Credit and Receivables Collection Risks Involving Franchisee Companies and Others
First written in FY2022. 1 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In accordance with its sales and receivables management regulations and other policies, the Group manages payment dates and balances for each counterparty, seeks to identify concerns about collection at an early stage, including those arising from deteriorating financial conditions, and works to reduce credit risk.」
The Company continues to address the credit risk associated with extending credit to franchisee store owners and others through monitoring payment dates and balances. - FY2023MitigatedAnnual report
「In accordance with its sales and receivables management regulations and other policies, the Group manages payment dates and balances for each counterparty, seeks to identify concerns about collection at an early stage, including those arising from deteriorating financial conditions, and works to reduce credit risk.」
While continuing to recognise the credit risk of franchisee store owners and others, the Company specified management measures consisting of monitoring payment dates and balances and identifying concerns about collection at an early stage. - FY2022First statedAnnual report
「The Group extends credit to franchisee corporation owners and others in the form of trade receivables and other receivables, and is therefore exposed to credit risk that these receivables may become uncollectible if the credit standing of franchisee corporation owners and others deteriorates or they become insolvent.」
The Company newly made explicit the risks of deteriorating credit standing, business failure and uncollectible receivables associated with extending credit to franchisee corporations.