Komori
Faltec (7215) · RiskHigher concentration of sales among major customers

Sales Dependence on Nissan Motor and Other Automakers

First written in FY2016. 5 of 14 entries say "Mitigated", first in FY2019. Latest entry: FY2026.

14entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q2 – FY2018MitigatedFY2019 – FY2020MitigatedFY2022 – FY20242016: 220162017: 220172018: 220182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Sales Concentration in Automotive and Construction Equipment Parts and Order VolatilityA theme 23 companies write about · 24 as a headwind · 0 as a tailwind

Faltec moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).

The whole theme swung hardest in 2020: 11 of 21 companies on the "Worse" side.

2 other companies' latest entry also says "Other".

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 23 companies compared. The sentences above are computed from all 23.
Full recordFilings, disclosures and news, newest first
  1. FY2026Higher concentration of sales among major customersAnnual report

    「NISSAN MOTOR CO.,LTD. 15,107 20.6 TOYOTA MOTOR CORPORATION 9,459 12.9」

    The ratio of sales to NISSAN MOTOR CO.,LTD. rose from 20.4% in the previous year to 20.6%, while the ratio for sales to TOYOTA MOTOR CORPORATION rose from 12.3% to 12.9%.
  2. FY2025Changes in the composition of major customersAnnual report

    「NISSAN MOTOR CO.,LTD. 16,119 20.4 TOYOTA MOTOR CORPORATION 9,756 12.3」

    The ratio of sales to NISSAN MOTOR CO.,LTD. rose from 19.9% in the previous year to 20.4%, while sales to TOYOTA MOTOR CORPORATION accounted for 12.3%, disclosing the composition of major customers.
  3. FY2024MitigatedAnnual report

    「NISSAN MOTOR CO.,LTD. 16,296 19.9」

    The ratio of sales to NISSAN MOTOR CO.,LTD. declined from 20.0% in the previous year to 19.9%, slightly reducing dependence on a specific customer.
  4. FY2023MitigatedAnnual report

    「NISSAN MOTOR CO.,LTD. 14,796 20.0」

    The ratio of sales to NISSAN MOTOR CO.,LTD. declined from 21.4% in the previous year to 20.0%, reducing dependence on a specific customer.
  5. FY2022MitigatedAnnual report

    「NISSAN MOTOR CO.,LTD. 16,846 24.1 14,812 21.4」

    The ratio of sales to NISSAN MOTOR CO.,LTD. declined from 24.1% in the previous year to 21.4%, reducing dependence on a specific customer.
  6. FY2021WorsenedAnnual report

    「NISSAN MOTOR CO.,LTD. 16,846 24.1」

    The ratio of sales to NISSAN MOTOR CO.,LTD. rose from 23.8% in the previous year to 24.1%, slightly increasing dependence on a specific customer.
  7. FY2020MitigatedAnnual report

    「NISSAN MOTOR CO.,LTD. 20,290 23.8」

    The ratio of sales to NISSAN MOTOR CO.,LTD. declined from 25.6% in the previous year to 23.8%, reducing dependence on a specific customer.
  8. FY2019MitigatedAnnual report

    「NISSAN MOTOR CO.,LTD. 23,184 25.6 NISSAN SHATAI CO.,LTD. 7,477 8.2」

    The combined ratio of sales to NISSAN MOTOR CO.,LTD. and NISSAN SHATAI CO.,LTD. was 33.8%, down from 36.3% in the previous year.
  9. FY2018WorsenedAnnual report

    「NISSAN MOTOR CO.,LTD. 24,140 27.6 NISSAN SHATAI CO.,LTD. 7,578 8.7」

    The combined ratio of sales to NISSAN MOTOR CO.,LTD. and NISSAN SHATAI CO.,LTD. was 36.3%, up from 35.1% in the previous disclosure.
  10. FY2018-Q3MaterialisedAnnual report

    「Segment profit was ¥215 million, down 47.7% year on year, due mainly to losses resulting from the rapid decline in deliveries to major customers following the issue involving inspections conducted by unqualified personnel.」

    The sharp decline in deliveries to major customers led to a 47.7% year-on-year decline in Japan segment profit, indicating that dependence on major customers affected results.
  11. FY2017WorsenedAnnual report

    「In the fiscal year ended March 2017, sales to NISSAN MOTOR CO.,LTD. and its consolidated subsidiary NISSAN SHATAI CO.,LTD. accounted for 35.1% of Group sales among sales to NISSAN MOTOR CO.,LTD. and other customers.」

    The combined ratio of sales to NISSAN MOTOR CO.,LTD. and NISSAN SHATAI CO.,LTD. rose from 34.8% in the previous disclosure to 35.1%.
  12. FY2017-Q3MaterialisedAnnual report

    「Sales, excluding intersegment sales, were ¥44,650 million, up 0.7% year on year, as increased deliveries of automotive maintenance and inspection equipment and other products more than offset lower sales of automotive exterior parts resulting from reduced domestic demand from major customers.」

    Lower domestic demand from major customers continued to be reflected in declining sales of automotive exterior parts, but increased deliveries of other products resulted in higher sales for the Japan segment as a whole.
  13. FY2017-Q2MaterialisedAnnual report

    「Sales, excluding intersegment sales, were ¥28,229 million, down 2.9% year on year, due to lower domestic demand from major customers.」

    Lower domestic demand from major customers was reflected in an actual decline in Japan segment sales, demonstrating the impact of the risk associated with dependence on major customers.
  14. FY2016First statedAnnual report

    「In the fiscal year ended March 2016, sales to NISSAN MOTOR CO.,LTD. and its consolidated subsidiary NISSAN SHATAI CO.,LTD. accounted for 34.8% of Group sales among sales to NISSAN MOTOR CO.,LTD. and other customers.」

    The policy is to reduce dependence by establishing bases in major markets and pursuing sales to other automakers.
Moved together

"Higher New-Vehicle Launch Costs and Production Stabilization at UK Site" moved the same way as this thread, in the same document, in 7 of its 14 moves.

755544★123456
  1. ★This thread
  2. 1Higher New-Vehicle Launch Costs and Production Stabilization at UK Site7×
  3. 2Transforming the Cost Structure5×
  4. 3Contraction of the Domestic Market and Slowing Automotive Demand5×
  5. 4Expanding production capacity at the Kita-Kanto Plant5×
  6. 5Expansion of Overseas Production Bases, Centered on China and Thailand4×
  7. 6Changes in Borrowing Interest Rates and Exchange Rates4×

★ 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
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News
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