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Soiken Holdings (2385) · FactMitigated

Concentration of Sales to a Major Customer (トレンドリンクス)

First written in FY2019. 3 of 6 entries say "Mitigated", first in FY2023. Latest entry: FY2026.

6entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019WorsenedFY2020MitigatedFY2023 – FY2024ReframedFY20252019: 12020: 120202021: 020212022: 020222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Dependence on Specific Customers for RevenueA theme 92 companies write about · 92 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 22 of 69 companies on the "Worse" side.

21 other companies' 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.
Showing 14 of the 92 companies compared. The sentences above are computed from all 92.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「高浪控股股份有限公司 657,125 17.0」

    Sales to 高浪控股 decreased from ¥1,072 million, or 22.1%, to ¥657 million, or 17.0%, and sales concentration among major customers eased somewhat.
  2. FY2025Major customer changed to 高浪控股Annual report

    「高浪控股股份有限公司 1,072,673 22.1」

    There were no sales to the former major customer, 株式会社トレンドリンクス, and sales to 高浪控股股份有限公司 amounted to ¥1,072 million, accounting for 22.1% of total sales and making it a major customer. The composition of the customer concentration changed.
  3. FY2024MitigatedAnnual report

    「株式会社トレンドリンクス 672,503 13.0」

    Sales to 株式会社トレンドリンクス amounted to ¥672 million, accounting for 13.0% of total sales, a substantial decrease in both amount and percentage from ¥3,550 million and 43.9% in the previous fiscal year. Sales concentration among major customers has eased.
  4. FY2023MitigatedAnnual report

    「株式会社トレンドリンクス 3,550,666 43.9」

    Sales to 株式会社トレンドリンクス amounted to ¥3,550 million, accounting for 43.9% of total sales, down in both amount and percentage from ¥4,537 million and 48.5% in the previous fiscal year. Sales concentration among major customers has eased somewhat.
  5. FY2020WorsenedAnnual report

    「株式会社トレンドリンクス 4,393,330 47.2」

    Sales to 株式会社トレンドリンクス amounted to ¥4,393 million, accounting for 47.2% of total sales, up in both amount and percentage from ¥2,121 million and 28.0% in the previous fiscal year. Sales concentration among major customers has intensified.
  6. FY2019First statedAnnual report

    「株式会社トレンドリンクス 2,121,807 28.0」

    Sales to 株式会社トレンドリンクス amounted to ¥2,121 million, accounting for 28.0% of total sales. Both the amount and the percentage increased from ¥708 million and 13.0% in the previous fiscal year.
Moved together

"Working Capital, Credit, Inventory and Overseas Sales Risks in the Cosmetics Business" moved the same way as this thread, in the same document, in 3 of its 6 moves.

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  1. ★This thread
  2. 1Working Capital, Credit, Inventory and Overseas Sales Risks in the Cosmetics Business3×
  3. 2Transforming the Business Structure From Food Development Support to Proprietary Products and Evidence Support2×
  4. 3Risks Related to Expanding the Health Supplements Business and Obtaining Anti-Fatigue FOSHU Approval2×
  5. 4Developing Lactoferrin and New Materials Through NRLファーマ2×
  6. 5Economic Activity and Increased Uncertainty Caused by COVID-192×

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