Decline in Revenue following the Cessation of OEM Transactions with a Major Theme Park
First written in FY2019-Q1. 3 of 5 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Profitability improved significantly as initiatives since the previous period, including discontinuing OEM production for theme parks and establishing a supply structure for group companies through new production lines, proved successful.」
The company continues to explain the improvement in profitability resulting from establishing new production lines after discontinuing OEM production and building a supply structure for group companies. - FY2020-Q3RestatedAnnual report
「Profitability improved significantly as initiatives implemented from the middle of the previous consolidated fiscal year, including discontinuing OEM production for theme parks and increasing sales to group companies through the establishment of new production lines, proved successful.」
Profitability continues to improve as initiatives including establishing new production lines after discontinuing OEM production for theme parks proved successful. - FY2020-Q2RestatedAnnual report
「Profitability improved significantly as initiatives implemented during the previous consolidated fiscal year, including discontinuing OEM production for theme parks and increasing sales to group companies through the establishment of new production lines, proved successful.」
Measures to improve manufacturing profitability in the previous fiscal year, including establishing new production lines after discontinuing OEM production, proved successful, and profitability continues to improve. - FY2020-Q1MitigatedAnnual report
「Efforts implemented in the previous fiscal year to improve manufacturing profitability, including discontinuing OEM production for theme parks and increasing sales to Group companies through the addition of production lines, proved effective.」
Although the discontinuation of OEM production had an impact, measures to improve manufacturing profitability, including the establishment of new production lines, were successful, and the 九十九島 Group shifted from an operating loss in the previous year to an operating profit. - FY2019-Q1MaterialisedAnnual report
「Overall performance declined due in part to the impact of discontinuing OEM transactions for major theme parks.」
The discontinuation of OEM transactions for major theme parks actually occurred and is identified as a factor behind the decline in sales across the 九十九島 Group.