Komori
Happinet (7552) · RiskWorsened

Reliance on Sales to Amazon Japan

First written in FY2021. 2 of 5 entries say "Worsened", first in FY2022. Latest entry: FY2026.

5entries
6years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2021WorsenedFY2022SoftenedFY2023 – FY20252021: 120212022: 120222023: 120232024: 020242025: 120252026: 12026
Same theme, other companies
Dependence on specific business partnersA theme 36 companies write about · 38 as a headwind · 0 as a tailwind

Happinet moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).

The whole theme swung hardest in 2025: 13 of 25 companies on the "Worse" side.

8 other companies' latest entry also says "Worsened".

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 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Sales to Amazon Japan G.K. totaled ¥62,975 million, and sales to the company accounted for 14.3% of Group sales in the fiscal year ended March 2026.」

    The proportion of sales to Amazon Japan rose from 10.6% in the previous fiscal year to 14.3%, increasing dependence on the customer.
  2. FY2025SoftenedAnnual report

    「Sales to Amazon Japan G.K. totaled ¥43,890 million, and sales to the company accounted for 10.6% of Group sales in the fiscal year ended March 2025.」

    The proportion of sales to Amazon Japan fell from 14.3% in the previous fiscal year to 10.6%, reducing dependence on the customer.
  3. FY2023SoftenedAnnual report

    「Sales to Amazon Japan G.K. totaled ¥43,809 million, and sales to the company accounted for 14.3% of Group sales in the fiscal year ended March 2023.」

    The proportion of sales to Amazon Japan fell from 18.3% in the previous fiscal year to 14.3%, reducing dependence on the customer.
  4. FY2022WorsenedAnnual report

    「Sales to Amazon Japan G.K. during the consolidated fiscal year totaled ¥51,796 million, and sales to the company accounted for 18.3% of Group sales in the fiscal year ended March 2022.」

    The proportion of sales to Amazon Japan rose from 16.9% in the previous fiscal year to 18.3%, increasing dependence on the customer.
  5. FY2021First statedAnnual report

    「Amazon Japan G.K. is an important customer for the Group. Sales to Amazon Japan G.K. during the consolidated fiscal year totaled ¥43,809 million, and sales to the company accounted for a high proportion of Group sales: 16.5% in the fiscal year ended March 2017, 17.4% in the fiscal year ended March 2018, 13.4% in the fiscal year ended March 2019, 14.4% in the fiscal year ended March 2020 and 16.9% in the fiscal year ended March 2021.」

    Sales to Amazon Japan of ¥43,809 million, representing 16.9% of consolidated revenue, were presented separately for the first time as a risk arising from dependence on a major customer.
Moved together

"Challenges facing the toy market due to the declining birthrate and increasingly diverse consumer needs" moved the same way as this thread, in the same document, in 4 of its 5 moves.

433322★123456
  1. ★This thread
  2. 1Challenges facing the toy market due to the declining birthrate and increasingly diverse consumer needs4×
  3. 2Weakness in the packaged market driven by software distribution and smartphone games3×
  4. 3Write-down Loss on Original Toys3×
  5. 4ハピネットファントム・スタジオ's Excess of Liabilities over Assets and One-Time Goodwill Write-Off3×
  6. 5Risk of Excessive Distribution Inventory and Failure to Optimise Inventory Levels2×
  7. 6Risk of Deterioration in Investment Recovery from Business Investments and Corporate Acquisitions2×

★ 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
No upcoming earnings preview for Happinet yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Reliance on Sales to Amazon Japan | HAPPINET CORPORATION (7552) | Komori