Komori
Netyear Group (3622) · RiskMitigated

Dependence on Specific Customers

First written in FY2016. 6 of 13 entries say "Mitigated", first in FY2024-Q2. Latest entry: FY2026-H1.

13entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019WorsenedFY2021 – FY2023MitigatedFY2024-Q2 – FY2026-H12016: 120162017: 020172018: 120182019: 120192020: 020202021: 120212022: 120222023: 320232024: 320242025: 22025
Same theme, other companies
Sales dependence on specific telecommunications operators, including the NTT GroupA theme 9 companies write about · 9 as a headwind · 0 as a tailwind

Netyear Group moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).

The whole theme swung hardest in 2022: 5 of 7 companies on the "Worse" side.

1 other company's 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「NTT Group 316,551 19.1」

    The proportion of revenue from NTT Group declined from 31.0% in the same interim period of the previous year to 19.1%, indicating a further reduction in disclosed revenue concentration in a specific customer category.
  2. FY2025MitigatedAnnual report

    「NTT Group 1,040,726 30.8」

    The proportion of revenue from NTT Group declined from 36.3% in the previous fiscal year to 30.8%. Concentration in a specific customer category remains, but the disclosed level of dependence has declined further.
  3. FY2025-H1MitigatedAnnual report

    「NTT Group 465,565 31.0」

    The proportion of revenue from NTT Group declined from 37.2% in the same interim period of the previous year to 31.0%, indicating a reduction in disclosed revenue concentration in a specific customer category.
  4. FY2024MitigatedAnnual report

    「NTT Group 1,317,718 36.3」

    Revenue from NTT Group accounted for 36.3%, down from 44.0% in the previous fiscal year. Concentration in a specific customer category remains, but the disclosed percentage has declined.
  5. FY2024-Q3MitigatedAnnual report

    「NTT Group 898,777 34.9」

    Revenue from NTT Group accounted for 34.9%, down from 44.3% in the same period of the previous year. Due to a change in how customer categories are presented, the classification differs from the figures previously reported for NTT DATA on a standalone basis.
  6. FY2024-Q2MitigatedAnnual report

    「NTT Group 634,979 37.2」

    Sales to the NTT Group accounted for 37.2%, down from 45.3% in the same period of the previous year and 42.4% in FY2024-Q1. However, concentration in a specific customer category remains.
  7. FY2024-Q1Numerical disclosure by customer categoryAnnual report

    「NTT Group 345,236 42.4」

    By customer category, sales to the NTT Group were ¥345.236 million, accounting for 42.4% of sales. This was down from 49.9% for the NTT Group in the same period of the previous year, but the figure represents the NTT Group category rather than NTT DATA alone.
  8. FY2023WorsenedAnnual report

    「NTT DATA Corporation 1,352,954 34.5」

    Sales to NTT DATA increased as a percentage of total sales from 33.1% in the previous fiscal year to 34.5%, further quantifying concentration in a specific customer.
  9. FY2022WorsenedAnnual report

    「NTT DATA Corporation 1,130,393 33.1」

    Sales to NTT DATA were ¥1,130.393 million, accounting for 33.1% of total sales, indicating customer concentration in numerical terms.
  10. FY2021WorsenedAnnual report

    「NTT DATA Corporation 645,234 11.5」

    Sales to NTT DATA increased as a percentage of consolidated sales, from 8.9% in the previous year to 11.5%.
  11. FY2019RestatedAnnual report

    「If this high level of dependence arises and transactions with major customers decline substantially due to changes in their strategies, operational problems or any other factors, our Group’s business performance and financial position may be affected.」

    The risk of increased dependence on specific customers and the impact of declining transactions were reconfirmed.
  12. FY2018RestatedAnnual report

    「If this high level of dependence arises and transactions with major customers decline substantially due to changes in their strategies, operational problems or any other factors, our Group’s business performance and financial position may be affected.」

    The risk arising from increased dependence on specific customers and a decline in transactions with major customers was restated.
  13. FY2016First statedAnnual report

    「If transactions with major customers decline substantially due to changes in their strategies, operational problems or any other factors, our Group’s business performance and financial position may be affected.」

    NTT DATA Corporation accounted for 22.5% of sales in the current period.
Moved together

"Strengthening the product business and capital-intensive business" moved the same way as this thread, in the same document, in 4 of its 13 moves.

433222★123456
  1. ★This thread
  2. 1Strengthening the product business and capital-intensive business4×
  3. 2Addressing market expansion and achieving further growth3×
  4. 3Stabilizing earnings through recurring services and flexible personnel allocation3×
  5. 4Economic trends and dependence on customers’ advertising and promotional budgets2×
  6. 5Improving sales efficiency2×
  7. 6Recruiting and developing talent and transforming the workplace environment2×

★ 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
Netyear Group'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.