Komori
Nippon Kodoshi (3891) · RiskSoftened

Dependence on a Specific Major Customer for Accounts Receivable and Sales

First written in FY2016. 4 of 10 entries say "Worsened", first in FY2017. Latest entry: FY2026.

10entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017 – FY2018WorsenedFY2021 – FY20222016: 120162017: 120172018: 120182019: 020192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Concentration of sales receivables and credit risk among a small number of business partnersA theme 170 companies write about · 170 as a headwind · 0 as a tailwind

Nippon Kodoshi moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

The whole theme swung hardest in 2017: 11 of 68 companies on the "Worse" side.

2 other companies' latest entry also says "Softened".

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 170 companies compared. The sentences above are computed from all 170.
Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「Oji F-Tex Co., Ltd. 11,952,558 64.2」

    The sales ratio for Oji F-Tex fell from 66.4% in the previous fiscal year to 64.2%, slightly reducing sales concentration among specific customers.
  2. FY2025SoftenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, approximately 70% of trade receivables were from specific major customers.」

    The concentration of trade receivables among specific major customers remained approximately 70%. Meanwhile, Oji F-Tex’s sales ratio fell from 69.2% in the previous fiscal year to 66.4%.
  3. FY2024RestatedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, approximately 70% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers remained approximately 70%, reconfirming the high level of customer concentration. Oji F-Tex accounted for 69.2% of total sales.
  4. FY2023SoftenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, approximately 70% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers fell from 71% in the previous fiscal year to approximately 70%. The sales ratio for Oji F-Tex, a major customer, also fell from 70.0% to 69.6%.
  5. FY2022WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 71% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers rose from 68% in the previous fiscal year to 71%, increasing receivables concentration.
  6. FY2021WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 68% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers rose from 62% in the previous fiscal year to 68%, increasing receivables concentration.
  7. FY2020SoftenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 62% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers fell from 69% in the previous fiscal year to 62%. The sales ratio for Oji F-Tex, a major customer, also fell from 57.6% to 54.4%.
  8. FY2018WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 69% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers rose from 62% in the previous consolidated fiscal year to 69%, increasing the concentration of trade receivables.
  9. FY2017WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 62% of trade receivables were from specific major customers.」

    The proportion of trade receivables from specific major customers rose from 48% to 62%, increasing the concentration of trade receivables.
  10. FY2016First statedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 48% of trade receivables were from specific major customers.」

    Receivables from specific major customers accounted for 48% of total trade receivables, while Oji F-Tex Co., Ltd. accounted for 61.3% of total sales.
Moved together

"Impact of foreign exchange fluctuations on business performance" moved the same way as this thread, in the same document, in 7 of its 10 moves.

743332★123456
  1. ★This thread
  2. 1Impact of foreign exchange fluctuations on business performance7×
  3. 2Economic downside risks from geopolitical risks and other factors4×
  4. 3Dependence on separators for aluminum electrolytic capacitors3×
  5. 4Impact of the Global Automotive Market Slowdown on Demand for Capacitor Separators3×
  6. 5Supply risk associated with overseas pulp procurement3×
  7. 6Fluctuations in Electricity, Heavy Fuel Oil and LNG Prices2×

★ 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
Nippon Kodoshi's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.