Dependence on a Small Number of Key Customers
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 12 of 25 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Group recognizes that expanding its customer base by increasing sales to existing customers and actively developing and acquiring new customers is one of the important challenges in stabilizing its earnings base and expanding the scale of its businesses.」
The Group continues to recognize expanding its customer base by increasing sales to existing customers and developing new customers as an important challenge. - FY2019RestatedAnnual report
「The Group recognizes that expanding its customer base by increasing sales to existing customers and actively developing and acquiring new customers is an important challenge in stabilizing its earnings base and expanding the scale of its businesses.」
The Group continues to recognize expanding its customer base, including increasing sales to existing customers and acquiring new customers, as an important challenge. - FY2018RestatedAnnual report
「Some businesses within the Group, having entered their respective markets only recently, have not yet established a solid customer base and therefore tend to depend on certain major customers.」
The Group continues to recognize the risk that its customer base is not yet firmly established and that it tends to depend on certain major customers. - FY2017First statedAnnual report
「The Group remains dependent on a small number of customers, particularly in the purchase and sale of used vehicles in the automotive-related business. Accordingly, changes in customers’ trading policies or relationships, or the status of contracts, could affect the Group’s business, operating results and financial condition.」
The Company discloses dependence on a small number of customers in the used-vehicle trading business as a risk. Sales to major customer A were ¥732.388 million, or 13.2% of total sales.