Bad-debt risk arising from deterioration in customers’ financial condition
First written in FY2016. 16 of 20 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 19 of 65 companies on the "Worse" side.
- FY2023RestatedAnnual report
「To prepare for bad debt losses on accounts receivable, the company recognizes estimated uncollectible amounts based on historical bad debt rates for ordinary receivables and after individually assessing recoverability for receivables at risk of non-collection and receivables from bankrupt or rehabilitating debtors. However, if it becomes necessary to strengthen receivables guarantees or increase the allowance for doubtful accounts, the Group's operating results may be affected.」
The company continues to manage credit risk through receivables guarantee services, recoverability assessments for receivables and allowances for doubtful accounts. - FY2022-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the existing risks related to deterioration in business partners' financial condition and bad debts. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2021-Q2WorsenedAnnual report
「Because this assumption involves uncertainty, if a renewed spread of infections or other developments after the third-quarter consolidated accounting period causes the recovery in operating results to take longer than assumed above, the Group's results for the current consolidated fiscal year may be further affected by impairment losses on fixed assets, recognition of allowances for doubtful accounts and other factors.」
The company specifically states that a renewed spread of infections or a prolonged recovery in operating results may further affect results through the recognition of allowances for doubtful accounts relating to business partners. - FY2020WorsenedAnnual report
「The Group has a diverse range of business partners, but if a business partner becomes bankrupt due to the spread of the novel coronavirus or if a major business partner's financial condition deteriorates rapidly, credit risk relating to those business partners will arise.」
In addition to the existing risk of deterioration in major business partners' financial condition, the company specifically identifies business partner bankruptcies caused by the spread of the novel coronavirus, expanding the channels through which credit risk may arise. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2020-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2020-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2019RestatedAnnual report
「The Group manages trade receivables by, among other measures, introducing receivables guarantee services according to the financial condition of its business partners, and works to prevent bad debts. The Group has a diverse range of business partners and is not dependent on any particular customer, but if a major business partner's financial condition deteriorates rapidly, creating credit risk and requiring an increase in the allowance for doubtful accounts, the Group's operating results may be affected.」
While continuing to manage receivables through receivables guarantee services and other measures, the company continues to recognize credit risk arising from deterioration in major business partners' financial condition. - FY2019-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2019-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2019-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2018RestatedAnnual report
「The Group manages trade receivables by, among other measures, introducing receivables guarantee services according to the financial condition of its business partners, and works to prevent bad debts.」
While credit risk arising from deterioration in business partners' financial condition remains, the company continues to manage it through receivables guarantee services and other measures. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2018-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2018-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the existing business and other risks related to deterioration in business partners' financial condition and bad debts. - FY2017MitigatedAnnual report
「The Group manages trade receivables by, among other measures, introducing receivables guarantee services according to the financial condition of its business partners, and works to prevent bad debts.」
Although credit risk arising from deterioration in major business partners' financial condition remains, the company specifically identifies the introduction of receivables guarantee services according to business partners' circumstances as a management measure. - FY2017-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the existing risks related to deterioration in business partners' financial condition and bad debts. - FY2017-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in business and other risks. - FY2016First statedAnnual report
「If a major business partner's financial condition deteriorates rapidly, creating credit risk and requiring an increase in the allowance for doubtful accounts, the Group's operating results may be affected.」
While the company has a diverse customer base and is not dependent on any particular customer, it identifies a major business partner's rapid financial deterioration as a risk.