Komori
Qualtec (9165) · RiskWorsened

Dependence on Specific Customers

First written in FY2023. 2 of 5 entries say "Mitigated", first in FY2024. Latest entry: FY2026.

5entries
4years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2023MitigatedFY2024 – FY20252023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Revenue Dependence on Specific Customers and Corporate GroupsA theme 313 companies write about · 327 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2020: 29 of 92 companies on the "Worse" side.

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.
Showing 14 of the 187 companies compared. The sentences above are computed from all 187.Comparing 200 of the theme's 331 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「The Company has maintained a business relationship with DENSO CORPORATION over an extended period. Revenue from DENSO CORPORATION was ¥691.809 million for the fiscal year ending June 2026, accounting for 16.1% of the Company’s revenue.」

    The proportion of revenue from DENSO CORPORATION increased from 14.8% in the previous fiscal year to 16.1%, indicating that dependence on specific customers increased again.
  2. 2026-09-03RestatedGeneral Meetings of Shareholders

    「In the fiscal year ending June 2026, amid signs of stagnation in some areas of demand from semiconductor manufacturers, the precision processing business saw an increase in projects shifting from prototype to mass-production printed circuit board processing, resulting in some reduction in risk.」

    While continuing to identify dependence on specific industries and customers as a challenge, the company reported some risk reduction through the shift to mass production in precision processing.
  3. FY2025MitigatedAnnual report

    「We have maintained a business relationship with DENSO CORPORATION for many years. Sales to the company were ¥597,248 thousand in the fiscal year ended June 2025, accounting for 14.8% of our total revenue.」

    The proportion of sales to DENSO CORPORATION declined from 17.4% to 14.8%, indicating progress in reducing dependence on a specific customer.
  4. FY2024MitigatedAnnual report

    「We have maintained a business relationship with DENSO CORPORATION for many years. Sales to the company were ¥631,778 thousand in the fiscal year ended June 2024, accounting for 17.4% of our total revenue.」

    The proportion of sales to DENSO CORPORATION declined from 20.9% to 17.4%. However, dependence on automotive customers, including the Toyota Motor Group supply chain, continues to be identified as a risk.
  5. FY2023First statedAnnual report

    「We have maintained a business relationship with DENSO CORPORATION for many years. Sales to the company were ¥684,559 thousand in the fiscal year ended June 2023, accounting for 20.9% of our total revenue.」

    Sales to DENSO CORPORATION accounted for 20.9% of total revenue. The company aims to reduce dependence by expanding outside automotive and capturing new demand.
Moved together

"Exploring industries that can serve as pillars outside automotive" moved the same way as this thread, in the same document, in 3 of its 5 moves.

322222★123456
  1. ★This thread
  2. 1Exploring industries that can serve as pillars outside automotive3×
  3. 2Growth through capturing demand for electrification and advanced testing2×
  4. 3Research and development centered on power semiconductors and automotive technologies2×
  5. 4Commercialization of AI-Based Crack and Void Analysis2×
  6. 5Development of Large-Scale Testing Facilities and a Power Electronics Center2×
  7. 6Expanding Micromachining in High-Value-Added, Medical and Autonomous Driving Fields2×

★ 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
No upcoming earnings preview for Qualtec yet. It last moved in the General Meetings of Shareholders of 2026-09-03: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Specific Customers | Qualtec Co.,Ltd. (9165) | Komori