Komori
Kinjiro (4013) · RiskWorsened

Revenue Dependence on Sales Partners

First written in FY2020. 3 of 7 entries say "Worsened", first in FY2023. Latest entry: 2026-03-19.

7entries
6years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2020 – FY2021SoftenedFY2022WorsenedFY2023 – FY20252021: 120212022: 120222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Dependence on Sales to Sales and OEM PartnersA theme 34 companies write about · 33 as a headwind · 1 as a tailwind

Kinjiro moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).

The whole theme swung hardest in 2017: 4 of 15 companies on the "Worse" side.

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

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 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  1. 2026-03-19ReframedManagement planning

    「Scaling through certified partners」

    In addition to the previous description of the risk of dependence on sales partners, the company organized the certified partner program as a growth initiative to build a sales expansion structure that does not depend on direct-sales resources.
  2. FY2025WorsenedAnnual report

    「OTSUKA CORPORATION 2,057,297 38.3」

    Sales to OTSUKA CORPORATION were ¥2,057.297 million, accounting for 38.3% of total sales. The share rose from 36.9% in the previous fiscal year, increasing dependence on sales partners.
  3. FY2024WorsenedAnnual report

    「Approximately 60% of the Group's sales are generated mainly through collaboration with sales partners, including OTSUKA CORPORATION, with the Otsuka Corporation group accounting for approximately 40%.」

    Approximately 60% of sales continue to be generated through sales partners, and the Otsuka Corporation group's share of sales rose to 36.9% from 36.0% in the previous fiscal year.
  4. FY2023WorsenedAnnual report

    「Approximately 60% of the Group's sales are generated mainly through collaboration with sales partners, including OTSUKA CORPORATION, with the Otsuka Corporation group accounting for approximately 40%.」

    The structure in which approximately 60% of sales are generated through sales partners and the Otsuka Corporation group accounts for approximately 40% continues. OTSUKA CORPORATION's share of sales rose from 35.7% in the previous fiscal year to 36.0%.
  5. FY2022SoftenedAnnual report

    「Approximately 60% of the Group's sales are generated mainly through collaboration with sales partners, including OTSUKA CORPORATION, with the Otsuka Corporation group accounting for approximately 40%. OTSUKA CORPORATION's sales were ¥1,267.294 million, accounting for 35.7% of total sales.」

    The structure in which approximately 60% of sales are generated through sales partners and the Otsuka Corporation group accounts for approximately 40% continues to be disclosed. OTSUKA CORPORATION's share of sales declined from 36.8% in the previous fiscal year to 35.7%.
  6. FY2021RestatedAnnual report

    「Approximately 60% of the Group's sales are generated mainly through collaboration with sales partners, including OTSUKA CORPORATION, with the Otsuka Corporation group accounting for approximately 40%.」

    The structure in which approximately 60% of sales are generated through sales partners and the Otsuka Corporation group accounts for approximately 40% continues to be disclosed.
  7. FY2020First statedAnnual report

    「More than approximately 60% of the Group's sales are generated mainly through collaboration with sales partners, including OTSUKA CORPORATION, with the Otsuka Corporation group accounting for approximately 40%.」

    The disclosure indicates that more than approximately 60% of sales are generated through sales partners and that the Otsuka Corporation group accounts for approximately 40%, identifying deterioration in relationships, partnerships with competitors and the partners' financial deterioration as risks.
Moved together

"Concentration of Trade Receivables with OTSUKA CORPORATION" moved the same way as this thread, in the same document, in 4 of its 7 moves.

422★123
  1. ★This thread
  2. 1Concentration of Trade Receivables with OTSUKA CORPORATION4×
  3. 2Development of the HRM & HL platform through Kinjiro Enterprise and Health × Life2×
  4. 3Economic Deterioration and Order Deferrals Due to the Novel Coronavirus and Other Factors2×

★ 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
No upcoming earnings preview for Kinjiro yet. It last moved in the Management planning of 2026-03-19: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Revenue Dependence on Sales Partners | Kinjiro Co.,Ltd. (4013) | Komori