Concentration of Trade Receivables with a Specific Major Customer
First written in FY2016. 29 of 33 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2017: 13 of 74 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period under review, there were no significant changes in the matters described in this interim report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2025RestatedAnnual report
「No customer accounted for 10% or more of revenue from external customers, so no disclosure is provided.」
The company continues to disclose that no customer accounted for 10% or more of sales in relation to sales concentration among major customers. It does not explicitly state that the risk from the concentration of trade receivables has been eliminated. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period under review, there were no significant changes in the matters described in this interim report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2024No disclosure of a major customer accounting for 10% or more of salesAnnual report
「No customer accounted for 10% or more of revenue from external customers, so no disclosure is provided.」
Regarding the major customer information for Phoenix Co., Ltd. disclosed in the previous fiscal year, the company states that there was no customer accounting for 10% or more of sales in the current fiscal year. It does not explicitly state that the risk from the concentration of trade receivables has been eliminated. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2024-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2023RestatedAnnual report
「As of the consolidated fiscal year-end, most trade receivables were attributable to a specific major customer.」
The company continues to report that most trade receivables are concentrated with a specific major customer. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2022Sales concentration with the major customer declinedAnnual report
「Phoenix Co., Ltd. 966,201 33.9 612,912 19.5」
Sales to Phoenix Co., Ltd. declined from 33.9% to 19.5% of total sales. Meanwhile, the concentration of 99% of trade receivables with a specific major customer continued. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2022-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2021Trade receivables concentration ratio changed to 99%Annual report
「As of the consolidated fiscal year-end, 99% of trade receivables were attributable to a specific major customer.」
The concentration of trade receivables with a specific major customer continued, with the concentration ratio changing from 99.7% in the previous fiscal year to 99%. Sales to that customer during the fiscal year were ¥966.201 million, representing 33.9% of total sales. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2021-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2020RestatedAnnual report
「As of the consolidated fiscal year-end, 99.7% of trade receivables were attributable to a specific major customer.」
The company reiterates the credit risk arising from 99.7% of trade receivables being concentrated with a specific major customer. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2020-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2019RestatedAnnual report
「As of the consolidated fiscal year-end, 99.9% of trade receivables were attributable to a specific major customer.」
The company reiterates the credit risk arising from 99.9% of trade receivables being concentrated with a specific major customer. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2019-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks described in the previous fiscal year, including the concentration of trade receivables with a specific major customer. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks described in the previous fiscal year, including the concentration of trade receivables with a specific major customer. - FY2018-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its business and other risks, including the concentration of trade receivables with a specific major customer. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks described in the previous fiscal year, including the concentration of trade receivables with a specific major customer. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks described in the previous fiscal year, including the concentration of trade receivables with a specific major customer. - FY2017-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks described in the previous fiscal year, including the concentration of trade receivables with a specific major customer. - FY2016First statedAnnual report
「As of the consolidated fiscal year-end, 99.9% of trade receivables were attributable to a specific major customer.」
Credit risk exposure arising from the concentration of most trade receivables with a specific customer.