Concentration of Trade Receivables and Sales Among Certain Large Customers
First written in FY2016. 5 of 8 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Morio Denki 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: 14 of 77 companies on the "Worse" side.
55 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As of the consolidated fiscal year-end, 10.8% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
The proportion of trade receivables due from a specific major customer rose from 7.9% previously to 10.8%. Mitsubishi Electric Corporation and Kawasaki Rail Car Lincoln, Inc. accounted for 14.2% and 13.3% of sales, respectively. - FY2024Lower trade receivables ratio and higher sales ratio for major customersAnnual report
「As of the consolidated fiscal year-end, 7.9% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales. Mitsubishi Electric Corporation 1,613,475 21.7」
The proportion of trade receivables due from a specific major customer declined from 15.0% previously to 7.9%, while sales to Mitsubishi Electric Corporation amounted to ¥1.613 billion, or 21.7% of total sales. - FY2022WorsenedAnnual report
「As of the consolidated fiscal year-end, 15.0% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
The proportion of trade receivables due from a specific major customer rose from 14.9% in the previous fiscal year to 15.0%. - FY2021WorsenedAnnual report
「As of the consolidated fiscal year-end, 14.9% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
The proportion of trade receivables due from a specific major customer rose from 12.1% in the previous fiscal year to 14.9%. - FY2019Lower trade receivables ratio and higher sales ratioAnnual report
「As of the consolidated fiscal year-end, 12.1% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
The proportion of trade receivables due from a specific major customer declined from 15.0% to 12.1%. Meanwhile, sales to Mitsubishi Electric Corporation accounted for 21.5% of total sales, up from 19.9% in the previous year. - FY2018WorsenedAnnual report
「As of the consolidated fiscal year-end, 15.0% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
The proportion of trade receivables due from a specific major customer rose to 15.0% from 11.3% in the previous fiscal year. - FY2017WorsenedAnnual report
「As of the consolidated fiscal year-end, 11.3% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
The proportion of trade receivables due from a specific major customer rose to 11.3%, up 0.2 percentage points from 11.1% in the previous fiscal year. - FY2016First statedAnnual report
「As of the consolidated fiscal year-end, 11.1% of trade receivables were due from a specific major customer, defined as a counterparty accounting for at least 10% of total sales.」
Discloses that trade receivables due from a specific major customer accounted for 11.1%.