Credit assessment risk relating to business partners and affiliated financial institutions
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 4 of 17 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group conducts credit checks on business partners before selecting them to the extent possible. However, if a counterparty’s creditworthiness declines for an unforeseeable reason and an economic loss arises from uncollectible receivables or another cause, the Group’s business and performance may be affected. In addition, because credit decisions for customers of the Group’s Automotive Industry DX Business are made by partner financial institutions, changes in their credit standards could affect the Group’s business and performance.」
Continues the risks of deteriorating counterparty creditworthiness, uncollectible receivables and changes in partner financial institutions’ customer credit standards. - FY2023First statedAnnual report
「Because credit decisions for customers of the Company’s Automotive Industry DX Business are made by partner financial institutions, any change in a partner financial institution’s credit standards for any reason could affect the Company’s business and performance.」
Customer screening depends on partner financial institutions, so changes in their standards could have an impact.