Komori
G-Tekt (5970) · RiskSoftenedLatest Governance (2026-05-22): "Restated"

High sales dependence on the Honda group

First written in FY2016. 2 of 6 entries say "Restated". Latest entry: 2026-05-22.

6entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2020SoftenedFY2022 – FY20242016: 120162017: 120172018: 020182019: 020192020: 120202021: 020212022: 120222023: 020232024: 120242025: 020252026: 12026
Same theme, other companies
Concentration of Transactions and Capital Ties with the Kobe Steel GroupA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

G-Tekt moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).

0 other companies' latest entry also says "Restated".

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.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-22RestatedGovernance

    「Our group belongs to the four-wheel vehicle business of HONDA MOTOR CO.,LTD. group. As a manufacturer of automotive body structural components, we participate from the design and development stage for components for new vehicles, procure raw materials from the group, manufacture components, and deliver them. Although we have close capital and business relationships with HONDA MOTOR CO.,LTD., we maintain a certain degree of independence in our business operations.」

    The company reaffirmed its capital, sales, and procurement relationships with HONDA MOTOR CO.,LTD. and disclosed product sales of ¥30,384 million and purchases of raw materials and components of ¥11,904 million during the fiscal year. No new disclosure updating the proportion of sales dependent on the Honda Group or indicating a decline in that dependence was provided.
  2. FY2024SoftenedAnnual report

    「HONDA MOTOR CO.,LTD. and its group companies account for just over 50% of consolidated revenue.」

    Dependence on the Honda Group declined further, from just under 60% in FY2022 to just over 50%.
  3. FY2022SoftenedAnnual report

    「HONDA MOTOR CO.,LTD. and its group companies account for just under 60% of consolidated revenue.」

    The stated proportion of sales dependent on the Honda Group declined from the previous level of just over 60% to just under 60%. Measures to reduce this dependence by expanding business with other companies were also described.
  4. FY2020Sales dependence updated to just over 60%, with plans to close the UK plant addedAnnual report

    「HONDA MOTOR CO.,LTD. and its group companies account for just over 60% of consolidated revenue. The company's withdrawal could have a significant impact on our UK business.」

    Dependence on the Honda Group was updated from approximately 70% to just over 60%, while a plan to close Honda's Swindon plant in the UK in 2021 was identified as a new, specific exposure.
  5. FY2017RestatedAnnual report

    「HONDA MOTOR CO.,LTD. and its group companies account for approximately 70% of consolidated revenue.」

    The company again states that approximately 70% of its sales depend on Honda and its group.
  6. FY2016First statedAnnual report

    「HONDA MOTOR CO.,LTD. and its group companies account for approximately 70% of consolidated revenue.」

    Honda holds 29.7% of the voting rights, while Honda and its group companies account for approximately 70% of consolidated revenue.
Moved together

"Fluctuations in Domestic and Overseas Economic Conditions and Automotive Demand" moved the same way as this thread, in the same document, in 2 of its 6 moves.

22★12
  1. ★This thread
  2. 1Fluctuations in Domestic and Overseas Economic Conditions and Automotive Demand2×
  3. 2Operational Delays or Suspensions Due to Changes in Overseas Regulations, Policies and Economic Conditions2×

★ 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 G-Tekt yet. It last moved in the Governance of 2026-05-22: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
High sales dependence on the Honda group | G-TEKT CORPORATION (5970) | Komori