Reliance on a Major OEM Contract Manufacturer
First written in FY2021. 1 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2025.
Waqoo moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2024: 10 of 32 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Dependence on one major contract manufacturer is relatively high.」
The company continues to disclose dependence risk without a specific percentage. - FY2024SoftenedAnnual report
「Dependence on one major contract manufacturer is relatively high.」
The company continues to disclose dependence risk without providing the specific percentage previously reported. - FY2023WorsenedAnnual report
「Of our contract manufacturers, dependence on one major manufacturer, ホシケミカルズ株式会社, was high at 85.9% in the fiscal year ended September 2023.」
Dependence on the major OEM manufacturer rose from 82.6% to 85.9%. - FY2022MitigatedAnnual report
「Dependence on one major manufacturer, ホシケミカルズ株式会社, was 82.6% in the fiscal year ended September 2022」
Dependence declined from 87.9% to 82.6% but remained high. - FY2021First statedAnnual report
「Of our contract manufacturers, dependence on one major manufacturer, ホシケミカルズ株式会社, was high at 87.9% in the fiscal year ended September 2021.」
The company quantified dependence on a specific contract manufacturer at 87.9% and disclosed supply risks from operational shutdown or contract termination.