Dependence on the Steel, Petroleum Refining and Petrochemical Industries and a Specific Customer
First written in FY2016. 6 of 13 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Sankyu moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 12 of 25 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥96,452 million, accounting for 15.3% of consolidated revenue.」
The revenue share attributable to NIPPON STEEL rose from 14.3% in FY2025 to 15.3%, indicating an increase in dependence on a specific customer for revenue on a numerical basis. - 2026-05-14WorsenedEarnings
「NIPPON STEEL CORPORATION 96,452 Logistics business, plant engineering business」
Sales to NIPPON STEEL CORPORATION amounted to ¥96.452 billion, accounting for approximately 15.3% of consolidated net sales. Sales concentration among specific customers increased from the previous fiscal year. - FY2025WorsenedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥86,856 million, accounting for 14.3% of consolidated revenue.」
The revenue share attributable to NIPPON STEEL rose from 13.1% in FY2024 to 14.3%, indicating an increase in dependence on a specific customer on a numerical basis. - FY2024WorsenedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥73,956 million, accounting for 13.1% of consolidated revenue.」
The revenue share attributable to NIPPON STEEL rose from 12.6% in FY2023 to 13.1%, indicating an increase in dependence on a specific business partner on a numerical basis. - FY2023WorsenedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥73,054 million, accounting for 12.6% of consolidated revenue.」
The revenue share attributable to NIPPON STEEL rose from 12.2% in the previous fiscal year to 12.6%, indicating an increase in dependence on a numerical basis. - FY2022MitigatedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥67,729 million, accounting for 12.2% of consolidated revenue.」
The revenue share attributable to NIPPON STEEL fell from 12.7% in the previous fiscal year to 12.2%, indicating a further numerical decline in dependence. - FY2021MitigatedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥67,878 million, accounting for 12.7% of consolidated revenue.」
The revenue share attributable to the specific customer NIPPON STEEL fell from 13.4% in the previous fiscal year to 12.7%, indicating a further numerical decline in dependence. - FY2020MitigatedAnnual report
「NIPPON STEEL CORPORATION's revenue was ¥76,260 million, accounting for 13.4% of consolidated revenue.」
The revenue share attributable to the specific customer NIPPON STEEL CORPORATION fell from 13.6% in the previous fiscal year to 13.4%, indicating a slight numerical decline in dependence. - FY2020-Q3MaterialisedAnnual report
「In equipment construction, although large-scale steel-related dismantling projects, power-related scheduled inspection work and on-site equipment expansion projects declined from the previous fiscal year, revenue and profit increased on the acquisition of large environmental projects and civil engineering work for public facilities in Japan, as well as overseas equipment dismantling and production infrastructure expansion projects and additional ancillary work for production lines.」
The decline in conventional projects, including large-scale steel-related dismantling work, periodic inspections of power-related facilities and on-site facility expansion work, is reflected in the reported results. This was offset by the acquisition of new environmental, public-facility and overseas equipment projects. - FY2019MitigatedAnnual report
「新日鐵住金㈱'s revenue was ¥78,005 million, accounting for 13.6% of consolidated revenue.」
The revenue share attributable to the specific customer 新日鐵住金㈱ fell from 14.3% in the previous fiscal year to 13.6%, indicating a numerical decline in dependence on specific business partners. - FY2018WorsenedAnnual report
「新日鐵住金㈱'s revenue was ¥76,283 million, accounting for 14.3% of consolidated revenue.」
The share of consolidated revenue attributable to the specific customer 新日鐵住金株式会社 rose from 14.1% in the previous fiscal year to 14.3%. Dependence on the steel and petroleum refining and petrochemical industries, as well as on specific business partners, continues to be disclosed as a risk. - FY2017MitigatedAnnual report
「A substantial proportion of the Group's business involves customers in the steel, petroleum refining and petrochemical industries. Accordingly, industry trends and customers' requests for rationalization and other measures may affect the Group's operating performance and financial condition.」
The proportion of sales to the specific customer Nippon Steel & Sumitomo Metal Corporation declined from 14.9% to 14.1%. However, the risk of dependence on the steel, petroleum refining and petrochemical industries continues to be disclosed. - FY2016First statedAnnual report
「A substantial proportion of the Group's business involves customers in the steel, petroleum refining and petrochemical industries. Accordingly, industry trends and customers' requests for rationalization and other measures may affect the Group's operating performance and financial condition.」
It discloses that sales to Nippon Steel & Sumitomo Metal Corporation totaled ¥7,312.5 million, accounting for 14.9% of consolidated sales.