Credit Risk Management for Trade Receivables
First written in FY2018. 6 of 13 entries say "Restated". Latest entry: FY2026.
Taoka Chemical moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2017: 11 of 68 companies on the "Worse" side.
52 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As of the consolidated fiscal year-end, 44% of trade receivables were due from a specific major customer.」
The concentration of trade receivables with a specific major customer increased from 32% in the previous fiscal year to 44%. - FY2026-H1RestatedAnnual report
「During the current interim consolidated fiscal period, there were no significant changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business, accounting situation and other matters described in this interim report, nor in the significant risks described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」
No significant changes in the management of credit risk on trade receivables were indicated. - FY2025WorsenedAnnual report
「As of the consolidated fiscal year-end, 32% of trade receivables were due from a specific major customer.」
The concentration of trade receivables with a specific major customer increased from 30% in the previous fiscal year to 32%. - FY2025-H1RestatedAnnual report
「During the current interim consolidated fiscal period, there were no significant changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business, accounting situation and other matters described in this interim report, nor in the significant risks described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」
No significant changes in the management of credit risk on trade receivables were indicated. - FY2024WorsenedAnnual report
「As of the consolidated fiscal year-end, 30% of trade receivables were due from a specific major customer.」
The concentration of trade receivables with a specific major customer increased from 24% in the previous fiscal year to 30%, indicating a higher concentration of credit risk. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes in the management of credit risk on trade receivables were indicated during the quarter. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No significant changes in the management of credit risk on trade receivables were indicated during the quarter. - FY2023MitigatedAnnual report
「As of the consolidated fiscal year-end, 24% of trade receivables were due from a specific major customer.」
The concentration of trade receivables with a specific major customer decreased from 45% in the previous fiscal year to 24%. The policy of managing credit risk through regular reviews of business partners and receivables balances also remains in place. - FY2022WorsenedAnnual report
「As of the consolidated fiscal year-end, 45% of trade receivables were due from a specific major customer.」
The concentration of trade receivables with a specific major customer increased from 41% to 45%, further quantifying the concentration of credit risk. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes in the management of credit risk on trade receivables were indicated during the quarter. - FY2021WorsenedAnnual report
「As of the consolidated fiscal year-end, 41% of trade receivables were due from a specific major customer.」
The concentration of 41% of trade receivables with a specific major customer was newly quantified. - FY2020RestatedAnnual report
「For trade receivables, the sales division regularly checks the status of all business partners, sales transaction volumes and receivables balances, and reviews its transaction policies. It also seeks to identify and mitigate business partners’ credit risk at an early stage in the event of deterioration in their financial condition or other adverse developments.」
Credit risk on trade receivables continues to be managed through regular reviews of business partners, sales volumes and receivables balances, along with revisions to transaction policies. - FY2018First statedAnnual report
「For trade receivables, the sales division regularly checks the status of all business partners, sales transaction volumes and receivables balances, and reviews its transaction policies. It also seeks to identify and mitigate business partners’ credit risk at an early stage in the event of deterioration in their financial condition or other adverse developments.」
Trade receivables are managed as financial assets exposed to the credit risk of business partners through regular reviews of business partners and receivables balances and revisions to transaction policies.