Dependence on OEM customers
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2026.
Tenryu Saw Mfg. moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2017: 4 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2026Specific detailing of OEM demand fluctuations and production adjustment risksAnnual report
「Sales in OEM transactions are affected by the operating performance, financial condition, sales trends, business strategies and other factors of customer companies. Accordingly, order volumes may fluctuate significantly due to changes in demand and production adjustments by major customers. Requests from OEM customers to lower prices, changes in procurement policies and changes in transaction terms may also have a material adverse effect on the Group's operating results and financial condition.」
With respect to dependence on OEM customers, specifies that fluctuations in order volumes may result from sales trends, changes in demand and production adjustments by major customers, and changes in transaction terms, in addition to customer performance and requests relating to prices. - FY2024RestatedAnnual report
「The Group primarily sells carbide-tipped saw blades for housing materials and other products to OEM customers. Sales of OEM products are significantly affected by the operating performance and financial condition of customer companies, their business strategies and other factors.」
Reiterates that the products subject to dependence on OEM customers include carbide-tipped saw blades for housing materials, and explains the impact of customer companies' operating performance, financial condition, business strategies and requests for price reductions. - FY2020ReframedAnnual report
「The Group primarily sells carbide-tipped saw blades for housing materials to OEM customers. Sales of OEM products are significantly affected by the operating performance and financial condition of customer companies, their business strategies and other factors.」
With respect to dependence on OEM customers, the disclosure shifts its primary focus from carbide-tipped saw blades for power tools to carbide-tipped saw blades for housing materials. - FY2019RestatedAnnual report
「The Group primarily sells carbide-tipped saw blades for power tools to OEM customers. Sales of OEM products are significantly affected by the performance of customer companies and factors beyond the Group's control.」
Reiterates the risks associated with dependence on OEM customers for carbide-tipped saw blades for power tools, including customer performance, requests for price reductions and changes in procurement policies. - FY2018RestatedAnnual report
「The Group primarily sells carbide-tipped saw blades for power tools to OEM customers. Sales of OEM products are significantly affected by the performance of customer companies and factors beyond the Group's control. Price reductions requested to meet OEM customer requirements and changes in procurement policies may also adversely affect the Group's operating results and financial condition.」
Reiterates the risks associated with dependence on OEM customers for carbide-tipped saw blades for power tools, including customer performance, requests for price reductions and changes in procurement policies. - FY2017First statedAnnual report
「The Group primarily sells carbide-tipped saw blades for power tools to OEM customers. Sales of OEM products are significantly affected by the performance of customer companies and factors beyond the Group's control. Price reductions requested to meet OEM customer requirements and changes in procurement policies may also adversely affect the Group's operating results and financial condition.」
Describes the Group's reliance on OEM customers for sales of carbide-tipped saw blades for power tools, identifying the performance of customer companies, requests for price reductions and changes in procurement policies as risks.