Komori
Asmo (2654) · RiskWorsened

Dependence on Major Customers

First written in FY2016. 3 of 9 entries say "Worsened", first in FY2019. Latest entry: 2026-06-25.

9entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017WorsenedFY2019 – FY2020ReframedFY2021MitigatedFY2023 – FY20242016: 120162017: 120172018: 020182019: 120192020: 120202021: 120212022: 020222023: 120232024: 120242025: 020252026: 22026
Same theme, other companies
Dependence on specific customersA theme 38 companies write about · 40 as a headwind · 0 as a tailwind

Asmo moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).

The whole theme swung hardest in 2025: 12 of 25 companies on the "Worse" side.

9 other companies' latest entry also says "Restated".

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 38 companies compared. The sentences above are computed from all 38.
Full recordFilings, disclosures and news, newest first
  1. 2026-06-25RestatedGovernance

    「If the outsourcing agreement with Best Life is terminated or not renewed, or is renewed on terms unfavorable to us, this could affect our business performance by, among other things, impairing stable sales.」

    The company identified the relationship with Best Life, an important customer, and the termination or renewal terms of the outsourcing agreement as potential business risks.
  2. FY2026WorsenedAnnual report

    「Total 6,823,631 33.2 7,349,553 34.6」

    Sales to the 6 Best Life Group companies totaled ¥7,349 million, accounting for 34.6% of consolidated net sales, with dependence rising from 33.2% in the previous year.
  3. FY2024MitigatedAnnual report

    「Total 6,479,783 31.6」

    Sales to the 6 Best Life Group companies totaled ¥6,479 million, accounting for 31.6% of consolidated net sales, with dependence declining from 31.9% in the previous year.
  4. FY2023MitigatedAnnual report

    「Total 6,299,241 31.9」

    Sales to the 6 Best Life Group companies totaled ¥6,299 million, accounting for 31.9% of consolidated net sales. Dependence declined from 32.8% in the previous year.
  5. FY2021ReframedAnnual report

    「株式会社ベストライフ transferred its nursing home operations and other businesses to the six subsidiaries listed above through a company split, specifically an absorption-type company split, with 1 September 2020 as the effective date. As a result, the sales destinations for the Asmo Food Service business changed to those six companies from the same date.」

    Following the business split at major customer Best Life, the sales destinations for the contract food service business changed to 6 companies. The presentation of sales destinations and the transaction structure changed from a single company name to multiple companies.
  6. FY2020WorsenedAnnual report

    「株式会社ベストライフ 6,105,462 30.8」

    Sales to Best Life totaled ¥6,105 million, accounting for 30.8% of consolidated net sales, up from 29.9% in the previous year. Dependence on major customers has increased further.
  7. FY2019WorsenedAnnual report

    「株式会社ベストライフ 5,853,110 29.9」

    Sales to Best Life totaled ¥5,853 million, accounting for 29.9% of consolidated net sales, up from 28.5% in the previous year. Dependence on major customers has increased on a sales basis.
  8. FY2017RestatedAnnual report

    「株式会社ベストライフ」

    Sales to Best Life totaled ¥5,358 million, accounting for 29.3% of consolidated net sales, the same percentage as in the previous year.
  9. FY2016First statedAnnual report

    「株式会社ベストライフ 5,326,821 29.3」

    Sales to Best Life totaled ¥5,326 million, accounting for 29.3% of consolidated net sales, according to the disclosure.
Moved together

"Continuing unprofitable stores and the emergence of impairment risk" moved the same way as this thread, in the same document, in 4 of its 9 moves.

442222★123456
  1. ★This thread
  2. 1Continuing unprofitable stores and the emergence of impairment risk4×
  3. 2Dependence on major suppliers4×
  4. 3Expanding Contracted Facilities and Differentiating through Food-Service Expertise2×
  5. 4Rebuilding the Meat Business through High-Quality Products, Processed Foods and New Sales Channels2×
  6. 5Expanding Care Facilities and Fee-Based Nursing Homes2×
  7. 6Strengthening the earnings power of each business and securing stable earnings2×

★ 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 Asmo yet. It last moved in the Governance of 2026-06-25: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.