Reliance on Authorized Distributor Partners for Development and Sales
First written in FY2017. 6 of 7 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 Group's development and sales activities depend substantially on its relationships with authorized distributor partners. …As of the end of the fiscal year ending March 2026, 30 of the authorized distributor partners belonged to the NTT DATA Group.」
The risk of dependence on authorized distributor partners for development and sales continues to be disclosed, and the disclosure states that 30 authorized distributors belong to the NTT DATA Group. - FY2025RestatedAnnual report
「As of the end of the consolidated fiscal year, the Company had entered into authorized distributor agreements with 138 companies and was working to establish stable, long-term business relationships. However, the Group's results of operations and financial position may be affected if the agreements can no longer be maintained or renewed due to changes in the business policies of authorized distributor partners or other reasons, if authorized distributor partners do not use the Group's products, or if efforts to develop new authorized distributors do not progress as expected.」
The risks of dependence on authorized distributor partners for sales and development, including the maintenance and renewal of agreements and development of new distributors, continue to be disclosed, and the number of agreements has been updated to 138. - FY2024RestatedAnnual report
「As of the end of the consolidated fiscal year, the Company had entered into authorized distributor agreements with 136 companies and was working to establish stable, long-term business relationships. However, the Group's results of operations and financial position may be affected if the agreements can no longer be maintained or renewed due to changes in the business policies of authorized distributor partners or other reasons, if authorized distributor partners do not use the Group's products, or if efforts to develop new authorized distributors do not progress as expected.」
The risks of dependence on authorized distributor partners for sales and development, including the maintenance and renewal of agreements and development of new distributors, continue to be disclosed, and the number of agreements has been updated to 136. - FY2020RestatedAnnual report
「As of the end of the consolidated fiscal year, the Company had entered into authorized distributor agreements with 134 companies and was working to establish stable, long-term business relationships. However, the Group's results of operations may be affected if the agreements can no longer be maintained or renewed due to changes in the business policies of authorized distributor partners or other reasons, if authorized distributor partners do not use the Group's products, or if efforts to develop new authorized distributors do not progress as expected.」
The risks of dependence on authorized distributor partners for sales and development, including the maintenance and renewal of agreements and development of new distributors, continue to be disclosed. - FY2019RestatedAnnual report
「As of the end of the consolidated fiscal year, the Company had entered into authorized distributor agreements with 130 companies and was working to establish stable, long-term business relationships. However, the Group's results of operations may be affected if the agreements can no longer be maintained or renewed due to changes in the business policies of authorized distributor partners or other reasons, if authorized distributor partners do not use the Group's products, or if efforts to develop new authorized distributors do not progress as expected.」
The risks of dependence on authorized distributor partners for sales and development, including the maintenance and renewal of agreements and development of new distributors, continue to be disclosed. - FY2018RestatedAnnual report
「As of the end of the consolidated fiscal year, the Company had entered into authorized distributor agreements with 127 companies and was working to establish stable, long-term business relationships. However, the Group's results of operations may be affected if the agreements can no longer be maintained or renewed due to changes in the business policies of authorized distributor partners or other reasons, if authorized distributor partners do not use the Group's products, or if efforts to develop new authorized distributors do not progress as expected.」
The risks of dependence on authorized distributor partners for sales and development, including the maintenance and renewal of agreements and development of new distributors, continue to be disclosed. - FY2017First statedAnnual report
「As of the end of the consolidated fiscal year, the Company had entered into authorized distributor agreements with 129 companies and was working to establish stable, long-term business relationships. However, the Group's results of operations may be affected if the agreements can no longer be maintained or renewed due to changes in the business policies of authorized distributor partners or other reasons, if authorized distributor partners do not use the Group's products, or if efforts to develop new authorized distributors do not progress as expected.」
The disclosure states that development and sales depend on authorized distributor partners, with risks relating to the maintenance and renewal of agreements, development of new distributors and changes in outsourcing costs.