Excessive Concentration of Production Outsourcing at Chinese Manufacturing Plants
First written in FY2024. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We produce many of our Group's products at factories in China.」
The risks of overreliance on Chinese factories for production outsourcing and supply chain disruption due to political, geopolitical and other risks continue. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
No material changes have been reported regarding overreliance on Chinese factories for production outsourcing. - FY2025RestatedAnnual report
「We produce many of our Group's products at factories in China. Accordingly, if the supply chain becomes unstable in China due to the emergence of political or geopolitical risks or policies relating to infectious diseases, it may affect our Group's performance and financial position.」
The company continues to describe its overreliance on China for production outsourcing and the risk of supply chain disruption due to political and geopolitical risks and infectious-disease policies. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
No material changes have been reported regarding overreliance on Chinese factories for production outsourcing. - FY2024First statedAnnual report
「We produce many of our products at factories in China. Accordingly, if the supply chain becomes unstable in China due to the emergence of political or geopolitical risks or policies relating to infectious diseases, it may affect our performance and financial position.」
The company describes the risk of supply chain disruption due to political and geopolitical risks and infectious-disease policies, against the backdrop of its reliance on Chinese factories for much of its production.