Risk of Deterioration in Counterparties’ Creditworthiness and Non-Collection of Receivables
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The company routinely gathers information using research agencies and industry information and rigorously manages credit, maintaining systems to prevent receivables from becoming uncollectible.」
The company continues its policy of gathering information and managing credit in response to customers’ credit risk. - FY2023RestatedAnnual report
「To ensure a thorough understanding of customers’ creditworthiness, the Group routinely gathers information using research agencies and industry information and rigorously manages credit, maintaining systems to prevent receivables from becoming uncollectible.」
The company continues to disclose customers’ credit risk and credit management using research agencies and industry information. - FY2019RestatedAnnual report
「To ensure a thorough understanding of customers’ creditworthiness, the Group routinely gathers information using research agencies and industry information and rigorously manages credit, maintaining systems to prevent receivables from becoming uncollectible. However, if an unforeseen event occurs beyond the scope of these measures, it could affect the Group’s operating results.」
The company continues to disclose customers’ credit risk and credit management using research agencies and industry information. - FY2018RestatedAnnual report
「To ensure a thorough understanding of customers’ creditworthiness, the Group routinely gathers information using research agencies and industry information and rigorously manages credit, maintaining systems to prevent receivables from becoming uncollectible. However, if an unforeseen event occurs beyond the scope of these measures, it could affect the Group’s results.」
The company continues to disclose customers’ credit risk and credit management using research agencies and industry information. - FY2017First statedAnnual report
「To ensure a thorough understanding of customers’ creditworthiness, the Group routinely gathers information using research agencies and industry information and rigorously manages credit, maintaining systems to prevent receivables from becoming uncollectible. However, if an unforeseen event occurs beyond the scope of these measures, it could affect the Group’s results.」
The company has identified for the first time the deterioration of customers’ creditworthiness and uncollectible receivables as business risks, and has also described preventive measures through credit management.