Dependence on Sales to and Trade Receivables from Specific Customers
First written in FY2016. 3 of 6 entries say "Reframed", first in FY2019. Latest entry: FY2023.
Asahi Kagaku Kogyo moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).
The whole theme swung hardest in 2017: 10 of 65 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2023ReframedAnnual report
「In the fiscal year ended August 2023, sales of power tool components and automotive components accounted for 87.5% of total sales. Trends at this specific customer have a significant impact on the performance of the group.」
Dependence on sales of power tool and automotive components was updated to 87.5%, down from 90.6% reported for the previous fiscal year, while the company continued to explain that trends at the specific customer have a significant impact on performance. - FY2021WorsenedAnnual report
「In the fiscal year ended August 2021, sales to the specific customer accounted for 87.9% of total sales. Sales of power tool components and automotive components accounted for 90.6% of total sales.」
Dependence on sales to the specific customer increased from 85.4% in the previous fiscal year to 87.9%. Meanwhile, dependence on the power tool and automotive component industries declined from 91.6% to 90.6%. - FY2020ReframedAnnual report
「In the fiscal year ended August 2020, sales to the specific customer accounted for 85.4% of total sales. Sales of power tool components and automotive components accounted for 91.6% of total sales.」
Dependence on sales to the specific customer declined slightly from 85.8% in the previous fiscal year to 85.4%, while dependence on the power tool and automotive component industries increased from 91.4% to 91.6%. - FY2019ReframedAnnual report
「In the fiscal year ended August 2019, sales to the specific customer accounted for 85.8% of total sales. Sales of power tool components and automotive components accounted for 91.4% of total sales.」
Dependence on sales to the specific customer declined slightly to 85.8% from the previously reported 86.8%, while dependence on the power tool and automotive component industries increased to 91.4%, organizing the explanation of dependence around both customers and industries. - FY2017WorsenedAnnual report
「In the fiscal year ended August 2017, sales to the specific customer accounted for 86.8% of total sales. Sales of power tool components and automotive components accounted for 88.5% of total sales.」
Dependence on sales to the specific customer was quantified at 86.8%, while dependence on component sales to specific industries was 88.5%; the company also stated that specific major customers accounted for 72.7% of trade receivables. - FY2016First statedAnnual report
「As of the consolidated balance-sheet date for the fiscal year, 64.0% of trade receivables were from specific major customers.」
The company identifies the risk of dependence on sales to specific customers and quantifies the proportion of trade receivables attributable to specific major customers at 64.0%.