Termination or Unfavorable Modification of Point, Exclusive Sales and Other Agreements
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 6 of 28 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual reportThis filing contains no identifiable disclosure treating the termination or unfavorable amendment of T Point and exclusive distribution agreements as a standalone risk.
- FY2019RestatedAnnual report
「These agreements are scheduled for renewal. However, if they terminate upon expiration, are not renewed, are cancelled or otherwise terminated due to changes in the business strategies of the respective counterparties, or if they are amended in a manner unfavorable to the Company's group, the Group's business and results of operations may be affected.」
The risk of termination or unfavorable amendment of agreements with T Point and sake brewers has been maintained. - FY2018First statedAnnual report
「These agreements are scheduled for renewal. However, if they terminate upon expiration, are not renewed, are cancelled or otherwise terminated due to changes in the business strategies of the respective counterparties, or if they are amended in a manner unfavorable to the Company's group, the Group's business and results of operations may be affected.」
The filing newly specifies the risks of termination, non-renewal, cancellation and unfavorable amendment of the points agreement with T Point Japan and the exclusive distribution agreements with sake brewers.