Risk of Dependence on Major Customers
First written in FY2016. 20 of 29 entries say "Restated". Latest entry: FY2026.
Cross Cat moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 29 of 92 companies on the "Worse" side.
32 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Fujitsu Limited: ¥3,060.466 million, 18.9%; ¥3,412.700 million, 19.7%; NTT DATA Corporation: ¥2,067.332 million, 12.8%; ¥2,484.998 million, 14.4%; National Tax Agency: ¥1,938.076 million, 12.0%; ¥1,084.004 million, 6.3%」
Fujitsu's sales share increased from 18.9% to 19.7%, and NTT DATA's from 12.8% to 14.4%. Meanwhile, the National Tax Agency's share declined from 12.0% to 6.3%, and concentration among major customers increased among the top 2 companies. - FY2025WorsenedAnnual report
「Fujitsu Limited: ¥2,933.741 million, 19.6%; ¥3,060.466 million, 18.9%; NTT DATA Corporation: ¥1,980.851 million, 13.3%; ¥2,067.332 million, 12.8%; National Tax Agency: ¥1,067.917 million, 7.2%; ¥1,938.076 million, 12.0%」
The National Tax Agency's sales share reached 12.0%, making it a new major customer accounting for more than 10%. Together with Fujitsu at 18.9% and NTT DATA at 12.8%, concentration among the top 3 customers continued. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that none of the existing major risks, including dependence on major customers, has occurred or undergone a material change. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that none of the existing major risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2023WorsenedAnnual report
「Fujitsu Limited: ¥2,601.470 million, 18.8%; NTT DATA Corporation: ¥1,881.336 million, 13.6%; National Tax Agency: ¥1,490.738 million, 10.8%」
The sales shares of major customers were Fujitsu 18.8%, NTT DATA 13.6% and the National Tax Agency 10.8%. The National Tax Agency became a new major customer accounting for more than 10%, and the combined share of the top 3 customers also increased from 42.3% in the previous year to 43.2%. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that none of the existing major risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that none of the existing major risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2022WorsenedAnnual report
「Fujitsu Limited: ¥2,541.276 million, 21.0%; NTT DATA Corporation: ¥1,737.573 million, 14.3%」
Fujitsu's sales share increased from 12.8% in the previous fiscal year to 21.0%, while NTT DATA's increased from 13.4% to 14.3%, resulting in greater concentration among major customers. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that none of the existing major risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that none of the existing business and other risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2021MitigatedAnnual report
「NTT DATA Corporation: ¥1,287.651 million, 13.4%; Fujitsu Limited: ¥1,236.253 million, 12.8%」
The sales shares of the 2 major customers were NTT DATA 13.4% and Fujitsu 12.8%, both down from 14.1% and 15.6%, respectively, in the previous fiscal year. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that none of the existing business and other risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no occurrences or material changes regarding the risk of dependence on major customers. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that none of the existing business and other risks, including the risk of dependence on major customers, has occurred or undergone a material change. - FY2020Changes in the composition of major customersAnnual report
「Fujitsu Limited: ¥1,511.851 million, 15.6%; NTT DATA Corporation: ¥1,364.340 million, 14.1%; IBM Japan, Ltd.: ¥818.541 million, 8.5%」
The sales shares of major customers were Fujitsu 15.6%, NTT DATA 14.1% and IBM Japan 8.5%. Compared with the previous fiscal year, the shares of Fujitsu and IBM Japan declined, while NTT DATA's share increased. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2019WorsenedAnnual report
「Fujitsu Limited: ¥1,743.609 million, 17.8%; NTT DATA Corporation: ¥1,297.271 million, 13.3%; IBM Japan, Ltd.: ¥1,008.077 million, 10.3%」
The sales shares of the 3 major customers were Fujitsu 17.8%, NTT DATA 13.3% and IBM Japan 10.3%, with sales concentration among major customers exceeding 10% for multiple companies. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2018WorsenedAnnual report
「Fujitsu Limited: Previous fiscal year ¥1,244.558 million, 12.3%; Current fiscal year ¥1,609.578 million, 16.6%」
Fujitsu's share of sales, as a major customer, increased from 12.3% to 16.6%, indicating greater sales concentration among major customers. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2017RestatedAnnual report
「If the ordering policies of the Group's major customers, which are major manufacturers and systems integrators, change significantly, this could affect the Group's operating results.」
It reiterates the risk of dependence on major customers affiliated with major manufacturers and systems integrators. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of dependence on major customers. - FY2016First statedAnnual report
「If the ordering policies of the Group's major customers, which are major manufacturers and systems integrators, change significantly, this could affect the Group's operating results.」
It identifies changes in the ordering policies of major customers affiliated with major manufacturers and systems integrators as a risk.