Concentration of sales among major steel customers and the impact of China's economy
First written in FY2016. 6 of 14 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2027-H1.
Hyoki Kaiun moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Meanwhile, export customs clearance volumes declined slightly year on year, due to manufacturers’ inventory adjustments and continued weakness in materials destined for China.」
Manufacturers’ inventory adjustments and weak materials shipments to China were reflected in a slight decline in export customs clearance volumes. - FY2026SoftenedAnnual report
「YAMATO KOGYO CO.,LTD. group 3,681 27.5 JFE物流株式会社 group 1,192 8.9」
The combined sales ratio of the 2 major customer groups was 36.4%, slightly down from 37.0% in the previous fiscal year. However, concentration among steel customers remained high. - FY2025WorsenedAnnual report
「Sales to the two groups account for 37.0% of total sales, and the cargo transported is steel.」
Sales concentration among the 2 major customer groups increased from 36.8% in the previous fiscal year to 37.0%. At the same time, the Company established a framework for coordinated responses through its capital and business alliance with the YAMATO KOGYO group. - FY2025-H1MaterialisedAnnual report
「The number of import customs clearance transactions increased slightly year on year, while export customs clearance transactions were at approximately the same level as in the previous year due to the impact of foreign exchange, a shortage of marine containers and slower economic growth in China.」
Slower economic growth in China, together with foreign exchange effects and a shortage of marine containers, appeared in the results as sluggish export customs clearance volumes. - FY2024WorsenedAnnual report
「Sales from the 2 groups account for 36.8% of total sales.」
Sales concentration among the YAMATO KOGYO group and the JFE物流 group increased from approximately 30% in the previous fiscal year to 36.8%. - FY2023SoftenedAnnual report
「The Company handles the logistics operations of the YAMATO KOGYO CO.,LTD. group and conducts many transactions with the JFE物流株式会社 group. The goods transported are steel, and sales from the 2 groups account for approximately 30% of total sales.」
Concentration among the 2 major customer groups is described as “approximately 30%” rather than “more than 30% of total sales.” The actual sales ratios were 22.2% for the YAMATO KOGYO group and 7.3% for the JFE物流 group, for a combined 29.5%. - FY2022RestatedAnnual report
「The Company undertakes the logistics operations of the YAMATO KOGYO CO.,LTD. Group and also conducts many transactions with the JFE物流 Group. The cargo transported is steel, and sales to the two groups account for more than 30% of total sales.」
Sales concentration among the 2 major customer groups continued, with their sales ratios for the period at 24.3% for the YAMATO KOGYO group and 7.4% for the JFE物流 group, for a combined 31.7%. - FY2021RestatedAnnual report
「The Company undertakes the logistics operations of the YAMATO KOGYO CO.,LTD. Group and also conducts many transactions with the JFE物流 Group. The cargo transported is steel, and sales to the two groups account for more than 30% of total sales.」
Sales concentration among the 2 major customer groups continued, with their sales ratios for the period at 27.1% for the YAMATO KOGYO group and 7.5% for the JFE物流 group, for a combined 34.6%. - FY2018RestatedAnnual report
「The Company undertakes the logistics operations of the YAMATO KOGYO CO.,LTD. Group and also conducts many transactions with the JFE物流 Group. The cargo transported is steel, and sales to the two groups account for more than 30% of total sales.」
The YAMATO KOGYO group accounted for 27.3% of sales and the JFE物流 group for 9.7%, meaning that sales concentration among major steel customers remained above 30%. - FY2018-Q2MaterialisedAnnual report
「Imports of apparel and miscellaneous goods from China remained particularly challenging.」
The difficult conditions for apparel and miscellaneous goods imports from China continued, with the impact of trends among Chinese and overseas customers actually appearing in port logistics handling volumes. - FY2017MaterialisedAnnual report
「Sales to the two groups account for more than 30% of total sales. Steel, an industrial basic material underpinning economic activity, is affected by economic conditions. Depending on future economic trends, particularly developments in China, which has a strong influence on Japan's economy, this could affect the Company's operations.」
The YAMATO KOGYO group accounted for 27.3% of sales and the JFE物流 group for 10.7%, bringing the combined sales ratio for the 2 groups to 38.0%. The impact of China's economic stagnation is also noted as sluggish import and export cargo volumes. - FY2017-Q3MaterialisedAnnual report
「Export cargo also struggled, partly because of economic stagnation in China, its main export destination.」
China's economic stagnation has appeared in business results as sluggish cargo volumes to its main export destination. - FY2017-Q2MaterialisedAnnual report
「In the port logistics business, domestic demand was weak and domestic consumption was stagnant, while China's economic stagnation also had a significant impact, casting a shadow over import cargo handling, the business's main area of operations.」
China's economic stagnation has actually appeared as a factor behind the decline in import cargo handling, the core business of the port logistics segment. - FY2016First statedAnnual report
「Sales to the YAMATO KOGYO CO.,LTD. group account for more than 30% of total sales. Steel, a basic industrial material underpinning economic activity, is affected by economic conditions, and future economic trends, particularly developments in China, which has a strong influence on the Japanese economy, could affect management.」
The company discloses that sales from its 2 major groups account for more than 30% of total sales and that it depends on steel demand and developments in China.