Komori
SHINTO Holdings (2776) · RiskMitigated

Concentration of sales among major customers in the trading business

First written in FY2019. 2 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2026.

8entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019WorsenedFY2020OtherFY2021 – FY2023WorsenedFY2024MitigatedFY2025 – FY20262019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Revenue Dependence on Specific Customers and Corporate GroupsA theme 318 companies write about · 332 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2022: 26 of 105 companies on the "Worse" side.

38 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 187 companies compared. The sentences above are computed from all 187.Comparing 200 of the theme's 336 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「隆盛貿易株式会社 2,972,816 10.64  恒逸JAPAN株式会社 1,040,662 3.72  マキウラ鋼業株式会社 1,535,024 5.49」

    The top 3 companies accounted for a combined 19.85% of consolidated sales, down from 32.90% for the top 3 companies in the previous fiscal year. Sales concentration among major customers eased.
  2. FY2025MitigatedAnnual report

    「隆盛貿易株式会社 1,379,877 11.22  恒逸JAPAN株式会社 1,336,821 10.87  マキウラ鋼業株式会社 1,329,519 10.81」

    The major customers in the trading business changed, and the top 3 customers accounted for a combined 32.90% of consolidated sales for the fiscal year. Sales concentration among major customers declined from 67.71% for the top 4 customers in the previous fiscal year.
  3. FY2024WorsenedAnnual report

    「マキウラ鋼業株式会社 1,621,634 25.77 日本興商株式会社 1,007,914 16.02 大阪興商株式会社 996,349 15.83 恒逸JAPAN株式会社 635,103 10.09」

    The major customers in the trading business changed, with the top 4 companies accounting for 67.71% of consolidated sales. 3 new domestic customers related to steel scrap appeared among the top customers.
  4. FY2023Changes in Major Customers and ConcentrationAnnual report

    「浙江巨東株式有限公司 ― ― 674,158 16.77 恒逸JAPAN株式会社 335,556 7.04 471,087 11.72」

    The major customers in the trading business changed from 大連広和石油化工有限公司 and the Ministry of Health, Labour and Welfare in the previous fiscal year to 浙江巨東株式有限公司 and 恒逸JAPAN株式会社.
  5. FY2022Changes in Major Customers and ConcentrationAnnual report

    「大連広和石油化工有限公司 1,027,308 21.54 厚生労働省 1,000,000 20.97」

    The major customers changed from 恒逸JAPAN株式会社 and 株式会社ジェネレーションパス in the previous fiscal year to 大連広和石油化工有限公司 and the Ministry of Health, Labour and Welfare. The top 2 customers accounted for 42.51% of total sales.
  6. FY2021Changes in Major Customers and ConcentrationAnnual report

    「恒逸JAPAN株式会社 416,699 47.04 145,490 20.44  株式会社ジェネレーションパス ― ― 201,113 28.25」

    恒逸JAPAN株式会社's share of sales fell from 47.04% in the previous fiscal year to 20.44%, while 株式会社ジェネレーションパス newly accounted for 28.25%. The composition of major customers and the concentration of sales changed.
  7. FY2020WorsenedAnnual report

    「恒逸JAPAN株式会社 416,699 47.04」

    Sales to 恒逸JAPAN株式会社 accounted for 47.04% of consolidated sales, up from 29.46% in the previous fiscal year. Sales concentration among major customers increased.
  8. FY2019First statedAnnual report

    「恒逸JAPAN株式会社 464,136 29.46  杭州永盛控股有限公司 427,024 27.11」

    In the trading business, sales to 恒逸JAPAN株式会社 accounted for ¥464,136 thousand, or 29.46%, and sales to 杭州永盛控股有限公司 accounted for ¥427,024 thousand, or 27.11%, of the customer mix.
Moved together

"Improving the financial condition by considering funding options" moved the same way as this thread, in the same document, in 3 of its 8 moves.

333332★123456
  1. ★This thread
  2. 1Improving the financial condition by considering funding options3×
  3. 2Launch of Trading Operations and Recognition of Initial Profit3×
  4. 3Risk of delays in executing the transformation of a business structure centered on the trading business and failure to achieve earnings3×
  5. 4Full-scale contribution to revenue and profit from the real estate-related services business3×
  6. 5Real estate market outlook and errors in assessing customer purchasing trends3×
  7. 6Consumer preference for saving and low prices, and weak consumer sentiment2×

★ 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 SHINTO Holdings yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.