Credit risk associated with trade receivables from numerous customers
First written in FY2016. 9 of 12 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Accordingly, we have taken out trade credit insurance to diversify our risks.」
The section continues to describe credit risk diversification through trade credit insurance, in addition to setting credit limits and monitoring customers’ financial condition. - FY2024MitigatedAnnual report
「Accordingly, we have taken out trade credit insurance to diversify our risks.」
In addition to the existing measures of setting credit limits and monitoring customers’ financial condition, the section explicitly identifies risk diversification through trade credit insurance. - FY2023RestatedAnnual report
「Our group seeks to reduce credit risk related to trade receivables by setting credit limits according to each customer’s operating condition and continuously monitoring its financial condition. However, rapid changes in the external environment or deterioration in customers’ performance or cash flow may result in bad debts and other events.」
The section continues to describe credit risk management through setting credit limits and monitoring customers’ financial condition. - FY2021RestatedAnnual report
「In addition, the likelihood of this risk materializing has increased as the novel coronavirus infection has spread, and we are strengthening our credit management further.」
The section continues to recognize that the spread of the infection has increased the likelihood of customer credit risk materializing and describes the response of strengthening credit management. - FY2020WorsenedAnnual report
「In addition, the likelihood of this risk materializing has increased as the novel coronavirus infection has spread, and we are strengthening our credit management further.」
The section states that the spread of the infection has increased the likelihood of customer credit risk materializing and describes further strengthening of credit management. - FY2019RestatedAnnual report
「Our group seeks to reduce credit risk related to trade receivables by setting credit limits according to each customer’s operating condition and continuously monitoring its financial condition. However, rapid changes in the external environment or deterioration in customers’ performance or cash flow may result in bad debts and other events that could affect our group’s operating results and financial position.」
The section continues to describe measures to reduce credit risk by setting credit limits and monitoring customers’ financial condition, as well as the possibility of bad debts and other events. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The section states that there have been no material changes to existing risks, including credit risk associated with trade receivables from numerous customers. - FY2018RestatedAnnual report
「Our group seeks to reduce credit risk related to trade receivables by setting credit limits according to each customer’s operating condition and continuously monitoring its financial condition. However, rapid changes in the external environment or deterioration in customers’ performance or cash flow may result in bad debts and other events that could affect our group’s operating results and financial position.」
The section explicitly identifies setting credit limits and continuously monitoring customers’ financial condition as risk mitigation measures, while continuing to describe credit risks such as bad debts. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The section states that there have been no material changes to existing risks, including credit risk associated with trade receivables from numerous customers. - FY2017RestatedAnnual report
「We mainly sell building materials to approximately 2,000 customers in Hokkaido and the prefectures of Tohoku, Kanto, Chubu, Kansai and Kyushu. If customers with accounts receivable from us encounter financial problems that we cannot anticipate, our operating results and financial condition may be affected.」
The section continues to describe credit and collection risks arising from customers’ financial problems in connection with accounts receivable from approximately 2,000 customers. - FY2017-Q3RestatedAnnual report
「No new business risks arose during the nine-month period ended the third quarter of the current fiscal year. In addition, there were no significant changes to the business risks disclosed in the securities report for the previous fiscal year.」
The section states that there have been no material changes to existing risks, including credit risk associated with trade receivables from numerous customers. - FY2016First statedAnnual report
「We mainly sell building materials to approximately 2,000 customers in Hokkaido and the prefectures of Tohoku, Kanto, Chubu, Kansai and Kyushu. If customers with accounts receivable from us encounter financial problems that we cannot anticipate, our operating results and financial condition may be affected.」
The section identifies collection and performance risks arising from customers’ financial problems in connection with accounts receivable from approximately 2,000 customers.