Disruption in Local Management and Supply Chain Inefficiencies at Vietnamese Subsidiary
First written in FY2020-Q2. 6 of 14 entries say "Mitigated", first in FY2020. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1MitigatedAnnual report
「At the Vietnamese subsidiary D&Q JEWELRY Co., Ltd, external orders from other companies have remained solid, following efforts to further improve quality and against the backdrop of positive evaluations of the jointly developed collection with Isetan.」
The document states that external orders at the Vietnamese subsidiary have remained solid as quality improvement efforts continue, indicating stabilization from the previously evident supply and capacity concerns. - 2026-04-13AdvancedEarnings
「At the Vietnamese subsidiary D&Q JEWELLRY Co., Ltd, external orders from other companies remained solid, supported by the positive evaluation of the jointly developed collection with Isetan, following continued efforts to improve quality.」
Following past supply-chain issues, the Group advanced quality improvements and reported solid external orders. - FY2025MitigatedAnnual report
「Contract manufacturing orders from multiple companies, including major jewelry manufacturers with which OEM contracts have been signed, have continued steadily. In July 2025, the company began selling LUX eternal, a jointly developed collection with Isetan, made possible by upgrading its in-house manufacturing capabilities. This reflects the high regard for the technical capabilities and quality-control capabilities of the company's Vietnam factory.」
The document states that, following the disruption of local management and supply chain inefficiencies in the past, OEM contract manufacturing orders have progressed steadily and jointly developed products leveraging enhanced manufacturing capabilities have also been launched. - FY2023-Q2RestatedAnnual report
「At D&Q JEWELLRY Co., Ltd., the Vietnam subsidiary responsible for production (Japanese name: ディーアンドキュー ジュエリー), the Group worked to improve competitiveness across the Group as an SPA company, including by focusing on quality control and process stability.」
The Vietnamese subsidiary continues to pursue a manufacturing strategy focused on quality control and production process stabilization. - FY2022MitigatedAnnual report
「At the production subsidiary D&Q JEWELLERY Co.,Ltd in Vietnam, concerns arose over supply chain disruptions related to the Russia-Ukraine situation in addition to the impact of lockdowns caused by the spread of COVID-19, but the impact on Group performance was minor as the company worked to diversify its supply and logistics structure and stabilize production processes.」
The document states that the impact on Group performance from lockdowns and geopolitical supply constraints was kept minor through diversification of the supply and logistics structure and stabilization of production processes. - FY2022-Q3MitigatedAnnual report
「Although lockdowns in Vietnam due to the spread of COVID-19 and logistics and supply constraints stemming from the situation between Russia and Ukraine raised concerns about supply chain disruptions, the Group minimized the impact on its performance by diversifying its supply and logistics structure and working to stabilize processes.」
The document states that concerns over supply chain disruptions caused by lockdowns and logistics supply constraints were contained to a minimum through diversification of the supply and logistics structure and stabilization of production processes. - FY2022-Q2WorsenedAnnual report
「At the production subsidiary D&Q JEWELLRY Co.,Ltd in Vietnam (Japanese name: ディーアンドキュー ジュエリー), lockdowns in Vietnam continued due to the spread of COVID-19, resulting in some delivery delays and lower capacity utilization.」
The continued lockdowns in Vietnam actually resulted in delivery delays and lower capacity utilization. - FY2022-Q1WorsenedAnnual report
「Lockdowns in Vietnam continued due to the spread of COVID-19, resulting in some delivery delays and lower capacity utilization.」
At the Vietnamese subsidiary, the continued lockdowns actually resulted in delivery delays and lower capacity utilization. - FY2021-Q3RestatedAnnual report
「At D&Q JEWELLERY Co., Ltd., the Vietnam subsidiary responsible for production (Japanese name: ディーアンドキュー ジュエリー), the operating rate had fallen significantly due to adjustments to Group-wide orders. However, production volumes are now recovering in line with the gradual recovery in domestic sales.」
The document continues to describe lower capacity utilization at the Vietnamese subsidiary and a recovery trend in the number of units produced as domestic sales recover. - FY2021-Q2RestatedAnnual report
「Although capacity utilization had declined significantly due to adjustments in orders across the Group following the sharp decline in demand in Japan, the number of units produced is on a recovery trend as sales in Japan gradually recover.」
The document continues to describe lower capacity utilization at the Vietnamese subsidiary, followed by a recovery in the number of units produced as domestic sales recovered. - FY2021-Q1MitigatedAnnual report
「At D&Q JEWELLERY Co., Ltd., the Vietnam subsidiary responsible for production (Japanese name: ディーアンドキュー ジュエリー), the operating rate had fallen significantly due to adjustments to Group-wide orders following the sharp decline in domestic demand and restrictions on procurement. However, production volumes are now recovering in line with the gradual recovery in domestic sales.」
Following lower capacity utilization caused by the sharp decline in demand and order adjustments, the number of units produced entered a recovery trend as sales in Japan recovered. - FY2020MitigatedAnnual report
「The impact of the spread of COVID-19 on the supply chain is currently minor, while the number of units produced is on a recovery trend as sales in Japan gradually recover.」
Although the sharp decline in demand, order adjustments and factory closures caused capacity utilization to decline, the impact of the infectious disease on the supply chain was minor, and the number of units produced was described as being on a recovery trend. - FY2020-Q3ReframedAnnual report
「At the production subsidiary D&Q JEWELLERY Co.,Ltd in Vietnam (Japanese name: ディーアンドキュー ジュエリー), capacity utilization declined significantly because the sharp drop in demand and curbs on procurement led to adjustments in orders across the Group, resulting in temporary closures of production facilities and other measures. The impact of the spread of COVID-19 on the supply chain is currently minor.」
The focus of the risk factors at the Vietnamese subsidiary shifted from the previously disclosed disruption of the local management structure and supply chain inefficiencies to temporary closures and lower capacity utilization caused by the sharp decline in demand and order adjustments. Meanwhile, the impact of the infectious disease on the supply chain was described as minor at present. - FY2020-Q2First statedAnnual report
「Capacity utilization temporarily declined due to disruption of the local management structure and the resulting supply chain inefficiencies.」
The document identifies as a new internal risk the actual occurrence of disruption in the local management structure and supply chain inefficiencies at the Vietnamese subsidiary, which temporarily reduced capacity utilization.