Dependence on connections to major payment networks
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company's payment processing center is connected to all of them. If agreements relating to these connections are terminated or otherwise end, the performance of the Company's group could be affected.」
The Company continues to depend on connections to major payment networks, including INFOX, JET-S and stera, and faces the risks of outages and contract termination. - FY2024RestatedAnnual report
「The Company may provide its payment services in cooperation with networks such as CAFIS, operated by NTT DATA Corporation, CARDNET, operated by Japan Card Network Co., Ltd., and stera, operated by Sumitomo Mitsui Card Company, Limited. The Company may become unable to provide its services in the future due to disruptions or other issues affecting these network systems.」
The Company continues to disclose its dependence on connections to major payment networks and the risks of outages and contract termination. - FY2023First statedAnnual report
「The Company may become unable to provide its services in the future due to disruptions or other issues affecting these network systems.」
The Company depends on connections to CAFIS, CARDNET and stera, and states that outages or the termination of connection agreements could affect its financial results.