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Copa Corporation (7689) · RiskFluctuations in Dependence on Key Customers

Dependence on specific customers

First written in FY2020. 2 of 7 entries say "Reframed", first in FY2022. Latest entry: FY2026.

7entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020ReframedFY2021 – FY2023WorsenedFY2024 – FY20252020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Dependence on Specific Customers for RevenueA theme 90 companies write about · 90 as a headwind · 0 as a tailwind

Copa Corporation moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).

The whole theme swung hardest in 2025: 22 of 67 companies on the "Worse" side.

26 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 90 companies compared. The sentences above are computed from all 90.
Full recordFilings, disclosures and news, newest first
  1. FY2026Fluctuations in Dependence on Key CustomersAnnual report

    「For the fiscal year ended February 2026, 24.7% of sales were to ジュピターショップチャンネル株式会社 and 17.4% to アマゾンジャパン合同会社.」

    Dependence on ジュピターショップチャンネル株式会社 increased from 23.4% to 24.7%, while dependence on アマゾンジャパン合同会社 declined from 22.1% to 17.4%. Dependence on major customers has changed.
  2. FY2025WorsenedAnnual report

    「For the fiscal year ended February 2025, 23.4% of sales were to ジュピターショップチャンネル株式会社 and 22.1% to アマゾンジャパン合同会社.」

    Dependence on particular customers increased from 18.7% for ジュピターショップチャンネル株式会社 and 17.3% for アマゾンジャパン合同会社 in the previous fiscal year to 23.4% and 22.1%, respectively.
  3. FY2024WorsenedAnnual report

    「For the fiscal year ended February 2024, 18.7% of sales were to ジュピターショップチャンネル株式会社 and 17.3% to アマゾンジャパン合同会社. The relationship between both companies and the Company is good, and the Company will continue to work actively to improve quality and planning capabilities, maintain stable business, and develop new sales channels.」

    Two particular customers were identified: ジュピターショップチャンネル株式会社 at 18.7% and アマゾンジャパン合同会社 at 17.3%. Dependence increased from 13.5% on アマゾンジャパン合同会社 in the previous fiscal year.
  4. FY2023ReframedAnnual report

    「For the fiscal year ended February 2023, 13.5% of sales were to アマゾンジャパン合同会社. The relationship between アマゾンジャパン合同会社 and the Company is good, and the Company will continue to work actively to improve quality and planning capabilities, maintain stable business, and develop new sales channels.」

    The customer identified as a major customer changed from ジュピターショップチャンネル株式会社 in the previous fiscal year to アマゾンジャパン合同会社, and dependence on that customer was reported at 13.5%.
  5. FY2022ReframedAnnual report

    「For the fiscal year ended February 2022, 14.4% of sales were to ジュピターショップチャンネル株式会社. The relationship between ジュピターショップチャンネル株式会社 and the Company is good, and the Company will continue to work actively to improve quality and planning capabilities, maintain stable business, and develop new sales channels.」

    The customer identified as a major customer changed from 株式会社ロッピングライフ to ジュピターショップチャンネル株式会社, and dependence on that customer was reported at 14.4%.
  6. FY2021SoftenedAnnual report

    「For the fiscal year ended March 2021, 13.6% of sales were to 株式会社ロッピングライフ. The relationship between 株式会社ロッピングライフ and the Company is good, and the Company will continue to work actively to improve quality and planning capabilities, maintain stable business, and develop new sales channels.」

    Dependence on a particular customer declined from 15.5% to 13.6%. The Company also states that it will maintain stable business and develop new sales channels.
  7. FY2020First statedAnnual report

    「For the fiscal year ended March 2020, 15.5% of sales were to 株式会社ロッピングライフ.」

    The Company identifies as risks the impact of changes in its transaction policy with a particular customer and refusal to renew or termination of contracts.
Moved together

"Challenging Operating Environment Due to Rising Labor and Logistics Costs" moved the same way as this thread, in the same document, in 2 of its 7 moves.

2222★1234
  1. ★This thread
  2. 1Challenging Operating Environment Due to Rising Labor and Logistics Costs2×
  3. 2Demand decline due to an economic downturn and weaker consumer sentiment2×
  4. 3Dependence on a Specific Supplier2×
  5. 4Poor sales of summer products due to adverse weather conditions2×

★ 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 Copa Corporation yet.
News
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Dependence on specific customers | Copa Corporation Inc. (7689) | Komori