Komori
Cns (4076) · RiskMitigated

Dependence on major customers

First written in FY2021. 3 of 7 entries say "Mitigated", first in FY2025. Latest entry: FY2026.

7entries
6years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY2022WorsenedFY2023RestatedFY2024MitigatedFY2025 – FY20262021: 120212022: 120222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Sales concentration and dependence on specific major customersA theme 196 companies write about · 205 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.

39 other companies' 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.
Showing 14 of the 191 companies compared. The sentences above are computed from all 191.Comparing 200 of the theme's 206 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「For the fiscal year under review, sales to the NTT DATA Group accounted for 34.8% of the Group's total revenue, while sales to the Nomura Research Institute Group accounted for 19.9%.」

    Sales concentration among major customers declined from 36.3% for the NTT DATA Group and 21.4% for the Nomura Research Institute Group in the previous fiscal year. However, the two groups continued to account for a combined 54.7%.
  2. 2026-07-13MitigatedEarnings forecast revision

    「NTT DATA Corporation ¥1,643,393 thousand NTT DATA Group Corporation ¥874,363 thousand Nomura Research Institute,Ltd. ¥811,074 thousand」

    The combined revenue from the 3 major customers was approximately ¥3.33 billion, representing about 42.8% of consolidated revenue. Concentration declined from the 57.7% accounted for by the two groups in the previous fiscal year.
  3. FY2025MitigatedAnnual report

    「For the fiscal year under review, sales to the NTT DATA Group accounted for 36.3% of the Group's total revenue, while sales to the Nomura Research Institute Group accounted for 21.4%.」

    Sales concentration among major customers declined from 38.2% for the NTT DATA Group and 24.5% for the Nomura Research Institute Group in the previous fiscal year. However, the two groups continued to account for a combined 57.7%.
  4. FY2024RestatedAnnual report

    「For the fiscal year under review, sales to the NTT DATA Group accounted for 38.2% of the Group's total revenue, while sales to the Nomura Research Institute Group accounted for 24.5%.」

    The company continues to disclose sales concentration among major customers as a key risk and provides the percentages representing its dependence on the NTT DATA Group and the Nomura Research Institute Group.
  5. FY2023WorsenedAnnual report

    「For the fiscal year under review, sales to the NTT DATA Group accounted for 40.1% of the Group's total revenue, sales to the Nomura Research Institute Group accounted for 22.6%, and sales to the CO-OP Sapporo Group accounted for 9.4%.」

    Sales concentration among the 3 major customer groups totaled 72.1%, up from 54.1% for the 3 major companies in the previous fiscal year. The company stated that it would reduce its dependence while expanding transactions with major customers.
  6. FY2022Change in customer compositionAnnual report

    「For the fiscal year under review, sales to NTT DATA Corporation accounted for 29.3% of the Group's total revenue, sales to Nomura Research Institute, Ltd. accounted for 16.3%, and sales to CO-OP Sapporo accounted for 8.5%.」

    NTT DATA's share rose from 24.7% to 29.3%, while the third-largest customer changed from デュアルカナム at 11.6% to CO-OP Sapporo at 8.5%, changing the composition of the 3 major customers.
  7. FY2021First statedAnnual report

    「For the cumulative period of the fiscal year ended May 2021, sales to NTT DATA Corporation accounted for 24.7% of the Group's total revenue, sales to Nomura Research Institute, Ltd. accounted for 16.4%, and sales to デュアルカナム株式会社 accounted for 11.6%.」

    The figures show that 3 major companies accounted for 52.7% of revenue, and the company stated that it would reduce its dependence by expanding transactions with other customers.
Moved together

"Market Expansion Through the Development of New Technologies and Solutions" moved the same way as this thread, in the same document, in 3 of its 7 moves.

333322★123456
  1. ★This thread
  2. 1Market Expansion Through the Development of New Technologies and Solutions3×
  3. 2Improving Productivity in Client Projects Through Generative AI and Exploring New Services3×
  4. 3Expansion of the Cloud Platform Business3×
  5. 4Acquiring New Customers and Deepening Understanding of Existing Customer Needs3×
  6. 5Building New Business Models Beyond Contract-Based Services2×
  7. 6Deep Understanding of Customers’ Operations and Expansion of Upstream Consulting2×

★ 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 Cns yet. It last moved in the Earnings forecast revision of 2026-07-13: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on major customers | CNS Co.,Ltd. (4076) | Komori