Komori
Medinet (2370) · RiskMitigated

Revenue Dependence on a Specific Medical Corporation

First written in FY2017. 4 of 5 entries say "Mitigated", first in FY2019. Latest entry: FY2025.

5entries
9years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017MitigatedFY2019 – FY20252017: 12018: 020182019: 120192020: 020202021: 020212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Dependence on Sales to Medical CorporationsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025MitigatedAnnual report

    「Of net sales of ¥810.291 million for the fiscal year ended September 2025, sales to the medical corporation 医療法人社団滉志会 amounted to ¥446.859 million, or 55.1% of net sales, indicating that the Group is currently highly dependent on this medical corporation.」

    Dependence on sales to 医療法人社団滉志会 declined from 59.8% in the previous fiscal year to 55.1%, but the disclosure states that dependence remains high.
  2. FY2023MitigatedAnnual report

    「Of net sales of ¥661.543 million for the fiscal year ended September 2023, sales to the medical corporation 医療法人社団滉志会 amounted to ¥398.845 million, or 60.3% of net sales, indicating that the Group is currently highly dependent on this medical corporation.」

    Dependence on sales to 医療法人社団滉志会 declined slightly from 60.5% in the previous fiscal year to 60.3%, but the disclosure states that dependence remains high.
  3. FY2022MitigatedAnnual report

    「Of net sales of ¥633.672 million for the fiscal year ended September 2022, sales to Medical Corporation Koshikai were ¥383.259 million, representing 60.5% of net sales, indicating that the Company currently has a high level of dependence on that medical corporation.」

    Dependence on sales to the specific medical corporation declined from 93.6% to 69.4% and then to 60.5%. The disclosure continues to state that dependence remains high.
  4. FY2019MitigatedAnnual report

    「Of net sales of ¥1,059.021 million for the fiscal year ended September 2019, sales to the medical corporation 医療法人社団滉志会 amounted to ¥735.206 million, or 69.4% of net sales, indicating that the Group is currently highly dependent on this medical corporation.」

    Dependence on sales to 医療法人社団滉志会 declined from 93.6% in the previous disclosure to 69.4%, but remains high.
  5. FY2017First statedAnnual report

    「Of consolidated revenue of ¥1,704,004 thousand in the fiscal year ended September 2017, total revenue from the four medical institutions operated by Medical Corporation Kou志会 was ¥1,594,107 thousand, representing 93.6% of consolidated revenue. The Company therefore remains highly dependent on this medical corporation.」

    The Company disclosed customer concentration risk, with 93.6% of consolidated revenue dependent on four medical institutions operated by one medical corporation.
Moved together

"Commercialization of the Contract Cell-Processing Business" moved the same way as this thread, in the same document, in 3 of its 5 moves.

333333★123456
  1. ★This thread
  2. 1Commercialization of the Contract Cell-Processing Business3×
  3. 2Financing Through Third-Party Allotments, Convertible Bonds and Stock Acquisition Rights3×
  4. 3Revenue Growth Including Income from New Businesses3×
  5. 4Know-How Based on More Than 170,000 Cell-Processing Cases3×
  6. 5Developing New Business Partners and Strengthening Sales Activities3×
  7. 6Joint Research with Koushikai on Preventive Medicine and Immune Parameters3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Medinet yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.