Dependence on Major Customers for Sales and Receivables and Concentration of Orders
First written in FY2017. 4 of 9 entries say "Mitigated", first in FY2019. Latest entry: FY2025.
Besterra moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.
28 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「As of the consolidated closing date for the fiscal year, 68.0% of trade receivables were due from a specific major customer.」
The concentration of trade receivables due from a specific major customer rose to 68.0% from 47.6% in the previous fiscal year. - FY2024MitigatedAnnual report
「As of the consolidated closing date for the fiscal year, 47.6% of trade receivables were due from a specific major customer.」
The concentration of trade receivables due from a specific major customer continued, but declined to 47.6% from 49.0% in the previous fiscal year. - FY2023MitigatedAnnual report
「As of the consolidated closing date for the fiscal year, 49.0% of trade receivables were due from a specific major customer.」
The concentration of trade receivables due from a specific major customer continued, but declined to 49.0% from 55.5% in the previous fiscal year. - FY2022WorsenedAnnual report
「As of the consolidated balance sheet date for the current consolidated fiscal year, 55.5% of trade receivables were due from specific major customers.」
Concentration of trade receivables among specific major customers rose to 55.5% from 44.5% in the previous fiscal year. Exposure to concentration of receivables among major customers has increased. - FY2021MitigatedAnnual report
「As of the consolidated balance sheet date for the current consolidated fiscal year, 44.5% of trade receivables were due from certain major customers.」
Concentration of trade receivables among specific major customers continued, but declined to 44.5% from 61.5% in the previous fiscal year. - FY2020WorsenedAnnual report
「As of the consolidated balance sheet date for the current consolidated fiscal year, 61.5% of trade receivables were due from specific major customers.」
Concentration of trade receivables among specific major customers rose to 61.5% from 55.9% in the previous disclosure. - FY2019MitigatedAnnual report
「As of the consolidated balance sheet date for the current consolidated fiscal year, 55.9% of trade receivables were due from specific major customers.」
Concentration of trade receivables among major customers continues, but the ratio declined to 55.9% in the current fiscal year from 69.8% in the previous fiscal year. The possibility of dependence on major customers and year-to-year fluctuations caused by large-scale projects continues to be disclosed. - FY2018RestatedAnnual report
「The company's major customers include the JFE Group, the Nippon Steel & Sumitomo Metal Group, 株式会社東京エネシス, and the IHI Group. Its revenue dependence on these major customers varies significantly from year to year depending on whether large-scale projects are present.」
The company continues to disclose its revenue dependence on major customers and year-to-year fluctuations caused by large-scale projects. It states that 69.8% of trade receivables for the current fiscal year are due from specific major customers. - FY2017First statedAnnual report
「The company's major customers include the JFE Group, the Nippon Steel & Sumitomo Metal Group, 戸田建設株式会社, 株式会社東京エネシス, and the IHI Group. Its revenue dependence on these major customers varies significantly from year to year depending on whether large-scale projects are present.」
The company explains that its revenue dependence on major customers varies from year to year depending on whether large-scale projects are present. It also discloses that 87.9% of trade receivables are due from specific major customers.