Credit risk on trade receivables, market risk on securities and liquidity risk in financing
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 10 of 36 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In accordance with its credit management regulations and other rules, the Group's sales administration departments regularly monitor the status of major customers, manage due dates and outstanding balances for each counterparty, and work to identify and mitigate early any concerns about collection arising from deterioration in financial condition or other factors.」
The company continues to conduct regular monitoring, manage due dates and outstanding balances, and identify collection concerns at an early stage with respect to credit risk on trade receivables. - FY2022RestatedAnnual report
「In accordance with its credit management regulations and other rules, the Group's sales administration departments regularly monitor the status of major customers, manage due dates and outstanding balances for each counterparty, and work to identify and mitigate early any concerns about collection arising from deterioration in financial condition or other factors.」
The company continues to manage credit risk on trade receivables, market risk and liquidity risk through monitoring, balance management, fair value management, monthly cash flow plans and other measures. - FY2020MaterialisedAnnual report
「Net income attributable to owners of the parent was ¥1,159 million, down 10.1% year on year, partly because the Company recorded impairment losses on investment securities and other items following a decline in share prices.」
The previously identified risk of fluctuations in the market prices of investment securities affected actual earnings in the form of ¥71.696 million in impairment losses and other items resulting from the decline in share prices. - FY2019MitigatedAnnual report
「In accordance with its credit management regulations and other rules, the Group's sales administration departments regularly monitor the status of major customers, manage due dates and outstanding balances for each counterparty, and work to identify and mitigate early any concerns about collection arising from deterioration in financial condition or other factors.」
In addition to regular monitoring, balance management and early identification of collection concerns related to customer credit risk, the company specifically described its methods for managing market and liquidity risks. - FY2018First statedAnnual report
「Notes and accounts receivable-trade and electronically recorded monetary claims, which are trade receivables, are exposed to customers' credit risk. Investment securities consist mainly of shares and are exposed to the risk of fluctuations in market prices. Trade payables and borrowings are exposed to liquidity risk.」
The company identifies customers' credit risk, market price fluctuation risk on investment securities, and liquidity risk on trade payables and borrowings in relation to financial instruments.