Komori
VisasQ (4490) · RiskMitigated

Sales Concentration Among Certain Customers

First written in FY2020. 3 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2026.

4entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2020MitigatedFY2021 – FY20262020: 120202021: 120212022: 020222023: 020232024: 020242025: 120252026: 12026
Same theme, other companies
Dependence on sales to specific customersA theme 37 companies write about · 39 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 12 of 25 companies on the "Worse" side.

7 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 37 companies compared. The sentences above are computed from all 37.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Because revenue from any specific external customer accounted for less than 10% of revenue in the consolidated statement of income, disclosure has been omitted.」

    In the current consolidated fiscal year, revenue from each specific customer accounted for less than 10% of total revenue, so there were no major customers subject to individual disclosure.
  2. FY2025MitigatedAnnual report

    「As described in “4. Analysis of Financial Position, Operating Results and Cash Flows by Management, (1) Overview of Operating Results, etc., ④ Production, Orders Received and Sales, c. Sales,” sales to McKinsey & Company, Inc. Japan and Boston Consulting Group Japan, Limited Liability Company accounted for more than 10% of our total sales in the fiscal year ended February 2024. In the fiscal year ended February 2025, only the former exceeded 10%.」

    In the fiscal year ended February 2025, McKinsey was the only customer accounting for more than 10%, reducing the number of concentrated customers from 2 in the previous year.
  3. FY2021MitigatedAnnual report

    「Sales to The Boston Consulting Group accounted for 11.4% of our total sales in the fiscal year ended February 2021. The corresponding ratio was 14.2% in the previous fiscal year and fell to the above level in the fiscal year ended February 2021.」

    The sales ratio for a specific customer fell from 14.2% to 11.4%, demonstrating a reduction in customer concentration.
  4. FY2020First statedAnnual report

    「Sales to The Boston Consulting Group accounted for 14.2% of our total sales in the fiscal year ended February 2020.」

    To reduce dependence on specific customers, the company plans to increase transaction volume per customer and develop new customers.
Moved together

"Enhancing Platform Value and Expanding Customer Engagement" moved the same way as this thread, in the same document, in 3 of its 4 moves.

333333★123456
  1. ★This thread
  2. 1Enhancing Platform Value and Expanding Customer Engagement3×
  3. 2Expanding the Knowledge Database and Activating the Registered Expert Base3×
  4. 3Expanding the Corporate Client Base and Broadening Product Use Within Existing Customers3×
  5. 4Balancing Business Growth with Improved Operating Efficiency3×
  6. 5Talent Acquisition and Development and Organizational Expansion3×
  7. 6Expansion of Registered Users, Customer Base and Transaction Volume3×

★ 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 VisasQ yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Sales Concentration Among Certain Customers | VisasQ Inc. (4490) | Komori