Customer Credit Risk
First written in FY2017. 2 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
Nippon Shinyaku moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 17 of 87 companies on the "Worse" side.
59 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group's revenue is generated mainly from the sale of products and merchandise through a small number of wholesalers. Revenue from the four largest group companies accounted for approximately 63.0% of revenue in the consolidated statement of profit or loss. Trade receivables from those four group companies amounted to ¥25,812 million and ¥30,090 million at the end of the previous and current consolidated fiscal years, respectively.」
The sales concentration ratio for the four largest customers increased from approximately 62.5% to approximately 63.0%, while trade receivables increased from ¥2,581.2 million to ¥3,009.0 million. - FY2025The concentration ratio and trade receivables decreasedAnnual report
「The Group's revenue is generated mainly from the sale of products and merchandise through a small number of wholesalers. Revenue from the four largest group companies accounted for approximately 62.5% of revenue in the consolidated statement of profit or loss. Trade receivables from those four group companies amounted to ¥31,142 million and ¥25,812 million at the end of the previous and current consolidated fiscal years, respectively.」
The sales concentration ratio for the four largest customers decreased from approximately 62.8% in the previous fiscal year to approximately 62.5%, while trade receivables decreased from ¥31,142 million to ¥25,812 million. - FY2024Sales concentration among the four largest customers decreasedAnnual report
「The Group's revenue is generated mainly from the sale of products and merchandise through a small number of wholesalers. Revenue from the four largest group companies accounted for approximately 62.8% of revenue in the consolidated statement of profit or loss.」
The sales concentration ratio for the four largest customers decreased from approximately 63.4% in the previous fiscal year to approximately 62.8%, while trade receivables from those four customers increased from ¥2,736.5 million to ¥3,114.2 million. - FY2023RestatedAnnual report
「The Group's revenue is generated mainly from the sale of products and merchandise through a small number of wholesalers. Revenue from the four largest group companies accounted for approximately 63.4% of revenue in the consolidated statement of profit or loss.」
The company disclosed that revenue from its four largest customers accounted for approximately 63.4% of total revenue and that trade receivables amounted to ¥2,736.5 million in relation to customer credit risk. - FY2021MitigatedAnnual report
「In accordance with its credit management regulations, the sales department and the accounting and finance departments regularly monitor the status of business partners with respect to trade receivables, manage due dates and balances for each business partner, and seek to identify and mitigate collection concerns at an early stage, including those arising from deteriorating financial conditions.」
The company restated its regular monitoring of business partners, management of due dates and balances, and early identification of collection concerns in response to customer credit risk. - FY2020MitigatedAnnual report
「In accordance with its credit management regulations, the sales department and the accounting and finance departments regularly monitor the status of business partners with respect to trade receivables, manage due dates and balances for each business partner, and seek to identify and mitigate collection concerns at an early stage, including those arising from deteriorating financial conditions.」
In response to customer credit risk, the company regularly monitors the status of business partners, manages due dates and balances, and seeks to identify collection concerns at an early stage. - FY2017First statedAnnual report
「Trade notes and accounts receivable, which are trade receivables, as well as electronically recorded monetary claims, are exposed to customers’ credit risk.」
The company described the credit risk arising from customer nonperformance under contracts and other factors with respect to notes receivable, accounts receivable and electronically recorded monetary claims.