Dependence on Partner Agreement with Citrix and Its Products
First written in FY2019. 3 of 8 entries say "Restated". Latest entry: 2026-08-07.
PBsystems moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Mitigated".
- FY2025ReframedAnnual report
「Sales of the company's products in Japan are handled by CXJ Corporation, an IT company established under a strategic partnership agreement between Ascentech K.K. (headquartered in Chiyoda-ku, Tokyo; Representative Director and President: Matsuura Takashi (松浦 崇)) and Cloud Software Group, Inc. (headquartered in Fort Lauderdale, Florida, United States; CEO: Tom Krause). CXJ Corporation sells and supports Citrix and NetScaler products in Japan, and the Company is a platinum reseller of CXJ Corporation.」
The risk of dependence on Citrix products and Cloud Software Group has been reframed as a relationship including the platinum reseller agreement with CXJ Corporation, the entity responsible for domestic sales and support. Diversification through software from multiple companies is also noted. - FY2023ReframedAnnual report
「シトリックス・システムズ・ジャパン株式会社 is a consolidated subsidiary of Cloud Software Group, Inc. in the United States.」
In light of Citrix's parent company and contracting entity becoming part of Cloud Software Group, the Company explains its dependence on the market appeal of its products and renewal of the partnership agreement under the new corporate relationship. - FY2022RestatedAnnual report
「Accordingly, if the market appeal of the company or its products declines substantially, or if the partnership agreement with the company cannot be renewed, this could affect the Company's business and performance.」
The Company continues to disclose the risk of dependence on the market appeal of Citrix products and renewal of the partnership agreement. - FY2021RestatedAnnual report
「If the market appeal of the company or its products declines substantially, or if the partnership agreement with the company cannot be renewed, this could affect the Company's business and performance.」
The Company continues to disclose the risk of dependence on the market appeal of Citrix products and renewal of the partnership agreement. - FY2020RestatedAnnual report
「If the market appeal of the company or its products declines substantially, or if the partnership agreement with the company cannot be renewed, this could affect the Company's business and performance.」
The Company continues to disclose the risk of dependence on the market appeal of Citrix products and the partnership agreement. - FY2019First statedAnnual report
「If the market appeal of the company or its products declines substantially, or if the partnership agreement with the company cannot be renewed, this could affect the Company's business and performance.」
This is a dependence risk stemming from the platinum agreement in place since 2004 and the Company's track record of selling and implementing Citrix products.