Komori
Nec (6701) · RiskMitigated

High reliance on domestic customers for sales

First written in FY2016. 3 of 6 entries say "Mitigated", first in FY2018. Latest entry: FY2023.

6entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017MitigatedFY2018WorsenedFY2019MitigatedFY2022 – FY20232016: 120162017: 120172018: 120182019: 120192020: 020202021: 020212022: 120222023: 12023
Same theme, other companies
Concentration of Sales in the Domestic MarketA theme 29 companies write about · 28 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 4 of 17 companies on the "Worse" side.

1 other company's 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 29 companies compared. The sentences above are computed from all 29.
Full recordFilings, disclosures and news, newest first
  1. FY2023MitigatedAnnual report

    「Sales to domestic customers accounted for 73.0% of consolidated revenue of the NEC Group in the current consolidated fiscal year.」

    The proportion of sales to domestic customers declined from 75.0% in the previous fiscal year to 73.0%. However, dependence on the domestic market continues to be identified as a risk.
  2. FY2022MitigatedAnnual report

    「Sales to domestic customers accounted for 75.0% of consolidated revenue of the NEC Group in the current consolidated fiscal year.」

    The proportion of sales to domestic customers declined from the previous year's level to 75.0%. However, dependence on the domestic market continues to be identified as a key risk.
  3. FY2019WorsenedAnnual report

    「Sales to domestic customers accounted for 76.3% of consolidated revenue of the NEC Group in the fiscal year ended March 2019.」

    The proportion of sales to domestic customers rose from 74.0% in the previous fiscal year to 76.3%, and dependence on the domestic market increased again.
  4. FY2018MitigatedAnnual report

    「Sales to domestic customers accounted for 74.0% of consolidated revenue of the NEC Group in the fiscal year ended March 2018.」

    Dependence on domestic customers declined from 78.6% in the previous fiscal year to 74.0%, but dependence on the domestic market continues to be identified as a key risk.
  5. FY2017RestatedAnnual report

    「Sales to domestic customers accounted for 78.6% of consolidated revenue of the NEC Group in the fiscal year ended March 2017.」

    The company continues to disclose its 78.6% dependence on domestic customers for revenue.
  6. FY2016First statedAnnual report

    「Sales to domestic customers accounted for 78.6% of consolidated sales of the NEC Group in the fiscal year ended March 2016. A deterioration in Japan's economic conditions could have a material adverse effect on the NEC Group's operating results and financial condition.」

    Disclosed that sales to domestic customers accounted for 78.6% of sales, identifying a deterioration in the Japanese economy as a risk.
Moved together

"Building a Stable Financial Foundation" moved the same way as this thread, in the same document, in 4 of its 6 moves.

433333★123456
  1. ★This thread
  2. 1Building a Stable Financial Foundation4×
  3. 2Creating Value Through Big Data, IoT and AI3×
  4. 3Research and Development of Data Science and ICT Platforms3×
  5. 4Returning to a Growth Trajectory and Concentrating Resources on Priority Businesses3×
  6. 5Funding Environment and Liquidity Risk3×
  7. 6Thorough Compliance and Internal Controls3×

★ 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
Nec's next results are scheduled for 2026-10-28. Read the earnings preview
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High reliance on domestic customers for sales | NEC Corporation (6701) | Komori