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Oxide (6521) · RiskWorsenedLatest Management Plan (2026-05-28): "Restated"

Dependence on specific business partners

First written in FY2021. 8 of 13 entries say "Restated". Latest entry: 2026-05-28.

13entries
6years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY2022-Q3RestatedFY2023-Q1 – FY2023-Q3RestatedFY2025-Q1 – FY2025-H12021: 120212022: 420222023: 120232024: 320242025: 220252026: 22026
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

Oxide moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).

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

23 other companies' latest entry also says "Restated".

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. 2026-05-28RestatedManagement Plan

    「Sales to 6 specific customers accounted for 66%.」

    The company reiterated that 66% of sales were concentrated among 6 specific customers, indicating high dependence and pointing to diversification through expansion into quantum, data centers, back-end processing, and additional regions.
  2. FY2026WorsenedAnnual report

    「The Group had more than 300 customers in the fiscal year ended February 2026, but sales to 6 specified customers accounted for 66% of total sales.」

    Sales concentration among the 6 specified customers rose from approximately 65% to 66%, indicating a slight deterioration in dependence. The company is addressing this through diversification across quantum and data-center applications, back-end process applications and sales regions.
  3. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no new occurrence or material change in its dependence on sales to specific customers.
  4. FY2025MitigatedAnnual report

    「The Group had more than 300 customers in the fiscal year ended February 2025, but sales to 6 specified customers accounted for approximately 65% of total sales.」

    Sales concentration among the 6 specified customers was approximately 65%, down a further 2 percentage points from the previous fiscal year. The company continues to address this through creating markets for new applications, entering markets and developing new customers.
  5. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no new occurrence or material change in its dependence on sales to specific customers.
  6. FY2025-Q1RestatedAnnual report

    「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no new occurrence or material change in its dependence on sales to specific customers.
  7. FY2024MitigatedAnnual report

    「The Group had more than 300 customers in the fiscal year ended February 2024, but sales to 6 specified customers accounted for approximately 70% of total sales. … The proportion of sales attributable to the 6 specified customers in the fiscal year ended February 2024 decreased by 18.0 percentage points from the previous fiscal year.」

    Sales concentration among the 6 specified customers declined to approximately 70%, down 18.0 percentage points year on year.
  8. FY2023-Q3RestatedAnnual report

    「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」

    The company stated that there had been no new occurrence or material change in its dependence on sales to specific customers.
  9. FY2023-Q2RestatedAnnual report

    「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」

    The company stated that there had been no new occurrence or material change in its dependence on sales to specific customers.
  10. FY2023-Q1RestatedAnnual report

    「During the three months ended March, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」

    The company stated that there had been no new occurrence or material change in its dependence on sales to specific customers.
  11. FY2022WorsenedAnnual report

    「The company had more than 120 customers in the fiscal years ended February 2021 and February 2022, but sales to 6 specified customers accounted for more than 80% of total sales. … The proportion of sales attributable to the 6 specified customers in the fiscal year ended February 2022 increased by 1.8 percentage points from the previous fiscal year.」

    Sales concentration among the 6 specified customers exceeded 80%, up 1.8 percentage points year on year.
  12. FY2022-Q3RestatedAnnual report

    「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」

    The company maintains its previous risk assessment regarding dependence on sales to specific customers, stating that there has been no new occurrence or material change.
  13. FY2021First statedAnnual report

    「Of these, sales to 6 specified customers accounted for more than 75% and more than 80% in the fiscal years ended February 2020 and February 2021, respectively.」

    The company recognizes the concentration of sales among 6 customers as a risk that could lead to an imbalance in performance, and says it will mitigate this through new applications, market entry and new customer development.
Moved together

"Product expansion from upstream to downstream based on single crystals, and technology and business acquisitions" moved the same way as this thread, in the same document, in 3 of its 13 moves.

332222★123456
  1. ★This thread
  2. 1Product expansion from upstream to downstream based on single crystals, and technology and business acquisitions3×
  3. 2Commencement of preparation of consolidated financial statements following the acquisition of Raicol3×
  4. 3Expansion of production capacity, R&D capabilities and IT infrastructure2×
  5. 4Longer procurement lead times due to shortages of parts and raw materials2×
  6. 5Engineer Recruitment and Talent Development2×
  7. 6Risk Management, Whistleblowing and Three-Way Audit Framework2×

★ 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 Oxide yet. It last moved in the Management Plan of 2026-05-28: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on specific business partners | OXIDE Corporation (6521) | Komori