Impact on Results and Financial Position of Concentrated Sales to Major Customers
First written in FY2018. 18 of 19 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 22 of 69 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Yamaha Motor Co.,Ltd. 7,865,863 12.6 SUZUKI MOTOR CORPORATION 7,342,647 11.8 SHIMANO INC. (Note 3) 6,420,549 10.3」
The sales ratios of the top 3 customers were Yamaha Motor Co.,Ltd. 12.6%, SUZUKI MOTOR CORPORATION 11.8%, and SHIMANO INC. 10.3%, and the risk from concentration of sales to major customers continues to be disclosed. - FY2024RestatedAnnual report
「As stated in “II. Business Overview, 4. Analysis of Financial Position, Operating Results and Cash Flows by Management, (1) Overview of Operating Results and Other Matters, ③ Production, Orders Received and Sales Results, (c) Sales Results,” the proportion of sales accounted for by the Group’s top 2 customers means that changes in sales to major customers or in transaction terms and conditions could have a significant impact on the Group’s operating results and financial position.」
The risk from concentration of sales to major customers continues to be disclosed. For the fiscal year ended March 2024, the sales ratios of major customers were Yamaha Motor Co.,Ltd. 13.1% and SUZUKI MOTOR CORPORATION 11.6%. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2024-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2022RestatedAnnual report
「As stated in “II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows by Management, (1) Overview of Operating Results and Other Matters, ③ Production, Orders Received and Sales Results, (c) Sales Results,” the proportion of sales accounted for by the Group’s top 2 customers means that changes in sales to major customers or in transaction terms and conditions could have a significant impact on the Group’s operating results and financial position.」
The risk from concentration of sales to major customers continues to be disclosed. As countermeasures, the Group is actively developing new customers and own-brand products. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. This disclosure does not quantify the risk or indicate that it has actually materialised. - FY2021RestatedAnnual report
「The proportion of sales accounted for by the Group’s top 2 customers means that changes in sales to major customers or in transaction terms and conditions could have a significant impact on the Group’s operating results and financial position. To strengthen the Group’s ability to respond, we are actively developing new customers and products that can be sold under our own brands.」
The risk from concentration of sales to major customers continues to be disclosed, with the development of own-brand products identified as a countermeasure in addition to the existing development of new customers. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2019RestatedAnnual report
「As stated in “II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows by Management, (1) Overview of Operating Results and Other Matters, ③ Production, Orders Received and Sales Results, (c) Sales Results,” the proportion of sales accounted for by the Group’s top 3 customers means that changes in sales to major customers or in transaction terms and conditions could have a significant impact on the Group’s operating results and financial position. We are actively developing new customers to strengthen the Group’s ability to respond.」
The risk from concentration of sales to major customers continues to be disclosed, and the Group is stepping up efforts to develop new customers as a countermeasure. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of the risk from concentration of sales to major customers remains unchanged, with no new occurrence or material change. - FY2018First statedAnnual report
「As stated in “II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows by Management, ③ Production, Orders Received and Sales Results, (c) Sales Results,” the proportion of sales accounted for by the Group’s top 3 customers means that changes in sales to major customers or in transaction terms and conditions could have a significant impact on the Group’s operating results and financial position.」
The concentration of sales to major customers is disclosed separately as a risk for the first time. The sales ratios of the top 3 customers in the current fiscal year were Panasonic 16.7%, Yamaha Motor Co.,Ltd. 13.1%, and SUZUKI MOTOR CORPORATION 12.1%.