Production structure risks from rising outsourcing costs and partner business discontinuations
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 4 of 20 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In manufacturing its products, the Group outsources all or part of the processing to partner companies. Although there are currently many high-quality partner companies, risks include increases in subcontracting costs due to worsening business conditions and the discontinuation of operations by partner companies because of a lack of successors.」
The risks of higher subcontracting costs and the discontinuation of operations by partner companies in connection with outsourced processing continue to be disclosed. - FY2023RestatedAnnual report
「In manufacturing its products, the Group outsources all or part of the processing to partner companies. Although there are currently many high-quality partner companies, risks include increases in subcontracting costs due to worsening business conditions and the discontinuation of operations by partner companies because of a lack of successors.」
The risks of higher subcontracting costs and the discontinuation of operations by partner companies in connection with outsourced processing continue to be disclosed. - FY2022First statedAnnual report
「In manufacturing its products, the Group outsources all or part of the processing to partner companies. Although there are currently many high-quality partner companies, risks include increases in subcontracting costs due to worsening business conditions and the discontinuation of operations by partner companies because of a lack of successors. If the Group is unable to address these risks, they may affect the Group's financial position and operating results, including through higher subcontracting costs.」
For the first time, the Company separately disclosed the possibility that higher subcontracting costs and the discontinuation of operations by partner companies due to a lack of successors could affect its financial position and operating results.