Raw material supply and quality risks arising from China’s political and economic conditions
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 20 of 31 companies on the "Worse" side.
0 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Because raw materials for products accounting for a significant portion of the Group's operating revenue are produced in China and South Africa, unexpected events such as changes in the political or economic climate in China and South Africa could」
In addition to the traditional risk relating to raw materials from China, raw materials from South Africa are now explicitly identified, broadening the scope of political, economic, supply and quality risks associated with the countries of production. - FY2024RestatedAnnual report
「Because raw materials for products accounting for a significant portion of the Group’s operating revenue are produced in China, unexpected events, including changes in China’s political and economic conditions, could cause problems in raw material manufacturing or quality-control systems.」
The company continues to address political and economic, manufacturing and quality-control risks associated with Chinese-produced raw materials. - FY2022RestatedAnnual report
「The company seeks to strengthen relationships with suppliers and understand conditions by entering into basic agreements concerning the supply of products and maintaining regular visits or contact, while gathering information on potential alternative suppliers as a contingency measure.」
The company continues to address supply and quality risks associated with Chinese raw materials through basic agreements, contact with suppliers and the gathering of information on potential alternative suppliers. - FY2020MitigatedAnnual report
「The company seeks to strengthen relationships with suppliers and understand conditions by entering into basic agreements concerning the supply of products and maintaining regular visits or contact, while gathering information on potential alternative suppliers as a contingency measure.」
In response to supply and quality risks associated with Chinese-produced raw materials, the company explicitly identifies basic agreements, regular contact with suppliers and the gathering of information on potential alternative suppliers as countermeasures. - FY2019RestatedAnnual report
「Because the raw materials for the Diet Pu-erh Tea product are produced in China, any unexpected event, such as a change in China's political or economic conditions, that causes problems in raw-material production or quality-control systems could affect the Group's business and performance.」
The company continues to describe political and economic, manufacturing and quality-control risks associated with the production of raw materials for its core products in China. - FY2017RestatedAnnual report
「Because the raw materials for the Diet Pu-erh Tea product are produced in China, any unexpected event, such as a change in China's political or economic conditions, that causes problems in raw-material production or quality-control systems could affect the Group's business and performance.」
The company continues to describe political and economic, manufacturing and quality-control risks associated with Chinese-produced raw materials for its core products. - FY2016First statedAnnual report
「Because the raw materials for the Diet Pu-erh Tea product are produced in China, any unexpected event, such as a change in China's political or economic conditions, that causes problems in raw-material production or quality-control systems could affect the Group's business and performance.」
The company explicitly identifies political and economic, manufacturing and quality-control risks associated with the production of raw materials for its core products in China.