Komori
Miraial (4238) · RiskMitigated

Dependence on Specific Customers and the Impact of Their Purchasing Policies

First written in FY2017. 4 of 8 entries say "Worsened", first in FY2019. Latest entry: FY2025.

8entries
9years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseWorsenedFY2019 – FY20222017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 120232024: 120242025: 12025
Same theme, other companies
Revenue Dependence on Specific Customers and Corporate GroupsA theme 315 companies write about · 329 as a headwind · 3 as a tailwind

Miraial moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).

The whole theme swung hardest in 2026: 39 of 122 companies on the "Worse" side.

38 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 187 companies compared. The sentences above are computed from all 187.Comparing 200 of the theme's 333 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2025MitigatedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 34.3% of trade receivables were due from a specific major customer.」

    The concentration of trade receivables with a specific major customer fell to 34.3%, down from 41.9% in the previous fiscal year. Although dependence on a specific customer continued, concentration eased in numerical terms.
  2. FY2024WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 41.9% of trade receivables were due from certain major customers.」

    The concentration of trade receivables with a specific major customer rose to 41.9%, up from 36.8% in the previous fiscal year. Dependence on a specific customer increased in numerical terms.
  3. FY2023MitigatedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 36.8% of trade receivables were due from a specific major customer.」

    The concentration of trade receivables with a specific major customer fell to 36.8%, down from 39.1% in the previous fiscal year. Although the dependence itself continued, concentration eased in numerical terms.
  4. FY2022WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 39.1% of trade receivables were due from a specific major customer.」

    The concentration of trade receivables with a specific major customer rose to 39.1%, up from 38.8% in the previous fiscal year. Customer dependence increased slightly in numerical terms.
  5. FY2021WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 38.8% of trade receivables were due from a specific major customer.」

    The concentration of trade receivables with a specific major customer rose to 38.8%, up from 38.1% in the previous full-year disclosure. Customer dependence continued and had increased slightly in numerical terms.
  6. FY2019WorsenedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 38.1% of trade receivables were due from a specific major customer.」

    The concentration of trade receivables with a specific major customer rose to 38.1%, up from 36.5% in the previous full-year disclosure. Dependence on a specific customer continued to pose a risk.
  7. FY2018MitigatedAnnual report

    「As of the consolidated balance sheet date for the current consolidated fiscal year, 36.5% of trade receivables were due from a specific major customer.」

    The concentration of trade receivables with a specific major customer was disclosed as 36.5%. This was down from 46.2% in the previous disclosure, indicating a numerical easing of concentration risk, although the dependence itself continued.
  8. FY2017First statedAnnual report

    「The Group’s earnings structure is highly dependent on specific customers and industries and is susceptible to conditions in the electronics market.」

    Dependence on specific customers and industries was identified as a risk in the earnings structure. It was disclosed that 46.2% of trade receivables as of the consolidated balance sheet date were due from a specific major customer.
Moved together

"Diversification and Expansion of Production Facilities and Expansion into Small Precision Molding" moved the same way as this thread, in the same document, in 3 of its 8 moves.

332222★123456
  1. ★This thread
  2. 1Diversification and Expansion of Production Facilities and Expansion into Small Precision Molding3×
  3. 2Risk that R&D and capital investment fail to result in commercialization3×
  4. 3Challenges facing the core business amid semiconductor industry adjustments and the growing reuse of FOSBs2×
  5. 4Shareholder returns through interim dividends2×
  6. 5Aiming to Become a Niche Leader in Cutting-Edge Fields2×
  7. 6Profit pressure from the product mix and development prototyping costs2×

★ 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
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News
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Dependence on Specific Customers and the Impact of Their Purchasing Policies | Miraial Co.,Ltd. (4238) | Komori