Reliance on production outsourced to partner companies
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2020: 4 of 25 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Many of our group's products are manufactured by partner companies under outsourcing arrangements. These arrangements are based on long-standing business relationships built on trust, and we believe stable product supplies are secured. However, if these outsourcing partners are unable to produce sufficient quantities, it may affect the business performance and financial position of our group.」
The company continues to disclose outsourced production by partner companies and the risk that supply and business performance may be affected if an outsourcing partner is unable to produce. - FY2017RestatedAnnual report
「Many of our group's products are manufactured by partner companies under outsourcing arrangements.」
The company continues to disclose its reliance on outsourced production by partner companies and the risk that supply and business performance may be affected if an outsourcing partner is unable to produce. - FY2016First statedAnnual report
「Many of our group's products are manufactured by partner companies under outsourcing arrangements. These arrangements are based on long-standing business relationships built on trust, and we believe stable product supplies are secured. However, if these outsourcing partners are unable to produce sufficient quantities」
While expecting stable supplies based on long-term business relationships, the company identifies the inability of outsourcing partners to produce as a risk to business performance and financial position.