Dependence on Yahoo! JAPAN Brand and Technology Licenses
First written in FY2022-Q1. 2 of 4 entries say "Restated". Latest entry: FY2024-Q1.
0 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the Group's financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in the annual securities report for the previous fiscal year, and no material changes to the section titled "Business and Other Risks" in that report.」
The company has reconfirmed that there have been no material changes in the treatment of the risk of dependence on Yahoo! JAPAN brand and technology licenses. - FY2022-Q3RestatedAnnual report
「As a result, Yahoo Japan Corporation continues to have access to the relevant trademarks, technologies and other assets, while the Z Holdings group as a whole has greater flexibility in using the brand and developing technologies, enabling more agile business expansion. Under this agreement, the “Yahoo Japan License Agreement” ended on 22 September 2021.」
The company has reconfirmed that dependence on brand and technology licenses has been reduced as a result of the termination of the Yahoo! JAPAN license agreement and the continued availability of the trademarks and technologies. - FY2022-Q2MitigatedAnnual report
「As a result, Yahoo Japan Corporation continues to have access to the relevant trademarks, technologies and other assets, while the Z Holdings group as a whole has greater flexibility in using the brand and developing technologies, enabling more agile business expansion. Under this agreement, the “Yahoo Japan License Agreement” ended on 22 September 2021.」
The previous license agreement ended on 22 September 2021, and the acquisition of perpetual rights to use the trademarks and technologies reduced the group’s dependence on Oath Holdings, Inc. for its brand and technology. - FY2022-Q1First statedAnnual report
「However, if Oath Holdings, Inc. fails to perform under the contract and trademarks or other assets are not provided, or if the contract is amended or terminated, this could affect the group’s business and business performance.」
The company newly disclosed the risk that its reliance on Oath Holdings, Inc. for many Yahoo! JAPAN trademarks and technologies could affect the business and business performance in the event of non-performance, amendment or termination of the contract.