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Nova System (5257) · RiskSoftened

Concentration of Revenue among Major Customers

First written in FY2022. 3 of 4 entries say "Softened", first in FY2023. Latest entry: FY2025.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022SoftenedFY2023 – FY20252023: 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

Nova System moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).

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

10 other companies' latest entry also says "Softened".

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. FY2025SoftenedAnnual report

    「In the fiscal year ended December 2025, the three companies IBM Japan, Ltd., Nissay Information Technology Co., Ltd. and SCSK Corporation accounted for 62.5% of our revenue and constituted a stable earnings base.」

    The concentration ratio among the three major customers fell from 68.1% in the prior fiscal year to 62.5%, but the structure in which the three companies account for more than half of revenue continues.
  2. FY2024SoftenedAnnual report

    「In the fiscal year ended December 2024, the three companies IBM Japan, Ltd., Nissay Information Technology Co., Ltd. and SCSK Corporation accounted for 68.1% of our revenue and constituted a stable earnings base.」

    The concentration ratio among the three major customers fell from 69.9% to 68.1%. The structure in which the three companies account for more than half of revenue nevertheless continues.
  3. FY2023SoftenedAnnual report

    「In the fiscal year ended December 2023, the three companies Nissay Information Technology Co., Ltd., SCSK Corporation and IBM Japan, Ltd. accounted for 69.9% of our revenue and constituted a stable earnings base.」

    The concentration ratio among the three major customers fell from 72.0% in the fiscal year ended December 2022 to 69.9%, but the high concentration remains identified as a risk.
  4. FY2022First statedAnnual report

    「The three companies Nissay Information Technology Co., Ltd., SCSK Corporation and IBM Japan, Ltd. accounted for 72.0% of that amount in the fiscal year ended December 2022.」

    The company states that a review of its transaction policy with major customers could affect business performance and financial position.
Moved together

"Unprofitable Projects and Nonconformity to Contract" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22★12
  1. ★This thread
  2. 1Unprofitable Projects and Nonconformity to Contract2×
  3. 2Share-Value Dilution from the Exercise of Stock Acquisition Rights2×

★ 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 Nova System yet.
News
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Concentration of Revenue among Major Customers | NOVA SYSTEM CO.,LTD. (5257) | Komori