Hybrid Technologies (4260) · RiskWorsened
Revenue Dependence on Major Customers
First written in FY2022. 2 of 3 entries say "Worsened", first in FY2023. Latest entry: FY2025.
3entries
4years
0from disclosures
How it moved
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
Hybrid Technologies 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 2026: 39 of 122 companies on the "Worse" side.
32 other companies' latest entry also says "Worsened".
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
- FY2025WorsenedAnnual report
「As a result, the top 5 customers accounted for 42.4% of revenue in the fiscal year ended September 2025.」
Dependence on the top 5 customers for revenue rose from 37.7% in the previous fiscal year to 42.4%. - FY2023WorsenedAnnual report
「As a result, the top 5 customers accounted for 37.7% of revenue in the fiscal year ended September 2023.」
The revenue share of the top 5 customers rose from 37.3% in the previous fiscal year to 37.7%, indicating a slight numerical increase in customer concentration. - FY2022First statedAnnual report
「As a result, the top 5 customers accounted for 37.3% of revenue in the fiscal year ended September 2022.」
The company describes a structure in which many projects are recurring engagements with existing customers, as well as the customer concentration risk arising from the top 5 customers accounting for 37.3% of revenue.