Dependence on the domestic market, power-related business and specific business partners
First written in FY2016. 27 of 29 entries say "Restated". Latest entry: 2026-06-29.
0 other companies' latest entry also says "Advanced".
- 2026-06-29AdvancedGovernance
「成和 is a major shareholder and the largest shareholder of the Company, holding 39.69% of the voting rights in the Company. 成和 is also one of the sales agents for the Company’s actuator products and other products.」
The existing thread concerning dependence on specific business partners was given greater detail by identifying 成和, the largest shareholder, as also being a sales agent. - FY2026-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors. - FY2025RestatedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance. In addition, if the proportion of specific customers in the automotive and industrial machinery sectors becomes particularly high in the gear business, their business policies and market trends may affect our business performance.」
Dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors continues to be identified as a major risk. - FY2025-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2024-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2023-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2023-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2022RestatedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance. In addition, if the proportion of specific customers in the automotive and industrial machinery sectors becomes particularly high in the gear business, their business policies and market trends may affect our business performance.」
Dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors continues to be identified as a major risk. - FY2022-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2021RestatedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance.」
Dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors continues to be identified as a major risk. - FY2021-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2021-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2020-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2020-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2019RestatedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance.」
Dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors continues to be identified as a risk. Sales to domestic customers continue to exceed 90%. - FY2019-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2019-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2018RestatedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance.」
Dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors continues to be identified as a risk. Domestic sales exceed 90%. - FY2018-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there have been no significant changes to existing business risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no significant changes to existing risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2018-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to existing business risks, including dependence on the domestic market, the power sector, public investment and specific customers. - FY2017RestatedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance.」
Dependence on the domestic market, the power sector, public investment and specific customers in the automotive and industrial machinery sectors continues to be identified as a risk. Domestic sales continue to exceed 90%. - FY2016First statedAnnual report
「Our business is heavily dependent on the domestic market. In the gear equipment and construction businesses, restrictions on capital investment by power-sector customers, which are our major customers, extensions to the duration of periodic inspection work and reductions in public investment budgets may affect our business performance. In addition, if the proportion of specific customers in the automotive and industrial machinery sectors becomes particularly high in the gear business, their business policies and market trends may affect our business performance. “Because sales to external customers in Japan exceed 90% of net sales in the statement of income, the disclosure has been omitted.”」
The company explicitly identifies its dependence on the domestic market and describes concentration among power-sector customers, public investment and specific automotive and industrial machinery customers as risks. Related information indicates that domestic sales exceed 90%.