Dependence on Yahoo and Google Reseller Agreements
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2025.
Aun Consulting 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 2024: 3 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「For the search-linked advertising and content-linked advertising businesses conducted by the Company, it has entered into a reseller agreement with Google Japan G.K., and sales related to the service are expected to continue accounting for a high share of total sales.」
Whereas the previous description referred to dependence on Yahoo and Google, the important reseller agreement for the current fiscal year is described as the agreement with Google Japan G.K. The risk of dependence on a specific business partner and the policy of diversification through expansion of services other than PPC continue. - FY2022RestatedAnnual report
「The Company plans to reduce its dependence on specific business partners by expanding services other than search-linked advertising and content-linked advertising (PPC), including by considering new services that leverage the expertise and other management resources it has accumulated as a company engaged in multilingual global consulting. It will work to build a revenue structure that does not depend on specific business partners.」
In response to the risk of dependence on Yahoo and Google reseller agreements, the Company continues its policy of diversifying revenue sources by expanding services other than PPC. - FY2016First statedAnnual report
「We have entered into reseller agreements with Yahoo Japan Corporation and Google Inc. (U.S.), and sales related to their services are expected to continue accounting for a high share of total revenue.」
The group discloses its agreements with the 2 companies and its high sales dependence on their services, as well as the potential effects of rejected contracts, discontinued systems or changed contract terms.