Risk of Suspension or Delays at Overseas Contract Manufacturers
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
4 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, if unforeseen economic fluctuations, political issues, food safety issues or other problems arise, or if an infectious disease such as COVID-19 spreads, production at contractors may be suspended or delayed, resulting in lost sales opportunities and higher manufacturing and logistics costs, which could affect the operating results and financial condition of the Group.」
The risks of lost sales opportunities and higher costs due to suspension or delays at overseas contract manufacturers in South Korea and elsewhere remain in place. - FY2023First statedAnnual report
「The Group outsources the production of some products to overseas companies, including companies in South Korea, and sells the products in Japan. However, if unforeseen economic fluctuations, political issues, food safety issues or other problems arise, or if an infectious disease such as COVID-19 spreads, production at contractors may be suspended or delayed, resulting in lost sales opportunities and lower profit margins due to higher manufacturing and logistics costs.」
For outsourced production in South Korea and elsewhere, suspension or delays due to political conditions, economic fluctuations, food safety issues and infectious diseases are identified as risks.