Concentration of Trade Receivables with a Specific Major Customer
First written in FY2022. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 9 of 63 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Trade receivables and contract assets, which are operating receivables, are exposed to the credit risk of customers. To mitigate this risk, the Group manages due dates and outstanding balances for each customer in accordance with its credit management rules and regularly checks the credit status of major customers.」
In place of concentration on specific large customers, the Group continues to manage the due dates and outstanding balances of trade receivables and contract assets and to check the credit status of major customers. - FY2025RestatedAnnual report
「Accounts receivable, which are trade receivables, are exposed to customers’ credit risk. To mitigate this risk, the Company manages payment due dates and outstanding balances for each customer in accordance with its credit management regulations and regularly reviews the credit status of major customers.」
The Company continues to describe credit risk management through customer-level monitoring of payment due dates and outstanding balances and reviews of customers’ credit status, rather than the concentration ratio for a specific major customer. - FY2024ReframedAnnual report
「Accounts receivable, which are trade receivables, are exposed to customers’ credit risk. To mitigate this risk, the Company manages payment due dates and outstanding balances for each customer in accordance with its credit management regulations and regularly reviews the credit status of major customers.」
The concentration of trade receivables with a specific major customer, which had been disclosed through the previous fiscal year, is not included in this filing and has been replaced by a general description of credit risk management based on customer-level credit monitoring. - FY2023MitigatedAnnual report
「As of the fiscal year-end date, 73.0% of trade receivables were due from a specific major customer.」
The concentration of trade receivables with a specific major customer declined from 75.4% in the previous fiscal year to 73.0%. The concentration risk itself remains. - FY2022First statedAnnual report
「As of the fiscal year-end date, 75.4% of trade receivables were due from a specific major customer.」
The Company has quantitatively disclosed that 75.4% of trade receivables, including accounts receivable, were concentrated with a specific major customer.