Decline in Procured Products Due to Concerns Over Subcontractor Creditworthiness and Lack of Successors
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 7 of 13 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group has some product accessories it sells manufactured by subcontractors. It continuously monitors order volumes placed with subcontractors and their financial condition. However, if these subcontractors become bankrupt or cease operations because of credit concerns or a lack of successors, this could adversely affect the Group's performance and financial position.」
The Group continues to address the risk of a decline in purchased products due to credit concerns and a lack of successors among subcontractors by stabilizing order volumes and increasing the number of subcontractors. - FY2022RestatedAnnual report
「The Group has some product accessories it sells manufactured by subcontractors. It continuously monitors order volumes placed with subcontractors and their financial condition. However, if these subcontractors become bankrupt or cease operations because of credit concerns or a lack of successors, this could adversely affect the Group's performance and financial position.」
The Group continues to address the risk of a decline in purchased products due to credit concerns and a lack of successors among subcontractors by stabilizing order volumes and increasing the number of subcontractors. - FY2021RestatedAnnual report
「The Group continuously monitors order volumes placed with subcontractors and their financial condition. However, if these subcontractors become bankrupt or cease operations because of credit concerns or a lack of successors, this could adversely affect the Group's performance and financial position.」
The Group continues to address the risk of a decline in purchased products due to credit concerns and a lack of successors among subcontractors by stabilizing order volumes and increasing the number of subcontractors. - FY2020First statedAnnual report
「If subcontractors become bankrupt or cease operations because of credit concerns or a lack of successors, this could adversely affect the Group's performance and financial position.」
Regarding the structure under which some product accessories are outsourced, the Group identifies a decline in purchased products resulting from subcontractors becoming bankrupt or ceasing operations as a new risk, and cites stabilizing order volumes and increasing the number of subcontractors as countermeasures.