Customer Credit Risk Relating to Trade Receivables
First written in FY2018. 2 of 5 entries say "Mitigated", first in FY2019. Latest entry: FY2022-Q3.
The whole theme swung hardest in 2026: 19 of 67 companies on the "Worse" side.
- FY2022-Q3MitigatedAnnual report
「The main factors behind the increase were increases in cash and deposits resulting from business recovery and the collection of receivables, and an increase in inventories due to higher orders for optical equipment and other products. The main factors behind the decrease were declines in notes receivable, accounts receivable, and contract assets resulting from the collection of receivables.」
Notes receivable, accounts receivable, and contract assets decreased as receivables were collected, reducing exposure to collection risk related to trade receivables. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
No new occurrence or material change in the customer credit risk associated with trade receivables has been identified in the risk disclosure. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
No new occurrence or material change in the customer credit risk associated with trade receivables has been identified in the risk disclosure. - FY2019MitigatedAnnual report
「For trade receivables, the company routinely and continuously monitors the status of business partners under its credit management rules and assesses their credit conditions. It also manages payment due dates and balances for each business partner and reviews credit limits as appropriate, seeking to identify and mitigate at an early stage any collection concerns arising from deterioration in financial conditions or other factors.」
Specific control measures for customer credit risk have been established, including continuous monitoring, management of due dates and balances, and reviews of credit limits. - FY2018First statedAnnual report
「Notes and accounts receivable, which are trade receivables, are exposed to customers’ credit risk.」
Collection risk associated with customer contractual defaults and deteriorating credit conditions has been listed as a new risk item for notes receivable and accounts receivable.