Management of Credit Risk on Trade Receivables, Market Price Risk on Investment Securities, and Liquidity Risk on Trade Payables
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 8 of 46 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk. Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices. Trade notes and accounts payable and accrued expenses, which are trade payables, are exposed to liquidity risk.」
Credit risk on trade receivables, market price fluctuation risk on investment securities and liquidity risk on trade payables, together with the management framework for each, continue to be described. - FY2024RestatedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk. Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices. Trade notes and accounts payable and accrued expenses, which are trade payables, are exposed to liquidity risk.」
Credit risk on trade receivables, market price fluctuation risk on investment securities and liquidity risk on trade payables continue to be described. - FY2023RestatedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk. Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices. Trade notes and accounts payable and accrued expenses, which are trade payables, are exposed to liquidity risk.」
Credit risk on trade receivables, market price fluctuation risk on investment securities and liquidity risk on trade payables continue to be described. No impairment loss on securities was recognized during the period. - FY2022RestatedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk. Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices. Trade notes and accounts payable and accrued expenses, which are trade payables, are exposed to liquidity risk.」
Credit risk on trade receivables, market price fluctuation risk on investment securities and liquidity risk on trade payables continue to be described. - FY2021RestatedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk. Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices. Trade notes and accounts payable and accrued expenses, which are trade payables, are exposed to liquidity risk.」
Credit risk on trade receivables, market price fluctuation risk on investment securities and liquidity risk on trade payables continue to be described. - FY2020RestatedAnnual report
「Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices.」
Credit risk on trade receivables, market price fluctuation risk on investment securities and liquidity risk on trade payables continue to be described. No impairment loss on investment securities was recognized during the period. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year, the company recognized impairment losses of ¥898 million on securities, consisting of ¥898 million on shares classified as other securities.」
The market price fluctuation risk on investment securities previously described actually materialized during the period as a ¥898 million valuation loss and impairment loss. - FY2018First statedAnnual report
「Trade notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk. Investment securities are highly secure financial assets, but shares are exposed to the issuer’s credit risk and the risk of fluctuations in market prices. Trade notes and accounts payable and accrued expenses, which are trade payables, are exposed to liquidity risk.」
For financial instruments, the company identifies customers’ credit risk on trade receivables, market price fluctuation risk on shares and other securities, and liquidity risk on trade payables. It also describes management through its credit management regulations, quarterly monitoring of issuers and fair values, and monthly cash flow plans.