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Asahi Intelligence Service (9799) · RiskWorsened

Dependence on Specific Business Partners and Credit Risk

First written in FY2016. 17 of 27 entries say "Restated". Latest entry: FY2026.

27entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2021-Q3RestatedFY2023-Q1 – FY2024-Q32016: 120162017: 220172018: 420182019: 420192020: 320202021: 320212022: 220222023: 120232024: 320242025: 220252026: 22026
Same theme, other companies
Dependence on specific business partnersA theme 36 companies write about · 38 as a headwind · 0 as a tailwind

Asahi Intelligence Service moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).

The whole theme swung hardest in 2025: 12 of 25 companies on the "Worse" side.

8 other companies' latest entry also says "Worsened".

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 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Sales to major customers account for no more than approximately 24%, and we consider business risk arising from dependence on specific customers to be limited.」

    The proportion of sales to major customers rose from approximately 23% in the previous fiscal year to approximately 24%. The company assesses business risk arising from this dependence as limited.
  2. 2026-05-01WorsenedEarnings

    「Toyota Systems Corporation 3,928,689」

    The company reported net sales of ¥3,928 million from Toyota Systems Corporation, a major customer. This represented approximately 23.7% of total net sales, up from approximately 23.4% in the previous fiscal year.
  3. FY2026-H1RestatedAnnual report

    「There were no newly arising business or other risks during the interim accounting period. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  4. FY2025WorsenedAnnual report

    「Sales to major customers account for no more than approximately 23%, and we consider business risk arising from dependence on specific customers to be limited.」

    The proportion of sales to major customers rose from approximately 22% in the previous fiscal year to approximately 23%. The company assesses business risk arising from this dependence as limited.
  5. FY2025-H1RestatedAnnual report

    「There were no newly arising business or other risks during the interim accounting period. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  6. FY2024WorsenedAnnual report

    「Sales to major customers account for no more than approximately 22%, and we consider business risk arising from dependence on specific customers to be limited.」

    The proportion of sales to major customers rose from approximately 21% in the previous fiscal year to approximately 22%. The company assesses business risk arising from this dependence as limited.
  7. FY2024-Q3RestatedAnnual report

    「There were no new business or other risks during the cumulative third-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  8. FY2024-Q2RestatedAnnual report

    「There were no new business or other risks during the cumulative second-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  9. FY2023-Q1RestatedAnnual report

    「There were no new business or other risks during the cumulative first-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  10. FY2022WorsenedAnnual report

    「Sales to major customers account for no more than approximately 21%, and we consider business risk arising from dependence on specific customers to be limited.」

    The proportion of sales to major customers rose from approximately 20% in the previous fiscal year to approximately 21%. The company assesses business risk arising from this dependence as limited.
  11. FY2022-Q2RestatedAnnual report

    「There were no new business or other risks during the cumulative second-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  12. FY2021WorsenedAnnual report

    「Sales to major customers account for no more than approximately 20%, and we consider business risk arising from dependence on specific customers to be limited.」

    The proportion of sales to major customers rose from approximately 18% in the previous fiscal year to approximately 20%. The company assesses business risk arising from this dependence as limited.
  13. FY2021-Q3RestatedAnnual report

    「There were no new business or other risks during the cumulative third-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  14. FY2021-Q2RestatedAnnual report

    「There were no new business or other risks during the cumulative second-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  15. FY2021-Q1RestatedAnnual report

    「There were no new business or other risks during the cumulative first-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  16. FY2020-Q3RestatedAnnual report

    「There were no new business or other risks during the cumulative third-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  17. FY2020-Q2RestatedAnnual report

    「There were no new business or other risks during the cumulative second-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  18. FY2020-Q1RestatedAnnual report

    「There were no new business or other risks during the cumulative first-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  19. FY2019WorsenedAnnual report

    「The company's customers are primarily highly creditworthy listed companies operating across a range of industries, including government agencies, automotive, electrical equipment and financial services, rather than being concentrated in specific sectors. Sales to major customers account for a maximum of approximately 18%, and the company considers the business risk arising from dependence on specific customers to be low.」

    Sales to major customers rose to a maximum of approximately 18%, from approximately 13% in the previous fiscal year. The company assesses the business risk arising from dependence on specific customers as low.
  20. FY2019-Q3RestatedAnnual report

    「There were no new business or other risks during the cumulative third-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  21. FY2019-Q2RestatedAnnual report

    「There were no new business or other risks during the cumulative second-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  22. FY2019-Q1RestatedAnnual report

    「There were no new business or other risks during the cumulative first-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  23. FY2018WorsenedAnnual report

    「During the fiscal year, sales to major customers accounted for a maximum of approximately 13%, and the company considers the concentration of credit risk with specific customers to be low.」

    Sales to major customers rose to approximately 13%, from approximately 12% in the previous fiscal year. The company assesses the concentration of dependence and credit risk as low.
  24. FY2018-Q3RestatedAnnual report

    「There were no new business or other risks during the cumulative third-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  25. FY2018-Q2RestatedAnnual report

    「There were no new business or other risks during the cumulative second-quarter period. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding dependence on specific customers and credit risk.
  26. FY2017MitigatedAnnual report

    「Sales to major customers account for a maximum of approximately 12%, and the company considers the business risk arising from dependence on specific customers to be low.」

    Sales to major customers account for a maximum of approximately 12%, down from approximately 13% as previously reported.
  27. FY2016First statedAnnual report

    「Sales to major customers account for a maximum of approximately 13%, and the company considers the business risk arising from dependence on specific customers to be low.」

    The company reports that sales to major customers account for a maximum of approximately 13% and assesses the business risk arising from customer concentration.
Moved together

"Risks of Excess Work Hours, Delivery Delays and Liability for Damages in Development Projects" moved the same way as this thread, in the same document, in 4 of its 27 moves.

43222★12345
  1. ★This thread
  2. 1Risks of Excess Work Hours, Delivery Delays and Liability for Damages in Development Projects4×
  3. 2Uncertainty over the outlook due to a slowdown in emerging-market economies, the UK's withdrawal from the EU, a stronger yen and falling stock prices3×
  4. 3Business Environment Risks Related to Customer IT Investment, Cloud Adoption and Price Competition2×
  5. 4Winning Business Application Projects and Assigning Engineers2×
  6. 5Women account for 9.1% of officers2×

★ 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 Asahi Intelligence Service yet. It last moved in the Earnings of 2026-05-01: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Specific Business Partners and Credit Risk | ASAHI INTELLIGENCE SERVICE CO.,LTD. (9799) | Komori