Dependence on Specific Customers and the Risk of Customer Withdrawal or Business Sales
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2025.
Innotech moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 7 of 19 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「If changes to or cancellations of customers' production plans cause the inventory in question to be held for an extended period and become excess inventory, the company may recognize an impairment loss on inventories that is not expected to be recovered.」
The company has added specific details to the risk of dependence on specific customers, including the possibility of excess inventory and inventory impairment losses resulting from changes to or cancellations of customers' production plans. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes concerning dependence on specific customers and the risk of customer withdrawals and business sales. - FY2024-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes concerning dependence on specific customers and the risk of customer withdrawals and business sales. - FY2022First statedAnnual report
「Customers for the company's proprietary semiconductor memory test systems, the core products of its Test Solutions business, are specific semiconductor memory manufacturers, resulting in a high degree of dependence on major customers for segment revenue.」
The company separately identifies the risk that its core tester business could be affected by its high dependence on specific customers, customers restraining capital investment, stagnation in production activity, and customer business withdrawals or sales resulting from industry consolidation.