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and ST HD (2685) · RiskWorsened

Concentration of Trade Receivables Among Specific Counterparties

First written in FY2019. 3 of 6 entries say "Worsened", first in FY2020. Latest entry: FY2026.

6entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019WorsenedFY2020 – FY20242019: 120192020: 120202021: 020212022: 020222023: 020232024: 120242025: 120252026: 22026
Same theme, other companies
Concentration of sales receivables and credit risk among a small number of business partnersA theme 164 companies write about · 164 as a headwind · 0 as a tailwind

and ST HD moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).

The whole theme swung hardest in 2017: 10 of 65 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 164 companies compared. The sentences above are computed from all 164.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「As of the consolidated balance sheet date for the fiscal year, 33.3% of trade receivables were due from specific customers.」

    The concentration ratio of trade receivables with specific counterparties edged up to 33.3%, from 33.1% in the previous fiscal year.
  2. 2026-04-28ReframedGeneral Meetings of Shareholders

    「❷ 年1回(基準日:2月末)を、年2回(基準日:2月末および8月末)の実施に変更 ❸ 長期保有株主優待制度の継続保有期間要件 「2年以上保有」を「3年以上保有」に変更※」

    株主優待制度は年1回から年2回へ変更され、長期保有の継続保有期間要件は2年以上から3年以上へ変更された。
  3. FY2025MitigatedAnnual report

    「As of the consolidated fiscal year-end, 33.1% of trade receivables were due from specific counterparties.」

    The concentration ratio of trade receivables with specific counterparties fell to 33.1%, from 43.3% in the previous fiscal year.
  4. FY2024WorsenedAnnual report

    「As of the consolidated balance sheet date for the fiscal year, 43.3% of trade receivables were due from specific customers.」

    The concentration ratio of trade receivables with specific counterparties rose to 43.3%, from 37.4% in the previous fiscal year.
  5. FY2020WorsenedAnnual report

    「As of the consolidated balance sheet date for the fiscal year, 37.4% of trade receivables were due from specific customers.」

    The concentration of trade receivables among specific customers increased from 35.9% in the previous fiscal year to 37.4%.
  6. FY2019First statedAnnual report

    「As of the consolidated fiscal year-end, 35.9% of trade receivables were from specific counterparties.」

    For the first time, the Company disclosed credit-risk data showing that 35.9% of trade receivables were concentrated with specific counterparties.
Moved together

"Impairment Losses on Stores" moved the same way as this thread, in the same document, in 3 of its 6 moves.

332222★123456
  1. ★This thread
  2. 1Impairment Losses on Stores3×
  3. 2Market price volatility risk relating to investment securities3×
  4. 3Stagnant Consumer Sentiment and Flat Personal Consumption2×
  5. 4Dividend Policy Based on a 30% Consolidated Payout Ratio Before Goodwill Amortization2×
  6. 5Supporting Disaster-Affected Areas and Revitalizing the Founding City and Local Communities2×
  7. 6Sale of Investment Securities2×

★ 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
No upcoming earnings preview for and ST HD yet. It last moved in the General Meetings of Shareholders of 2026-04-28: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Concentration of Trade Receivables Among Specific Counterparties | and ST HD Co.,Ltd. (2685) | Komori