Mercury (5025) · RiskDropped
Customer concentration in the data download service
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2025.
3entries
4years
0from disclosures
How it moved
Same theme, other companies
Customer concentration in the data download serviceA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2025DroppedAnnual reportThis filing contains no standalone risk disclosure concerning concentration of data-download service users.
- FY2023RestatedAnnual report
「Until the previous fiscal year, average revenue per customer was a management KPI. However, given the concentration of revenue among major real estate brokerage companies, the Company changed the KPI to revenue, which more appropriately measures its business.」
Because revenue is concentrated among major brokerage companies, the Company changed the data-download service KPI from average revenue per customer to revenue. The concentration risk continues. - FY2022First statedAnnual report
「However, usage is concentrated among some large customers, including major brokerage companies. The Company recognizes that future growth will require stronger efforts to promote use among customers as well as continued provision of new services.」
The Company identifies concentration of users among some major customers and cites promotion of use and new services as responses.