Delays or Difficulty in Collecting Receivables Due to Customer Deterioration
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 18 of 64 companies on the "Worse" side.
- FY2025RestatedAnnual report
「In accordance with our credit management rules, we investigate credit conditions and establish credit limits when commencing transactions, manage payment due dates and outstanding credit balances for each counterparty, and review credit limits once a year to identify and mitigate concerns regarding collection at an early stage, including those arising from deteriorating financial conditions.」
The risk of collecting receivables following deteriorating customer performance, and the countermeasures of setting credit limits when transactions commence, managing outstanding balances and reviewing limits once a year, continue to be disclosed. - FY2022RestatedAnnual report
「We investigate credit conditions and establish credit limits when commencing transactions, manage payment due dates and outstanding credit balances for each counterparty, and review credit limits once a year to identify and mitigate concerns regarding collection at an early stage, including those arising from deteriorating financial conditions.」
The risk of collecting receivables following deteriorating customer performance, and the countermeasures of managing credit limits and reviewing them once a year, continue to be disclosed. - FY2021First statedAnnual report
「In accordance with our credit management rules, we investigate credit conditions and establish credit limits when commencing transactions, manage payment due dates and outstanding credit balances for each counterparty, and review credit limits once a year to identify and mitigate concerns regarding collection at an early stage, including those arising from deteriorating financial conditions. However, if customer performance deteriorates and collection is delayed or becomes difficult, our operating results and financial position may be affected.」
Although credit management is in place, the possibility of delayed or difficult collection due to deteriorating customer performance is identified as a risk.