Dependence on Specific Customers and Suppliers
First written in FY2016. 3 of 7 entries say "Worsened", first in FY2017. Latest entry: FY2022.
Recomm moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 6 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「Revenue from customers accounting for 10% or more of consolidated revenue was as follows. ORIX CORPORATION Domestic solutions business 965,286」
ORIX CORPORATION continued to be listed as a major customer accounting for 10% or more of consolidated revenue, with the amount of dependence reaching ¥965.286 million. - FY2021WorsenedAnnual report
「Revenue from customers accounting for 10% or more of consolidated revenue was as follows. ORIX CORPORATION Domestic solutions business 887,433」
Following a decline in dependence on major customers in the previous fiscal year, ORIX CORPORATION was listed in the current fiscal year as a customer accounting for 10% or more of consolidated revenue. - FY2020MitigatedAnnual report
「The major customers during the consolidated fiscal year were ORIX CORPORATION and NTT FINANCE CORPORATION, but sales dependence was below 10% and had declined.」
Sales dependence on both of the 2 major customers fell below 10%, and the decline in dependence was explicitly stated. - FY2019MitigatedAnnual report
「ORIX CORPORATION 1,230,666 16.9 980,263 9.9 NTT FINANCE CORPORATION 1,170,670 16.0 840,775 8.5」
The sales shares of the 2 major customers fell from 16.9% to 9.9% for ORIX and from 16.0% to 8.5% for NTT Finance, bringing both below 10% in the current fiscal year. - FY2018MitigatedAnnual report
「Customers accounting for more than 10% of sales dependence during the consolidated fiscal year were ORIX CORPORATION and NTT FINANCE CORPORATION.」
Dependence on the 2 customers remained above 10%, but their sales shares fell to 16.9% for ORIX and 16.0% for NTT Finance, from 26.6% and 24.2%, respectively, in the previous fiscal year. - FY2017WorsenedAnnual report
「Customers accounting for more than 10% of sales dependence during the consolidated fiscal year included ORIX CORPORATION and NTT FINANCE CORPORATION. Suppliers accounting for more than 10% of procurement dependence during the consolidated fiscal year included NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION (NTT East) and KYOCERA Document Solutions Japan Inc.」
In addition to customers, specific suppliers accounting for more than 10% of procurement dependence were listed, clarifying the scope of the dependency structure. - FY2016First statedAnnual report
「Customers accounting for more than 10% of sales dependence during the consolidated fiscal year included ORIX CORPORATION and NTT FINANCE CORPORATION. In procuring products for sale, the company also narrowed its supplier base and entered into basic transaction agreements to secure more favorable trading terms.」
The company states that its transaction structure, which concentrates customers and suppliers, includes counterparties accounting for more than 10% of sales dependence, and that contract cancellations or changes in terms could affect operations.