June 2020), a provision for expected credit losses of ¥2,530 million relating to “trade and other receivables” was recorded in “selling, general and administrative expenses.”」
Customers’ credit risk materialised as an actual expense through the ¥2,530 million provision for expected credit losses relating to trade receivables. - FY2019RestatedAnnual report
「If demand for these products declines or their prices fall, or if customers’ credit risks materialise, the Group’s operating results and financial condition may be adversely affected.」
The risk that deterioration in customers’ credit standing may affect operating results and financial condition continues to be disclosed. - FY2017First statedAnnual report
「If demand for these products declines or their prices fall, or if customers’ credit risks materialise, the Group’s operating results and financial condition may be adversely affected.」
The disclosure of demand and market risks newly specifies the risk that deterioration in customers’ credit standing may affect operating results and financial condition.