Deteriorating Customer Credit Quality and Bad Debt Risk
First written in FY2016. 12 of 16 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there are no material changes in the deterioration in customers' credit quality and bad debt risk. - FY2022WorsenedAnnual report
「The group has more than 10,000 customers, including a considerable number of small and medium-sized businesses. Depending on domestic economic trends, including capital investment conditions, the group may need to increase its allowance for doubtful accounts or may incur bad debt losses.」
It explicitly states that the number of customers exceeds 10,000 and that additional allowances for doubtful accounts and bad debt losses may arise in relation to small and medium-sized businesses. - FY2022-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes, including abnormal fluctuations in the 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 treats the deterioration in customers' credit quality and bad debt risk as involving no material changes from the risks described in the previous fiscal year. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company treats the deterioration in customers' credit quality and bad debt risk as involving no material changes from the risks described in the previous fiscal year. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company treats the deterioration in customers' credit quality and bad debt risk as involving no material changes from the risks described in the previous fiscal year. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company continues to treat the deterioration in customers' credit quality and bad debt risk as involving no material changes. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company continues to treat the deterioration in customers' credit quality and bad debt risk as involving no material changes. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company continues to treat the deterioration in customers' credit quality and bad debt risk as involving no material changes. - FY2019WorsenedAnnual report
「The group has approximately 11,000 customers. In managing receivables, it sets credit limits for each customer based on the customer's business scale and financial capacity, obtains security deposits when necessary, reviews the limits at least once a year and continuously monitors customers' credit quality, thereby seeking to minimize the occurrence of bad debts.」
The number of customers was disclosed as approximately 11,000, up from approximately 5,000, expanding the scale of customers subject to credit management. Credit limits, security deposits and annual reviews have continued. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company continues to treat the deterioration in customers' credit quality and bad debt risk as involving no material changes. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company continues to treat the deterioration in customers' credit quality and bad debt risk as involving no material changes. - FY2018RestatedAnnual report
「The group has approximately 5,000 customers. In managing receivables, it sets credit limits for each customer based on the customer's business scale and financial capacity, obtains security deposits when necessary, reviews the limits at least once a year and continuously monitors customers' credit quality, thereby seeking to minimize the occurrence of bad debts.」
The company continues to manage credit by setting credit limits, obtaining security deposits and conducting annual reviews for its approximately 5,000 customers. - FY2018-Q2RestatedAnnual report
「With respect to cash flows from operating activities, the group aims to strengthen its cash position by minimizing the occurrence of bad debts, accelerating receivables collection and improving funding efficiency across the group.」
The company continues its policy of addressing these risks by minimizing bad debts, accelerating receivables collection and improving funding efficiency across the group. - FY2017RestatedAnnual report
「The group has approximately 5,000 customers. In managing receivables, it sets credit limits for each customer based on the customer's business scale and financial capacity, obtains security deposits when necessary, reviews the limits at least once a year and continuously monitors customers' credit quality, thereby seeking to minimize the occurrence of bad debts.」
The company continues to manage credit by setting credit limits, obtaining security deposits and conducting annual reviews for its approximately 5,000 customers. - FY2017-Q2MitigatedAnnual report
「With respect to cash flows from operating activities, the group aims to strengthen its cash position by minimizing the occurrence of bad debts, accelerating receivables collection and improving funding efficiency across the group.」
It outlines a policy of addressing bad debt risk and strengthening the cash position by minimizing bad debts and accelerating receivables collection. - FY2016First statedAnnual report
「The group has approximately 5,000 customers. In managing receivables, it sets credit limits for each customer based on the customer's business scale and financial capacity, obtains security deposits when necessary, reviews the limits at least once a year and continuously monitors customers' credit quality, thereby seeking to minimize the occurrence of bad debts.」
It describes the possibility of increased allowances for doubtful accounts and bad debt losses due to economic conditions and trends in capital investment, against a backdrop of the large number of customers and the presence of small and medium-sized businesses.