Credit Contraction and Liquidity Risk from Prolonged COVID-19
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 7 of 53 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To secure flexibility and safety in meeting funding needs and reduce financial risk, the Company has entered into a committed credit facility agreement totaling ¥12 billion with its principal financial institutions.」
The Company maintains credit facilities totaling ¥12 billion as a response to credit contraction and liquidity risk. - FY2021MitigatedAnnual report
「To secure flexibility and safety in meeting funding needs and reduce financial risk, the Company has entered into a committed credit facility agreement totaling ¥12 billion with its principal financial institutions.」
To address credit contraction and liquidity risk arising from a prolonged COVID-19 pandemic, the Company has put in place a specific response measure by entering into a ¥12 billion credit facility agreement. - FY2021-Q3RestatedAnnual report
「At present, we have prepared earnings forecasts and accounting estimates on the assumption that the impact on the global economy will continue for some time. However, if uncertainty increases further, the results based on actual future performance may differ from these estimates and assumptions.」
The Company continues to recognize the risk associated with the assumption that the impact of COVID-19 on the global economy will be prolonged and remain uncertain. - FY2021-Q2RestatedAnnual report
「At present, we have prepared earnings forecasts and accounting estimates on the assumption that the impact on the global economy will continue for some time. However, if uncertainty increases further, the results based on actual future performance may differ from these estimates and assumptions.」
The Company continues to recognize the risk associated with the assumption that the impact of COVID-19 on the global economy will be prolonged and remain uncertain. - FY2021-Q1RestatedAnnual report
「At present, we have prepared earnings forecasts and accounting estimates on the assumption that the impact on the global economy will continue for some time. However, if uncertainty increases further, the results based on actual future performance may differ from these estimates and assumptions.」
The Company continues to remain alert to unforeseen circumstances, assuming that the stagnation of economic activity caused by COVID-19 may continue for an extended period. - FY2020First statedAnnual report
「If the global stagnation of economic activity resulting from the spread of COVID-19 continues for an extended period, credit contraction in the financial markets is also a concern, so we will remain mindful of securing sufficient on-hand liquidity to prepare for unforeseen circumstances.」
The Company recognizes credit contraction arising from prolonged stagnation in economic activity caused by COVID-19 as a new financial risk and has adopted securing on-hand liquidity as its response policy.