Dependence on major customers, including the Canon Group
First written in FY2017. 5 of 12 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
Sobal moved to the "Worse" side of this theme in 2022.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「ソニー株式会社 1,332,256 14.8／Fujitsu Limited 988,828 11.0」
Sony's share of sales fell from 15.5% in the previous fiscal year to 14.8%, while Fujitsu's fell from 13.5% to 11.0%, reducing sales concentration among certain major customers. - FY2025WorsenedAnnual report
「ソニー株式会社 1,342,005 15.5／Fujitsu Limited 1,168,602 13.5」
Sony's share of sales rose from 15.3% to 15.5%, while Fujitsu's rose from 12.5% to 13.5%, further increasing sales concentration among certain major customers. - FY2024WorsenedAnnual report
「Sony Corporation 1,246,539 15.3 / Fujitsu Limited 1,023,891 12.5」
Sony’s share of revenue increased from 14.7% to 15.3%, while Fujitsu’s increased from 11.4% to 12.5%, further increasing concentration in major customers. - FY2023WorsenedAnnual report
「Sony Corporation 1,196,822 14.7 / Fujitsu Limited 927,210 11.4」
In addition to Sony Corporation accounting for 12.1% of revenue in the prior fiscal year, Sony Corporation accounted for 14.7% and Fujitsu Limited for 11.4% in the current fiscal year, making concentration in specific customers subject to disclosure for multiple companies. - FY2022WorsenedAnnual report
「Sony Corporation 984,522 12.1」
In the prior fiscal year, disclosure was omitted because revenue from specific customers was below 10%. In the current fiscal year, revenue from Sony Corporation was ¥984 million, or 12.1% of consolidated revenue, making concentration in a specific customer subject to disclosure again. - FY2021MitigatedAnnual report
「During the fiscal year, the Canon Group, a major customer, substantially reduced its operations, and the company worked to acquire new customers to compensate. / Disclosure has been omitted because revenue from each specific customer was less than 10% of revenue in the consolidated income statement.」
Although the Canon Group substantially reduced its operations, revenue from each specific customer was below 10% in the fiscal year, meaning the previous concentration on major customers fell below the disclosure threshold. - FY2021-Q3RestatedAnnual report
「To offset operating reductions by major customers in the temporary staffing business, the company pursued sales to other existing customers and developed new customers. Some existing customers appear to have increased their budgets following the tightening of spending during the state of emergency, and orders for both temporary staffing and contract work remained solid. However, this did not fully offset the decline in revenue.」
Operating reductions by major customers continued to weigh on revenue. The company pursued sales to existing customers and developed new customers to compensate, but did not fully offset the decline. - FY2021-Q2MaterialisedAnnual report
「However, although many customers continued operations in the temporary staffing business, including by adopting telework, some major customers reduced their operations following temporary closures. The company is responding by pursuing sales to other companies and assigning personnel to contract work, but this became a major factor behind the decline in revenue.」
The company states that temporary closures and operating reductions by major customers were a major factor behind the decline in temporary staffing revenue, meaning that the business conditions of major customers materially affected performance. - FY2020MitigatedAnnual report
「Revenue from the Canon Group accounted for 31.6% of the group’s revenue in the fiscal year. The company recognizes that reducing its dependence on the Canon Group is an important management challenge for maintaining stable operations going forward, including from the standpoint of ensuring sound management.」
The proportion of revenue from the Canon Group declined from 39.0% in the prior fiscal year to 31.6%. However, the company continues to regard reducing its dependence as an important challenge. - FY2019MitigatedAnnual report
「Revenue from the Canon Group accounted for 39.0% of the group’s revenue in the fiscal year. The company recognizes that reducing its dependence on the Canon Group is an important management challenge for maintaining stable operations going forward, including from the standpoint of ensuring sound management.」
The proportion of revenue from the Canon Group declined from 45.8% in the prior fiscal year to 39.0%. However, the company continues to regard reducing its dependence as an important challenge. - FY2018MitigatedAnnual report
「Revenue from the Canon Group accounted for 45.8% of the group’s revenue in the fiscal year. The company recognizes that reducing its dependence on the Canon Group is an important management challenge for maintaining stable operations going forward, including from the standpoint of ensuring sound management.」
The proportion of revenue from the Canon Group declined from 52.2% previously to 45.8%. However, dependence remains high, and the company continues to regard reducing it as an important challenge. - FY2017First statedAnnual report
「Revenue from the Canon Group accounted for 52.2% of Group revenue in the fiscal year. We recognize that reducing our dependence on the Canon Group is an important management issue for ensuring stable operations going forward.」
The company reports that revenue from the Canon Group accounted for 52.2% and revenue from the Canon and Sony groups combined accounted for 64.9%, identifying dependence on major customers and the potential impact of changes in their business strategies as risks.