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Shin Maint Holdings (6086) · RiskWorsenedLatest Management plan (2026-05-22): "Mitigated"

Dependence on the Food-Service Industry

First written in FY2017. 8 of 20 entries say "Restated". Latest entry: 2026-05-22.

20entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorse2017: 120172018: 120182019: 120192020: 120202021: 420212022: 320222023: 220232024: 320242025: 220252026: 22026
Same theme, other companies
Revenue Dependence on Specific Customers and Corporate GroupsA theme 313 companies write about · 327 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2020: 29 of 92 companies on the "Worse" side.

38 other companies' latest entry also says "Mitigated".

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 331 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-22MitigatedManagement plan

    「Rather than relying disproportionately on the food-service industry, we will develop a broad range of industry segments. We will provide services to a wide range of industries and customers, including merchandise and nursing care.」

    Clearly states the development of merchandise, nursing care and other industries as a response to the risk of dependence on the food-service industry.
  2. FY2026WorsenedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 71.6% of total sales (fiscal year ended February 2026).」

    The proportion of sales to the food-service industry rose from 70.0% in the previous fiscal year to 71.6%, indicating a numerical increase in dependence on the industry's business performance.
  3. FY2026-H1RestatedAnnual report

    「No new business or other risks arose during the interim consolidated accounting period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The continued existence of the existing risk has been confirmed through a comprehensive disclosure stating that there have been no new risks or material changes relating to dependence on the food-service industry's business performance.
  4. FY2025WorsenedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 70.0% of total sales (fiscal year ended February 2025).」

    The proportion of sales to the food-service industry rose from 69.5% in the previous fiscal year to 70.0%, indicating a numerical increase in dependence on the industry's business performance. Meanwhile, the Group continues to expand into merchandise sales, nursing care facilities, hotels, hospitals and other areas.
  5. FY2025-Q1RestatedAnnual report

    「In our longstanding effort to expand into industries other than food service, we have provided services increasingly to drugstores, nursing-care providers, and the merchandise sector, and strengthened promotional activities for business formats we had not previously served. As a result, we have expanded business with existing customers and acquired new customers.」

    To reduce dependence on the food-service industry, we continue to expand into drugstores, nursing care, merchandise sales and other areas, and acquire new customers.
  6. FY2024MitigatedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 69.5% of total sales (fiscal year ended February 2024).」

    The proportion of sales to the food-service industry fell from 74.7% in the previous fiscal year to 69.5%, indicating a numerical reduction in dependence on the industry's business performance.
  7. FY2024-Q3RestatedAnnual report

    「During the nine months ended the third quarter, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The continued existence of the existing risk has been confirmed through a comprehensive disclosure stating that there have been no new risks or material changes relating to dependence on the food-service industry's business performance.
  8. FY2024-Q1RestatedAnnual report

    「In our longstanding effort to expand into industries other than food service, we have provided services increasingly to drugstores, nursing-care providers, and the merchandise and retail sectors, and strengthened promotional activities for business formats we had not previously served. As a result, we have expanded business with existing customers and acquired new customers.」

    To reduce dependence on the food-service industry, we continue to expand into drugstores, nursing care, merchandise and retail businesses, and other areas, while acquiring new customers.
  9. FY2023WorsenedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 74.7% of total sales (fiscal year ended February 2023).」

    The proportion of sales to the food-service industry rose from 73.6% in the previous fiscal year to 74.7%, indicating a numerical increase in dependence on the industry's business performance. Meanwhile, the Group is expanding into merchandise sales, nursing care facilities, hotels and hospitals.
  10. FY2023-Q2RestatedAnnual report

    「In our longstanding effort to expand into industries other than food service, we have provided services increasingly to drugstores, nursing-care providers, and the merchandise and retail sectors, and strengthened promotional activities for business formats we had not previously served. As a result, we have expanded business with existing customers and acquired new customers.」

    To reduce dependence on the food-service industry, we continue to expand into drugstores, nursing care, merchandise and retail businesses, and other areas, while acquiring new customers.
  11. FY2022WorsenedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 73.6% of total sales (fiscal year ended February 2022).」

    The proportion of sales to the food-service industry rose from 72.4% in the previous fiscal year to 73.6%, indicating a numerical increase in dependence.
  12. FY2022-Q3RestatedAnnual report

    「In our longstanding effort to expand into industries other than food service, we have provided services increasingly to drugstores, nursing-care providers, and the merchandise and retail sectors, and strengthened promotional activities for business formats we had not previously served. As a result, we have expanded business with existing customers and acquired new customers.」

    We have reconfirmed our continued efforts to expand outside the food-service industry and acquire new customers in order to reduce dependence on that industry.
  13. FY2022-Q2RestatedAnnual report

    「In our longstanding effort to expand into industries other than food service, we have provided services increasingly to drugstores, nursing-care providers, and the merchandise and retail sectors, and strengthened promotional activities for business formats we had not previously served. As a result, we have expanded business with existing customers and acquired new customers.」

    We have reconfirmed the continued expansion outside the restaurant industry, including the expansion of existing customers and acquisition of new customers in drugstores, nursing care and merchandise and retail businesses.
  14. FY2022-Q1MitigatedAnnual report

    「In our longstanding effort to expand into industries other than food service, we have provided services increasingly to drugstores, nursing-care providers, and the merchandise and retail sectors, and strengthened promotional activities for business formats we had not previously served. As a result, we have expanded business with existing customers and acquired new customers.」

    The Group explains that it strengthened service provision and sales promotion outside the restaurant industry, expanded its existing customer base and acquired new customers. It describes continued efforts and specific results aimed at reducing dependence on the food-service industry.
  15. FY2021MitigatedAnnual report

    「Our group is rapidly expanding into industries other than the restaurant industry, including merchandise sales, nursing-care facilities, hotels and hospitals, and is steadily working to reduce the restaurant industry’s share of our total sales.」

    The proportion of sales to the food-service industry fell from 86.6% in the fiscal year ended February 2020 to 72.4% in the fiscal year ended February 2021, indicating a numerical reduction in dependence.
  16. FY2021-Q3RestatedAnnual report

    「Under these economic conditions, many companies in the food-service industry, which is the Group's main customer base, have seen sluggish business performance because customer traffic has not returned overall.」

    The food-service industry is the Group's main customer base, and we have reconfirmed the structure whereby sluggish performance in that industry affects the Group's emergency maintenance services.
  17. FY2020WorsenedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 86.6% of total sales (fiscal year ended February 2020).」

    The proportion of sales to the food-service industry rose from 80.6% in the previous fiscal year to 86.6%, indicating a numerical increase in dependence on the food-service industry.
  18. FY2019MitigatedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 80.6% of total sales (fiscal year ended February 2019).」

    The proportion of sales to the food-service industry fell from 87.7% in the previous fiscal year to 80.6%. The Group continues to develop the market among chain operators outside the food-service industry.
  19. FY2018WorsenedAnnual report

    「Since its founding, the Group has provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 87.7% of total sales (fiscal year ended February 2018).」

    The proportion of sales to the food-service industry rose from 83.6% previously to 87.7%, indicating a numerical increase in dependence on the food-service industry.
  20. FY2017First statedAnnual report

    「Since our founding, we have provided maintenance services for restaurant chain outlets, and sales to companies in the food-service industry accounted for 83.6% of total sales (fiscal year ended February 2017).」

    The company indicates concentration risk, with sales to the food-service industry accounting for 83.6% of total sales, and aims to reduce its dependence by developing the market among chain operators outside the food-service industry.
Moved together

"Stagnation in Economic Measures and Instability in Foreign Exchange and Equity Markets" moved the same way as this thread, in the same document, in 6 of its 20 moves.

654433★123456
  1. ★This thread
  2. 1Stagnation in Economic Measures and Instability in Foreign Exchange and Equity Markets6×
  3. 2Dependence of business performance on the top 10 customers5×
  4. 3Growth in Total Assets and Net Assets, and Expansion of Working Assets and Trade Payables4×
  5. 4Investment Cash Flow Turning Positive4×
  6. 5Progress in Revenue and Profit Growth3×
  7. 6Business Continuity Risks from Severe Disasters and Infectious Diseases3×

★ 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 Shin Maint Holdings yet. It last moved in the Management plan of 2026-05-22: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on the Food-Service Industry | Shin Maint Holdings Co.,Ltd. (6086) | Komori