Sales dependence on 長沼商事
First written in FY2017. 3 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2025.
Ishii Hyoki moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Sales to SHANGHAI SUN-WA TECHNOS CO.,LTD. during the consolidated fiscal year have been omitted because they accounted for less than 10% of total sales.」
The sales ratio for SHANGHAI SUN-WA TECHNOS CO.,LTD., which was 13.7% in the previous fiscal year, fell below 10% in the current fiscal year, so it was no longer subject to disclosure as a major-customer concentration. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, sales to SHANGHAI SUN-WA TECHNOS CO.,LTD., a customer of the Chinese subsidiary 上海賽路客電子有限公司, accounted for 13.7% of consolidated net sales for the fiscal year ended January 2024.」
The sales-concentration ratio for SHANGHAI SUN-WA TECHNOS CO.,LTD. increased from 11.7% in the previous fiscal year to 13.7%. The company also described the potential impact of trends in demand for electronic-component mounting and diversification through transactions with a range of companies. - FY2023WorsenedAnnual report
「During the consolidated fiscal year, sales to SHANGHAI SUN-WA TECHNOS CO.,LTD. increased due to higher demand for electronic-component mounting in China, while sales to 兼松株式会社 increased due to higher sales of LCD production equipment. The two companies accounted for 11.7% and 10.3%, respectively, of consolidated net sales for the fiscal year ended January 2023.」
After no customer accounted for more than 10% in the previous fiscal year, the company resumed disclosure of customer concentration, with SHANGHAI SUN-WA TECHNOS CO.,LTD. accounting for 11.7% and 兼松 accounting for 10.3%. It also described diversification through transactions with a range of companies and expansion into non-LCD fields. - FY2022MitigatedAnnual report
「Because no external customer accounted for 10% or more of net sales in the consolidated statement of income, this information has been omitted.」
Regarding the previously disclosed dependence on sales to 兼松, no customer accounted for 10% or more of consolidated net sales during the fiscal year, so the item was no longer subject to disclosure as a major-customer concentration. - FY2020MitigatedAnnual report
「Sales to 兼松㈱ (electronic-equipment component manufacturing equipment) accounted for 9.2% of our group’s consolidated net sales for the fiscal year ended January 2020. We have an ongoing and stable business relationship with the company and intend to continue trading with it, but its sales trends and other factors could affect the group’s operating results and other matters.」
The sales-concentration ratio for a specific customer declined from 21.3% for 兼松 in the previous disclosure to 9.2% for the fiscal year ended January 2020. However, the possibility of an impact on operating performance from sales trends continues to be disclosed. - FY2018ReframedAnnual report
「Sales to 兼松㈱ (electronic-equipment component manufacturing equipment) accounted for 21.3% of our group’s consolidated net sales for the fiscal year ended January 2018. We have an ongoing and stable business relationship with the company and intend to continue trading with it, but its sales trends and other factors could affect the group’s operating results and other matters.」
The disclosure changed from dependence on sales to 長沼商事 to identifying the 21.3% sales ratio for 兼松 as a major customer-concentration risk. - FY2017First statedAnnual report
「The proportion of our group’s sales to 長沼商事㈱ (the display and electronic-components businesses) in consolidated net sales was 10.2% for the fiscal year ended January 2017. Depending on the company’s sales trends and other factors, this could affect the group’s operating results and other matters.」
The company disclosed as a risk that sales to its sole customer, 長沼商事, accounted for 10.2% of sales and that the customer’s sales trends could affect operating performance.