Dependence on Purchases from Kao Corporation and Risk of Supply Disruption
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 20 of 63 companies on the "Worse" side.
43 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Purchases from Kao Corporation account for approximately 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
The Company continues to recognize the risk that changes in sales strategy or supply disruptions could affect the business, given its approximately 40% dependence on Kao Corporation for procurement. - FY2023RestatedAnnual report
「Purchases from Kao Corporation account for approximately 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
The disclosure continues to state that procurement dependence on Kao Corporation is approximately 40%, that the relationship with Kao Corporation forms the business foundation, and that supply disruptions or changes in sales strategy could affect performance. - FY2022RestatedAnnual report
「Purchases from Kao Corporation account for approximately 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
The disclosure continues to state that procurement dependence on Kao Corporation is approximately 40%, that the relationship with Kao Corporation forms the business foundation, and that supply disruptions and other events could affect performance. - FY2020SoftenedAnnual report
「Purchases from Kao Corporation account for approximately 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
Dependence on Kao Corporation was described as approximately 40% in the current fiscal year, compared with the previous description of being at a level exceeding 40%. However, the recognition that the relationship with Kao Corporation forms the business foundation and that supply disruptions and other events could affect performance has continued. - FY2018RestatedAnnual report
「Purchases from Kao Corporation account for more than 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
The disclosure continues to state that procurement dependence on Kao Corporation exceeds 40%, that the relationship with Kao Corporation forms the business foundation, and that supply disruptions or changes in sales strategy could affect performance. - FY2017RestatedAnnual report
「Purchases from Kao Corporation account for more than 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
The disclosure continues to identify the risk that the more-than-40% dependence on Kao Corporation for procurement and changes in supply or sales strategy could affect the business. - FY2016First statedAnnual report
「Purchases from Kao Corporation account for more than 40% of total procurement by our Group, indicating a high degree of dependence. Our relationship with Kao Corporation also forms the business foundation of our Group.」
The disclosure states that transactions with Kao Corporation form the business foundation and that, because procurement exceeds 40% of total procurement, changes in sales strategy or supply disruptions could affect performance.