XML 117 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONCENTRATIONS OF CREDIT RISK AND MAJOR CUSTOMERS (TABLES)
 12 Months Ended
Mar. 31, 2014
Concentration Of Credit Risk and Major Customers [Abstract]  
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
 
Accounts receivable from the three customers with the largest receivable balances as of March 31, 2013 and 2014 are as follows:
 
 
 
Percentage of
 
 
accounts receivable
 
 
2013
 
2014
 
 
 
%
 
%
 
 
 
 
 
 
 
Customer A
 
36.6
 
31.8
 
Customer B
 
12.4
 
11.6
 
Customer C
 
13.2
 
N/A
 
Customer D
 
N/A
 
10.7
 
 
 
 
 
 
 
Three largest receivable balances
 
62.2
 
54.1
 
Movements Of Allowances For Doubtful Account [Table Text Block]
 
Details of the movements of the allowances for doubtful account are as follows:
 
 
 
Year ended March 31,
 
 
 
2012
 
2013
 
2014
 
 
 
$
 
$
 
$
 
 
 
 
 
 
 
 
 
At beginning of year
 
-
 
-
 
6
 
Allowance for the year
 
-
 
6
 
-
 
 
 
 
 
 
 
 
 
At end of year
 
-
 
6
 
6
 
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
  
 
A substantial percentage of the Group's sales are made to three customers and are typically on an open account basis. Customers accounting for 10% or more of total net sales in any of the years ended March 31, 2012, 2013 and 2014 are as follows:
 
 
 
Year ended March 31,
 
 
 
2012
 
2013
 
2014
 
 
 
%
 
%
 
%
 
 
 
 
 
 
 
 
 
Customer A (note a)
 
25.1
 
33.0
 
36.9
 
Customer B (note a)
 
N/A
 
12.0
 
N/A
 
Customer C (note b)
 
16.4
 
N/A
 
N/A
 
Customer D (note c)
 
N/A
 
11.7
 
N/A
 
Customer E (note b)
 
11.3
 
N/A
 
N/A
 
 
 
Notes:
 
 
(a)
Sales to this customer were reported in both of the Metal Stamping and Mechanical OEM and Electric OEM operating segments.
 
 
(b)
Sales to this customer were reported in the Electric OEM operating segment.
 
 
(c)
Sales to this customer were reported in the Metal Stamping and Mechanical OEM operating segment.