Dependence on Hitachi,Ltd. and a Limited Number of Suppliers
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 20 of 63 companies on the "Worse" side.
43 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, because the Company has a limited number of suppliers, any significant deterioration in the business conditions of these business partners or any serious problem with product supplies could affect the Company’s financial position and operating results.」
The risk of dependence on a limited number of suppliers, including Hitachi, Ltd., continues. - FY2022RestatedAnnual report
「However, because the Company has a limited number of suppliers, any significant deterioration in the business conditions of these business partners or any serious problem with product supplies could affect the Company’s financial position and operating results.」
While the risk of dependence on a limited number of suppliers, including Hitachi, Ltd., remains, the distributor agreement is described as reflecting an ongoing, sound relationship. - FY2021MitigatedAnnual report
「The agreement was renewed effective 15 June 2021.」
The distributor agreement with Hitachi, Ltd. was renewed, and an ongoing, sound business relationship is noted. However, the risks associated with termination of the agreement and reliance on a limited number of suppliers remain. - FY2020First statedAnnual report
「Because the Company has a limited number of suppliers, any significant deterioration in the business conditions of these business partners or any serious problem with product supplies could affect the Company’s financial position and operating results.」
The potential termination or amendment of the terms of a distributor agreement, as well as problems with hardware supplies, are contemplated.