Updated
The most significant concentration Nike discloses is four footwear contract manufacturers at 59%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: Nike’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1: 'four footwear contract manufacturers each accounted for greater than 10% of footwear production and in the aggregate accounted for approximately 59% of NIKE Brand footwear production'”
“10-K Item 1: 'factories in Vietnam, Indonesia and China manufactured approximately 51%, 28% and 17% of total NIKE Brand footwear'”
“10-K Item 1: 'NIKE Brand and Converse sales in the United States accounted for approximately 43% of total revenues'”
Nike's disclosed concentrations are concentrated in manufacturing and, to a lesser degree, in a single selling market. On the supply side, four footwear contract manufacturers each accounted for more than 10% of footwear production and in the aggregate approximately 59% of NIKE Brand footwear production, a large-share dependency. Geographically, factories in Vietnam, Indonesia and China manufactured approximately 51%, 28% and 17% of total NIKE Brand footwear, so Vietnam alone is a large-share structural exposure. On the demand side, NIKE Brand and Converse sales in the United States accounted for approximately 43% of total revenues, a medium-share exposure. Together these point to a business whose risk is operational and geopolitical more than customer-driven: a small group of partners in a few Asian countries produces most of the footwear, and tariffs, trade policy, or local disruption would flow through quickly. The U.S. demand share adds a consumer-cycle element. All are clearly disclosed in the most recent 10-K.
For the engine’s reasoning on NKE’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| NKE● | Nike, Inc. | 2 | 1 | 0 | 3 |
| SHOO | Steven Madden, Ltd. | 2 | 1 | 0 | 3 |
| FWDI | Forward Industries, Inc. | 2 | 0 | 0 | 2 |
| DECK | Deckers Outdoor Corporation | 1 | 1 | 0 | 2 |
| CROX | Crocs, Inc. | 0 | 3 | 0 | 3 |
| WEYS | Weyco Group, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.