Reliance on Sales to BASF Japan and Supply Agreement
First written in FY2016. 6 of 12 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2025: 22 of 67 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「BASF Japan Co., Ltd. 1,838,644 20.6」
Revenue from BASF Japan was ¥1,839 million, representing 20.6% of total revenue, down from 23.1% in the previous fiscal year. The master supply agreement remained in effect through 30 September 2029. - FY2025MitigatedAnnual report
「Sales in the Chemicals business are primarily OEM sales, and BASF, a major customer, accounts for approximately 30% of total revenue.」
Revenue from BASF Japan was ¥2,242 million, representing 23.1% of total revenue, down from 24.4% in the previous fiscal year. The master supply agreement was renewed for the period from 1 October 2024 to 30 September 2029. - FY2025-H1Supply agreement renewedAnnual report
「1. A master agreement under which we would provide BASF Japan Co., Ltd. with a stable supply of our ultraviolet absorbers (benzotriazole-based). 2. Grant BASF Japan Co., Ltd. substantially exclusive sales rights outside Japan for our ultraviolet absorbers (benzotriazole-based). 3. BASF Japan Co., Ltd. would purchase a specified minimum volume of ultraviolet absorbers (benzotriazole-based) from us.」
The master supply agreement with BASF Japan was renewed for the period from 1 October 2024 to 30 September 2029. The agreement continues to provide for stable supply, substantially exclusive sales rights outside Japan and purchases above a specified minimum volume. - FY2023WorsenedAnnual report
「BASF Japan Co., Ltd. 2,637,529 27.0」
Revenue from BASF Japan was ¥2,637 million, representing 27.0% of total revenue, up from 24.3% in the previous fiscal year. The master supply agreement remained in effect through 30 September 2024. - FY2022MitigatedAnnual report
「BASF, a major customer, accounts for approximately 30% of total revenue.」
Revenue from BASF Japan was ¥2,368 million, representing 24.3% of total revenue, down from 25.1% in the previous fiscal year. The master supply agreement remained in effect from 1 October 2021 through 30 September 2024. - FY2022-Q2Supply agreement renewedAnnual report
「1. A master agreement under which we would provide BASF Japan Co., Ltd. with a stable supply of our ultraviolet absorbers (benzotriazole-based). 2. Grant BASF Japan Co., Ltd. substantially exclusive sales rights outside Japan for our ultraviolet absorbers (benzotriazole-based). 3. BASF Japan Co., Ltd. would purchase a specified minimum volume of ultraviolet absorbers (benzotriazole-based) from us.」
The master supply agreement with BASF Japan was renewed for the period from 1 October 2021 to 30 September 2024. The agreement provides for stable supply, substantially exclusive sales rights outside Japan and purchases above a specified minimum volume. - FY2021MitigatedAnnual report
「BASF, a major customer, accounts for approximately 30% of total revenue.」
Revenue from BASF Japan was ¥2,402 million, representing 25.1% of total revenue, down from 28.6% in the previous fiscal year. The master supply agreement remained in effect through 30 September 2021. - FY2020MitigatedAnnual report
「BASF, a major customer, accounts for approximately 30% of total revenue.」
Revenue from BASF Japan was ¥3,026 million, representing 28.6% of total revenue, up from 24.9% in the previous fiscal year, although dependence as described in the risk disclosures was down from slightly more than 30%, or 38.3%, two fiscal years earlier. The master supply agreement remained in effect through 30 September 2021. - FY2019-Q2Supply agreement renewedAnnual report
「11 September 2018 1. A master agreement under which we would provide BASF Japan Co., Ltd. with a stable supply of our ultraviolet absorbers (benzotriazole-based). 2. Grant BASF Japan Co., Ltd. substantially exclusive sales rights outside Japan for our ultraviolet absorbers (benzotriazole-based). 3. BASF Japan Co., Ltd. would purchase a specified minimum volume of ultraviolet absorbers (benzotriazole-based) from us. The term runs from 1 October 2018 to 30 September 2021.」
The master supply agreement with BASF Japan was renewed for the period from 1 October 2018 to 30 September 2021. The agreement provides for stable supply, substantially exclusive sales rights outside Japan and purchases above a specified minimum volume. - FY2018MitigatedAnnual report
「BASF, a major customer, accounts for approximately 30% of total revenue.」
Revenue from BASF Japan was ¥3,035,763 thousand, representing 32.6% of total revenue, down from 38.3% in the previous fiscal year. The master supply agreement remained in effect through 30 September 2018. - FY2017WorsenedAnnual report
「BASF, a major customer, accounts for slightly more than 30% of total revenue. We have entered into a master supply agreement with this highly significant customer under which we guarantee a stable supply of our core ultraviolet absorber products. Accordingly, our results could be materially affected by BASF's sales strategy.」
Revenue from BASF Japan was ¥3,466.5 million, representing 38.3% of total revenue, up from 33.2% in the previous fiscal year. The master supply agreement remained in effect through 30 September 2018. - FY2016First statedAnnual report
「BASF, a major customer, accounts for slightly more than 30% of total revenue. We have entered into a master supply agreement with this highly significant customer under which we guarantee a stable supply of our core ultraviolet absorber products. Accordingly, our results could be materially affected by BASF's sales strategy.」
Revenue from BASF Japan was ¥3,054 million, representing 33.2% of total revenue. The company also disclosed a master supply agreement covering the period from 1 October 2015 to 30 September 2018.