Credit Risk of Business Partners
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As for the impact on consolidated performance, although collection of receivables may be impeded, most of our major business partners are financially sound companies, and we believe the impact would be limited.」
Credit risk involving business partners continues to be disclosed, while the Group states that the impact is expected to be limited because most major business partners are financially sound companies. - FY2019RestatedAnnual report
「However, the RIX Group’s financial position, operating results and cash flows may be adversely affected if an unexpected event involving a business partner impedes the collection of receivables or creates liability for damages because products cannot be procured, among other circumstances.」
Credit risk associated with business partners’ inability to collect receivables and inability to procure products continues to be disclosed. - FY2017First statedAnnual report
「However, the RIX Group’s financial position, operating results and cash flows may be adversely affected if an unexpected event involving a business partner impedes the collection of receivables or creates liability for damages because products cannot be procured, among other circumstances.」
Credit risk involving business partners, including difficulties collecting receivables and liability for damages arising from an inability to procure products, is expressly identified as a business risk.