Komori
Mitsuchi (3439) · RiskWorsened

Dependence on Automotive Parts and Specific Customers

First written in FY2016. 4 of 10 entries say "Worsened", first in FY2017. Latest entry: FY2026.

10entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017 – FY2018OtherFY2021MitigatedFY2023 – FY20242016: 12017: 120172018: 120182019: 120192020: 120202021: 120212022: 020222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Sales Concentration in Automotive and Construction Equipment Parts and Order VolatilityA theme 21 companies write about · 22 as a headwind · 0 as a tailwind

Mitsuchi moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).

The whole theme swung hardest in 2020: 10 of 19 companies on the "Worse" side.

1 other company's latest entry also says "Worsened".

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 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Automotive parts accounted for 85.3% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers.」

    Dependence on automotive parts increased from 82.7% in the previous year to 85.3%.
  2. FY2025WorsenedAnnual report

    「Automotive parts accounted for 82.7% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers.」

    Dependence on automotive parts increased from 80.3% in the previous year to 82.7%. Although no specific customer accounted for more than 10% of sales, the business's overall dependence on automotive parts increased.
  3. FY2024MitigatedAnnual report

    「Automotive parts accounted for 80.3% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers.」

    Dependence on automotive parts declined from 82.9% in the previous year to 80.3%. No individual external customer accounted for 10% or more of sales, and the previous disclosure of sales by individual customer was not included.
  4. FY2023MitigatedAnnual report

    「Automotive parts accounted for 82.9% of the group's sales in the consolidated fiscal year. The group has a high degree of dependence on アイシンシロキ株式会社, a wholly owned subsidiary of AISIN CORPORATION, a Tier 1 automotive parts manufacturer. Sales to アイシンシロキ株式会社 accounted for 13.9% of sales in the consolidated fiscal year.」

    Dependence on automotive parts was broadly unchanged, increasing from 82.8% in the previous year to 82.9%, while dependence on アイシンシロキ株式会社 declined from 15.7% to 13.9%. The company name changed from シロキ工業株式会社 to アイシンシロキ株式会社.
  5. FY2021Changes in the breakdown of dependenceAnnual report

    「Automotive parts accounted for 88.7% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers. The group has a high degree of dependence on シロキ工業株式会社, a wholly owned subsidiary of AISIN CORPORATION, a Tier 1 automotive parts manufacturer. Sales to シロキ工業株式会社 accounted for 22.7% of sales in the consolidated fiscal year.」

    Dependence on automotive parts declined from 93.6% in the previous year to 88.7%, while dependence on シロキ工業株式会社 increased from 19.1% to 22.7%, indicating a change in the breakdown of customer dependence.
  6. FY2020MitigatedAnnual report

    「Automotive parts accounted for 93.6% of the group's sales in the consolidated fiscal year. The group has a high degree of dependence on シロキ工業株式会社, a wholly owned subsidiary of AISIN CORPORATION, a Tier 1 automotive parts manufacturer. Sales to シロキ工業株式会社 accounted for 19.1% of sales in the consolidated fiscal year.」

    Dependence on automotive parts declined from 94.2% to 93.6%, and dependence on シロキ工業株式会社 declined from 20.9% to 19.1%. Dependence remains high, but the disclosed ratio declined.
  7. FY2019Changes in the breakdown of dependenceAnnual report

    「Automotive parts accounted for 94.2% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers. The group has a high degree of dependence on シロキ工業株式会社, a wholly owned subsidiary of AISIN CORPORATION, a Tier 1 automotive parts manufacturer. Sales to シロキ工業株式会社 accounted for 20.9% of sales in the consolidated fiscal year.」

    Dependence on automotive parts declined from 94.9% in the previous year to 94.2%, while dependence on シロキ工業株式会社 increased from 20.7% to 20.9%.
  8. FY2018WorsenedAnnual report

    「Automotive parts accounted for 94.9% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers. The group has a high degree of dependence on シロキ工業株式会社, a Tier 1 automotive parts manufacturer, which accounted for 20.7% of sales in the consolidated fiscal year.」

    Dependence on automotive parts increased from 93.6% in the previous year to 94.9%. For シロキ工業株式会社, the company disclosed standalone sales of 20.7%, covering a different scope from the previous year's 26.1%, which included its consolidated subsidiaries.
  9. FY2017WorsenedAnnual report

    「Automotive parts accounted for 93.6% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers. The group has a high degree of dependence on シロキ工業株式会社, a Tier 1 automotive parts manufacturer, and its consolidated subsidiaries. Sales to the シロキ工業株式会社 group accounted for 26.1% of sales in the consolidated fiscal year.」

    Dependence on automotive parts increased from 92.0% to 93.6% of sales, while dependence on the シロキ工業株式会社 group increased from 26.0% to 26.1%.
  10. FY2016First statedAnnual report

    「Automotive parts accounted for 92.0% of the group's sales in the consolidated fiscal year, with sales primarily to Tier 1 automotive parts manufacturers. The group has a high degree of dependence on シロキ工業株式会社, a Tier 1 automotive parts manufacturer, and its consolidated subsidiaries. Sales to the シロキ工業株式会社 group accounted for 26.0% of sales in the consolidated fiscal year.」

    The company discloses dependence risk from automotive parts, which accounted for 92.0% of sales, and sales to the シロキ工業株式会社 group, which accounted for 26.0%.
Moved together

"Regional, Foreign Exchange and Regulatory Risks Associated with Overseas Expansion" moved the same way as this thread, in the same document, in 4 of its 10 moves.

443222★123456
  1. ★This thread
  2. 1Regional, Foreign Exchange and Regulatory Risks Associated with Overseas Expansion4×
  3. 2Exchange Rate Fluctuations4×
  4. 3Review of Domestic Production Structure and Capital Investment3×
  5. 4Cost Reduction and Production Efficiency Improvement2×
  6. 5Strengthening Management and Production Systems at Overseas Subsidiaries2×
  7. 6Fluctuations in Steel Prices2×

★ 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
Mitsuchi's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Automotive Parts and Specific Customers | Mitsuchi Corporation (3439) | Komori