Credit risk and customer concentration
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
Nakayamafuku moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 10 of 66 companies on the "Worse" side.
49 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Don Quijote Co., Ltd. 4,618,211 Household goods wholesale business」
In the major customer information, sales to Don Quijote of ¥4,618 million are disclosed for the first time as accounting for 10% or more of consolidated sales of ¥43,052 million, quantifying customer concentration. - FY2025ReframedAnnual report
「Our group manages risk through risk management measures for business partners. However, if deterioration in a customer’s business performance or other factors makes it impossible to collect receivables, or if deterioration in a supplier’s business performance, closure or other factors disrupt the supply of products, the group’s operating results and financial condition could be adversely affected.」
The company organizes customer credit and receivables collection risk and supplier supply risk together as risks relating to business partners. - FY2020RestatedAnnual report
「Through risk management, our group seeks to reduce concentration of transactions with certain customers as far as possible and records allowance for doubtful accounts based on specified criteria in preparation for bad debts and other events. However, deterioration in the creditworthiness of a particular customer or its insolvency could adversely affect the group’s operating results and financial condition.」
The company continues to address the risks of deteriorating customer creditworthiness, customer insolvency and transaction concentration by reducing concentration and recording allowance for doubtful accounts. - FY2019RestatedAnnual report
「Although we seek to reduce concentration of transactions with certain customers as far as possible and record allowance for doubtful accounts based on specified criteria in preparation for bad debts and other events, deterioration in the creditworthiness of a particular customer or its insolvency could adversely affect the group’s operating results and financial condition.」
The company continues to address the risks of deteriorating customer creditworthiness, customer insolvency and transaction concentration by reducing concentration and recording allowance for doubtful accounts. - FY2018RestatedAnnual report
「Through risk management, our group seeks to reduce concentration of transactions with certain customers as far as possible and records allowance for doubtful accounts based on specified criteria in preparation for bad debts and other events. However, deterioration in the creditworthiness of a particular customer or its insolvency could adversely affect the group’s operating results and financial condition.」
The company continues to disclose customer credit risk and transaction concentration risk, as well as measures to address them through reducing concentration and recording allowance for doubtful accounts. - FY2016First statedAnnual report
「Our group faces the risk that customers may fail to pay amounts owed to us. Although we are taking steps to reduce concentration of transactions with certain customers as far as possible and recording allowance for doubtful accounts based on specified criteria in preparation for bad debts and other events,」
The report states that deterioration in customers’ creditworthiness or their insolvency could adversely affect the group’s operating results and financial condition.