Receivables Collection Risk from Deteriorating Customer Performance
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 18 of 64 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Notes and accounts receivable, as well as electronically recorded monetary claims, which constitute operating receivables, are exposed to customers' credit risk. The Company has a system in place to manage payment due dates and outstanding balances for each business partner in accordance with its accounting rules and other policies.」
The Company has reaffirmed its response to collection and customer credit risk through management of payment due dates and outstanding balances for each business partner. - FY2024RestatedAnnual report
「Accordingly, the Group is strengthening credit management by promoting measures including the reduction of accounts receivable through “SS (cement service station) delivery” and securing liquidity collateral from business partners.」
The Company has reaffirmed its response to collection risk through SS delivery, liquidity collateral and stronger credit management. - FY2022RestatedAnnual report
「Accordingly, the Group is strengthening credit management by promoting measures including the reduction of accounts receivable through “SS (cement service station) delivery” and securing liquidity collateral from business partners.」
The Group continues to address collection risk through SS delivery, liquidity collateral and stronger credit management. - FY2021RestatedAnnual report
「Accordingly, the Group is strengthening credit management by promoting measures including the reduction of accounts receivable through “SS (cement service station) delivery” and securing liquidity collateral from business partners.」
The Company has reaffirmed its response to collection risk through SS delivery, liquidity collateral and stronger credit management. - FY2020RestatedAnnual report
「Accordingly, the Group is strengthening credit management by promoting measures including the reduction of accounts receivable through “SS (cement service station) delivery” and securing liquidity collateral from business partners.」
The Group continues to address collection risk through SS delivery, liquidity collateral and stronger credit management. - FY2017RestatedAnnual report
「If the performance of these customers and other business partners deteriorates rapidly and the Group incurs losses from bad debts on its receivables, this could have a material impact on the Group's financial position, operating results and cash flows. Accordingly, the Group is strengthening credit management by promoting measures including the reduction of accounts receivable through “SS (cement service station) delivery” and securing liquidity collateral from business partners.」
The Company has reaffirmed its response to collection risk, including SS delivery and stronger credit management through liquidity collateral. - FY2016First statedAnnual report
「If the performance of these customers and other business partners deteriorates rapidly and the Group incurs losses from bad debts on its receivables, this could have a material impact on the Group's financial position, operating results and cash flows.」
The Group recognizes credit exposure to large customers and distributors, including those in the construction industry, and is working to reduce accounts receivable through SS delivery and secure liquidity collateral.