Revenue dependence on Dancing Stone
First written in FY2017. 9 of 18 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 48 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The ratio was 27.2% of total revenue based on actual results for the fiscal year ended July 2026.」
Revenue dependence on Dancing Stone-related sales declined from 35.9% in the previous fiscal year to 27.2%. Some dependence remains, but product diversification into tennis chains, EXL-LOCK and Single Dancing Stone, among others, is progressing. - FY2025MitigatedAnnual report
「The ratio was 35.9% of total revenue based on actual results for the fiscal year ended July 2025.」
Revenue dependence on Dancing Stone-related sales declined from 47.5% in the previous fiscal year to 35.9%, representing a further reduction in dependence. However, they still account for approximately one-third of revenue. - FY2024MitigatedAnnual report
「The ratio was 47.5% of total revenue based on actual results for the fiscal year ended July 2024.」
Revenue dependence on Dancing Stone-related sales declined from 48.9% in the previous fiscal year to 47.5%. However, they still account for approximately half of revenue. - FY2024-Q2MaterialisedAnnual report
「Domestic revenue was affected by weak sales at major mail-order channel operators and large retailers, the Company's main customers, and sales of Dancing Stone products remained sluggish. Although the Company sought to expand sales through other channels and products, it was unable to recover the shortfall.」
In relation to dependence on Dancing Stone, weak sales at major domestic mail-order channel operators and large retailers actually appeared as sluggish sales of those products, and expanded sales through other channels and products could not offset the decline. - FY2023MitigatedAnnual report
「The ratio was 48.9% of total revenue based on actual results for the fiscal year ended July 2023.」
Revenue dependence on Dancing Stone-related sales declined from 62.5% in the previous fiscal year to 48.9%, representing a further reduction in dependence. However, they still account for approximately half of revenue. - FY2022MitigatedAnnual report
「The ratio was 62.5% of total revenue based on actual results for the fiscal year ended July 2022.」
Revenue dependence on Dancing Stone-related sales declined from 71.5% in the previous fiscal year to 62.5%, representing a further reduction in dependence. However, they still account for more than half of revenue. - FY2022-Q3RestatedAnnual report
「In Japan, the company also added the Star Series, a new product using patented technology and following the existing core products “Dancing Stone” and “Tennis Chain,” and “Single Dancing Stone,” which applies Dancing Stone technology, to its new lineup」
Although new products have been added to the lineup, the Company remains primarily focused on Dancing Stone and tennis chains. No new figure for dependence on Dancing Stone has been provided. - FY2022-Q1MaterialisedAnnual report
「However, as existing customers held back on purchases because the timing of the end of the COVID-19 pandemic could not be foreseen, sales of Dancing Stone, the core product, fell well below the previous fiscal year-end level, resulting in domestic revenue of ¥391.916 million.」
While the Company remained dependent on Dancing Stone, the impact of sales of the core product falling well below the previous fiscal year-end level due to existing customers holding back on purchases actually occurred. - FY2021MitigatedAnnual report
「The ratio was 71.5% of total revenue based on actual results for the fiscal year ended July 2021.」
Revenue dependence on Dancing Stone-related sales declined from 81.4% in the previous fiscal year to 71.5%. However, the Company remains dependent on the product, which still accounts for more than half of revenue. - FY2020MitigatedAnnual report
「The Company depends to a large extent on sales of products and parts using Dancing Stone, which accounted for 81.4% of total revenue based on actual results for the fiscal year ended July 2020.」
Revenue dependence on Dancing Stone-related sales declined from 89.0% in the previous fiscal year to 81.4%, but they still account for the majority of revenue. - FY2020-Q3MaterialisedAnnual report
「Against this backdrop, our group was also unable to avoid the impact of the shrinking market, and sales of each product, including our core product “Dancing Stone” (*1), remained sluggish.」
Under a business structure centred on Dancing Stone, sluggish sales of each product, including the core product, actually occurred as the market contracted. - FY2020-Q2RestatedAnnual report
「Although the Company carried out these activities, domestic revenue was ¥1,043.903 million, as the decline in sales caused by customers holding back on purchases in response to market conditions could not be offset for Dancing Stone products.」
Although the Company is advancing new products and sales initiatives, the decline in sales caused by customers holding back on purchases has continued while the Company remains dependent on Dancing Stone products. - FY2020-Q1MaterialisedAnnual report
「In Japan, revenue from Dancing Stone products was ¥485.277 million, as the decline in sales caused by customers holding back on purchases could not be offset.」
While the Company remained dependent on Dancing Stone products, the decline in sales caused by customers holding back on purchases materialised, with the dependency risk resulting in an actual decline in revenue. - FY2019MitigatedAnnual report
「The Group's performance depends to a large extent on sales of products and parts using Dancing Stone, a gemstone movement mechanism developed and patented by the Company, and this accounted for 89.0% of total revenue based on actual results for the fiscal year ended July 2019.」
Revenue dependence on Dancing Stone-related sales declined from 95.9% in the previous fiscal year to 89.0%, but they still account for the majority of revenue. - FY2019-Q3RestatedAnnual report
「The Group has been focusing primarily on products using Dancing Stone (*1),」
Although the Group has launched new products such as EZ Clasp and tennis bracelets, it remains primarily focused on products using Dancing Stone. - FY2019-Q1RestatedAnnual report
「The Group has been introducing products using Dancing Stone (*) as its main focus,」
Although the Group has launched new products, it remains primarily focused on products using Dancing Stone. No new dependency ratio has been provided. - FY2018MitigatedAnnual report
「The ratio was 95.9% of total revenue based on actual results for the fiscal year ended July 2018.」
Revenue dependence on Dancing Stone-related products and parts declined from 96.7% in the previous fiscal year to 95.9%, but they still account for the majority of revenue. - FY2017First statedAnnual report
「The performance of the group depends largely on the sale of products and parts using Dancing Stone, a mechanism developed and patented by the company that causes gemstones to sway. Such sales accounted for 96.7% of total net sales in the fiscal year ended July 2017.」
Sales of products and parts using the company's core technology accounted for 96.7% of net sales, and the company stated that a decline in demand could affect its performance.