Strengthening Credit Management through Rigorous Self-Assessment and Support for Management Improvement
First written in FY2017-Q1. 8 of 9 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The framework of credit management through self-assessments and audits by an independent department continues. - FY2022RestatedAnnual report
「Receivables from debtors other than those described above are generally recorded based on expected losses over the next 1 year or 3 years. Expected losses are calculated by determining a loss rate based on the average over a specified past period of historical loss rates derived from 1-year or 3-year actual bad-debt losses, with necessary adjustments for future expectations and other factors, and are calculated by region.」
The framework of credit management comprising the calculation of expected losses, self-assessments, and the incorporation of future expectations continues. - FY2021RestatedAnnual report
「All receivables are assessed by the business-related departments in accordance with the asset self-assessment standards, and the results of the assessment are audited by an asset audit department independent of those departments.」
The framework of credit management comprising self-assessments, audits by an independent department, and calculation of expected losses continues. - FY2021-Q2RestatedAnnual report
「Receivables from debtors other than those described above are generally recorded based on expected losses over the next 1 year or 3 years. Expected losses are calculated by determining a loss rate based on the average over a specified past period of historical loss rates derived from 1-year or 3-year actual bad-debt losses, with necessary adjustments for future expectations and other factors. For all receivables, the operating departments conduct asset assessments based on the asset self-assessment standards, and an independent asset audit department audits the assessment results.」
The framework of credit management, comprising the calculation of expected losses, self-assessments of assets, and audits by an independent department, continues to be described. - FY2018-Q2RestatedAnnual report
「Credit costs have remained low because we conduct rigorous self-assessments each year and appropriately record write-offs and provisions based on actual conditions. Going forward, we will appropriately strengthen credit management by monitoring changes in borrowers’ operating conditions and creditworthiness, preparing management improvement plans, and providing financial support.」
The policy of strengthening credit management through rigorous self-assessments, write-offs and provisions, monitoring borrowers’ creditworthiness, management improvement plans, and financial support continues. - FY2017RestatedAnnual report
「We are strengthening our credit risk management framework and methods, appropriately conducting post-origination credit management, including individual credit reviews and self-assessments of assets, and managing and analyzing our portfolio on a portfolio basis.」
Efforts to strengthen credit management through individual reviews, self-assessments, post-origination management, and portfolio management and analysis continue. - FY2017-Q3RestatedAnnual report
「Credit costs have remained low because we conduct rigorous self-assessments each year and appropriately record write-offs and provisions based on actual conditions. Going forward, we will appropriately strengthen credit management by monitoring changes in borrowers’ operating conditions and creditworthiness, preparing management improvement plans, and providing financial support.」
The policy of strengthening credit management through annual self-assessments, write-offs and provisions, monitoring borrowers’ creditworthiness, management improvement plans, and financial support continues. - FY2017-Q2RestatedAnnual report
「Credit costs have remained low because we conduct rigorous self-assessments each year and appropriately record write-offs and provisions based on actual conditions. Going forward, we will appropriately strengthen credit management by monitoring changes in borrowers’ operating conditions and creditworthiness, preparing management improvement plans, and providing financial support.」
The policy of strengthening credit management through self-assessments, write-offs and provisions, monitoring borrowers’ creditworthiness, management improvement plans, and financial support continues. - FY2017-Q1First statedAnnual report
「Credit costs have remained low because we conduct rigorous self-assessments each year and appropriately record write-offs and provisions based on actual conditions. Going forward, we will appropriately strengthen credit management by monitoring changes in borrowers’ operating conditions and creditworthiness, preparing management improvement plans, and providing financial support.」
States that credit management will be strengthened through annual self-assessments, write-offs and provisions, monitoring borrowers’ creditworthiness, preparing management improvement plans, and providing financial support.