OEM competition from companies based in China, Hong Kong, South Korea and Taiwan
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 6 of 10 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Companies based in China, Hong Kong, South Korea and Taiwan are increasingly prominent. They have established production sites in countries and regions with abundant labour and maintain a structure capable of meeting diverse customer requirements in terms of both volume and quality.」
The growing presence of companies based in China, Hong Kong, South Korea and Taiwan, and the resulting competition risks relating to price, quality and delivery schedules, continue to be disclosed. - FY2019First statedAnnual report
「Major players in this business area are increasingly companies based in China, Hong Kong, South Korea and Taiwan. They have established production sites in countries and regions with abundant labour and maintain a structure capable of meeting the diverse customer requirements in terms of both volume and quality.」
The regional rise of competitors in the apparel OEM field and the need to secure advantages in price, quality and delivery schedules were disclosed as a separate risk for the first time.