FreeBit (3843) · RiskRestated
Changes in Partner Strategy in the Tone Mobile Joint Venture
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
3entries
4years
0from disclosures
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Business continuity risk arising from changes in the financial condition, regulatory environment, and management policies of joint venture and alliance partnersA theme 14 companies write about · 14 as a headwind · 0 as a tailwind
10 other companies' latest entry also says "Restated".
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.
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- FY2020RestatedAnnual report
「Tone Mobile株式会社 expanded its business to acquire users of MVNO services as a joint venture between the company and カルチュア・コンビニエンス・クラブ株式会社, but」
The company confirms that Tone Mobile was a joint venture with CCC and that its business operations were premised on maintaining a relationship with its partner. - FY2019RestatedAnnual report
「Because this is a joint venture, if the CCC Group changes its strategy or similar circumstances arise, the business may not progress as the company expects.」
The company continues to identify the risk that a change in the CCC Group’s strategy could affect the progress of the Tone Mobile business. - FY2017First statedAnnual report
「If the CCC Group changes its strategy or similar circumstances arise and the change is not consistent with the company’s strategy, the business may not progress as expected.」
The company discloses that a change in the partner’s strategy could affect the progress of the Tone Mobile business, a joint venture with the CCC Group.