Bad Debt Losses Due to Counterparty Credit Concerns
First written in FY2016. 22 of 27 entries say "Restated". Latest entry: FY2026.
Marufuji Sheet Piling moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 6 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The risk of insolvencies in the construction industry, which have put pressure on management, is increasing regardless of company size due to factors including soaring construction costs, higher prices, and shortages of successors and labor.」
The risk of insolvencies in the construction industry is increasing, and the Company describes more specifically than before the possibility that credit concerns regarding business partners could make it impossible to collect sales proceeds and could result in bad debt losses. - FY2024MitigatedAnnual report
「To minimize the risk of bad debts, we strictly manage business partners’ credit information and credit controls, led by the credit review department, and disseminate the information to relevant departments.」
The Company explicitly describes the strict operation of credit information and credit management led by the credit review department as a response to business partners’ credit risk. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2024-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing risks, including bad debt losses due to credit concerns regarding business partners. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2022-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2021-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2021-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2020MitigatedAnnual report
「To minimize the risk of bad debts, a department specializing in credit management takes the lead in disseminating and managing information on credit concerns and other matters relating to business partners.」
The Company explicitly describes an information dissemination and management framework centered on a department specializing in credit management to address the risk of bad debts due to credit concerns regarding business partners. - FY2020-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing risks, including bad debt losses due to credit concerns regarding business partners. - FY2020-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing risks, including bad debt losses due to credit concerns regarding business partners. - FY2020-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes in existing business and other risks, including bad debt losses due to credit concerns regarding business partners. - FY2019RestatedAnnual report
「With respect to this risk, in accordance with our credit limit management rules, we manage the due dates and balances for each business partner and maintain a system for monitoring the credit status of major business partners on a daily basis.」
The Company recognizes the credit risk of business partners and continues to manage credit limits, due dates, balances and credit status on a daily basis. - FY2019-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including the risk of bad debts due to credit concerns regarding business partners. - FY2019-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes in existing business and other risks, including credit concerns regarding business partners. - FY2018MitigatedAnnual report
「Notes and accounts receivable, and electronically recorded monetary claims, which are trade receivables, are exposed to customers’ credit risk. With respect to this risk, in accordance with our credit limit management rules, we manage the due dates and balances for each business partner and maintain a system for monitoring the credit status of major business partners on a daily basis.」
While continuing to recognize the risk of bad debts due to credit concerns regarding business partners, the Company describes specific measures for managing credit limits, due dates, balances and credit status. - FY2018-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including credit concerns regarding business partners. - FY2018-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including credit concerns regarding business partners. - FY2018-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including credit concerns regarding business partners. - FY2017RestatedAnnual report
「If credit concerns arise regarding a business partner, bad debt losses may occur.」
The Company continues to disclose the risk that credit concerns regarding business partners could lead to bad debt losses. - FY2017-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including credit concerns regarding business partners. - FY2017-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in existing business and other risks, including credit concerns regarding business partners. - FY2017-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly states that there have been no material changes to the business and other risks described in the previous fiscal year. - FY2016First statedAnnual report
「If credit concerns arise regarding a business partner, bad debt losses may occur.」
The Company explicitly identifies credit concerns regarding business partners as a business risk that could lead to bad debt losses.