Collection Risk Resulting from Deterioration in Counterparties’ Operating Performance and Financial Condition
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 34 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In accordance with its credit management rules, the company seeks to identify and mitigate concerns about collection at an early stage, including those arising from deterioration in customers' financial condition, by having the credit management officers in each business division regularly monitor the status of major customers and manage due dates and balances for each counterparty with respect to operating receivables and loans.」
Credit risk management through regular monitoring of customers and loans, management of due dates and balances, and early identification of collection concerns continues. - FY2022RestatedAnnual report
「In accordance with its credit management rules, the company seeks to identify and mitigate concerns about collection at an early stage, including those arising from deterioration in customers' financial condition, by having the credit management officers in each business division regularly monitor the status of major customers and manage due dates and balances for each counterparty with respect to operating receivables and long-term loans.」
Regular monitoring of customer status and management of due dates and balances by credit management officers continues. - FY2021RestatedAnnual report
「In accordance with its credit management rules, the company seeks to identify and mitigate concerns about collection at an early stage, including those arising from deterioration in customers' financial condition, by having the credit management officers in each business division regularly monitor the status of major customers and manage due dates and balances for each counterparty with respect to operating receivables and long-term loans.」
Regular monitoring and balance management in response to customer credit deterioration and collection risk have been reconfirmed. - FY2017RestatedAnnual report
「If the operating results and financial condition of the Group's customers deteriorate due to changes in the economic environment or other factors, the Group's operating receivables may be collected late or become uncollectible, resulting in bad debt losses and potentially affecting the Group's operating results and financial condition.」
The collection risk associated with deterioration in customers' financial condition continues. - FY2016First statedAnnual report
「If the operating results and financial condition of the Group's customers deteriorate due to changes in the economic environment or other factors, the Group's operating receivables may be collected late or become uncollectible, resulting in bad debt losses and potentially affecting the Group's operating results and financial condition.」
Delayed or failed collection of operating receivables is identified as a credit risk.