Sales dependence on PlantStream and 高砂熱学工業
First written in FY2023. 4 of 6 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Sales to Takasago Thermal Engineering Co.,Ltd. remained substantial. In the previous consolidated fiscal year, sales were ¥1,239 million, accounting for 30.8% of total sales, compared with ¥868 million, or 14.9%, in the consolidated fiscal year under review. The Group's dependence on specific customers is trending lower.」
The proportion of sales to Takasago Thermal Engineering declined from 30.8% to 14.9%, further reducing dependence on specific customers. PlantStream had no sales recorded following the absorption-type merger due to intercompany eliminations in the consolidated accounts. - FY2025MitigatedAnnual report
「株式会社PlantStream was previously an affiliate of the company, but became a wholly owned subsidiary in March 2025. Accordingly, going forward, consolidated revenue will include revenue from license sales and other activities by 株式会社PlantStream, rather than the amount calculated by applying the equity method to 株式会社Arent's sales to 株式会社PlantStream. The risk of dependence on those transactions is therefore expected to be eliminated. Meanwhile, co-created product development with 高砂熱学工業株式会社 is progressing smoothly, and the high level of business relationship is expected to continue. The Group's dependence on specific customers is trending downward.」
Following the consolidation of PlantStream as a wholly owned subsidiary, the risk of dependence on transactions with the former affiliate is expected to be eliminated. The share of sales to 高砂熱学工業株式会社 fell from 52.8% to 30.8%, while the share attributable to PlantStream fell from 24.2% to 17.7%. - FY2024WorsenedAnnual report
「Sales to 株式会社PlantStream were ¥559.723 million, or 27.7% of total sales, while sales to 高砂熱学工業株式会社 were ¥911.850 million, or 45.1%.」
In the current fiscal year, PlantStream accounted for ¥711.603 million, or 24.2%, while 高砂熱学工業株式会社 accounted for ¥1,552.850 million, or 52.8%. Dependence on sales to 高砂熱学工業株式会社 has increased. - FY2023First statedAnnual report
「Sales to 株式会社PlantStream were ¥559.723 million, or 27.7% of total sales, while sales to 高砂熱学工業株式会社 were ¥911.850 million, or 45.1%.」
The disclosure shows that sales to 2 companies account for a significant proportion of total sales and states a policy of reducing this dependence by expanding transactions with other existing customers and acquiring new customers.