Komori
Nepon (7985) · RiskWorsened

Concentration of Sales to and Shareholder Relationship with 佐藤商事

First written in FY2016. 7 of 15 entries say "Mitigated", first in FY2018. Latest entry: FY2026.

15entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2020 – FY2023-Q2WorsenedFY2023 – FY20242016: 120162017: 220172018: 220182019: 120192020: 120202021: 220212022: 220222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Concentration of Transactions and Capital Ties with the Kobe Steel GroupA theme 7 companies write about · 7 as a headwind · 0 as a tailwind

Nepon moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).

The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.

1 other company's 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「SATO SHO-JI CORPORATION 1,396,363 18.8」

    Sales to SATO SHO-JI CORPORATION were ¥1.39636 billion, accounting for 18.8% of total sales, up from 18.2% in the previous fiscal year. Its shareholding ratio is 12.53%, while sales concentration increased numerically.
  2. FY2025MitigatedAnnual report

    「SATO SHO-JI CORPORATION 1,324,325 18.2」

    Sales to SATO SHO-JI CORPORATION were ¥1.32433 billion, accounting for 18.2% of total sales, down from 20.4% in the previous fiscal year. Its shareholding ratio is 12.53%, while sales concentration declined numerically.
  3. FY2024WorsenedAnnual report

    「SATO SHO-JI CORPORATION 1,586,017 20.4」

    Sales to SATO SHO-JI CORPORATION were ¥1.58601 billion, accounting for 20.4% of total sales, up from 20.0% in the previous fiscal year. Although its shareholding ratio is 12.53%, sales concentration increased.
  4. FY2023WorsenedAnnual report

    「SATO SHO-JI CORPORATION 1,595,183 20.0」

    Sales to SATO SHO-JI CORPORATION were ¥1.59518 billion, accounting for 20.0% of total sales, up from 17.0% in the previous fiscal year. Sales concentration increased even after the acquisition and cancellation of treasury shares.
  5. FY2023-Q2MitigatedAnnual report

    「SATO SHO-JI CORPORATION Marunouchi Trust Tower N, 16th Floor, 1-8-1 Marunouchi, Chiyoda-ku, Tokyo 120 12.53」

    After the acquisition and cancellation of treasury shares, SATO SHO-JI CORPORATION held 120,000 shares, representing 12.53% of total shares issued. The concentration of shareholding has declined numerically from the previous position involving approximately 30% of voting rights and concentrated sales relationships.
  6. FY2022-Q3MitigatedAnnual report

    「Pursuant to a resolution of the extraordinary meeting of the board of directors held on 5 November 2021, the company acquired 239,900 treasury shares on 8 November 2021 and cancelled all of them on 19 November 2021.」

    The company cancelled all 239,900 shares acquired from SATO SHO-JI CORPORATION, its largest shareholder, completing the transaction that reduced the concentration of shareholding.
  7. FY2022-Q2MitigatedAnnual report

    「As a result, the company concluded that the optimal way to improve capital efficiency was to acquire 239,900 of the 359,900 shares of the company held by SATO SHO-JI CORPORATION, the company's largest shareholder, representing 20.03% of total shares issued excluding treasury shares, and decided to acquire treasury shares pursuant to Article 156 as applied mutatis mutandis under Article 165, paragraph 3 of the Companies Act.」

    The company disclosed the resolution and execution of the acquisition of 239,900 shares held by SATO SHO-JI CORPORATION, its largest shareholder. SATO SHO-JI CORPORATION will retain its remaining shares and remain the largest shareholder after the sale, so the relationship will continue, although the concentration of shareholding has declined.
  8. FY2021MitigatedAnnual report

    「SATO SHO-JI CORPORATION 1,263,089 17.4」

    Sales to SATO SHO-JI CORPORATION were ¥1.26308 billion, accounting for 17.4% of total sales, down from 19.5% in the previous fiscal year. Although sales concentration declined numerically, the company is an other affiliated company holding 30.16% of voting rights.
  9. FY2020MitigatedAnnual report

    「SATO SHO-JI CORPORATION 1,606,240 19.5」

    Sales to SATO SHO-JI CORPORATION accounted for 19.5%, down from 20.0% in the previous fiscal year. Although sales concentration declined slightly numerically, the company holds 30.15% of voting rights.
  10. FY2019WorsenedAnnual report

    「SATO SHO-JI CORPORATION 1,623,588 20.0」

    Sales to SATO SHO-JI CORPORATION were ¥1.62358 billion, accounting for 20.0% of total sales, up from 18.1% in the previous fiscal year. Sales concentration has increased for the company, which is both a major shareholder and an other affiliated company.
  11. FY2019-Q2Updated major-shareholder ratioAnnual report

    「SATO SHO-JI CORPORATION Marunouchi Trust Tower N, 16th Floor, 1-8-1 Marunouchi, Chiyoda-ku, Tokyo 3,599 30.05」

    As of 30 September 2018, SATO SHO-JI CORPORATION was listed as the largest shareholder, holding 3,599 thousand shares, or 30.05% of shares issued.
  12. FY2018MitigatedAnnual report

    「SATO SHO-JI CORPORATION 1,464,552 18.1」

    Sales to SATO SHO-JI CORPORATION were ¥1.46455 billion, accounting for 18.1% of total sales, down from 19.6% in the previous fiscal year. Although sales concentration declined numerically, the company is an other affiliated company holding 30.16% of voting rights.
  13. FY2018-Q2RestatedAnnual report

    「SATO SHO-JI CORPORATION Marunouchi Trust Tower N, 16th Floor, 1-8-1 Marunouchi, Chiyoda-ku, Tokyo 3,599 29.92」

    SATO SHO-JI CORPORATION remained the largest shareholder at the end of the second quarter, holding 29.92% of total shares issued.
  14. FY2017WorsenedAnnual report

    「SATO SHO-JI CORPORATION 1,476,601 19.6」

    Sales to SATO SHO-JI CORPORATION were ¥1.4766 billion, accounting for 19.6% of total sales, up from 17.6% in the previous fiscal year. Concentration of shareholding and business dealings has increased.
  15. FY2016First statedAnnual report

    「SATO SHO-JI CORPORATION 1,333,656 17.6」

    SATO SHO-JI CORPORATION is an other affiliated company holding 30.15% of voting rights and accounted for 17.6% of sales for the year. This disclosure indicates concentration of both business dealings and shareholding.
Moved together

"Higher Selling, General and Administrative Expenses Due to Aggressive Development Investment" moved the same way as this thread, in the same document, in 6 of its 15 moves.

654433★123456
  1. ★This thread
  2. 1Higher Selling, General and Administrative Expenses Due to Aggressive Development Investment6×
  3. 2Strengthening Sales Capabilities and Developing New Products5×
  4. 3Widening operating, ordinary and net losses due to declining revenue4×
  5. 4Operating Cash Flow Turns Positive4×
  6. 5Expansion of the agricultural ICT cloud and environmental control businesses3×
  7. 6Development Pipeline for Energy-Saving, Low-Priced and New-Application Products3×

★ 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
Nepon's next results are scheduled for 2026-11-11. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.