Credit Risk Management Through Credit Screening, Internal Ratings, Guarantees and Collateral, and Support for Management Improvement
First written in FY2023-Q1. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 25 of 47 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Meanwhile, to strengthen the Group-wide credit risk governance framework, we established the Credit Planning Department within the Company and are working to standardise the credit management frameworks of both banks, as well as their various credit screening standards and related operations.」
In addition to the existing screening, ratings and collateral management, specific progress has been made through the establishment of the Credit Planning Department and the standardisation of the two banks' credit management and screening standards. - FY2023-Q3RestatedAnnual report
「In addition, for customers requiring management improvement support, we have established a system to prevent deterioration in their business conditions by taking timely and appropriate measures necessary for their management improvement.」
A system for providing management improvement support and company-specific business partner support in an organised manner, in addition to credit screening, ratings and collateral management, remains in place. - FY2023-Q2RestatedAnnual report
「In addition, for customers requiring management improvement support, we have established a system to prevent deterioration in their business conditions by taking timely and appropriate measures necessary for their management improvement. Furthermore, as credit risk may increase if COVID-19 spreads or as a result of adverse effects arising from Russia's invasion of Ukraine, including higher prices, we are taking an organised approach to supporting business partners, including considering support policies and measures suited to their circumstances based on each company's specific business conditions and future outlook.」
In addition to the existing credit screening, rating and collateral management, specific descriptions of management improvement support and company-specific business partner support policies have been added. - FY2023-Q1First statedAnnual report
「We have established and operate rules and systems for credit management, including credit screening and setting credit limits for individual transactions, credit information management, internal ratings, setting guarantees and collateral, and handling problem loans.」
The measures listed for addressing credit risk are screening, credit limits, internal ratings, collateral and guarantees, and handling problem loans.