Risk of contract termination involving AWS, Azure and Google Cloud
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2026.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「No facts currently exist that constitute grounds for termination of the agreement, and we have established a good relationship. However, if the agreement is terminated in the future because we breach grounds for termination or for another reason, this could affect our group’s business operations, operating performance and financial condition.」
The company continues to explain the risk of termination of its agreements with AWS, Microsoft and Google, stating that no grounds for termination have arisen at present. - FY2025RestatedAnnual report
「At present, no circumstances constituting grounds for termination of these agreements have arisen, and we have built good relationships with the vendors. However, if our agreements are terminated in the future, including because we have breached a ground for termination」
The company continues to explain the risk of termination of its agreements with AWS, Microsoft and Google, stating that no grounds for termination have arisen at present. - FY2024RestatedAnnual report
「At present, no circumstances constituting grounds for termination of these agreements have arisen, and we have built good relationships with the vendors. However, if our agreements are terminated in the future, including because we have breached a ground for termination, this could affect our business operations, operating results and financial position.」
The company continues to explain the risk of termination of its agreements with AWS, Microsoft and Google, stating that no grounds for termination have arisen at present. - FY2023First statedAnnual report
「If our agreements are terminated in the future, including because we have breached a ground for termination, this could affect our business operations, operating results and financial position.」
For the sales agreements with 3 public cloud vendors, the company has, for the first time, identified the impact of termination on business operations as a standalone risk.