Hibino (2469) · RiskRestated
Risks Relating to Minimum Purchase Requirements, Contract Renewals and Distributor Changes for Overseas Brands
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
3entries
4years
0from disclosures
How it moved
Same theme, other companies
Risk of suppliers’ non-exclusive distribution rights and supply interruptionsA theme 8 companies write about · 8 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
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- FY2020RestatedAnnual report
「The group mitigates the risk of dependence on specific suppliers by securing import and sales rights for a large number of high-quality brands.」
The company is reconfirming its policy of reducing dependence by securing import and sales rights for multiple brands in response to the risks of minimum purchase requirements for overseas brands, supply delays and changes of agency. - FY2018RestatedAnnual report
「Minimum purchase requirements are increasingly common in agreements with manufacturers, and if import purchases fall below the amount sought by a manufacturer, this may affect the next contract.」
The company reiterates the risks of failing to meet minimum purchase requirements for overseas brands, supply delays, changes in manufacturers' policies, and changes of agency. - FY2017First statedAnnual report
「Minimum purchase requirements are increasingly common in agreements with manufacturers, and if import purchases fall below the amount sought by a manufacturer, this may affect the next contract.」
For import agency agreements, the company identifies as risks failure to meet minimum purchase requirements, delays in product supply, changes in manufacturers' business policies, and changes of agency.