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Ef-On (9514) · RiskRestatedLatest Governance (2026-09-28): "Mitigated"

Concentration of electricity sales to 日本テクノ and governance implications

First written in FY2016. 13 of 19 entries say "Restated". Latest entry: 2026-09-28.

19entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3RestatedFY2019-Q2 – FY2020-Q2RestatedFY2023-Q12016: 22017: 220172018: 320182019: 320192020: 320202021: 320212022: 220222023: 020232024: 020242025: 020252026: 12026
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.

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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. 2026-09-28MitigatedGovernance

    「日本テクノ株式会社 is our largest shareholder, holding 32.58% of our shares (7,049,280 shares). However, we recognize that our business activities are not subject to any restrictions from the company and that our independence in business operations is assured.」

    Regarding the relationship with 日本テクノ, the company has added an explanation showing its voting rights ownership percentage and stating that there are no restrictions on its business activities and that its independence is assured. It also states that there were no transactions or personnel relationships in the fiscal year ending June 2026.
  2. FY2023-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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  3. FY2022MitigatedAnnual report

    「日本テクノ株式会社 3,314 25.2 - - 九州電力送配電株式会社 6,086 45.9 東京電力パワーグリット株式会社 3,748 28.3 東北電力ネットワーク株式会社 2,464 18.6」

    By customer, sales to 日本テクノ were zero in the fiscal year, while 九州電力送配電株式会社, 東京電力パワーグリット株式会社 and 東北電力ネットワーク株式会社 were the main customers. It can be stated that customer concentration became further diversified.
  4. FY2021MitigatedAnnual report

    「日本テクノ株式会社 9,985 81.7 3,314 25.22 九州電力送配電株式会社 1,454 11.9 6,378 48.52 東北電力ネットワーク株式会社 - - 1,718 13.07」

    By customer, sales dependence on 日本テクノ declined from 81.7% to 25.22%, while sales to 九州電力送配電株式会社 and 東北電力ネットワーク株式会社 newly accounted for significant shares, further diversifying the customer mix.
  5. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  6. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  7. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  8. FY2020MitigatedAnnual report

    「Accordingly, for the consolidated fiscal year ended June 2020, sales to the company of ¥9,985 million accounted for 81.72% of the group's consolidated net sales.」

    Sales dependence on 日本テクノ declined from 90.26% in the previous consolidated fiscal year to 81.72%. Sales to 九州電力送配電株式会社 of ¥1,454 million, or 11.9% of total sales, were newly reported, indicating a relative decline in customer concentration.
  9. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  10. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  11. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  12. FY2019-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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  13. FY2018WorsenedAnnual report

    「Accordingly, for the consolidated fiscal year ended June 2018, sales to the company of ¥9,538 million accounted for 86.40% of the group's consolidated net sales. As of 30 June 2018, the company owned 32.63% of the total shares issued by the company.」

    It specifically states that sales dependence on 日本テクノ rose from 82.91% in the previous fiscal year to 86.40%, while its voting-rights ownership ratio was 32.63%.
  14. 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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  15. FY2018-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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  16. FY2017-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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  17. FY2017-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.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  18. FY2017-Q1RestatedAnnual report

    「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It concludes that there have been no material changes regarding the concentration of electricity sales to 日本テクノ and its governance impact.
  19. FY2016First statedAnnual report

    「For the consolidated fiscal year ended June 2016, sales to the company of ¥4,512 million accounted for 73.38% of the group's consolidated net sales.」

    Nippon Techno held 33.65% of the total number of shares issued, and the Company identifies changes to or termination of the sales agreement and voting at shareholders' meetings as risks.
Moved together

"Development of a wood biomass fuel supply infrastructure" moved the same way as this thread, in the same document, in 2 of its 19 moves.

222222★123456
  1. ★This thread
  2. 1Development of a wood biomass fuel supply infrastructure2×
  3. 2Power generation using domestically sourced sustainable resources and contributions to forests and local industries2×
  4. 3Funding power plant and forestry investments through retained earnings and bank borrowings2×
  5. 4Hiring personnel ahead of the start of operations at 壬生発電所2×
  6. 5Developing forestry management and forestry operations into a future core business2×
  7. 6New power plant construction project in Shingu, Wakayama Prefecture2×

★ 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 Ef-On yet. It last moved in the Governance of 2026-09-28: "Mitigated".
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Concentration of electricity sales to 日本テクノ and governance implications | EF-ON INC. (9514) | Komori