Nippon Sheet Glass Company Limited – Annual report – 31 March 2026
Industry: manufacturing
18. Trade and other receivables (extract)
There is no particular concentration of credit risk relating to Architectural, (excluding Solar), Automotive AGR, or Technical Glass balances, as these operations have a large number of customers. In the Architectural business, the Group has a concentration of its sales of glass for solar energy with one customer. These sales are covered by long-term contractual agreements between the Group and its customer. Total amounts owed by the Group’s main solar customer were ¥1,023 million (2025: ¥2,121 million). In the Automotive OE business the Group is supplying automotive manufacturers worldwide. The Automotive OE business customers constitute the majority of the major global car manufacturers. Due to the nature of the industry with a relatively small number of large customers, there is therefore a higher credit risk concentration. Total amounts owed by Automotive OE customers were ¥21,513 million (2025: ¥19,083 million). This risk is managed through the monitoring of aged receivables, analysis of the cost effectiveness of insuring receivables and through general credit collection procedures.
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