Komori
Science Arts (4412) · RiskWorsened

Dependence on Distributors and SoftBank

First written in FY2021. 3 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2025.

5entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021MitigatedFY2022 – FY20242021: 12022: 120222023: 120232024: 120242025: 12025
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

Science Arts moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).

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

6 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 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  1. FY2025WorsenedAnnual report

    「Sales to SoftBank Corp. were ¥338.460 million, accounting for 28.6% of total sales, compared with ¥641.580 million, or 38.8%, in the fiscal year.」

    The ratio of sales to SoftBank Corp. rose from 28.6% in the previous fiscal year to 38.8%, increasing the figure indicating dependence on distributors and SoftBank Corp. for sales.
  2. FY2024MitigatedAnnual report

    「Sales to SoftBank Corp. were ¥235.757 million, accounting for 30.5% of total sales, compared with ¥338.460 million, or 28.6%, in the fiscal year.」

    The ratio of sales to SoftBank Corp. declined from 30.5% to 28.6%. At the same time, the policy of using distributors and the associated dependence risk continue.
  3. FY2023MitigatedAnnual report

    「Sales to SoftBank Corp. were ¥213.121 million, accounting for 32.3% of total sales.」

    Sales to SoftBank Corp. in the fiscal year were ¥235.757 million, accounting for 30.5% of total sales, down from 32.3%. The company continues to disclose the risk of dependence on distributors.
  4. FY2022MitigatedAnnual report

    「Sales to SoftBank Corp. were ¥213.121 million, accounting for 32.3% of total sales.」

    The ratio of sales to SoftBank Corp. declined from 37.0% in the previous fiscal year to 32.3%, but the company continues to identify dependence on distributors and SoftBank Corp.'s sales trends as risks.
  5. FY2021First statedAnnual report

    「The company outsources most of its order-taking activities to distributors. In particular, the company's sales are highly dependent on SoftBank Corp., and its operating results may be affected by SoftBank Corp.'s sales trends.」

    Sales to SoftBank Corp. in the fiscal year ended August 2021 were ¥135.403 million, or 37.0% of total sales.
Moved together

"Expanding Stable Recurring Revenue with ARR as the Core Metric" moved the same way as this thread, in the same document, in 3 of its 5 moves.

333333★123456
  1. ★This thread
  2. 1Expanding Stable Recurring Revenue with ARR as the Core Metric3×
  3. 2Accelerating the acquisition of Buddycom customer companies and users3×
  4. 3Buddycom’s Track Record of Growth in Customers and ARR3×
  5. 4Expanding collaboration through a partner ecosystem3×
  6. 5Growth in Buddycom subscription revenue and decline in accessory sales3×
  7. 6Strengthening Branding and Marketing to Raise Awareness3×

★ 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
Science Arts's next results are scheduled for 2026-10-15. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Distributors and SoftBank | Science Arts,Inc. (4412) | Komori