Dependence on Major Customers
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 21 of 64 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Sales to フードリンク株式会社 and 株式会社ニチレイフーズ in particular account for approximately 40% of total sales, so the business strategies of these two companies could affect our results.」
The explanation stating that sales dependence on 2 major customers is approximately 40% continues. In the fiscal year, sales accounted for 20.2% for フードリンク and 17.8% for ニチレイフーズ. - FY2023SoftenedAnnual report
「Sales to フードリンク株式会社 and 株式会社ニチレイフレッシュ in particular account for approximately 40% of total sales, so the business strategies of these two companies could affect our results.」
The stated dependence on sales to 2 major customers has declined from approximately 50% to approximately 40%. - FY2021RestatedAnnual report
「Sales to フードリンク株式会社 and 株式会社ニチレイフレッシュ in particular account for approximately 50% of total sales, so the business strategies of these two companies could affect our results.」
The risk of dependence on sales to 2 major customers continues. In actual results, フードリンク accounted for 25.8% of sales and ニチレイフレッシュ for 20.1%, for a combined 45.9%. - FY2019RestatedAnnual report
「Sales to フードリンク株式会社 and 株式会社ニチレイフレッシュ in particular account for approximately 50% of total sales, so the business strategies of these two companies could affect our results.」
The customer-concentration risk arising from sales to 2 major customers accounting for approximately 50% of total sales continues to be disclosed in the full-year risk discussion. - FY2018First statedAnnual report
「Sales to フードリンク株式会社 and 株式会社ニチレイフレッシュ in particular account for approximately 50% of total sales, so the business strategies of these two companies could affect our results.」
The customer-concentration risk arising from sales to 2 major customers accounting for approximately 50% of total sales is described together with the specific percentage.