Komori
Miyairi Valve Mfg. (6495) · RiskMitigated

Dependence on Sales to the Top 2 Customers

First written in FY2016. 8 of 11 entries say "Mitigated", first in FY2017. Latest entry: FY2026.

11entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2019 – FY2022MitigatedFY2024 – FY20262016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Sales concentration and dependence on specific major customersA theme 196 companies write about · 205 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.

39 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 191 companies compared. The sentences above are computed from all 191.Comparing 200 of the theme's 206 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「28.5% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 28.9% in the previous fiscal year to 28.5%, but customer concentration risk remains.
  2. FY2025MitigatedAnnual report

    「28.9% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 29.3% in the previous fiscal year to 28.9%, but customer concentration risk remains.
  3. FY2024MitigatedAnnual report

    「29.3% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 29.5% in the previous fiscal year to 29.3%, but customer concentration risk remains.
  4. FY2023WorsenedAnnual report

    「29.5% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers increased from 28.1% in the previous fiscal year to 29.5%.
  5. FY2022MitigatedAnnual report

    「28.1% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 28.8% in the previous fiscal year to 28.1%. Customer concentration risk itself remains.
  6. FY2021MitigatedAnnual report

    「24.9% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 28.8% in the previous fiscal year to 24.9%. Customer concentration risk itself remains.
  7. FY2020MitigatedAnnual report

    「28.8% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 29.6% in the previous fiscal year to 28.8%. Customer concentration risk itself remains.
  8. FY2019MitigatedAnnual report

    「29.6% of our sales is concentrated among our top 3 customers, and their sales trends, operating results and financial condition, among other factors, may adversely affect our financial condition and operating results.」

    The concentration of sales among the top 3 customers declined from 32.8% in the previous fiscal year to 29.6%. Customer concentration risk itself remains.
  9. FY2018WorsenedAnnual report

    「The Company's transactions are concentrated among its top 3 customers, which account for 32.8% of net sales, and sales trends, operating results and financial condition of these customers may adversely affect the Company's financial condition and operating results.」

    The disclosure has changed from concentration in the top 2 companies to concentration in the top 3 companies, representing 32.8% of sales, with the parties relied upon and the percentage disclosed.
  10. FY2017MitigatedAnnual report

    「The Company's transactions are concentrated among its top 2 customers, which account for 21.6% of net sales,」

    The concentration of net sales among the top 2 customers declined from the previously reported 22.6% to 21.6%.
  11. FY2016First statedAnnual report

    「The Company's transactions are concentrated among its top 2 customers, which account for 22.6% of net sales,」

    Customer concentration risk, with the top 2 customers accounting for 22.6% of net sales. No specific adverse impact was disclosed.
Moved together

"Capital Investment to Rationalize Production Facilities and Reduce Costs" moved the same way as this thread, in the same document, in 7 of its 11 moves.

777666★123456
  1. ★This thread
  2. 1Capital Investment to Rationalize Production Facilities and Reduce Costs7×
  3. 2Cost Reduction Through Production Leveling and In-House Component Production7×
  4. 3Entry into New Business Fields Including Food Processing, Fruit Cultivation and Agritourism Farms7×
  5. 4Developing the LNG Valve Market6×
  6. 5Development of LNG-related valves in anticipation of expanding LNG demand6×
  7. 6Research and development of food processing equipment, including wine filtration equipment6×

★ 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 Miyairi Valve Mfg. yet.
News
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