Risk of Counterparty Default and Deterioration in Financial Condition
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2024RestatedAnnual report
「If a business partner's financial condition deteriorates in the future, some or all of the contractual provisions may become impossible to perform.」
The disclosure continued to cover the risks of deterioration in business partners' financial condition and contractual non-performance, as well as measures based on investigations of their reliability. - FY2018RestatedAnnual report
「When selecting business partners to whom the Group provides or from whom it receives services, we investigate their reliability to the extent possible. However, if a business partner's financial condition deteriorates in the future, some or all of the contractual provisions may become impossible to perform.」
The disclosure continued to cover investigations of business partners' credit status and the risks of deterioration in financial condition and contractual non-performance. - FY2017RestatedAnnual report
「When selecting business partners to whom the Group provides or from whom it receives services, we investigate their reliability to the extent possible. However, if a business partner's financial condition deteriorates in the future, some or all of the contractual provisions may become impossible to perform.」
The disclosure continued to cover the risk of deterioration in business partners' creditworthiness and contractual non-performance, as well as investigations of their reliability at the selection stage. - FY2016First statedAnnual report
「When selecting business partners to whom the Group provides or from whom it receives services, we investigate their reliability to the extent possible. However, if a business partner's financial condition deteriorates in the future, some or all of the contractual provisions may become impossible to perform.」
The deterioration of business partners' creditworthiness and their non-performance of contracts are identified as risks that could affect financial condition and operating results.