Reputational and misidentification risk posed by overseas sales agents with the same trade name
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2020.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual reportNo standalone disclosure of the reputational and misidentification risks involving overseas distributors with the same trade name can be confirmed in this filing.
- FY2019RestatedAnnual report
「We post a warning on our website to prevent such misunderstandings, but we cannot rule out the possibility that we may suffer some impact if the corporate image of any of these companies deteriorates, for example.」
The risk of misidentification and reputational damage involving overseas distributors in the United States and Germany with the same trade name remains, and warnings continue to be posted on our website. - FY2017First statedAnnual report
「Companies with the same trade name as ours exist in the United States and Germany, and these companies currently serve as our overseas distributors. However, there is no capital relationship or director overlap whatsoever between these companies and us, and we are not required to assume responsibility for their management. Because they have the same trade name, however, they may be mistakenly identified as members of the same group.」
For the first time, the filing identifies the risk that companies with the same trade name in the United States and Germany, which serve as overseas distributors, may be mistaken for members of the same group despite having no capital or director relationship with us.