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AlphaPolis (9467) · RiskChanges in the Composition of Major Business Partners

Dependence on Sales to Intermediate Wholesalers and Major Business Partners

First written in FY2016. 3 of 11 entries say "Mitigated", first in FY2017. Latest entry: FY2026.

11entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMitigatedFY2017 – FY2018MitigatedFY2019OtherFY2022 – FY20262016: 120162017: 120172018: 120182019: 220192020: 020202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Reliance on Sales Agents for SalesA theme 49 companies write about · 50 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 6 of 27 companies on the "Worse" side.

4 other companies' latest entry also says "Other".

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 49 companies compared. The sentences above are computed from all 49.
Full recordFilings, disclosures and news, newest first
  1. FY2026Changes in the Composition of Major Business PartnersAnnual report

    「MEDIA DO Co.,Ltd. 9,052,284 54.5” “カカオピッコマ 2,772,130 16.7” “株式会社星雲社 1,889,459 11.4」

    MEDIA DO Co.,Ltd. accounted for 54.5% of consolidated sales revenue, カカオピッコマ for 16.7% and 株式会社星雲社 for 11.4%. Although dependence on electronic-book wholesalers remains high, the contribution of カカオピッコマ was explicitly disclosed.
  2. FY2025Changes in the Composition of Major Business PartnersAnnual report

    「15% of sales revenue for the fiscal year under review was generated from this company.” “57% of sales revenue for the fiscal year under review was generated from this company.」

    Dependence on sales revenue from 株式会社星雲社 fell from 18% in the previous fiscal year to 15%, while electronic-book wholesaler MEDIA DO Co.,Ltd. rose from 55% to 57%. カカオピッコマ also rose from 13.4% to 16.0%, and 87% of operating receivables were concentrated among 2 major customers.
  3. FY2024Changes in the Composition of Major Business PartnersAnnual report

    「18% of sales revenue for the fiscal year under review was generated from this company. In addition, electronic books are sold mainly through 株式会社メディアドゥ, a major electronic-book wholesaler, and 55% of sales revenue for the fiscal year under review was generated from this company.」

    Dependence on sales revenue from 株式会社星雲社 fell from approximately 22% in the previous fiscal year to 18%, while MEDIA DO Co.,Ltd. rose from approximately 54% to 55%. カカオピッコマ accounted for 13.4% of sales revenue.
  4. FY2023Changes in the Composition of Major Business PartnersAnnual report

    「22% of sales revenue for the fiscal year under review was generated from this company.” “54% of sales revenue for the fiscal year under review was generated from this company.」

    Dependence on sales revenue from 株式会社星雲社 fell from 22.6% in the previous fiscal year to 22%, while MEDIA DO Co.,Ltd. fell from 58.1% to 54%. Meanwhile, カカオピッコマ rose to 13.1% of sales revenue, and 91% of operating receivables were concentrated among 2 major customers.
  5. FY2022Changes in the Composition of Major Business PartnersAnnual report

    「23% of sales revenue for the fiscal year under review was generated from this company. In addition, electronic books are sold mainly through 株式会社メディアドゥ, a major electronic-book wholesaler, and 58% of sales revenue for the fiscal year under review was generated from this company.」

    Dependence on sales revenue from 株式会社星雲社 fell from 28% in the previous fiscal year to 23%, while MEDIA DO Co.,Ltd. fell from 63% to 58%. Meanwhile, カカオピッコマ accounted for 10.3% of sales revenue, and 93% of operating receivables were concentrated among 2 major customers.
  6. FY2021WorsenedAnnual report

    「28% of sales revenue for the fiscal year under review was generated from this company. In addition, electronic books are sold mainly through 株式会社メディアドゥ, a major electronic-book wholesaler, and 63% of sales revenue for the fiscal year under review was generated from this company.」

    Dependence on sales to 株式会社星雲社 fell from 37.7% in the previous fiscal year to 28%, while electronic-book wholesaler MEDIA DO Co.,Ltd. was newly identified as accounting for 63% of sales revenue. In addition, 94% of operating receivables were concentrated among 2 major customers.
  7. FY2019MitigatedAnnual report

    「47% of the sales amount was generated from this company in the fiscal year under review (actual results for the period from 1 April 2018 to 31 March 2019).」

    Dependence on sales to 株式会社星雲社 fell from 55% in the previous year to 47%. Meanwhile, 77% of operating receivables were due from this company, and the receivables assignment security agreement and credit management remain in place.
  8. FY2019-Q3Security Agreement RenewalAnnual report

    「株式会社星雲社 Receivables Assignment Security Agreement 20 December 2018 to 31 December 2023」

    The company discloses the renewal, after expiration of the contract term, of the receivables assignment security agreement with major business partner 株式会社星雲社.
  9. FY2018MitigatedAnnual report

    「Accordingly, 55% of the sales amount was generated from this company in the fiscal year under review (actual results for the period from 1 April 2017 to 31 March 2018).」

    Dependence on sales to the main wholesaler, 株式会社星雲社, fell from 71% in the previous year to 55%. The receivables assignment security agreement and credit management remain in place.
  10. FY2017MitigatedAnnual report

    「Accordingly, 71% of the sales amount was generated from this company in the fiscal year under review (actual results for the period from 1 April 2016 to 31 March 2017).」

    Dependence on sales to the main wholesaler fell from approximately 95% in the previous year to 71%. Meanwhile, 91% of operating receivables at fiscal year-end were due from this company, and the receivables assignment security agreement and credit management remain in place.
  11. FY2016First statedAnnual report

    「Approximately 95% of the sales amount was generated from this company in the fiscal year under review (actual results for the period from 1 April 2015 to 31 March 2016).」

    The company depended on sales through 株式会社星雲社 for approximately 95%, indicating that changes to or termination of the contract, or deterioration in the counterparty’s performance, could affect results. The company also describes a receivables assignment security agreement and credit management.
Moved together

"Expansion of Book Genres Handled" moved the same way as this thread, in the same document, in 3 of its 11 moves.

333332★123456
  1. ★This thread
  2. 1Expansion of Book Genres Handled3×
  3. 2Expansion of the Content Supply Platform3×
  4. 3Expansion of the Web Content and User Base3×
  5. 4Focused Investment in the Manga Genre3×
  6. 5Developing a New Revenue Stream Through E-Book Sales3×
  7. 6Book publishing model for internet-originated content2×

★ 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 AlphaPolis yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Sales to Intermediate Wholesalers and Major Business Partners | AlphaPolis Co.,Ltd. (9467) | Komori