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Cyberlinks (3683) · RiskReframed

Dependence on the docomo Brand and CONEXIO Contracts

First written in FY2016. 6 of 12 entries say "Reframed", first in FY2019-Q3. Latest entry: FY2025-H1.

12entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018ReframedFY2019-Q3 – FY2021-Q1ReframedFY2023 – FY2025-H12017: 120172018: 120182019: 220192020: 020202021: 220212022: 120222023: 220232024: 220242025: 12025
Same theme, other companies
Risk to the continuity of key telecommunications and sales agency agreementsA theme 38 companies write about · 36 as a headwind · 1 as a tailwind

Cyberlinks moved to the "Worse" side of this theme in 2022.

The whole theme swung hardest in 2022: 2 of 18 companies on the "Worse" side.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 38 companies compared. The sentences above are computed from all 38.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1ReframedAnnual report

    「Following minor changes to the transaction terms, we entered into a new subcontracting agreement for Docomo Shop operations with CONEXIO Corporation. As a result of entering into this agreement, the agreement with the company dated 1 April 2024, disclosed in the 61st fiscal-year Securities Report, became void.」

    The former agreement with CONEXIO Corporation became void and was changed to a new agreement following minor changes to the transaction terms. The new agreement runs from 1 April 2025 to 31 March 2026 and thereafter renews automatically each year.
  2. FY2024-H1ReframedAnnual report

    「Following minor changes to the transaction terms, we entered into a new subcontracting agreement for Docomo Shop operations with CONEXIO Corporation. As a result of entering into this agreement, the agreement with the company dated 1 April 2023, disclosed in the 60th fiscal-year Securities Report, became void.」

    The agreement with CONEXIO Corporation entered into on 1 April 2023 became void and was changed to a new agreement following minor changes to the transaction terms. The new agreement runs from 1 April 2024 to 31 March 2025 and thereafter renews automatically each year.
  3. FY2023ReframedAnnual report

    「Following minor changes to the transaction terms, we entered into a new subcontracting agreement for Docomo Shop operations with CONEXIO Corporation. As a result of entering into this agreement, the agreement with the company dated 12 September 2019, disclosed in the 59th fiscal-year Securities Report, became void.」

    The former agreement with CONEXIO Corporation became void and was changed to a new subcontracting agreement for Docomo Shop operations running from 1 April 2023 to 31 March 2024. The structure of dependence on the Docomo brand itself continues.
  4. FY2023-Q2WorsenedAnnual report

    「However, profit declined due in part to the impact of changes to the incentive structure by NTT DOCOMO, INC.」

    Under the structure of dependence on the Docomo brand and agency relationships, the impact of changes to NTT DOCOMO, INC.'s incentive structure emerged as lower profit in the Mobile Network business.
  5. FY2023-Q1WorsenedAnnual report

    「In the Mobile Network business, revenue increased as the number of stores and total unit sales rose following the absorption-type merger executed in December 2022. Profit declined, however, due to lower incentives from NTT DOCOMO and the recognition of amortization of goodwill, among other factors.」

    Under its dependence on the Docomo brand and the CONEXIO agency agreement, the reduction in incentives from NTT DOCOMO, INC. emerged as a factor behind lower profit.
  6. FY2021ReframedAnnual report

    「Within the Distribution Cloud business, retailpro, which serves specialty retailers, is relatively small in scale but operates as an agency for Retail Pro International LLC in the United States, on which it depends for almost 100% of its procurement. Sales to a specific major customer also account for approximately 40% of sales.」

    The company has identified a structure of dependence on specific business partners, including dependence on the Docomo brand, retailpro's suppliers and major customers, and the South Osaka Electronic Computing Center's procurement dependence on NEC Corporation.
  7. FY2021-Q3RestatedAnnual report

    「The Mobile Network business consists of operating Docomo Shops as a secondary agent of NTT DOCOMO, INC. under an agency agreement with CONEXIO Corporation, as well as selling mobile phone devices and other products to corporate customers. Almost 100% of our Group's procurement and sales in the Mobile Network business depend on the Docomo brand.」

    The company continues to describe its dependence on the Docomo brand and its agency agreement with CONEXIO Corporation.
  8. FY2021-Q1ReframedAnnual report

    「Sales to a specific major customer also currently account for approximately 40% of sales. We currently maintain good relationships with our suppliers and customers, but changes in their policies or other matters could affect our Group's business performance.」

    In addition to dependence on the Docomo brand, dependence on specific business partners has broadened to include retailpro's suppliers and major customers, as well as the South Osaka Electronic Computing Center's procurement dependence on NEC Corporation.
  9. FY2019-Q3ReframedAnnual report

    「Following minor changes to the transaction terms, we entered into a new subcontracting agreement for Docomo Shop operations with CONEXIO Corporation. As a result of entering into this agreement, the agreement with the company dated 1 October 2015, disclosed in the 55th fiscal-year Securities Report, became void.」

    The former agreement with CONEXIO Corporation became void and was changed to a new subcontracting agreement for Docomo Shop operations following minor changes to the transaction terms. The new agreement ran from 1 April 2019 to 31 March 2020 and thereafter renewed automatically each year.
  10. FY2018RestatedAnnual report

    「Almost 100% of our procurement and sales in the Mobile Network business depend on the Docomo brand.」

    The company continues to describe its structure of relying on the Docomo brand for almost 100% of procurement and sales in the Mobile Network business, as well as the risks of changes to the agency agreement and transaction terms.
  11. FY2017RestatedAnnual report

    「Almost 100% of our procurement and sales in the Mobile Network business depend on the Docomo brand.」

    The company continues to describe its structure of relying on the Docomo brand for almost 100% of procurement and sales in the Mobile Network business, as well as the risks of changes to the agency agreement and transaction terms.
  12. FY2016First statedAnnual report

    「Almost 100% of our procurement and sales in the Mobile Network business depend on the Docomo brand.」

    Almost 100% of procurement and sales in the Mobile Network business depend on the Docomo brand. The company states that termination or changes to the terms of the agency agreement, or changes in Docomo's business policy, could affect business continuity and performance. The agreement renews automatically every year and includes a termination clause requiring 3 months' advance notice from either party.
Moved together

"Caution regarding downside risks in overseas economies and financial market volatility" moved the same way as this thread, in the same document, in 6 of its 12 moves.

653333★123456
  1. ★This thread
  2. 1Caution regarding downside risks in overseas economies and financial market volatility6×
  3. 2Decline in IT cloud profit due to personnel costs associated with workforce expansion5×
  4. 3Declining customer investment appetite and cuts to public-sector system budgets3×
  5. 4Demand for productivity improvements in food distribution and retail3×
  6. 5Impairment Losses Due to Declining Profitability of M&A-Related and Other Fixed Assets3×
  7. 6Consumers’ Preference for Saving and Intensifying Competition Among Different Business Formats3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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News
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Dependence on the docomo Brand and CONEXIO Contracts | CYBERLINKS CO.,LTD. (3683) | Komori