Risks Related to Contractor Quality and Delivery
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「In the Group, the respective subsidiaries commission contractors to manufacture products and deliver products and merchandise in regions where they cannot make direct deliveries.」
The Group continues to disclose its reliance on contractors for manufacturing and delivery in regions where direct delivery is not possible, as well as the potential impact of quality problems at contractors. - FY2021RestatedAnnual report
「In the Group, the respective subsidiaries commission contractors to manufacture products and deliver products and merchandise in regions where they cannot make direct deliveries.」
The Group continues to disclose its reliance on contractors for manufacturing and delivery in regions where direct delivery is not possible, as well as the potential impact of quality problems at contractors. - FY2018RestatedAnnual report
「In the Group, the respective subsidiaries commission contractors to manufacture products and deliver products and merchandise in regions where they cannot make direct deliveries.」
The Group continues to disclose its reliance on contractors for manufacturing and delivery in regions where direct delivery is not possible, as well as the potential impact of quality problems at contractors. - FY2017RestatedAnnual report
「In regions where the respective subsidiaries cannot make direct deliveries, they commission contractors to manufacture products and deliver products and merchandise.」
The Group reiterates its reliance on contractors for manufacturing and delivery in regions where direct delivery is not possible, as well as the potential impact of quality problems at contractors. - FY2016First statedAnnual report
「The Group provides guidance and oversight to contractors to ensure that the quality of products and merchandise they deliver is properly controlled. However, if an unforeseen event occurs, such as poor quality in delivered products or merchandise, investors and other members of the public may mistakenly believe that the Group is experiencing the same problem.」
The Group relies on contractors for manufacturing and delivery in regions where direct delivery is not possible, and identifies quality issues at contractors and the resulting reputational impact as risks.