Counterparty Credit Risk
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2023: 5 of 18 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「The company believes that liquidity during the first quarter of the current consolidated fiscal year was appropriately secured through the collection of trade receivables, which had increased at the end of the previous consolidated fiscal year, and planned financing using a combination of short-term and long-term borrowings.」
The company continues to explain that liquidity is being appropriately secured through the collection of trade receivables and planned financing using short-term and long-term borrowings. - FY2023RestatedAnnual report
「Notes and accounts receivable-trade, contract assets and electronically recorded monetary claims-operating, which are trade receivables, are exposed to customer credit risk. To manage this risk, the company monitors due dates and outstanding balances for each business partner in accordance with its credit management rules, thereby working to mitigate the risk.」
The company continues to monitor due dates and outstanding balances for each business partner under its credit management rules. - FY2021RestatedAnnual report
「Notes and accounts receivable-trade and electronically recorded monetary claims-operating are exposed to customer credit risk. To manage this risk, the company monitors due dates and outstanding balances for each business partner in accordance with its credit management rules, thereby working to mitigate the risk.」
The company continues to disclose its credit management rules, due-date monitoring and outstanding-balance monitoring for customer credit risk. - FY2018First statedAnnual report
「Notes and accounts receivable-trade are exposed to customer credit risk. To manage this risk, the company monitors due dates and outstanding balances for each business partner in accordance with its credit management rules, thereby working to mitigate the risk.」
The company disclosed for the first time the customer credit risk associated with trade receivables and the monitoring of due dates and outstanding balances under its credit management rules.