Dependence on Partner Companies and Bringing Work In-House
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 9 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In our verification business, the proportion of work performed by partner companies is relatively high, but the business is not dependent on any particular partner company that could not be replaced. We are focusing on securing engineers while partnering with and selecting from among numerous partner companies.」
The company continues to address the risks associated with the proportion of work performed by partner companies, delays in shifting work in-house, and contract termination or worsening terms, through partnerships with numerous partner companies and recruitment. - FY2024RestatedAnnual report
「In our verification business, the proportion of work performed by partner companies is relatively high, but the business is not dependent on any particular partner company that could not be replaced.」
The company continues to address the relatively high proportion of work performed by partner companies and the risks of delays in shifting work in-house and contract termination, through partnerships with numerous partner companies and recruitment. - FY2023First statedAnnual report
「In our verification business, the proportion accounted for by partner companies was high at approximately 50% in the fiscal year ended March 2023, but the business was not dependent on any particular partner company that could not be replaced.」
The company identifies the proportion of work performed by partner companies, the shift to internally performed work, and the termination or worsening of terms of contracts with partner companies as risks. It plans to mitigate these risks by securing engineers through recruitment and partnering with multiple companies.