Credit Risk on Trade Receivables, Market Price Risk on Securities, and Liquidity Risk
First written in FY2017. 6 of 10 entries say "Restated". Latest entry: FY2024.
Kyowakogyosyo moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 9 of 34 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk, but mainly comprise shares in companies with which the Group has business relationships and bonds held to maturity. Their fair values are reported to the Board of Directors quarterly together with the financial results.」
Credit risk on trade receivables, market-price risk on securities and other instruments, and liquidity risk, together with management methods such as monitoring maturities and balances and reporting fair values to the Board of Directors, continue to be reported. - FY2023RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk, but mainly comprise shares in companies with which the Group has business relationships and bonds held to maturity. Their fair values are reported to the Board of Directors quarterly together with the financial results. Accounts payable, other payables and borrowings, which are trade liabilities, are exposed to liquidity risk, which the Group manages by preparing monthly cash-flow plans and through other methods.」
Credit risk on trade receivables, market-price risk on securities and other instruments, and liquidity risk on trade liabilities and borrowings, together with the methods used to manage them, continue to apply. - FY2022MaterialisedAnnual report
「During the fiscal year, impairment losses of ¥25.776 million were recognized on other securities, consisting of listed shares.」
Market-price risk on securities and investment securities again materialized as a loss during the fiscal year in the form of a ¥25.776 million impairment loss on listed shares. - FY2022-Q3MaterialisedAnnual report
「Loss on valuation of investment securities － 28,996」
A loss on valuation of investment securities of ¥28.996 million was recorded during the first nine months of the fiscal year, indicating that market-price risk on securities and investment securities continued to materialize as a loss. - FY2022-Q1MaterialisedAnnual report
「Loss on valuation of investment securities － 25,776」
A loss on valuation of investment securities of ¥25.776 million was recorded as a non-operating expense in the first quarter, indicating that market-price risk on securities and investment securities had materialized as a loss. - FY2021RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk, but mainly comprise shares in companies with which the Group has business relationships and bonds held to maturity. Their fair values are reported to the Board of Directors quarterly together with the financial results. Accounts payable, other payables and borrowings, which are trade liabilities, are exposed to liquidity risk, which the Group manages by preparing monthly cash-flow plans and through other methods.」
Credit risk on trade receivables, market-price risk on securities and other instruments, and liquidity risk on trade liabilities and borrowings, together with the methods used to manage them, continue to be reported. - FY2020RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk, but mainly comprise shares in companies with which the Group has business relationships and bonds held to maturity. Their fair values are reported to the Board of Directors quarterly together with the financial results. Accounts payable, other payables and borrowings, which are trade liabilities, are exposed to liquidity risk, which the Group manages by preparing monthly cash-flow plans and through other methods.」
Credit risk on trade receivables, market-price risk on securities and other instruments, and liquidity risk on trade liabilities and borrowings, together with the methods used to manage them, continue to be reported. - FY2019RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk. Accounts payable, other payables and borrowings, which are trade liabilities, are exposed to liquidity risk, which the Group manages by preparing monthly cash-flow plans and through other methods.」
Credit risk on trade receivables, market-price risk on securities and other instruments, and liquidity risk on trade liabilities and borrowings, together with the methods used to manage them, continue to be reported. - FY2018RestatedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk. Accounts payable, other payables and borrowings, which are trade liabilities, are exposed to liquidity risk, which the Group manages by preparing monthly cash-flow plans and through other methods.」
Credit risk on trade receivables, market-price risk on securities and other instruments, and liquidity risk on trade liabilities and borrowings, together with the methods used to manage them, continue to be reported. - FY2017First statedAnnual report
「Notes and accounts receivable and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Shares and bonds classified as securities and investment securities are exposed to market-price risk. Accounts payable, other payables and borrowings, which are trade liabilities, are exposed to liquidity risk.」
For financial instruments, the filing identifies customers' credit standing, market prices of securities and the liquidity of trade liabilities and borrowings as risks, and describes management methods including credit-limit controls, reporting fair values to the Board of Directors, and monthly cash-flow planning.