Deteriorating performance of key business partners, inventory adjustments, and bad-debt risk
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2024.
5 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Textile products experienced lower orders due to the impact of customers' inventory adjustments and other factors, resulting in lower revenue.」
Lower orders and revenue due to inventory adjustments by key business partners and others were also confirmed for the full fiscal year. - FY2024-Q3RestatedAnnual report
「Textile products experienced lower orders due to the impact of customers' inventory adjustments and other factors, resulting in lower revenue.」
Lower orders and revenue due to customers' inventory adjustments continue. - FY2024-Q2RestatedAnnual report
「In the Thread Products business, high-performance products using proprietary technology performed steadily, but orders at an overseas subsidiary declined due to the impact of customers' inventory adjustments, resulting in lower revenue.」
Lower orders and revenue at an overseas subsidiary due to customers' inventory adjustments continue to represent the actual impact of the inventory-adjustment risk involving key business partners and others. - FY2024-Q1MaterialisedAnnual report
「In the Thread Products business, high-performance products using proprietary technology performed steadily, but orders at an overseas subsidiary declined due to the impact of customers' inventory adjustments, resulting in lower revenue.」
The risk of inventory adjustments by key business partners and others materialized in actual results as lower orders and revenue at an overseas subsidiary due to customers' inventory adjustments. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks of deteriorating performance at key business partners, inventory and production adjustments, and bad debts. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks of deteriorating performance at key business partners, inventory and production adjustments, and bad debts. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks of deteriorating performance at key business partners, inventory and production adjustments, and bad debts. - FY2018First statedAnnual report
「If the performance of major business partners and others deteriorates, large-scale inventory or production adjustments occur, or bad debts arise, the Group's sales could decline and its operating performance and financial position could be materially affected.」
The company has identified as a new risk the impact on sales and financial position of deteriorating performance at key business partners, inventory and production adjustments, and bad debts.