Dependence on Sales to 7-Eleven and Risk of Changes in Transaction Terms
First written in FY2017. 5 of 10 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Warabeya Nichiyo Holdings moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 22 of 68 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥177,457 million, representing 75.9% of consolidated revenue.」
The proportion of sales to Seven-Eleven rose from 75.1% in the previous fiscal year to 75.9%, but dependence remains at a lower level than the 77.6% recorded in FY2024. Sales to Seven-Eleven continue to account for the majority of consolidated revenue. - 2026-04-08MaterialisedM&A and Subsidiary Changes
「Our business partner, 7-Eleven, Inc., decided to consider reviewing its supply chain in North America.」
The review of 7-Eleven's North American supply chain led to reconsideration of the new plant's production plan and the timing of its start of operations becoming undecided, indicating that a change in the policy of a specific business partner affected the business plan. - FY2024MitigatedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥160,739 million, representing 77.6% of consolidated revenue.」
The proportion of sales to Seven-Eleven fell from 79.7% in the previous fiscal year to 77.6%, indicating a numerical decline in dependence. However, sales to Seven-Eleven continue to account for the majority of consolidated revenue. - FY2023WorsenedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥154,989 million, representing 79.7% of consolidated revenue.」
The proportion of sales to Seven-Eleven rose from 78.6% in the previous fiscal year to 79.7%, further increasing dependence on a specific customer. - FY2022MitigatedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥167,596 million, representing 78.5% of consolidated revenue.」
The proportion of sales to Seven-Eleven fell from 78.8% in the previous fiscal year to 78.6%. However, the Group remains dependent on Seven-Eleven for 78.6% of consolidated revenue. - FY2021WorsenedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥167,596 million, representing 78.5% of consolidated revenue.」
The proportion of sales to Seven-Eleven rose from 78.5% in the previous fiscal year to 78.8%, further increasing dependence on a specific customer. - FY2020WorsenedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥167,596 million, representing 78.5% of consolidated revenue.」
The proportion of sales to Seven-Eleven rose from 78.3% in the previous fiscal year to 78.5%, further increasing dependence on a specific customer. - FY2019WorsenedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥168,873 million, representing 78.3% of consolidated revenue.」
The proportion of sales to Seven-Eleven rose from 76.9% in the previous fiscal year to 78.3%, further increasing dependence on a specific customer. - FY2018WorsenedAnnual report
「Sales to franchise and company-operated stores of SEVEN-ELEVEN JAPAN CO., LTD. amounted to ¥168,419 million, representing 76.9% of consolidated revenue.」
The proportion of sales to Seven-Eleven rose from 76.1% in the previous fiscal year to 76.9%, indicating a numerical increase in dependence on a specific customer. - FY2017First statedAnnual report
「Sales to Seven-Eleven amounted to ¥163,133 million, representing 76.1% of the Group's consolidated revenue for the consolidated fiscal year.」
The disclosure identifies the possibility that changes to Seven-Eleven's store expansion, sales policies or pricing policies, or the emergence of competition, could affect results as a business risk.