Dependence on an Outsourced Cosmetics Manufacturing Provider
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 10 of 32 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「For cosmetics under the “SignaLift” brand, we do not own manufacturing facilities for the products we sell and outsource all manufacturing to 株式会社シャローム.」
The structure of fully outsourcing cosmetics manufacturing to 株式会社シャローム, and the risks associated with an inability to continue the outsourcing arrangement or a production stoppage, remain. - FY2021RestatedAnnual report
「For cosmetics under the “SignaLift” brand, we do not own manufacturing facilities for the products we sell and outsource all manufacturing to 株式会社シャローム.」
The structure of fully outsourcing cosmetics manufacturing to 株式会社シャローム, and the risks associated with an inability to continue the outsourcing arrangement or a production stoppage, remain. - FY2020RestatedAnnual report
「We do not own manufacturing facilities for the products we sell and outsource all manufacturing to 株式会社シャローム.」
The structure of relying on a single external contractor for cosmetics manufacturing remains. - FY2019First statedAnnual report
「We do not own manufacturing facilities for the products we sell and outsource all manufacturing to 株式会社シャローム. Accordingly, if for any reason it becomes impossible to continue outsourcing manufacturing to that company」
Risks include the inability to continue the contract with the sole contract manufacturer and production stoppages caused by accidents or natural disasters.