Risk of fluctuations in cosmetics OEM customers’ business performance
First written in FY2016. 1 of 3 entries say "Dropped", first in FY2018-Q2. Latest entry: FY2018-Q3.
0 other companies' latest entry also says "Restated".
- FY2018-Q3RestatedAnnual report
「Because we sold all of our shares in 日本レース株式会社, which was a consolidated subsidiary, in September 2017, the descriptions in the annual securities report for the previous fiscal year under “(1) Product liability” and “(3) Risks associated with fluctuations in customer companies' performance” no longer apply.」
The statement that the risk associated with fluctuations in the performance of cosmetics OEM customers disappeared has been reaffirmed. - FY2018-Q2DroppedAnnual report
「Because we sold all of our shares in 日本レース株式会社, which was a consolidated subsidiary, in September 2017, the descriptions in the annual securities report for the previous fiscal year under “(1) Product liability” and “(3) Risks associated with fluctuations in customer companies' performance” no longer apply.」
Following the withdrawal from the cosmetics OEM business, the description of the risk of declining orders due to fluctuations in the performance of OEM customer companies disappeared. - FY2016First statedAnnual report
「Most of our group's cosmetics business revenue is generated from OEM orders, and earnings may fluctuate as order volumes decline due to changes in the performance of customer companies.」
The structure in which most cosmetics business revenue depends on OEM orders, and the risk of declining orders from customer companies, are described.