Sales concentration among financial institutions and deterioration in their operating environment
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2019.
Alsok moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Softened".
- FY2019SoftenedAnnual report
「Sales to financial institutions and other entities account for approximately 20% of the Group's revenue, and changes in the economic environment surrounding these institutions and other entities could materially affect the Group's performance through substantial price reductions or the cancellation of contracts for existing sites resulting from store closures and consolidations.」
The description of sales to financial institutions changed from “more than 20%” to “approximately 20%,” moderating the stated degree of dependence. At the same time, the Group continues to expand its customer base by acquiring new customers. - FY2018RestatedAnnual report
「Sales to financial institutions account for more than 20% of the Group's revenue, and changes in the economic environment surrounding these institutions could materially affect the Group's performance through substantial price reductions or the cancellation of contracts for existing sites resulting from store closures and consolidations.」
The Group continues to disclose the risk of dependence on financial institutions, which account for more than 20% of sales, and measures to diversify its customer base through sales to other industries and the acquisition of new customers. - FY2017First statedAnnual report
「Sales to financial institutions account for more than 20% of the Group's revenue, and changes in the economic environment surrounding these institutions could materially affect the Group's performance through substantial price reductions or the cancellation of contracts for existing sites resulting from store closures and consolidations.」
The Group identifies its dependence on financial institutions, which account for more than 20% of sales, as a risk, and cites the possibility of contract cancellations due to price reductions and store closures and consolidations.