Credit Risk Relating to Trade Receivables from Franchisees
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 19 of 64 companies on the "Worse" side.
- FY2022RestatedAnnual report
「Accounts receivable, which are trade receivables, are primarily due from franchisees and are exposed to the credit risk of the counterparties. To manage this risk, in accordance with the franchise agreements, the Company monitors payment due dates and outstanding balances by counterparty and has a system for assessing the financial condition of major counterparties at each fiscal year-end.」
Continued to disclose credit risk associated with accounts receivable from franchisees and management through monitoring payment due dates, outstanding balances and financial condition. - FY2018First statedAnnual report
「Accounts receivable, which are trade receivables, are primarily due from franchisees and are exposed to the credit risk of the counterparties. To manage this risk, in accordance with the franchise agreements, the Company monitors payment due dates and outstanding balances by counterparty and has a system for assessing the financial condition of major counterparties at each fiscal year-end.」
For the first time, disclosed as a separate theme the credit risk associated with accounts receivable from franchisees and the management approach of monitoring payment due dates, outstanding balances and financial condition by counterparty.