Risk of bad debts and supply delays caused by the bankruptcy or business failure of business partners
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The company regularly collects information on customers’ creditworthiness by using credit management services. In addition, the guarantor regularly conducts portfolio analyses of customers and enters into comprehensive guarantee transaction agreements with bulk clauses based on established criteria, thereby preparing for bad debts on accounts receivable.」
Regular information gathering through credit management services, together with portfolio analyses and comprehensive guarantee agreements by the guarantor, has been specified as a response measure. - FY2020MitigatedAnnual report
「In addition, the guarantor conducts an annual portfolio analysis of customers and enters into comprehensive guarantee transaction agreements with bulk clauses based on established criteria, thereby preparing for bad debts on accounts receivable.」
In addition to credit investigations, the company has specified its response to bad-debt risk in the event of a customer failure through annual portfolio analyses and guarantee agreements. - FY2020-Q3RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The risks of bad debts and supply delays arising from customers’ bankruptcies or business failures are reaffirmed in a comprehensive statement that there have been no material changes. - FY2019RestatedAnnual report
「For transactions, the company conducts credit investigations of business partners and determines whether to proceed with transactions and the applicable transaction terms. However, if a business partner goes bankrupt or unexpectedly fails, there is a risk of bad debts and delays in product supplies.」
While conducting credit investigations and related activities, the company reconfirms the risks of bad debts and supply delays arising from customers’ bankruptcies or business failures. - FY2019-Q3RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The risks of bad debts and supply delays arising from customers’ bankruptcies or business failures are reaffirmed in a comprehensive statement that there have been no material changes. - FY2018RestatedAnnual report
「For transactions, the company conducts credit investigations of business partners and determines whether to proceed with transactions and the applicable transaction terms. However, if a business partner goes bankrupt or unexpectedly fails, there is a risk of bad debts and delays in product supplies.」
While managing credit investigations and related matters, the company reiterates the risks of bad debts and supply delays arising from customers’ bankruptcies or business failures. - FY2017RestatedAnnual report
「If a business partner goes bankrupt or unexpectedly fails, there is a risk of bad debts and delays in product supplies.」
While conducting credit investigations and managing transaction terms, the company reiterates the risks of bad debts and supply delays if a business partner fails. - FY2016First statedAnnual report
「If a business partner goes bankrupt or unexpectedly fails, there is a risk of bad debts and delays in product supplies.」
Although the company conducts credit investigations and manages transaction terms, it identifies bad debts and supply delays following the failure of a business partner as residual risks.