Dependence on sales to specific customers
First written in FY2016. 5 of 10 entries say "Mitigated", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Sales to KDDI Corporation, the Group’s major OEM customer, accounted for 28.5% of total sales in the consolidated fiscal year under review.」
The sales ratio for KDDI fell from 30.9% in the previous fiscal year to 28.5%, but dependence on a major customer continues to be disclosed. - FY2025MitigatedAnnual report
「Sales to KDDI Corporation have increased through the provision of IoT platform services, and sales to KDDI accounted for 30.9% of total sales in the consolidated fiscal year under review.」
The sales ratio for KDDI fell from 31.1% in the previous fiscal year to 30.9%, but dependence on a major customer remains disclosed. - FY2024MitigatedAnnual report
「The Group’s sales to KDDI Corporation have increased through the provision of IoT platform services, and sales to KDDI accounted for 31.1% of total sales in the consolidated fiscal year under review.」
The sales ratio for KDDI fell from 33.6% in the previous fiscal year to 31.1%. However, dependence on a major customer remains disclosed as a risk. - FY2023MitigatedAnnual report
「Sales to KDDI Corporation have increased through the provision of IoT platform services, and sales to KDDI accounted for 33.6% of total sales in the consolidated fiscal year under review.」
The sales ratio for KDDI fell from 34.5% in the previous fiscal year to 33.6%, but dependence on a major customer remains disclosed. - FY2022WorsenedAnnual report
「The Group’s sales to KDDI Corporation have increased through the provision of IoT platform services, and sales to KDDI accounted for 34.5% of total sales in the consolidated fiscal year under review.」
The sales ratio for KDDI increased from 33.2% in the previous fiscal year to 34.5%, increasing dependence on a specific customer. - FY2021Dependence on KDDI Corporation increased, while dependence on Komatsu Ltd. declinedAnnual report
「Sales to KDDI Corporation increased through the provision of IoT platform services, accounting for 33.2% of consolidated sales for the current fiscal year. Transactions with Komatsu Ltd. accounted for 10.4% of consolidated sales for the current fiscal year.」
The sales ratio attributable to KDDI Corporation rose from 29.5% to 33.2%, while the ratio attributable to Komatsu Ltd. declined from 18.8% to 10.4%. - FY2020Dependence on KDDI Corporation declined, while dependence on Komatsu Ltd. was newly disclosedAnnual report
「Our group's sales to KDDI Corporation increased through the provision of IoT platform services, with sales to the company accounting for 29.5% of consolidated sales for the current fiscal year. In addition, sales to Komatsu Ltd. related to customization for IoT platform services increased, with sales to the company accounting for 18.8% of consolidated sales for the current fiscal year.」
The sales ratio attributable to KDDI Corporation declined from 34.0% in the previous fiscal year to 29.5%, while the 18.8% sales ratio attributable to Komatsu Ltd. was newly disclosed as dependence on a major business partner. - FY2019MitigatedAnnual report
「Sales to KDDI Corporation increased through the provision of IoT platform services, with sales to the company accounting for 36.4% in the previous fiscal year and 34.0% in the current fiscal year.」
The sales ratio attributable to KDDI Corporation declined from 36.4% to 34.0%, but dependence on a major customer remains a risk. - FY2018WorsenedAnnual report
「Sales to KDDI Corporation increased through the provision of IoT platform services, with sales to the company accounting for 32.5% in the previous fiscal year and 36.4% in the current fiscal year.」
The sales ratio attributable to KDDI Corporation rose from 32.5% to 36.4%, increasing dependence on a specific business partner. - FY2016First statedAnnual report
「Sales to KDDI Corporation accounted for 27.0% in the previous fiscal year and 33.9% in the current fiscal year. In addition, sales to NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION related to licensing fees and customization for IoT platform services increased, with sales to the company accounting for 18.5% in the previous fiscal year and 15.9% in the current fiscal year.」
The company disclosed the sales composition ratios for KDDI Corporation and NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION and explained the potential impact on performance if the contracts were terminated. It stated that no grounds for termination had arisen at this time.