Dependence on Distributors and Major Customers
First written in FY2016. 5 of 10 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 6 of 27 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Group conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 45% of consolidated sales.」
Sales to 緑屋電気 declined from 62.3% based on actual results in the previous fiscal year to 46.2%, reducing sales concentration among distributors. Trade receivables from 3 major customers accounted for 84%. - FY2025WorsenedAnnual report
「The Group conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 50% of consolidated sales. ... As of the consolidated fiscal year-end, 94% of trade receivables were from 3 major customers.」
Sales to 緑屋電気 accounted for 62.3% based on actual results, up from 51.2% in the previous fiscal year. Trade receivables from 3 major customers also rose to 94%, indicating greater customer and receivables concentration. - FY2024Disclosed that sales to customers accounted for 51.2% and trade receivables for 84%Annual report
「Sales to 緑屋電気株式会社 alone account for more than 50% of consolidated sales.」
Sales to 緑屋電気 accounted for 51.2% based on actual results, down from 54.6% in the previous fiscal year. The Company also disclosed that 84% of trade receivables were from 3 major customers, indicating that customer and receivables concentration continues. - FY2023MitigatedAnnual report
「Sales to 緑屋電気株式会社 alone account for more than 50% of consolidated sales.」
The proportion of sales to 緑屋電気 declined from more than 60% in the previous fiscal year to more than 50%, but concentration among major distributors remains. - FY2022WorsenedAnnual report
「The Group conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 60% of consolidated sales. As of the consolidated fiscal year-end, 91% of trade receivables were from 2 major customers.」
The Company disclosed that sales to 緑屋電気 exceeded 60% of consolidated sales and that 91% of trade receivables were from 2 major customers, making the concentration of sales and receivables more pronounced. - FY2020MitigatedAnnual report
「Sales to 緑屋電気株式会社 alone account for more than 56% of consolidated sales.」
The proportion of sales to 緑屋電気 declined further, from more than 65% in the previous fiscal year to more than 56%. However, concentration among major distributors remains. - FY2019MitigatedAnnual report
「The Company currently conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 65% of total sales.」
The proportion of sales to 緑屋電気 declined from more than 67% in the previous fiscal year to more than 65%, or 65.4% based on actual sales. Concentration remains high, but the proportion has declined. - FY2018MitigatedAnnual report
「The Company currently conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 67% of total sales.」
Although sales concentration in 緑屋電気 remains high, it declined from more than 80% in the previous fiscal year to more than 67% (67.6% based on actual sales). - FY2017WorsenedAnnual report
「The Company currently conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 80% of total sales.」
Sales to 緑屋電気 increased from more than 70% to more than 80% of total sales, indicating greater concentration among distributors. - FY2016First statedAnnual report
「The Company currently conducts most of its business through distributor trading companies, and sales to 緑屋電気株式会社 alone account for more than 70% of total sales.」
This indicates that sales are concentrated among major distributors. In the financial instruments business, 86% of trade receivables are stated to be from 2 major customers.