Risk of reimbursement claims from credit companies arising from prohibited acts by sales agents
First written in FY2017. 10 of 13 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 19 of 67 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Group manages credit risk for each business partner and takes measures based on information and its accumulated expertise against foreseeable collection risks, but does not guarantee full recovery.」
The company continues to address the generalized business-partner credit risk arising from the individual sales-agent issue through credit management. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company maintains its assessment that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2023RestatedAnnual report
「The group manages credit by customer and takes measures against foreseeable collection risks based on information and its accumulated expertise, but does not guarantee full collection. If a customer defaults due to bankruptcy or other reasons, the group’s operating results and financial position may be adversely affected.」
The company reiterates the generalized business-partner credit risk arising from the individual sales-agent issue and the response through credit management. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company maintains its assessment that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2022DroppedAnnual report
「The Group manages credit risk for each business partner and takes measures based on information and its accumulated expertise against foreseeable collection risks, but does not guarantee full recovery.」
The specific risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent is not presented independently as a risk item for the current fiscal year and has been replaced by the general credit risk of business partners. - FY2022-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company maintains its assessment that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2021-Q2RestatedAnnual report
「During the first six months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company maintains its assessment that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company maintains its assessment that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company concludes that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The company concludes that there have been no material changes to the risk of a reimbursement claim from a credit company arising from prohibited acts by the sales agent. - FY2018-Q2MaterialisedAnnual report
「In connection with the credit company's claim for reimbursement of advance payments arising from prohibited acts by the sales agent, the consolidated subsidiary made payment on the agent's behalf under the merchant agreement and recognized ¥18 million in provision for doubtful accounts as an extraordinary loss.」
The company describes the consolidated subsidiary's payment on behalf of the sales agent and its recognition of ¥18 million in provision for doubtful accounts in connection with the credit company's claim for reimbursement arising from the agent's prohibited acts. - FY2018-Q1RestatedAnnual report
「A sales agent for our products, which is a customer of one of our consolidated subsidiaries, has received a claim from a credit company for reimbursement of advance payments arising from prohibited acts. If the sales agent becomes unable to meet its payment obligations, the subsidiary may incur losses under its merchant agreement with the credit company.」
The company continues to describe the credit company's claim against the sales agent for reimbursement of advance payments and the possibility that the subsidiary may incur losses if the agent becomes unable to meet its payment obligations. - FY2017MaterialisedAnnual report
「A sales agent for our products, which is a customer of one of our consolidated subsidiaries, has received a claim from a credit company for reimbursement of advance payments arising from prohibited acts. If the sales agent becomes unable to meet its payment obligations, the subsidiary may incur losses under its merchant agreement with the credit company.」
The company describes the fact that the sales agent has received a claim from a credit company for reimbursement of advance payments and the possibility that the consolidated subsidiary may incur losses if the agent becomes unable to meet its payment obligations.