Revenue Dependence on Apple’s and Google’s App Stores
First written in FY2018. 14 of 24 entries say "Restated". Latest entry: 2026-09-29.
The whole theme swung hardest in 2025: 7 of 32 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2025MitigatedAnnual report
「Apple Inc. 6,184 50.0 Google LLC 4,341 35.1」
Sales through Apple and Google totaled 85.1%, down from 90.6% in the previous fiscal year. Meanwhile, Apple's share rose from 47.9% to 50.0%. - FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company reconfirms that there have been no material changes in the major risks, including dependence on app store operators such as Apple and Google. - FY2024-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company reconfirms that there have been no material changes in the major risks, including dependence on app store operators such as Apple and Google. - FY2023-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company reconfirms that there have been no material changes in the major risks, including dependence on app store operators such as Apple and Google. - FY2022-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company reconfirms that there have been no material changes in the major risks, including dependence on app store operators such as Apple and Google. - FY2022-Q1RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company reconfirms that there have been no material changes in the major risks, including dependence on app store operators such as Apple and Google. - FY2021RestatedAnnual report
「Revenue dependence on Apple Inc., which operates the App Store, and Google LLC, which operates Google Play, has become particularly substantial.」
In FY2021, sales from Apple Inc. accounted for 51.0% and those from Google LLC for 40.0%, and the company continues to identify its revenue dependence on the 2 companies as a risk. - FY2021-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risks described for the previous consolidated fiscal year, including dependence on app store operators such as Apple and Google. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risks described for the previous consolidated fiscal year, including dependence on app store operators such as Apple and Google. - FY2021-Q1RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risks described for the previous consolidated fiscal year, including dependence on app store operators such as Apple and Google. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks described in the previous fiscal year, including dependence on app store operators. - FY2019RestatedAnnual report
「Revenue dependence on Apple Inc., which operates the App Store, and Google LLC, which operates Google Play, has become particularly substantial.」
The company continues to identify revenue dependence on Apple and Google as a risk; sales for the fiscal year were 49.8% from Apple and 45.5% from Google. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks described in the previous fiscal year, including dependence on app store operators. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks described in the previous fiscal year, including dependence on app store operators. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks described in the previous fiscal year, including dependence on app store operators. - FY2018First statedAnnual report
「We comply with the terms and conditions established by each operator and pay the operators fees, including collection agency fees and system usage fees. However, changes in the specifications of various rankings, including app store sales rankings, and possible future changes to the terms and conditions, as well as other developments involving the operators, may affect our business and financial results.」
The company identifies the impact of ranking specification changes and changes to terms and conditions as risks, given its substantial revenue dependence on Apple and Google.