Risk of trade receivables becoming uncollectible due to business partner bankruptcy or other causes
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2023RestatedAnnual report
「We determine credit limits in accordance with our credit management guidelines and review them as appropriate to mitigate the credit risk of our customers. However, if a customer goes bankrupt due to a sudden change in the business environment and this impedes the collection of receivables from that customer, our financial condition and operating results may be adversely affected.」
While managing credit risk through the determination and review of credit limits, the company continues to identify the risk of difficulties in collecting receivables due to customer bankruptcies. - FY2022First statedAnnual report
「We determine credit limits in accordance with our credit management guidelines and review them as appropriate to mitigate the credit risk of our customers. However, if a customer goes bankrupt due to a sudden change in the business environment and this impedes the collection of receivables from that customer, our financial condition and operating results may be adversely affected.」
Although the company manages credit risk by determining and reviewing credit limits for each customer, it newly identifies difficulties in collecting receivables due to customer bankruptcies as a risk.