Sudden Bankruptcy of a Business Partner
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2025MaterialisedAnnual report
「For the three months in the fourth quarter of the current consolidated fiscal year (January–March 2025), lower orders in the toner business, the resulting impact of production adjustments, and the recording of an allowance for doubtful accounts for overseas customers, among other factors, contributed to the declines in revenue and profit.」
Credit risk relating to overseas customers materialized through the recording of an allowance for doubtful accounts and became a factor in the declines in revenue and profit in the fourth quarter. The consolidated income statement includes a ¥170 million provision for doubtful accounts. - FY2020RestatedAnnual report
「If an unexpected sudden failure or other such event occurs at a business partner, it may affect the performance of our group.」
We recognize the credit risks associated with business partners, with information gathering, credit management and receivables protection as our main initiatives. - FY2019RestatedAnnual report
「The company prepares to prevent and mitigate credit risk by regularly collecting credit information and reviewing credit limits based on that information. However, if an unexpected event such as the sudden failure of a business partner occurs, it may affect the performance of the group.」
While collecting credit information and reviewing credit limits for business partners, the company continues to disclose the risk of sudden failure. - FY2017First statedAnnual report
「The company prepares to prevent and mitigate credit risk by regularly collecting credit information and reviewing credit limits based on that information. However, if an unexpected event such as the sudden failure of a business partner occurs, it may affect the performance of the group.」
While collecting credit information and reviewing credit limits, the company identifies the sudden failure of a business partner as a risk.