Credit, foreign exchange, market and liquidity risks, and customer concentration
First written in FY2017. 3 of 7 entries say "Mitigated", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 11 of 38 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As of the balance-sheet date for the fiscal year, 51.4% of trade receivables were due from specific major customers.」
Trade receivables concentration with specific major customers was 51.4%, down from the previously disclosed 59%. Concentration risk remains, but the disclosed concentration level has decreased. - FY2026-H1RestatedAnnual report
「The equity ratio was 83.4% (80.2% at the end of the previous fiscal year).」
The policy of prioritising a strong equity base and high liquidity remains in place. The equity ratio rose from 80.2% at the end of the previous year to 83.4%. - FY2022MitigatedAnnual report
「As of the balance-sheet date for the fiscal year, 59% of trade receivables were due from specific major customers.」
Trade receivables concentration with specific major customers declined from 61% in the previous year to 59%. Concentration risk remains, but the disclosed concentration level has decreased. - FY2021RestatedAnnual report
「As of the consolidated fiscal year-end, 61% of trade receivables were from a specific major customer.」
Trade receivables concentration with specific major customers was 61%, unchanged from 61% in the previous annual report. The methods for managing credit, foreign exchange, market and liquidity risks continue to be disclosed. - FY2019MitigatedAnnual report
「As of the consolidated fiscal year-end, 61% of trade receivables were from a specific major customer.」
Trade receivables concentrated in a specific major customer declined from 66% in the previous year to 61%. Concentration risk remains, but the disclosed level of concentration decreased. - FY2018WorsenedAnnual report
「As of the consolidated fiscal year-end, 66% of trade receivables were from a specific major customer.」
Trade receivables concentrated in a specific major customer increased from 63% in the previous disclosure to 66%, expanding customer concentration exposure. - FY2017First statedAnnual report
「As of the consolidated fiscal year-end, 63% of trade receivables were from a specific major customer.」
The disclosure states that 63% of trade receivables are concentrated in a specific major customer and describes credit risk, foreign exchange risk, market price risk, liquidity risk and their management.