Customer credit risk on trade receivables
First written in FY2017. 4 of 7 entries say "Worsened", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2026: 23 of 72 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Of notes and accounts receivable, contract assets and electronically recorded monetary claims receivable as of the consolidated fiscal year-end, 46.4% relates to one specific major customer.」
The proportion of trade receivables from one specific major customer increased from 45.4% in the previous fiscal year to 46.4%, increasing the concentration of credit risk. - 2026-06-03WorsenedGeneral Meeting of Shareholders
「なお、連結決算日における受取手形、売掛金及び契約資産並びに電子記録債権のうち46.4％が大口顧客１社に対するものです。」
大口顧客１社向け営業債権の割合が、FY2025の45.4％から46.4％へ上昇している。 - FY2025WorsenedAnnual report
「Of notes and accounts receivable, contract assets and electronically recorded monetary claims receivable as of the consolidated fiscal year-end, 45.4% relates to one specific major customer.」
The proportion of trade receivables from one major customer increased from 37.7% in the previous fiscal year to 45.4%, increasing the concentration of credit risk. - FY2024WorsenedAnnual report
「Of notes and accounts receivable, contract assets and electronically recorded monetary claims receivable as of the consolidated fiscal year-end, 37.7% relates to one major customer.」
The proportion of trade receivables from one major customer increased from 31.2% previously to 37.7%. Customer concentration in trade receivables has increased. - FY2023MitigatedAnnual report
「Of notes and accounts receivable, contract assets and electronically recorded monetary claims receivable as of the consolidated fiscal year-end, 31.2% relates to one major customer.」
The proportion of trade receivables from one major customer declined from the previously reported 45.9% to 31.2%. Customer credit risk remains, but concentration has declined. - FY2020RestatedAnnual report
「Of notes and accounts receivable at the consolidated financial year-end, 45.9% was attributable to 1 major customer.」
The company reiterates that trade receivables are exposed to customer credit risk and discloses that 45.9% relates to one major customer. - FY2017First statedAnnual report
「Notes and accounts receivable, which are trade receivables, are exposed to customer credit risk.」
The company explicitly identifies customer credit risk related to trade receivables as a financial instrument risk separate from sales concentration risk. It also states that trade receivables from one major customer account for 47.6%.