Customer Credit Risk
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2026RestatedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
The Company continues to disclose, as before, that transactions are primarily conducted on credit, that delayed or uncollectible receivables pose a risk, and that these risks are managed under credit management regulations. - FY2024MaterialisedAnnual report
「Subsequently, after a Korean company delayed payment, the Company initiated an insurance claim recovery procedure in January 2021, but it was discovered that an improper application containing information inconsistent with the facts had been submitted.」
A customer in Korea did in fact delay payment, leading to a claim recovery procedure under trade credit insurance. The collection risk associated with credit transactions has materialised. - FY2022RestatedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
The Company continues to disclose, as before, that transactions are primarily conducted on credit, that delayed or uncollectible receivables pose a risk, and that these risks are managed under credit management regulations. - FY2021RestatedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
The Company continues to disclose, as before, that transactions are primarily conducted on credit, that delayed or uncollectible receivables pose a risk, and that these risks are managed under credit management regulations. - FY2020RestatedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
The Company continues to disclose, as before, that transactions are primarily conducted on credit, that delayed or uncollectible receivables pose a risk, and that these risks are managed under credit management regulations. - FY2019RestatedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
The Company continues to disclose, as before, that transactions are primarily conducted on credit, that delayed or uncollectible receivables pose a risk, and that these risks are managed under credit management regulations. - FY2018RestatedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
The disclosure that transactions are primarily conducted on credit, with risks of delayed or uncollectible receivables managed under credit management regulations, has been repeated. - FY2016First statedAnnual report
「Most transactions between the Company's corporate group and its customers are conducted on credit. The Group has established and operates under strict credit management regulations to avoid losses arising from delayed or uncollectible receivables. However, if credit risk materialises at a customer due to an unforeseen event, it may affect operating results and financial position.」
Because transactions are primarily conducted on credit, delayed or uncollectible receivables are identified as risks and addressed through credit management regulations.