Komori
Sanritsu (9366) · RiskMitigated

Dependence on Specific Customers

First written in FY2016. 15 of 25 entries say "Restated". Latest entry: FY2026.

25entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2020-Q2RestatedFY2021-Q1 – FY2022-Q3MitigatedFY2022 – FY20242016: 320162017: 420172018: 420182019: 320192020: 320202021: 220212022: 220222023: 020232024: 120242025: 120252026: 22026
Same theme, other companies
Concentration of sales receivables and credit risk among a small number of business partnersA theme 161 companies write about · 161 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2017: 9 of 63 companies on the "Worse" side.

61 other companies' latest entry also says "Mitigated".

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 161 companies compared. The sentences above are computed from all 161.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「As of the consolidated fiscal year-end, 20.25% of trade receivables were due from specific large customers.」

    The concentration of trade receivables with specific large customers declined from 20.78% in the previous disclosure to 20.25%. Meanwhile, sales to major customers accounted for 10.1% of total sales.
  2. 2026-05-14WorsenedEarnings

    「Makino Logistics Co., Ltd. 2,070,679 Packaging, transportation and warehousing business」

    The previous fiscal year was described as having no customer accounting for more than 10% of consolidated net sales, whereas in the current fiscal year Makino Logistics Co., Ltd. accounted for approximately 10.1% of consolidated net sales.
  3. FY2025WorsenedAnnual report

    「As of the consolidated fiscal year-end, 20.78% of trade receivables were due from specific large customers.」

    The concentration of trade receivables with specific large customers increased from 17.98% in the previous disclosure to 20.78%.
  4. FY2024MitigatedAnnual report

    「As of the consolidated fiscal year-end, 17.98% of trade receivables were due from specific large customers.」

    The concentration of trade receivables with specific large customers declined from 21.05% in the previous disclosure to 17.98%.
  5. FY2022MitigatedAnnual report

    「As of the consolidated fiscal year-end, 21.05% of trade receivables were attributable to certain major customers.」

    The concentration of trade receivables with specific large customers declined from 23.2% in the fiscal year ended March 2020 to 21.05%.
  6. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  7. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  8. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  9. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  10. FY2021-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  11. FY2020WorsenedAnnual report

    「As of the consolidated fiscal year-end, 23.2% of trade receivables were attributable to certain major customers (17.9% in the year-earlier period).」

    The concentration of trade receivables attributable to certain major customers increased from 17.9% in the year-earlier period to 23.2%.
  12. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  13. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  14. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  15. FY2019-Q2RestatedAnnual report

    「As a result, in the domestic business, revenue and operating profit both increased. This reflected the continued strong performance of control system projects won in the previous period and strong performance in machine tools, where industry activity remained robust, despite a decline in the volume handled of wireless communications equipment.」

    Although the volume handled of wireless communications equipment continued to decline, the domestic business as a whole reported higher revenue and profit due to strong performance in control system projects and machine tools. There have been no material changes in the risk related to dependence on specific customers.
  16. FY2019-Q1RestatedAnnual report

    「In the domestic business, although the handling of wireless communications equipment decreased, net sales and operating profit both increased because projects involving control systems acquired in the previous fiscal year continued to perform well, and the handling of machine tools also remained strong amid continued favorable industry conditions.」

    Although the volume handled of wireless communications equipment continued to decline, the domestic business as a whole reported higher revenue and profit due to strong performance in control system projects and machine tools.
  17. FY2018MitigatedAnnual report

    「As of the consolidated fiscal year-end, 19.4% of trade receivables were attributable to certain major customers (24.5% in the year-earlier period).」

    The concentration of trade receivables attributable to certain major customers declined from 24.5% in the year-earlier period to 19.4%. The risk that trends among major customers may affect results continues.
  18. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company discloses that there have been no material changes in the risk related to dependence on specific customers.
  19. FY2018-Q2RestatedAnnual report

    「Against this business backdrop, although the volume of wireless communications equipment handled decreased, net sales increased significantly due to new projects involving international air cargo and control systems, as well as an increase in spot orders for machine tools.」

    Although the decline in the volume handled of wireless communications equipment continued, overall revenue increased significantly due to new projects and higher spot orders for machine tools. The text does not specify whether this was the same major customer.
  20. FY2018-Q1RestatedAnnual report

    「Against this business backdrop, although the volume of wireless communications equipment handled decreased, net sales increased because the Company began new projects involving international air cargo and the handling of measuring equipment.」

    Although the volume handled of wireless communications equipment continues to decline, the company also describes revenue growth from new projects. There have been no material changes in the risks themselves related to dependence on specific customers and wireless communications equipment.
  21. FY2017MitigatedAnnual report

    「As of the consolidated fiscal year-end, 24.5% of trade receivables were attributable to certain major customers (27.1% in the year-earlier period).」

    The concentration of trade receivables attributable to certain major customers declined from 27.1% in the year-earlier period to 24.5%. However, the risk that trends among major customers may affect results continues.
  22. FY2017-Q3RestatedAnnual report

    「Both revenue and segment profit declined as a result of a decrease in the volume handled of wireless communications equipment.」

    The decline in the volume handled of wireless communications equipment continued to be a factor behind the declines in revenue and segment profit.
  23. FY2017-Q2RestatedAnnual report

    「Against this business backdrop, the value of semiconductor manufacturing equipment and mail-order cargo handled by the Company, which began in the previous fiscal year, increased. However, net sales declined due to a decrease in the value of wireless communications equipment handled as a result of customers' business-structure reforms.」

    The decline in the volume handled of wireless communications equipment due to customers' business structural reforms continued to be a factor behind the decline in revenue.
  24. FY2017-Q1MaterialisedAnnual report

    「Both revenue and segment profit declined due to the impact of business structural reforms at customers for wireless communications equipment.」

    The company describes the specific event in which customers' business structural reforms caused revenue and segment profit to decline. The text does not specify whether these customers were the same as the major customer accounting for 27.1% of trade receivables disclosed in the previous period.
  25. FY2016First statedAnnual report

    「As of the consolidated fiscal year-end, 27.1% of trade receivables were attributable to certain major customers (22.8% in the year-earlier period).」

    While working to develop new customers and improve services and quality, the company discloses that 27.1% of trade receivables were attributable to certain major customers.
Moved together

"Continuous Improvement of Operational Quality and Talent Development" moved the same way as this thread, in the same document, in 4 of its 25 moves.

444333★123456
  1. ★This thread
  2. 1Continuous Improvement of Operational Quality and Talent Development4×
  3. 2Capital Investment Focused on Growth Segments and Customer Service4×
  4. 3Consolidated operating profit of ¥950 million and operating margin of 5.8% targeted for the fiscal year ending March 20204×
  5. 4Strengthening International Logistics Through Bases in China and the United States3×
  6. 5Domestic and overseas economic trends and fluctuations in customer export demand3×
  7. 6Performance-linked compensation and stock compensation-type stock options3×

★ 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 Sanritsu yet. It last moved in the Earnings of 2026-05-14: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Specific Customers | SANRITSU CORPORATION (9366) | Komori