Risk of Non-Renewal of Disney Character Usage Agreement
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If, for any reason, the agreement were not renewed and we could no longer use Disney characters, revenue related to the use of Disney characters would decline, potentially affecting the Group’s operating results.」
Continues to disclose the risk that failure to renew the Disney character licensing agreement could affect revenue and business performance. - FY2019RestatedAnnual report
「If, for any reason, the agreement were not renewed and we could no longer use Disney characters, revenue related to the use of Disney characters would decline, potentially affecting the Group’s operating results.」
Reiterates the risk that failure to renew the Disney character licensing agreement could affect revenue and business performance. - FY2018RestatedAnnual report
「If, for any reason, the agreement were not renewed and we could no longer use Disney characters, revenue related to the use of Disney characters would decline, potentially affecting the Group’s business performance.」
Reiterates the risk that failure to renew the Disney character licensing agreement could affect revenue and business performance. - FY2016First statedAnnual report
「If, for any reason, the agreement were not renewed and we could no longer use Disney characters, revenue related to the use of Disney characters would decline, potentially affecting the Group’s business performance.」
Discloses the risk that non-renewal of the agreement to use Disney characters could affect revenue and business performance.