Risk of Counterparty Financial Deterioration and Bad Debts
First written in FY2017. 12 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 17 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If contractors were to cease operations due to their own financial condition or other factors, the Group's business continuity could be disrupted.」
The risks relating to the suspension of business partners and contractors, contractual deficiencies, and damage to quality and brand reputation, as well as the measures taken under the transaction policy, continued to be disclosed. - FY2023WorsenedAnnual report
「The Group outsources video production and related services to sole proprietors and small and medium-sized businesses. If these contractors were to cease operations due to their own financial condition or other factors, the Group's business continuity could be disrupted.」
The existing risks of deterioration in business partners' operating conditions and bad debts were expanded into risks relating to the management of business partners, including the suspension of video production contractors, contractual deficiencies, and damage to quality and brand reputation. - FY2021-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the existing business and other risks, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing risks, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing risks, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2019RestatedAnnual report
「If the operating results and financial position of the Group's business partners deteriorate due to changes in market conditions or a general economic downturn, they may become unable to perform some or all of their obligations to the Group, or performance may be materially delayed.」
The risks of defaults and delayed performance resulting from deterioration in the operating and financial condition of business partners continued to be disclosed. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing risks, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing risks, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2019-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks described in the previous fiscal year, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2018RestatedAnnual report
「If the operating results and financial position of the Group's business partners deteriorate due to changes in market conditions or a general economic downturn, they may become unable to perform some or all of their obligations to the Group, or performance may be materially delayed.」
The risks of defaults and delayed performance resulting from deterioration in the operating and financial condition of business partners continued to be disclosed. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks described in the previous fiscal year, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks described in the previous fiscal year, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2018-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the business and other risks described in the previous fiscal year, including the risks of deterioration in business partners' operating conditions and bad debts. - FY2017First statedAnnual report
「If the operating results and financial position of the Group's business partners deteriorate due to changes in market conditions or a general economic downturn, they may become unable to perform some or all of their obligations to the Group, or performance may be materially delayed.」
The disclosure described the risk of defaults and delayed performance due to deterioration in the operating and financial condition of business partners, as well as the possibility of bad debts exceeding the allowance for doubtful accounts.