Komori
Seikagaku (4548) · RiskWorsened

Concentration of Trade Receivables with a Specific Large Customer

First written in FY2017. 4 of 8 entries say "Worsened", first in FY2019. Latest entry: FY2026.

8entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017MitigatedFY20222017: 120172018: 020182019: 120192020: 120202021: 120212022: 120222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Concentration of sales receivables and credit risk among a small number of business partnersA theme 161 companies write about · 161 as a headwind · 0 as a tailwind

Seikagaku 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: 9 of 63 companies on the "Worse" side.

47 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 161 companies compared. The sentences above are computed from all 161.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「As of the consolidated fiscal year-end, 61.1% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers rose from 58.6% in the previous fiscal year to 61.1%.
  2. FY2025MitigatedAnnual report

    「As of the consolidated fiscal year-end, 58.6% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers fell from the previous 69.1% to 58.6%. Concentration risk remains.
  3. FY2024WorsenedAnnual report

    「As of the consolidated fiscal year-end, 69.1% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers rose from the previously reported 63.2% to 69.1%.
  4. FY2022MitigatedAnnual report

    「As of the consolidated fiscal year-end, 63.2% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers fell from 65.8% in the previous fiscal year to 63.2%. Concentration risk remains.
  5. FY2021WorsenedAnnual report

    「As of the consolidated fiscal year-end, 65.8% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers rose from 54.8% in the previous fiscal year to 65.8%.
  6. FY2020MitigatedAnnual report

    「As of the consolidated fiscal year-end, 54.8% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers fell from the previously reported 79.2% to 54.8%.
  7. FY2019WorsenedAnnual report

    「As of the consolidated fiscal year-end, 79.2% of trade receivables were due from certain major customers.」

    The concentration ratio of trade receivables due from certain major customers rose from the previously reported 76.8% to 79.2%.
  8. FY2017First statedAnnual report

    「As of the consolidated fiscal year-end, 76.8% of trade receivables were due from specific major customers.」

    For the first time, the credit risk arising from the concentration of 76.8% of trade receivables in certain major customers has been quantified as financial instrument risk information.
Moved together

"Stable and Sustainable Dividends alongside R&D Investment" moved the same way as this thread, in the same document, in 4 of its 8 moves.

433322★123456
  1. ★This thread
  2. 1Stable and Sustainable Dividends alongside R&D Investment4×
  3. 2Strengthening Core Technologies and the Development Pipeline in Glycoscience3×
  4. 3Linking Executive Compensation to Shareholder Returns through Share Price- and Performance-Based Incentives3×
  5. 4Strategic Investments Expected to Drive Growth and Synergies3×
  6. 5Domestic Clinical Trials and Global Expansion of SI-449 Adhesion-Prevention Material2×
  7. 6Contribution of Milestone Royalties to Revenue2×

★ 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.

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