Dependence on Major Customers and Uncertainty Regarding Continuity of Business Relationships
First written in FY2016. 3 of 9 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Eidai Kako moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2017: 12 of 76 companies on the "Worse" side.
62 other companies' latest entry also says "Other".
- FY2026Updated Major-Customer Concentration RatiosAnnual report
「For the fiscal year, sales to major customers as a percentage of total sales were relatively high, at 18.5% for Honda Access Corporation and 17.5% for Suzuki Motor Corporation.」
Honda Access's ratio declined from 23.1% in the previous fiscal year to 18.5%, while Suzuki's increased from 16.7% to 17.5%. The explanation that the continuity of transactions is not guaranteed because there are no long-term contracts or capital ties remains unchanged. - 2026-05-13OtherEarnings
「Honda Access Co., Ltd. 1,703,407 Suzuki Motor Corporation 1,615,847 Marubeni Plax Corporation 904,538」
Net sales from the 3 major customers were updated. No change in the explanation regarding the continuation of these business relationships was identified in this earnings report. - FY2025Updated Major-Customer Concentration RatiosAnnual report
「For the fiscal year, sales to major customers as a percentage of total sales were relatively high, at 23.1% for Honda Access Corporation, 16.7% for Suzuki Motor Corporation, and 10.2% for Marubeni Plax Corporation.」
The sales ratios for the three major customers have been updated. Honda Access accounted for 23.1%, Suzuki for 16.7%, and Marubeni Plax for 10.2%. The explanation that the continuity of transactions is not guaranteed because there are no long-term contracts or capital ties remains unchanged. - FY2021MitigatedAnnual report
「For the fiscal year, sales to major customers as a percentage of total sales were relatively high, at 20.6% for Honda Access Corporation, 15.2% for Suzuki Motor Corporation, and 14.1% for Marubeni Plax Corporation. Although the Group will continue working to secure stable transactions with these customers, there are no long-term contracts or capital ties with them, and the continuity and stability of the transactions are not guaranteed. Accordingly, changes in their business strategies or transaction policies could affect the Group's operating results and financial position.」
The risk of reliance on major customers and the absence of long-term contracts and capital ties remain. Meanwhile, the combined ratio for the three major customers was 49.9%, down from 57.9% for the four customers in the previous fiscal year, while the ratios for Suzuki and Marubeni Plax increased in place of Toyotsu Automotive Creation. The company also describes measures to reduce this risk by expanding sales to other customers. - FY2020WorsenedAnnual report
「For the fiscal year, sales to major customers as a percentage of total sales were relatively high, at 23.3% for Honda Access Corporation, 12.1% for Toyotsu Automotive Creation Co., Ltd., 11.6% for Suzuki Motor Corporation, and 10.9% for Marubeni Plax Corporation.」
The number of major customers increased from the previous three to four, including Marubeni Plax, bringing their combined ratio to 57.9%. It also reiterates that there are no long-term contracts or capital ties and that the continuity of these transactions is not guaranteed. - FY2019WorsenedAnnual report
「For the fiscal year, sales to major customers as a percentage of total sales were relatively high, at 29.3% for Honda Access Corporation, 13.9% for Toyotsu Automotive Creation Co., Ltd., and 12.1% for Suzuki Motor Corporation.」
The combined sales ratio for the three major customers in the risk section was 55.3%, up from 45.0% in the previous fiscal year. In particular, reliance on Honda Access increased from 24.5% to 29.3%. - FY2018WorsenedAnnual report
「Sales ratios were high at 24.5% for 株式会社ホンダアクセス, 16.5% for 豊通オートモーティブクリエーション株式会社 and 11.5% for スズキ株式会社.」
The combined sales ratio of the 3 major customers was 52.5%, up from 45.0% in the previous fiscal year. Dependence on ホンダアクセス also increased from 16.3% to 24.5%. The absence of long-term contracts or capital relationships is also reiterated. - FY2017RestatedAnnual report
「For the consolidated fiscal year, sales to the main customers accounted for a high proportion of total sales: 16.8% for 豊通オートモーティブクリエーション株式会社, 16.3% for 株式会社ホンダアクセス and 11.8% for スズキ株式会社. The company will continue working to secure stable business with these customers, but there are no long-term contracts or capital relationships with them, and the continuity and stability of these transactions are not guaranteed. Changes in their business strategies, transaction policies or other factors could affect the operating results and financial position of the group.」
The company continues to identify dependence on major customers and the absence of long-term contracts or capital relationships as risks. Sales ratios were 16.8% for 豊通, 16.3% for ホンダアクセス and 11.8% for スズキ. - FY2016First statedAnnual report
「For the fiscal year, sales to major customers accounted for 18.2% of total sales for Honda Access Corporation, 16.7% for Toyotsu Automotive Creation Corporation, and 11.4% for SUZUKI MOTOR CORPORATION, representing relatively high sales concentrations.」
The company states that it has no long-term contracts or capital relationships with these customers, and that changes in their business strategies or transaction policies could affect its business results and financial condition.