Risk of securing a stable supply of used products
First written in FY2016. 16 of 17 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2021-Q2RestatedAnnual report
「There have been no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2020-Q2RestatedAnnual report
「There have been no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2019-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2017RestatedAnnual report
「In recent years, concern has grown that the expansion of the online distribution market will shrink the primary distribution market for media and software, including CDs, DVDs and game software. Competition with other companies in the industry to purchase these products has also intensified year by year.」
The risk of securing a stable supply of used goods is reaffirmed against the backdrop of the shrinking primary distribution market due to online distribution and intensifying competition for purchases. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2017-Q1RestatedAnnual report
「During the cumulative period of the current quarter, there were no new events among the matters concerning the business and accounting conditions described in the quarterly report that could have a material impact on investors’ decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of securing a stable supply of used goods. - FY2016First statedAnnual report
「There is no guarantee that the Group will be able to secure used goods of stable quality and quantity on an ongoing basis, which could affect the Group's business results.」
The risk is driven by the contraction of the primary distribution market for media and software as the online distribution market expands, as well as competition with other companies in the industry for purchases.