Bad Debt Risk Due to Deterioration in Counterparties’ Creditworthiness
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 23 of 72 companies on the "Worse" side.
- FY2021RestatedAnnual report
「As part of these efforts, we exercise thorough credit control throughout the Group and seek to strengthen customer management by, among other measures, conducting credit investigations without exception for new customers and customers with delayed payments.」
The company continues its credit control, recognition of allowance for doubtful accounts, and credit investigations of new customers and customers with delayed payments. - FY2020RestatedAnnual report
「As part of these efforts, we exercise thorough credit control throughout the Group and seek to strengthen customer management by, among other measures, conducting credit investigations without exception for new customers and customers with delayed payments.」
The company continues to describe credit control, allowance for doubtful accounts and the risk of additional bad debts if market conditions deteriorate, and has specified credit investigations for new customers and customers with delayed payments. - FY2019RestatedAnnual report
「The Group exercises thorough credit control and makes sufficient estimates for allowance for doubtful accounts on monetary receivables in order to minimize the impact of losses from bad debts. However, if additional bad debts arise due to deterioration in market conditions or other factors, losses may affect profit.」
The company continues to describe measures involving credit control and allowance for doubtful accounts, as well as the risk of additional bad debts if market conditions deteriorate. - FY2018RestatedAnnual report
「The Group exercises thorough credit control and makes sufficient estimates for allowance for doubtful accounts on monetary receivables in order to minimize the impact of losses from bad debts. However, if additional bad debts arise due to deterioration in market conditions or other factors, losses may affect profit.」
The company continues to address the issue through credit control and allowance for doubtful accounts, and continues to describe the risk of additional bad debts if market conditions deteriorate. - FY2016First statedAnnual report
「The Group exercises thorough credit control and makes sufficient estimates for allowance for doubtful accounts on monetary receivables in order to minimize the impact of losses from bad debts. However, if additional bad debts arise due to deterioration in market conditions or other factors, losses may affect profit.」
The company continues to describe its credit control and recognition of allowance for doubtful accounts, as well as the possibility of additional bad debts resulting from deteriorating market conditions.