Risk of Non-Renewal of the J-MOTTO License Agreement
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 8 of 42 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company entered into a Software License Agreement (for Service Use) with NeoJapan Co., Ltd. and receives a license for the groupware service J-MOTTO. The Company maintains a good relationship with NeoJapan Co., Ltd. However, if profitability deteriorates due to intensifying competition or other factors, or if the licensing agreement is not continued for any reason, this could affect the performance of the Company's group.」
The Company continues to disclose the risk that J-MOTTO's licensing agreement may not be continued, together with an explanation that the contractual relationship remains sound. - FY2019RestatedAnnual report
「However, if profitability deteriorates due to intensifying competition or other factors, or if the licensing agreement is not continued for any reason, this could affect the performance of the Company's group.」
The Company continues to disclose the potential impact on performance if the licensing agreement underlying J-MOTTO is not continued. - FY2017First statedAnnual report
「The Company maintains a good relationship with NeoJapan Co., Ltd., and the agreement has been automatically renewed to date. However, if profitability deteriorates due to intensifying competition or other factors, or if the licensing agreement is not continued for any reason, this could affect the performance of the Company's group.」
The Company has identified as a new risk the potential impact on performance if the licensing agreement underlying J-MOTTO is not continued.