Komori
OpenWork (5139) · RiskDropped

Dependence on Specific Business Partners

First written in FY2022. 2 of 4 entries say "Mitigated", first in FY2023. Latest entry: FY2025.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022MitigatedFY2023 – FY20242023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Revenue Dependence on Specific Customers and Corporate GroupsA theme 315 companies write about · 329 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2026: 39 of 122 companies on the "Worse" side.

8 other companies' latest entry also says "Dropped".

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 187 companies compared. The sentences above are computed from all 187.Comparing 200 of the theme's 333 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2025DroppedAnnual report

    「Because there were no counterparties accounting for 10% or more of operating revenue from external customers, this information is omitted.」

    The 2025 risk disclosure no longer identifies Recruit or a specific-customer mitigation measure and does not disclose any major customer accounting for 10% or more.
  2. FY2024MitigatedAnnual report

    「For the fiscal year ended December 2024, transactions with Recruit Co., Ltd. accounted for 7.80% of our operating revenue, indicating a high degree of dependence on a specific customer. To eliminate this dependence, we are expanding the scale of OpenWork Recruiting.」

    Dependence on Recruit declined from 9.26% in fiscal 2023 to 7.80%, but the explanation of the dependence and its mitigation remained in place.
  3. FY2023MitigatedAnnual report

    「For the fiscal year ended December 2023, transactions with Recruit Co., Ltd. accounted for 9.26% of our operating revenue, indicating a high degree of dependence on a specific customer. To eliminate this dependence, we are expanding the scale of OpenWork Recruiting.」

    Dependence on Recruit declined from 14.8% in fiscal 2022 to 9.26% in fiscal 2023, although the company continued to describe the level as high.
  4. FY2022First statedAnnual report

    「In the fiscal year ended December 2022, transactions with Recruit Co., Ltd. accounted for 14.8% of the Company’s revenue, indicating a high degree of dependence on a specific business partner. The Company is expanding OpenWork Recruiting to reduce this dependence.」

    The Company disclosed its dependence on a specific customer and identified expansion of OpenWork Recruiting as the means of reducing that dependence.
Moved together

"Expanding the Working Data Platform" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22222★12345
  1. ★This thread
  2. 1Expanding the Working Data Platform2×
  3. 2Restructuring of the Recruitment Market2×
  4. 3Growing and Enhancing the Value of OpenWork Recruiting2×
  5. 4Stable user acquisition and growth in working data2×
  6. 5Share Repurchases for a Flexible Capital Strategy2×

★ 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 OpenWork yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Specific Business Partners | OpenWork Inc. (5139) | Komori