Dependence on sales to specific customers
First written in FY2018. 16 of 23 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 12 of 25 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Of the Group's consolidated net sales, sales to its major customer, Kioxia Corporation group, accounted for a significant 35.0% in the fiscal year ended March 2026.」
The proportion of sales to Kioxia group declined from 38.5% in the previous fiscal year to 35.0%, but dependence on a single customer remains significant. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2024Change in the composition of major customersAnnual report
「Of the Group's consolidated net sales, sales to its major customers, Kioxia Corporation group and Japan Advanced Semiconductor Manufacturing, Inc., accounted for significant proportions in the fiscal year ended March 2024, at 36.4% and 16.5%, respectively.」
The proportion of sales to Kioxia group declined from 52.0% to 36.4%, while Japan Advanced Semiconductor Manufacturing, Inc. was newly disclosed as a major customer, accounting for 16.5%. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2023WorsenedAnnual report
「Of the Group's consolidated net sales, sales to its major customer, Kioxia Corporation group, accounted for a significant 52.0% in the fiscal year ended March 2023.」
The proportion of sales to Kioxia Corporation group increased from 49.8% in the previous fiscal year to 52.0%, indicating greater dependence on a particular business partner. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2022WorsenedAnnual report
「Of the Group's consolidated net sales, sales to its major customers, Kioxia Corporation group, Japan Display Inc., and Micron Memory Japan, Inc., accounted for significant proportions in the fiscal year ended March 2022, at 49.8%, 5.2%, and 4.6%, respectively.」
The proportion of sales to Kioxia Corporation group increased from 40.6% in the previous fiscal year to 49.8%. Continued dependence on major customers, including Japan Display Inc. and Micron, was indicated. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes in the risk arising from revenue dependence on particular business partners. - FY2020Update to customer mix and dependence ratiosAnnual report
「Of the Group's consolidated net sales, sales to its major customers, Kioxia Corporation group, Japan Display Inc., and Micron Memory Japan, LLC, accounted for significant proportions in the fiscal year ended March 2020, at 40.6%, 10.1%, and 6.7%, respectively.」
The major customers were updated to Kioxia Corporation group, Japan Display Inc., and Micron Memory Japan, LLC, and their shares of sales were updated to 40.6%, 10.1%, and 6.7%, respectively. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes in its business and other risks, and did not indicate any specific change in the risk arising from revenue dependence on particular business partners. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes in its business and other risks, and did not indicate any specific change in the risk arising from revenue dependence on particular business partners. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No specific material change was indicated in the risk arising from revenue dependence on particular business partners. - FY2019Update to dependence ratiosAnnual report
「Of the Group's consolidated net sales, sales to its major customers, Toshiba Memory Corporation group, Japan Display Inc., and Kurita Water Industries Ltd., accounted for significant proportions in the fiscal year ended March 2019, at 41.6%, 11.0%, and 5.2%, respectively.」
The sales mix for the 3 major companies was updated. The proportion attributable to Toshiba Memory Corporation group increased to 41.6%, while Japan Display Inc. accounted for 11.0% and Kurita Water Industries Ltd. for 5.2%. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes in its business and other risks, and did not indicate any specific change in the risk arising from revenue dependence on particular business partners. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes in its business and other risks, and did not indicate any specific change in the risk arising from revenue dependence on particular business partners. - FY2018First statedAnnual report
「Of the Group's consolidated net sales, sales to its major customers, Toshiba Corporation group, Japan Display Inc., and Kurita Water Industries Ltd., accounted for significant proportions in the fiscal year ended March 2018, at 43.8%, 15.2%, and 8.9%, respectively.」
The company quantified its revenue dependence on major customers and stated that a reduction in transactions could affect its operating results and financial position. It also referred to the continuation of long-term, stable business relationships and the development of new customers.