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Raiznext (6379) · RiskMitigatedLatest Governance (2026-06-26): "Worsened"

Concentration of completed construction revenue among major customers

First written in FY2017. 5 of 9 entries say "Worsened", first in FY2020. Latest entry: 2026-06-26.

9entries
10years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017WorsenedFY2020 – FY2021MitigatedFY2022WorsenedFY2024 – FY20252017: 120172018: 020182019: 020192020: 120202021: 120212022: 120222023: 020232024: 120242025: 120252026: 32026
Same theme, other companies
Reliance on sales to JXTG EnergyA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Raiznext moved to the "Worse" side of this theme in 2020.

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

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. 2026-06-26WorsenedGovernance

    「ENEOS グループに対する完成工事高(売上高)比率が 40%程度(2026 年 3 月期実績)となっていることから、同社の設備投資動向が当社の経営成績に影響を与える可能性があります。」

    ENEOSグループ向け売上への依存と、同グループの設備投資動向が経営成績に影響する可能性を明示した。一方で、取引条件は一般取引と同様に決定し、独立性を確保していること、同グループ以外にも大口取引先を有し積極的に営業展開する方針も記載している。
  2. FY2026MitigatedAnnual report

    「ENEOS株式会社 66,002 37.8」

    The proportion of completed construction revenue from ENEOS declined from 42.5% in the previous period to 37.8%, indicating that concentration among major customers declined based on the current-period results.
  3. 2026-05-13MitigatedRevision of earnings forecasts

    「ENEOS Corporation 65,985」

    Revenue from ENEOS was ¥6,598.5 million, accounting for approximately 37.8% of consolidated revenue, down from approximately 42.5% in the previous fiscal year.
  4. FY2025WorsenedAnnual report

    「ENEOS株式会社 66,882 42.5」

    Completed construction revenue from ENEOS was ¥66,882 million, accounting for 42.5% of consolidated completed construction revenue, and customer concentration increased from 40.6% in the previous period.
  5. FY2024WorsenedAnnual report

    「ENEOS株式会社 57,037 40.6」

    Completed construction revenue from ENEOS was ¥57,037 million, accounting for 40.6% of consolidated completed construction revenue, and customer concentration increased from 35.5% in the previous period.
  6. FY2022MitigatedAnnual report

    「ENEOS㈱ 60,708 41.6 44,730 34.5」

    The proportion of completed construction revenue from ENEOS declined from 41.6% in the previous period to 34.5%, indicating that concentration among major customers declined based on the current-period results.
  7. FY2021WorsenedAnnual report

    「ENEOS㈱ 60,708,357 41.6」

    Completed construction revenue from ENEOS was ¥60,708.357 million, accounting for 41.6% of consolidated completed construction revenue, and customer concentration increased from 37.2% in the previous period.
  8. FY2020WorsenedAnnual report

    「ENEOS㈱ 52,251,807 37.2」

    Completed construction revenue from ENEOS, the major customer in the current period, was ¥52,251.807 million, accounting for 37.2% of consolidated completed construction revenue. Customer concentration increased from 35.6% in the previous period.
  9. FY2017First statedAnnual report

    「JXエネルギー㈱ 32,299,527 31.7」

    For the fiscal year ended March 2017, completed construction revenue from JXエネルギー was ¥32,299.527 million, accounting for 31.7% of consolidated completed construction revenue. Concentration of revenue among specific customers is tracked as an order-structure risk.
Moved together

"Losses and deteriorating profitability on contracted projects" moved the same way as this thread, in the same document, in 5 of its 9 moves.

544443★123456
  1. ★This thread
  2. 1Losses and deteriorating profitability on contracted projects5×
  3. 2Restructuring in the oil and petrochemical industries, contraction of the domestic market and restrained capital investment4×
  4. 3Liquidity risk from working capital requirements and financing4×
  5. 4¥95.0 billion order intake and completed construction revenue target under the Sixth Medium-Term Plan4×
  6. 5Investments in growth strategies and strengthening the management base, FY2016–FY20184×
  7. 6Thorough project profitability management and cost reduction3×

★ 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 Raiznext yet. It last moved in the Governance of 2026-06-26: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Concentration of completed construction revenue among major customers | RAIZNEXT Corporation (6379) | Komori