Sales Dependence on the NTT Group
First written in FY2016. 9 of 21 entries say "Restated". Latest entry: FY2026.
COMSYS Holdings moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The principal business of our Group is the telecommunications carrier business, with the NTT Group and various NCC operators as its main customers. Because transactions with telecommunications carriers account for a high proportion of business and this trend is expected to continue for the foreseeable future, trends in capital investment and technological innovation by telecommunications carriers, including the NTT Group, pose a risk of affecting our Group’s performance.」
The previous numerical disclosure of “dependence of approximately 40%” has been removed and replaced with wording stating that the transaction ratio is high. Meanwhile, expansion of the IT solutions and social systems businesses continues as a response. - FY2024-Q2MaterialisedAnnual report
「Amid declining capital investment by telecommunications carriers, ＮＤＳ Group worked to expand orders and net sales in its IT solutions and social systems-related businesses, while improving productivity through ongoing cost reductions and operational efficiency initiatives. Orders received rose 8.8% year on year to ¥43,610 million, net sales rose 2.3% to ¥36,971 million, and operating income rose 51.1% to ¥2,104 million.」
While telecommunications carriers’ capital investment continued to decline, ＮＤＳ Group increased orders received, net sales and operating income through expansion of its IT solutions and social systems businesses, among other measures. - FY2023MitigatedAnnual report
「The principal business of the コムシス Group is telecommunications equipment construction, with companies in the NTT Group as its main customers. Because its dependence on them is approximately 40%, trends in the scale and structure of capital investment by NTT Group companies pose a risk of affecting the Group’s performance. Against this backdrop, the Group is working to enter new business areas and expand its growth businesses, including IT solutions and social systems-related businesses.」
The disclosed dependence on the NTT Group has declined from approximately 50% to approximately 40%, while expansion of the IT solutions and social systems businesses continues as a response. - FY2023-Q3MaterialisedAnnual report
「Orders totaled ¥176,624 million, down 5.2% year on year, net sales totaled ¥155,980 million, down 15.7%, and operating profit totaled ¥3,524 million, down 71.3%. Factors included the reversal of the benefit from large-scale solar power generation equipment construction, lower capital investment by communications operators, delays in construction progress caused by delays in deliveries of construction materials due to semiconductor shortages, and lower profitability resulting from higher raw material prices.」
The decline in telecommunications carriers’ capital investment continues to emerge as declines in 日本コムシス Group’s orders received, net sales and operating income. - FY2023-Q1MaterialisedAnnual report
「日本コムシス Group reported orders received of ¥58,127 million, down 6.3% year on year, net sales of ¥45,530 million, down 21.1%, and operating income of ¥307 million, down 92.9%, due to declines in public-sector projects in its social systems-related business, lower capital investment by telecommunications carriers, and extended construction periods caused by semiconductor shortages.」
The decline in telecommunications carriers’ capital investment has emerged in the current quarter as declines in 日本コムシス Group’s orders received, net sales and operating income. - FY2021MitigatedAnnual report
「NTT Group 242,182 43.0」
Net sales to the NTT Group accounted for 43.0% of consolidated net sales, down from 44.7% in the previous period. The risk disclosure still indicates dependence of approximately 50%. - FY2021-Q3MaterialisedAnnual report
「Orders received fell 11.4% year on year to ¥210,818 million due to a decline in orders in NTT-related businesses and a post-peak decline following orders for large-scale solar power generation equipment construction in the previous period. Net sales fell 2.7% to ¥180,205 million, affected by the decline in NTT-related orders and delays in completing IT solutions projects, among other factors.」
The risk associated with dependence on NTT-related businesses has emerged in the cumulative third-quarter results as a decline in orders in NTT-related businesses and declines in 日本コムシス Group’s orders received and net sales. - FY2021-Q2MaterialisedAnnual report
「Orders totaled ¥135,584 million, down 22.9% year on year, due to lower orders for NTT-related businesses and the reversal of the benefit from orders for large-scale solar power generation equipment construction in the previous fiscal year. Net sales totaled ¥114,460 million, down 4.9%, due to delays in completing work in the NTT equipment and IT solutions businesses, among other factors.」
The decline in orders in NTT-related businesses has emerged as a 22.9% decrease in orders received by 日本コムシス Group. - FY2021-Q1MaterialisedAnnual report
「日本コムシス Group reported orders received of ¥63,532 million, down 9.9% year on year, due to a decline in orders in NTT-related businesses.」
The risk associated with dependence on NTT-related businesses has emerged in 日本コムシス Group’s performance for the quarter as a decline in orders in those businesses. - FY2019MitigatedAnnual report
「Because the principal businesses of the コムシス Group depend on NTT Group companies for approximately 50% of their business, the Group recognizes that a decline in capital investment by NTT Group companies would have a material impact on its operating performance. Against this backdrop, the Group is working to enter new business areas and expand its growth businesses, including IT solutions and social systems-related businesses.」
While dependence is still recognized as approximately 50%, the ratio of net sales to the NTT Group declined from 48.9% in the previous period to 47.1%, and expansion of non-carrier businesses is being pursued as a response. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that the risk associated with dependence of net sales on the NTT Group has undergone no material change. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the second quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that the risk associated with dependence of net sales on the NTT Group has undergone no material change. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the first quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that the risk associated with dependence of net sales on the NTT Group has undergone no material change. - FY2018MitigatedAnnual report
「The principal business of the コムシス Group is telecommunications equipment construction, with companies in the NTT Group as its main customers. Because its dependence on them is approximately 50%, trends in the scale and structure of capital investment by NTT Group companies pose a risk of affecting the Group’s performance.」
While dependence is still recognized as approximately 50%, sales to the NTT Group accounted for 48.9% of net sales in the current period, compared with 55.2% in the previous period, and the Group is also working to expand its IT solutions and social systems-related businesses. - FY2018-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The risk associated with dependence of net sales on the NTT Group is treated as having undergone no material change. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the second quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that the risk associated with dependence of net sales on the NTT Group has undergone no material change. - FY2018-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the first quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that the risk associated with dependence of net sales on the NTT Group has undergone no material change. - FY2017-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that the risk associated with dependence of net sales on the NTT Group has undergone no material change. - FY2017-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the second quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The risk associated with dependence of net sales on the NTT Group is treated as having undergone no material change. - FY2017-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the first quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The risk associated with dependence of net sales on the NTT Group is treated as having undergone no material change. - FY2016First statedAnnual report
「The business is engaged in telecommunications equipment construction, with companies in the NTT Group as its main customers. Because its dependence on them exceeds 50%, trends in the scale and structure of capital investment by NTT Group companies pose a risk of affecting the performance of the コムシス Group.」
The dependence ratio is quantified as exceeding 50%, and changes in the scale and structure of capital investment are identified as performance risks.