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Asaka Riken (5724) · RiskRestated

Unable to procure tantalum due to deficiencies in conflict minerals compliance and supplier response

First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.

3entries
3years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2017 – FY20192017: 12018: 120182019: 12019
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  1. FY2019RestatedAnnual report

    「If tantalum ore can no longer be procured due to tighter regulations, inadequate supplier responses or other factors, product sales volumes may decline, potentially affecting the financial position, operating results and other aspects of the Group.」

    While indicating that it has obtained certification for not using conflict minerals, the company reiterates the risk of being unable to procure tantalum due to tighter regulations or inadequate supplier responses.
  2. FY2018RestatedAnnual report

    「In addition, from the perspective of fulfilling its corporate social responsibility, the Group has obtained certification for measures addressing the non-use of conflict minerals. However, if tantalum ore can no longer be procured due to tighter regulations, inadequate supplier responses or other factors, product sales volumes may decline, potentially affecting the financial position, operating results and other aspects of the Group.」

    While continuing to disclose its certification for not using conflict minerals, the company reiterates the risk of being unable to procure tantalum due to tighter regulations or inadequate supplier responses.
  3. FY2017First statedAnnual report

    「However, if tantalum ore can no longer be procured due to tighter regulations, inadequate supplier responses or other factors, product sales volumes may decline, potentially affecting the financial position, operating results and other aspects of the Group.」

    While obtaining certification for not using conflict minerals, the company identifies as a new risk the inability to procure tantalum ore, and the resulting decline in product sales volumes, due to tighter regulations or inadequate supplier responses.
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Unable to procure tantalum due to deficiencies in conflict minerals compliance and supplier response | Asaka Riken Co.,Ltd. (5724) | Komori