Credit Risk Management under the Receivables Management Regulations
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2023: 8 of 30 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「In accordance with the Receivables Management Regulations, the General Affairs Department manages the due dates and balances of notes receivable and accounts receivable for each counterparty, while coordinating with the Sales Department to identify and mitigate at an early stage any collection concerns arising from deterioration in financial condition or other factors. The consolidated subsidiaries conduct the same management in accordance with the company's Receivables Management Regulations.」
The company and its consolidated subsidiaries continue to maintain a system for managing receivables for each counterparty, coordinating with the Sales Department, and identifying and mitigating collection concerns at an early stage. - FY2017First statedAnnual report
「In accordance with the Receivables Management Regulations, the General Affairs Department manages the due dates and balances of notes receivable and accounts receivable for each counterparty, while coordinating with the Sales Department to identify and mitigate at an early stage any collection concerns arising from deterioration in financial condition or other factors.」
The filing describes a system for managing credit risk, including concentration of receivables with specific customers, by monitoring due dates and balances for each counterparty, coordinating with the Sales Department, and identifying and mitigating collection concerns at an early stage.