Credit Risk on Accounts Receivable and Liquidity Risk on Accounts Payable
First written in FY2021. 3 of 6 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2023: 5 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「For operating receivables, the Company regularly reviews the status of its business partners in accordance with its credit management rules, seeking to identify and mitigate at an early stage concerns about collection arising from deterioration in the financial condition of each counterparty.」
In addition to managing credit risk on accounts receivable, the Company specifically disclosed that it manages liquidity risk on accounts payable by preparing cash flow schedules. - FY2025MitigatedAnnual report
「For operating receivables, the Company regularly reviews the status of its business partners in accordance with its credit management rules, seeking to identify and mitigate at an early stage concerns about collection arising from deterioration in the financial condition of each counterparty.」
For credit risk on accounts receivable, the Company continues to conduct regular reviews under its credit management rules and implement measures to identify and mitigate concerns about collection at an early stage. - FY2024MitigatedAnnual report
「For operating receivables, the Company regularly reviews the status of its business partners in accordance with its credit management rules, seeking to identify and mitigate at an early stage concerns about collection arising from deterioration in the financial condition of each counterparty.」
For credit risk on accounts receivable, the Company specifically discloses regular reviews of business partners under its credit management rules, as well as measures to identify and mitigate concerns about collection at an early stage. - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The risks of credit risk on accounts receivable and liquidity risk on accounts payable are disclosed collectively as involving no material changes. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The risks of credit risk on accounts receivable and liquidity risk on accounts payable are disclosed collectively as involving no material changes. - FY2021First statedAnnual report
「Accounts receivable, which are operating receivables, are exposed to customers' credit risk. Accounts payable, which are operating liabilities, are due within 1 year and are exposed to liquidity risk, meaning the risk that the Company will be unable to make payments when they fall due.」
The notes to the financial instruments separately disclose the risk of non-collection of accounts receivable and the risk of non-payment of accounts payable.