Low proportion of proprietary product sales and delays in product development
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2024.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Over the past 3 years, the sales mix of proprietary and third-party products has been approximately 3:7.」
The company continues to pursue plans to expand its proprietary product lineup and quality and performance and increase its sales proportion, while maintaining disclosure of the risk that a low proportion could result in failure to meet its profit plan. - FY2023RestatedAnnual report
「We are implementing a plan to expand our product lineup and quality and performance through the development of proprietary products and increase their sales proportion. Over the past 3 years, the sales mix of proprietary and third-party products has been approximately 3:7.」
The company continues to pursue plans to expand its proprietary product lineup and quality and performance and increase its sales proportion. - FY2022RestatedAnnual report
「We are implementing a plan to expand our product lineup and quality and performance through the development of proprietary products and increase their sales proportion. Over the past 3 years, the sales mix of proprietary and third-party products has been approximately 3:7.」
Based on the explanation that proprietary products have higher gross margins, the company continues to raise their sales proportion through product development. - FY2021nullAnnual report
「The sales mix of proprietary and third-party products is approximately 3:7. However, if product development does not progress as planned and the proportion of proprietary product sales remains low, this could hinder the achievement of the planned profit in the medium-term profit plan and the annual budget.」
The company states that proprietary products carry higher gross margins and has outlined plans to increase their sales proportion by expanding its product lineup and quality and performance.