Dependence on a Single Supplier for Titanium-Aluminum Materials
First written in FY2023. 6 of 12 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 15 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「During the current consolidated fiscal year, we entered into an agreement with SAFRAN concerning the supply of new materials and the expansion of our market share.」
Although dependence on 1 European company remains, the new-material supply agreement, completion of the laboratory building and first domestic testing and evaluation accreditation have advanced the response to supplier concentration to the concrete mass-production preparation stage. - FY2026-H1MitigatedAnnual report
「The supply of material for titanium-aluminide blades depends solely on 1 European company, and this dependence represented a business risk. To address this risk and expand earnings, we have spent several years developing new materials while aiming to establish a vertically integrated structure covering material supply through processing.」
Although dependence on 1 European company remains, the response has advanced to the concrete stage of preparing mass-production supply of new materials and establishing a vertically integrated structure covering material supply through processing. - FY2025MitigatedAnnual report
「We have been developing new materials to minimize the impact of material supply, and as mass production became feasible, we plan to begin gradually supplying our own new materials from the fiscal year ending June 2027. By mass-producing new materials in-house, we aim to avoid material supply risk.」
Dependence on 1 European company remains, but the plan to begin supplying in-house new materials from the fiscal year ending June 2027 has become concrete, advancing the response to supply risk. - FY2025-H1RestatedAnnual report
「Customer evaluations of our development of new materials to move away from dependence on a single material supplier were favorable, so we further strengthened our development structure.」
Dependence on a single material supplier continues, and strengthening new-material development is the response. No elimination of dependence or supplier diversification was reported. - FY2024RestatedAnnual report
「There is currently only 1 overseas material manufacturer. We are developing materials in order to be selected as a new material procurement source.」
Dependence on 1 material supplier continues, with the company continuing to respond through new-material development, direct purchasing and requests for surplus material supplies. - FY2024-Q3RestatedAnnual report
「With respect to the new titanium-aluminide blade materials we are developing, customer evaluations were favorable as development progressed, and we newly received an order for contract development work and recognized part of the revenue.」
The company continued to report customer evaluations and contract orders for new-material development as a response to single-supplier dependence. Supplier diversification or completion of the shift away from dependence was not reported. - FY2024-Q2RestatedAnnual report
「With respect to the new titanium-aluminide blade materials we are developing, customer evaluations were favorable as development progressed, and we newly received an order for contract work to advance development of these and other new materials.」
New-material development, the response to dependence on a single supplier, progressed to favorable customer evaluations and a contract order, but supplier diversification or completion of the shift away from dependence was not reported. - FY2024-Q1RestatedAnnual report
「We also focused on developing new materials to move away from dependence on a single material supplier.」
Dependence on a single material supplier remains recognized, and the company continues to address it through new-material development. Completion of the shift away from dependence or diversification of suppliers was not reported. - FY2023First statedAnnual report
「The material for our titanium-aluminide blades is supplied free of charge by our customer, French SAFRAN. Accordingly, material inflation risk does not directly affect our results, but because of the material’s special characteristics, there is only 1 supplier.」
Material supply delays caused by labor shortages and equipment failures actually affected production volumes to some extent. The company plans to respond by requesting surplus material, purchasing directly and developing new materials.