Contract Termination and Connection Restrictions by Credit Card Companies
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Our Group seeks to maintain close coordination through regular discussions and information sharing with major credit card companies, and works to mitigate these risks by monitoring trends in contractual terms and diversifying business partners.」
For the risks of contract termination and changes to terms by credit card companies, regular discussions, information sharing and diversification of business partners are listed as countermeasures. - FY2023RestatedAnnual report
「However, if a credit card company were to request termination of its agreement with us or impose connection restrictions, such as changes to the terms, this could affect the performance of our Group.」
This reiterates the risk of impacts resulting from contract termination, changes to terms and connection restrictions involving credit card companies. - FY2021RestatedAnnual report
「However, if a credit card company were to request termination of its agreement with us or impose connection restrictions, such as changes to the terms, this could affect the performance of our Group.」
This reiterates the risks of contract termination, changes to terms and connection restrictions involving card companies. - FY2020First statedAnnual report
「However, if a credit card company were to request termination of its agreement with us or impose connection restrictions, such as changes to the terms, this could affect the performance of our Group.」
This describes the risks of contract termination, changes to terms and connection restrictions associated with reliance on merchant agency and comprehensive merchant agreements with card companies.