Komori
Nichidai (6467) · RiskWorsened

Dependence on a Specific Customer and Turbocharger Strategy

First written in FY2016. 3 of 9 entries say "Restated". Latest entry: FY2026.

9entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019SoftenedFY2020 – FY20232016: 120162017: 120172018: 120182019: 120192020: 120202021: 020212022: 120222023: 120232024: 020242025: 120252026: 12026
Same theme, other companies
Dependence on business dealings with a specific corporate groupA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

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

1 other company's 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. FY2026WorsenedAnnual report

    「Mitsubishi Heavy Industries Group accounted for 26.9% of our Group's revenue in the current fiscal year (fiscal 2025). Accordingly, substantial changes in Mitsubishi Heavy Industries Group's orders, production trends or outsourcing policies may affect our Group's performance and financial position.」

    Revenue concentration in Mitsubishi Heavy Industries Group increased from 26.1% previously to 26.9%, increasing dependence on the specific customer.
  2. FY2025WorsenedAnnual report

    「Mitsubishi Heavy Industries Group accounted for 26.1% of our Group's revenue in the current fiscal year (fiscal 2024).」

    Revenue concentration in Mitsubishi Heavy Industries Group increased from 22.8% in the previous disclosure to 26.1%, increasing dependence on the specific customer.
  3. FY2023SoftenedAnnual report

    「Mitsubishi Heavy Industries Group accounted for 22.8% of our Group's revenue in the current fiscal year (fiscal 2022).」

    Revenue concentration in Mitsubishi Heavy Industries Group declined from 32.6% in the previous fiscal year to 22.8%. Dependence on the specific customer continues, although the ratio has declined.
  4. FY2022SoftenedAnnual report

    「Mitsubishi Heavy Industries Group accounted for 32.6% of our Group's revenue in the current fiscal year (fiscal 2021).」

    Revenue concentration in the specific customer declined from 42.0% in the previous disclosure (fiscal 2019) to 32.6% in fiscal 2021.
  5. FY2020ReframedAnnual report

    「Mitsubishi Heavy Industries Group accounted for 42.0% of our Group's revenue in the current fiscal year (fiscal 2019). Accordingly, substantial changes in Mitsubishi Heavy Industries Group's orders, production trends or outsourcing policies may affect our Group's performance and financial position.」

    The disclosure changed from dependence on traditional turbocharger customers and emissions regulations to concentration of revenue in Mitsubishi Heavy Industries Group and dependence on that group's orders, production and outsourcing policies, with the 42.0% revenue figure included.
  6. FY2019RestatedAnnual report

    「The customers for turbocharger components in the Assembly Business are concentrated in a specific customer. Accordingly, the performance of our Group may be affected in the future by developments in that customer's turbocharger strategy and by trends in turbocharger adoption resulting from emissions regulations and other factors.」

    The risk of being affected by the specific customer's turbocharger strategy and by emissions regulations and trends in turbocharger adoption continues to be disclosed in the same form as previously.
  7. FY2018RestatedAnnual report

    「The customers for turbocharger components in the Assembly Business are concentrated in a specific customer. Accordingly, the performance of our Group may be affected in the future by developments in that customer's turbocharger strategy and by trends in turbocharger adoption resulting from emissions regulations and other factors.」

    The risk of dependence on the specific customer's turbocharger strategy and on emissions regulations and trends in turbocharger adoption continues to be disclosed in the same form.
  8. FY2017RestatedAnnual report

    「The customers for turbocharger components in the Assembly Business are concentrated in a specific customer. Accordingly, the performance of our Group may be affected in the future by developments in that customer's turbocharger strategy and by trends in turbocharger adoption resulting from emissions regulations and other factors.」

    The risk of being affected by the specific customer's turbocharger strategy and by emissions regulations and trends in turbocharger adoption continues to be disclosed in the same form as previously.
  9. FY2016First statedAnnual report

    「The customers for turbocharger components in the Assembly Business are concentrated in a specific customer. Accordingly, the performance of our Group may be affected in the future by developments in that customer's turbocharger strategy and by trends in turbocharger adoption resulting from emissions regulations and other factors.」

    The disclosure indicates that sales of turbocharger components in the Assembly Business are concentrated in a specific customer and may be affected by the customer's strategy and emissions regulations.
Moved together

"Deteriorating profitability and declining earnings in the assembly business" moved the same way as this thread, in the same document, in 4 of its 9 moves.

444332★123456
  1. ★This thread
  2. 1Deteriorating profitability and declining earnings in the assembly business4×
  3. 2Uncertainty Regarding the Recoverability of Deferred Tax Assets4×
  4. 3External environment risks, including emerging-market economic slowdown and foreign-exchange fluctuations4×
  5. 4High Dependence on the Automotive Industry3×
  6. 5Risk of Surging Raw Material and Component Prices and Procurement Disruptions3×
  7. 6Interest-Bearing Debt and Exposure to Rising Interest Rates2×

★ 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
Nichidai's next results are scheduled for 2026-11-02. Read the earnings preview
News
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