Reduction in sales rights due to supplier business reorganizations and sales policies
First written in FY2016. 5 of 8 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2019.
Restar moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 4 of 18 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「Following the filing for corporate rehabilitation proceedings by Chunghwa Picture Tubes, Ltd., one of the suppliers, the Company recorded ¥93 million in costs for transferring orders to other suppliers.」
The ¥93 million cost of transferring orders following a supplier's corporate rehabilitation proceedings was incurred, giving concrete form to the supplier business reorganization and sales policy risk. - FY2019-Q3MaterialisedAnnual report
「In the Semiconductor and Electronic Components business, revenue declined due in part to the termination of sales of Sony semiconductors and electronic components to the Samsung Group. However, the segment profit margin improved as a result of a higher gross profit margin and the recovery or reversal of allowance for doubtful accounts in Hong Kong and Singapore.」
The reduction in sales rights for a specific customer following the termination of transactions with the supplier continued to be cited as an actual factor behind the decline in revenue. - FY2019-Q2MaterialisedAnnual report
「In the Semiconductor and Electronic Components business, revenue declined due in part to the termination of sales of Sony semiconductors and electronic components to the Samsung Group. However, the segment profit margin improved as a result of a higher gross profit margin and the recovery or reversal of allowance for doubtful accounts in Hong Kong and Singapore.」
The reduction in sales rights for a specific customer following the termination of transactions with the supplier was cited as an actual factor behind the decline in revenue. - FY2019-Q1MaterialisedAnnual report
「In the Semiconductor and Electronic Components business, revenue declined due in part to the termination of sales of Sony semiconductors and electronic components to the Samsung Group. However, the segment profit margin improved as a result of a higher gross profit margin and the recovery or reversal of allowance for doubtful accounts in Hong Kong and Singapore.」
The reduction in sales rights for a specific customer following the termination of transactions with the supplier was cited as an actual factor behind the decline in revenue. - FY2018RestatedAnnual report
「If the Group loses or reduces its sales rights as a result of a supplier's business reorganization, including M&A, or changes in its sales channel or territory policies, the Group's performance and financial condition may be affected.」
The Company reiterates the risk of losing or reducing sales rights as a result of supplier reorganizations or changes in sales policies. - FY2018-Q2MaterialisedAnnual report
「The sale of Sony semiconductors and electronic components to the Samsung Group by a consolidated subsidiary of the Company was discontinued. Following discussions with Sony Semiconductor Solutions Corporation, the transaction was terminated at the end of December 2017.」
Following discussions with the supplier, sales to a specific customer were terminated, giving concrete form to the risk of reduced sales rights resulting from changes in the supplier's sales policy. - FY2017RestatedAnnual report
「If the Group loses or reduces its sales rights as a result of a supplier's business reorganization, including M&A, or changes in its sales channel or territory policies, the Group's performance and financial condition may be affected.」
The Company reiterates the risk of losing or reducing sales rights as a result of supplier reorganizations or changes in sales policies. - FY2016First statedAnnual report
「If the Group loses or reduces its sales rights as a result of a supplier's business reorganization, including M&A, or changes in its sales channel or territory policies, the Group's performance and financial condition may be affected.」
The Company anticipates the loss or reduction of sales rights resulting from supplier reorganizations or changes in channel policies.