Credit management under the Credit Risk Management Policy and Credit Policy
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 29 of 54 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Recognizing credit risk as the most important risk, the Group is working to strengthen credit risk management based on the Credit Risk Management Policy, which sets out the basic principles of credit risk management, and the Credit Policy, which serves as a code of conduct for lending.」
It continues to manage credit risk through credit ratings, quantitative analysis, industry-specific portfolio management, self-assessment and audits. - FY2021RestatedAnnual report
「Recognizing credit risk as the most important risk, the Group is working to strengthen credit risk management based on the Credit Risk Management Policy, which sets out the basic principles of credit risk management, and the Credit Policy, which serves as a code of conduct for lending.」
It continues to manage credit risk through credit ratings, quantitative analysis, industry-specific portfolio management, self-assessment and audits. - FY2019RestatedAnnual report
「Recognizing credit risk as the most important risk, we are working to strengthen credit risk management based on the Credit Risk Management Policy, which sets out the basic principles of credit risk management, and the Credit Policy, which serves as a code of conduct for lending.」
It continues to manage credit risk through credit ratings, quantitative analysis, industry-specific portfolio management, self-assessment and audits. - FY2017First statedAnnual report
「Recognizing credit risk as the most important risk, we are working to strengthen credit risk management based on the Credit Risk Management Policy, which sets out the basic principles of credit risk management, and the Credit Policy, which serves as a code of conduct for lending.」
For the first time, it systematically presents a credit risk management framework covering the credit rating system, quantitative analysis, industry-specific portfolio management, self-assessment and audits.