Komori
Megmilk Snow Brand (2270) · RiskWorsened

Risk of Concentration of Trade Receivables Among Major Customers

First written in FY2016. 6 of 10 entries say "Worsened", first in FY2017. Latest entry: FY2026.

10entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseWorsenedFY2017 – FY2020MitigatedFY2021 – FY20232016: 120162017: 120172018: 020182019: 120192020: 120202021: 120212022: 020222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Concentration of sales receivables and credit risk among a small number of business partnersA theme 166 companies write about · 166 as a headwind · 0 as a tailwind

Megmilk Snow Brand moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).

The whole theme swung hardest in 2017: 10 of 67 companies on the "Worse" side.

49 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 166 companies compared. The sentences above are computed from all 166.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 31.4% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer increased from 29.5% in the previous fiscal year to 31.4%.
  2. 2026-05-27WorsenedGeneral Meetings of Shareholders

    「As of the consolidated fiscal year-end, 31.4% of trade receivables were attributable to a specific major customer, Nippon Access, Inc.」

    The company disclosed that 31.4% of trade receivables were concentrated with a specific major customer, up from the previously reported 29.5%.
  3. FY2025MitigatedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 29.5% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer declined from 30.5% in the previous fiscal year to 29.5%. Concentration risk remains, but the ratio decreased.
  4. FY2024WorsenedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 30.5% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer increased from 28.4% in the previous fiscal year to 30.5%.
  5. FY2023MitigatedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 28.4% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer declined from 30.4% in the previous fiscal year to 28.4%. The concentration risk itself continues.
  6. FY2021MitigatedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 29.2% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer declined from 30.4% in the previous fiscal year to 29.2%. The concentration risk itself continues.
  7. FY2020WorsenedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 30.4% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer increased from 28.1% in the previous fiscal year to 30.4%.
  8. FY2019WorsenedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 28.1% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a major customer increased from 24.0% in the previous fiscal year to 28.1%.
  9. FY2017WorsenedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 24.0% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The concentration of trade receivables among a specific major customer increased from 23.2% in the previous fiscal year to 24.0%, indicating a quantitative increase in concentration.
  10. FY2016First statedAnnual report

    「As of the consolidated balance sheet date for the current fiscal year, 23.2% of trade receivables were due from a specific major customer, NIPPON ACCESS, INC.」

    The company disclosed the concentration of trade receivables among a specific major customer as 23.2%, identifying it as a concentration of credit risk.
Moved together

"Risks Related to Raw Milk Supply and Demand, Shortages of Dairy Raw Materials, and Rising Raw Material Prices" moved the same way as this thread, in the same document, in 5 of its 10 moves.

543333★123456
  1. ★This thread
  2. 1Risks Related to Raw Milk Supply and Demand, Shortages of Dairy Raw Materials, and Rising Raw Material Prices5×
  3. 2Risk of supply interruptions caused by earthquakes, fires, infectious diseases and livestock epidemics4×
  4. 3Expansion of yogurt, cheese, functional foods and overseas operations3×
  5. 4Consolidated payout ratio of at least 20% and stable dividends3×
  6. 5Establishing the Fresh Milk Business as a Core Profit Driver and Building a Growth Model for the Nutrition, Feed, and Seed Businesses3×
  7. 6Improving Profitability Through Business Structural Reform3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Megmilk Snow Brand's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-27: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.