Dependence on specific suppliers
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 20 of 63 companies on the "Worse" side.
43 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「For procurement relating to the precious-metals business, our group relies heavily on a specific supplier. If circumstances arise that prevent transactions with that supplier from continuing for any reason, this may affect the financial condition and operating results of our group.」
This reiterates the dependence on a specific supplier in the precious-metals business and the potential impact if transactions cannot continue. - FY2018RestatedAnnual report
「For procurement relating to the precious-metals business, our group relies heavily on a specific supplier. If circumstances arise that prevent transactions with that supplier from continuing for any reason, this may affect the financial condition and operating results of our group.」
This reiterates the dependence on a specific supplier and the potential impact if transactions cannot continue. - FY2017RestatedAnnual report
「For procurement relating to the precious-metals business, our group relies heavily on a specific supplier. If circumstances arise that prevent transactions with that supplier from continuing for any reason, this may affect the financial condition and operating results of our group.」
This reiterates the dependence on a specific supplier in the precious-metals business and the potential impact if transactions cannot continue. - FY2016First statedAnnual report
「For procurement relating to the precious-metals business, our group relies heavily on a specific supplier. If circumstances arise that prevent transactions with that supplier from continuing for any reason, this may adversely affect the financial condition and operating results of our group.」
This identifies dependence on a specific supplier for procurement in the precious-metals business and the potential impact if transactions cannot continue as a risk.