Risk of reliance on specific brands and products
First written in FY2018. 5 of 15 entries say "Softened", first in FY2024-Q1. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1SoftenedAnnual report
「ReFa brand 17,190 11,688 21,255 163 50,296 SIXPAD brand 4,440 1,359 1,618 18 7,436 Other (Note 2) 2,635 1,431 884 3,838 8,790 Revenue from contracts with customers 24,265 14,479 23,758 4,019 66,523」
Combined revenue from ReFa and SIXPAD during the interim consolidated accounting period was ¥57,732 million, or approximately 86.8% of the total ¥66,523 million. Concentration declined from approximately 88.2% in the previous fiscal year, but dependence on the two brands remained high. - FY2025SoftenedAnnual report
「ReFa brand 27,755 19,699 25,062 316 － 2 72,836 SIXPAD brand 8,365 2,146 3,690 60 － 28 14,292 Revenue from contracts with customers 37,791 24,757 30,387 1,471 539 3,863 98,810」
Combined revenue from ReFa and SIXPAD was ¥87,128 million, or approximately 88.2% of the total. Concentration declined from approximately 90.0% in the previous fiscal year but remained high. - FY2024SoftenedAnnual report
「ReFa brand 20,612 14,477 15,772 595 － 3 51,459 SIXPAD brand 7,751 2,728 2,651 9 － 81 13,222 Revenue from contracts with customers 29,181 19,190 19,517 1,666 203 2,107 71,865」
According to the figures in the table, combined revenue from ReFa and SIXPAD was ¥64,681 million, or approximately 90.0% of the total. Concentration declined from approximately 92.1% in the previous fiscal year but remained high. - FY2024-Q2SoftenedAnnual report
「ReFa brand 9,395 7,462 6,943 250 － 0 24,051 SIXPAD brand 2,999 1,373 1,047 3 － 72 5,495 Other (Note 2) 473 819 521 457 111 806 3,189 Revenue from contracts with customers 12,867 9,654 8,511 711 111 879 32,736」
The combined revenue of ReFa and SIXPAD was ¥29,546 million, or approximately 90.3% of the ¥32,736 million in revenue from contracts with customers. Although this was down from approximately 91.7% in the same period of the previous year, high concentration in the two brands continued. - FY2024-Q1SoftenedAnnual report
「ReFa brand 4,779 4,128 3,543 115 － 5 12,573 SIXPAD brand 1,482 727 603 2 － 28 2,844 Revenue from contracts with customers 6,457 5,247 4,470 350 56 492 17,075」
Of the ¥17,075 million in revenue from contracts with customers in the first-quarter cumulative period, ReFa accounted for ¥12,573 million and SIXPAD for ¥2,844 million. Based on the figures in the table, the two brands together accounted for approximately 90.3%. Although this was slightly below approximately 91.4% in the same period of the previous year, concentration remained high. - FY2023WorsenedAnnual report
「The Company is actively developing a broad range of brands and products centered on ReFa and SIXPAD, thereby adding more core brands and products and seeking to reduce dependence on specific brands and products. However, in the current consolidated fiscal year, the ReFa and SIXPAD brands accounted for most of revenue (revenue composition: ReFa brand 70.2%, SIXPAD brand 21.9%),」
The combined revenue composition of ReFa and SIXPAD was 92.1%, up from the previous fiscal year's combined 91.8%. - FY2023-Q3Quarterly brand concentration remains at a high levelAnnual report
「ReFa brand 13,943 8,192 7,743 521 － 26 30,427 SIXPAD brand 4,687 2,370 1,821 53 － 216 9,150 Other (Note 2) 308 937 751 471 148 909 3,527 Revenue from contracts with customers 18,940 11,499 10,316 1,046 148 1,153 43,105」
Of the ¥43,105 million in revenue from contracts with customers, ReFa accounted for ¥30,427 million and SIXPAD for ¥9,150 million, bringing the two brands' combined share to approximately 91.8%. Concentration remained high, edging up from approximately 91.7% in the previous quarter's cumulative period. - FY2023-Q2Quarterly brand concentration remains high, with a slight increaseAnnual report
「ReFa brand 8,714 5,637 5,006 449 － 24 19,831 SIXPAD brand 2,778 1,647 1,107 27 － 127 5,688 Revenue from contracts with customers 11,723 7,933 6,606 744 82 734 27,823」
Of the ¥27,823 million in revenue from contracts with customers in the second-quarter cumulative period, ReFa accounted for ¥19,831 million and SIXPAD for ¥5,688 million. The two brands together accounted for approximately 91.7%, a slight increase in concentration from approximately 91.4% in the previous quarter's cumulative period. - FY2023-Q1Quarterly brand concentration remains highAnnual report
「ReFa brand 4,317 3,249 2,548 145 － 6 10,267 SIXPAD brand 1,649 847 699 24 － 66 3,287 Other 154 373 227 240 37 248 1,281 Revenue from contracts with customers 6,121 4,470 3,476 410 37 320 14,837」
Of the ¥14,837 million in revenue from contracts with customers in the first-quarter cumulative period, ReFa accounted for ¥10,267 million and SIXPAD for ¥3,287 million. The Company disclosed concentration of approximately 91.4% in the two brands combined. - FY2022WorsenedAnnual report
「However, in the current consolidated fiscal year, the ReFa and SIXPAD brands accounted for most of revenue (revenue composition: ReFa brand 60.5%, SIXPAD brand 31.3%). In addition, because business activities aimed at adding more core brands and products inherently involve uncertainty arising from various factors, failure to achieve the initially intended results may adversely affect the financial condition, operating results and other aspects of the Group.」
The combined revenue composition of ReFa and SIXPAD was 91.8%, up from 83.9% in the previous fiscal year. - FY2022-Q3Cumulative quarterly brand concentration increasedAnnual report
「ReFa brand 8,739 6,194 4,846 649 － 0 4 20,434 SIXPAD brand 6,327 1,299 2,293 130 － 948 0 10,999 Revenue from contracts with customers 15,708 8,014 7,658 1,480 147 948 748 34,706」
Of the ¥34,706 million in revenue from contracts with customers, the ReFa brand accounted for ¥20,434 million and the SIXPAD brand for ¥10,999 million. The Company disclosed cumulative quarterly concentration of approximately 90.6% in the two brands combined. - FY2022-Q2Disclosure of cumulative quarterly brand concentrationAnnual report
「ReFa brand 5,251 4,440 3,285 461 - 0 1 13,439 SIXPAD brand 3,759 790 1,535 119 - 627 0 6,833 Revenue from contracts with customers 9,550 5,583 5,264 1,095 123 627 502 22,748」
Of the ¥22,748 million in revenue from contracts with customers, the ReFa brand accounted for ¥13,439 million and the SIXPAD brand for ¥6,833 million. Based on the figures in the table, the Company disclosed that the two brands accounted for approximately 89.1% of cumulative quarterly revenue. - FY2021WorsenedAnnual report
「However, in the current consolidated fiscal year, the ReFa and SIXPAD brands accounted for most of revenue (revenue composition: ReFa brand 51.2%, SIXPAD brand 32.7%). In addition, because business activities aimed at adding more core brands and products inherently involve uncertainty arising from various factors, failure to achieve the initially intended results may adversely affect the financial condition, operating results and other aspects of the Group.」
The combined revenue composition of ReFa and SIXPAD was 83.9%, up from the previous fiscal year's combined 79.8%. Revenue concentration in specific brands increased further. - FY2020WorsenedAnnual report
「In the current consolidated fiscal year, the ReFa and SIXPAD brands accounted for most of revenue (revenue composition: ReFa brand 39.0%, SIXPAD brand 40.8%). In addition, because business activities aimed at adding more core brands and products inherently involve uncertainty arising from various factors, failure to achieve the initially intended results may adversely affect the financial condition, operating results and other aspects of the Group.」
The combined revenue composition of ReFa and SIXPAD was 79.8%, up from 77.6% in the previous fiscal year. The composition shifted from being centered on ReFa to giving greater weight to SIXPAD. - FY2018First statedAnnual report
「In the 23rd fiscal year, the ReFa and SIXPAD brands accounted for most of revenue (revenue composition: ReFa brand 53.0%, SIXPAD brand 24.6%). In addition, because business activities aimed at adding more core brands and products inherently involve uncertainty arising from various factors, failure to achieve the initially intended results may adversely affect the financial condition, operating results and other aspects of the Group.」
The Company quantified the concentration of revenue in ReFa and SIXPAD at 53.0% and 24.6%, respectively, and described its policy of reducing dependence by building a broader portfolio of brands.