Dispute risk arising from advertising industry practices, including failure to provide contracts
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: FY2024.
8 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Major advertising agencies and others are currently working to improve industry practices and clarify transactions, and our group also works to exchange documents with business partners in advance in order to clarify transactions.」
The company is reaffirming its response of reducing dispute risk through advance documentation in response to advertising industry practices under which contracts, purchase orders and similar documents are not provided. - FY2020RestatedAnnual report
「Our group also works to exchange documents with business partners in advance in order to clarify transactions.」
The company is reaffirming its response of documenting transactions in advance to address the dispute risk arising from the failure to provide contracts and other documents in the advertising industry. - FY2020-Q3RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were 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 company treats the dispute risk arising from advertising industry practices, including failure to provide contracts, as having undergone no material change. - FY2019-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company treats the dispute risk arising from advertising industry practices, including failure to provide contracts, as having undergone no material change. - FY2018First statedAnnual report
「In the advertising industry, except for matters concerning intellectual property rights, it is common for contracts, purchase orders and similar documents not to be exchanged or issued because industry practices place importance on flexibility and agility in transactions.」
The company is newly disclosing the risk of unforeseen incidents and disputes arising from advertising industry practices under which contracts, purchase orders and similar documents are not provided.