Dependence on Specific Major Customers
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2022.
Nec moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「Most of the NEC Group's business portfolio consists of businesses serving governments and government-related organizations, and businesses serving large network infrastructure companies, including the NTT Group.」
The risk of dependence on specific customers was reorganized from a description centered on the NTT Group to dependence across the business portfolio, including governments, government-related organizations, and large network infrastructure companies. - FY2017RestatedAnnual report
「If certain major customers, including the NTT Group, which account for a certain proportion of the NEC Group's revenue, reduce their capital expenditures or the value of their transactions with the NEC Group, or change their investment targets, due to serious business or financial problems or for any other reason, this could adversely affect the NEC Group's business, financial results, and financial position.」
The risk of dependence on major customers, including the NTT Group, continues to be disclosed. - FY2016First statedAnnual report
「If certain major customers, including the NTT Group, which account for a certain proportion of the NEC Group's revenue, reduce their capital expenditures or the value of their transactions with the NEC Group, or change their investment targets, due to serious business or financial problems or for any other reason, this could adversely affect the NEC Group's business, financial results, and financial position.」
Revenue from the NTT Group was reported at ¥276,485 million for the fiscal year, representing 9.8% of total revenue.