Dependence on New Zealand for revenue
First written in FY2018. 9 of 23 entries say "Mitigated", first in FY2021. Latest entry: 2026-08-07.
4 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings presentation
「The share of export revenue from destinations other than New Zealand reached approximately 50% of total export revenue, and portfolio diversification is strengthening the earnings structure.」
Export revenue from destinations other than New Zealand reached approximately half of total export revenue, indicating further progress in reducing regional concentration. - FY2026MitigatedAnnual report
「The Company aims to reduce the impact of economic conditions in any particular country by developing new markets, including Europe, in addition to the two countries and reducing its dependence on them.」
The Company indicated a policy of further reducing dependence on the two countries by developing new markets, including Europe, after expanding its revenue base from New Zealand alone to New Zealand and Australia. - FY2026-H1MitigatedAnnual report
「New Zealand 12,431 2,310 399 1,360 2,305 18,807 － 18,807 Australia 795 11,507 486 17 96,252 109,059 － 109,059」
Revenue from contracts with customers amounted to ¥1,880.7 million in New Zealand and ¥10,905.9 million in Australia. Australia's revenue scale continued to significantly exceed New Zealand's, further diversifying the regional revenue base. - FY2025-H1MitigatedAnnual report
「New Zealand 11,173 2,621 329 1,655 3,103 18,883 － 18,883 Australia 739 9,722 486 22 96,308 107,277 － 107,277」
Revenue from customer contracts for the first half amounted to ¥1,883 million in New Zealand and ¥10,727.7 million in Australia. Following the consolidation of Autopact and others, the structure shifted from one centered on New Zealand to one with a greater weighting of revenue from Australia. - FY2024ReframedAnnual report
「The business, which had previously been heavily dependent on New Zealand alone, will become dependent on two countries, New Zealand and Australia.」
The structure shifted from dependence on New Zealand alone to dependence on two countries as the Australian business expanded. Full-year revenue amounted to ¥63.521 billion in New Zealand and ¥50.265 billion in Australia. - FY2024-Q3Updated third-quarter revenue by regionAnnual report
「New Zealand 29,537,235 6,798,017 7,004,301 2,642,331 35,099 46,016,985 － 46,016,985 Australia 1,429,349 1,446 － 48,600 2,940,969 4,420,365 － 4,420,365」
Revenue from contracts with customers for the cumulative third quarter amounted to ¥46,016,985 thousand in New Zealand and ¥4,420,365 thousand in Australia. New Zealand was the largest revenue region, while revenue from Australia also expanded. - FY2024-Q2Updated second-quarter revenue by regionAnnual report
「New Zealand 20,640,857 4,561,351 4,840,116 1,342,165 25,742 31,410,233 － 31,410,233 Australia 1,252,017 2,997 － 33,396 1,862,124 3,150,536 － 3,150,536」
Revenue from contracts with customers for the cumulative second quarter amounted to ¥31,410,233 thousand in New Zealand and ¥3,150,536 thousand in Australia. New Zealand remained the largest revenue region, while revenue from Australia also increased. - FY2024-Q1Updated first-quarter revenue by regionAnnual report
「New Zealand 9,105,683 2,208,618 2,484,704 609,574 14,409,354 － 14,409,354」
Revenue arising from contracts with customers in New Zealand for the cumulative first-quarter period was ¥14,409.354 million. The disclosure continued to show that New Zealand was the primary revenue region. - FY2023RestatedAnnual report
「In particular, the New Zealand market is a source of earnings for the Group, and the business related to used-vehicle exports to the country is the Group's mainstay. Revenue remained heavily dependent on New Zealand in the consolidated fiscal year.」
The company stated for the full year that New Zealand was the source and mainstay of earnings and that revenue remained heavily dependent on the country. - FY2023-Q3WorsenedAnnual report
「Against this backdrop, exports to New Zealand, the Group's main market, remained sluggish and could not be offset by increased exports to other countries because of a shortage of shipping capacity to Europe and other factors. Unit sales at ㈱日貿 in the trade segment for the nine months ended the third quarter were 31,659, down 12.1% year on year.」
Exports to New Zealand remained sluggish and could not be offset by increased exports to other countries, resulting in a 12.1% year-on-year decline in sales volumes. - FY2023-Q2WorsenedAnnual report
「Under these conditions, export volumes to New Zealand, the Group's main market, remained sluggish overall during the cumulative second-quarter period, and increased exports to other countries were insufficient to offset the decline. Accordingly, ㈱日貿's sales volumes in the trade segment for the cumulative second-quarter period were 21,647 vehicles, down 12.4% year on year.」
Sluggish exports to New Zealand resulted in a 12.4% year-on-year decline in sales volumes, while increased exports to other countries were insufficient to offset the shortfall. - FY2023-Q1MitigatedAnnual report
「In addition, the company was able, as in the previous fiscal year, to offset the impact of logistics backlogs in New Zealand through increased exports to other countries,」
The company continued to explain that the impact of logistics congestion associated with dependence on New Zealand had been offset by increased exports to other countries. Regional revenue also included revenue from outside New Zealand, indicating that diversification measures were continuing. - FY2022MitigatedAnnual report
「In particular, exports of used vehicles to New Zealand are at the center of the business, and revenue from New Zealand accounted for approximately 80% of total revenue in the consolidated fiscal year. …The company currently positions Australia as a key market in its growth strategy, expanding its vehicle sales and data services businesses while focusing on developing new services.」
Dependence on New Zealand for revenue was shown to be approximately 80%, and measures to reduce that dependence through the expansion of vehicle sales and data services in Australia became more concrete. - FY2022-Q3Third-quarter regional revenue updatedAnnual report
「New Zealand 17,569,390 3,417,128 6,325,301 1,727,572 29,039,392 － 29,039,392」
The revenue recognition note disclosed revenue of ¥29,039.392 million from contracts with customers in New Zealand for the cumulative third-quarter period. - FY2022-Q2Second-quarter regional revenue updatedAnnual report
「New Zealand 12,236,229 2,303,245 4,180,981 1,012,658 19,733,115 － 19,733,115」
The revenue recognition note disclosed revenue of ¥19,733.115 million from contracts with customers in New Zealand for the cumulative second-quarter period of the current fiscal year. - FY2022-Q1First-quarter regional revenue updatedAnnual report
「New Zealand 6,692,980 1,074,839 1,887,688 488,893 10,144,402 － 10,144,402」
The revenue recognition note disclosed revenue of ¥10,144.402 million from contracts with customers in New Zealand for the first quarter of the current fiscal year. - FY2021MitigatedAnnual report
「From the perspectives of further growth and expansion of the Group's businesses and risk diversification, the Group recognizes expanding its business in regions outside New Zealand, particularly Australia, as an important management issue.」
After showing that New Zealand accounted for approximately 90% of total revenue, the company positioned regional expansion centered on Australia as a measure to diversify risk. - FY2021-Q3MaterialisedAnnual report
「Due to the impact of the lockdown and restrictions on economic activity imposed in New Zealand as COVID-19 countermeasures, particularly the significant decline in sales volumes during the first quarter, used-car sales volumes during the cumulative third quarter of the current consolidated fiscal year fell 24.2% year on year to 19,901 vehicles.」
Against a business structure highly dependent on New Zealand for revenue, lockdowns and other restrictions in the country resulted in a 24.2% year-on-year decline in used-vehicle sales volumes. - FY2021-Q2MaterialisedAnnual report
「Due to the lockdown imposed in New Zealand for 5 weeks from 25 March as a COVID-19 countermeasure, restrictions on economic activity that continued until early June, and another lockdown in August in Auckland, New Zealand’s largest city, used-car sales volumes during the cumulative second quarter of the current consolidated fiscal year fell 36.2% year on year to 10,979 vehicles.」
Against a business structure highly dependent on New Zealand for revenue, lockdowns and other restrictions in the country resulted in a 36.2% year-on-year decline in used-vehicle sales volumes. - FY2021-Q1MaterialisedAnnual report
「Due to a lockdown imposed in New Zealand for 5 weeks from 25 March as a COVID-19 countermeasure and restrictions on economic activity that continued until early June, used-car sales volumes during the cumulative first quarter of the current consolidated fiscal year fell 62.1% year on year to 3,217 vehicles.」
Against a backdrop of dependence on New Zealand for revenue, lower sales resulting from the country's lockdown and restrictions on economic activity affected results. - FY2018First statedAnnual report
「Revenue from New Zealand accounted for 94.4% of the Group's total revenue in the consolidated fiscal year, indicating an extremely high level of dependence on the country.」
The company disclosed the concentration risk numerically, with New Zealand accounting for 94.4% of total revenue.