Dependence on Panasonic Products and Outsourced Maintenance
First written in FY2016. 2 of 5 entries say "Mitigated", first in FY2017. Latest entry: FY2023.
The whole theme swung hardest in 2020: 8 of 42 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「If neither party gives written notice to the contrary at least 3 months before the end of the contract term, the contract will be renewed for 1 year on the same terms, and the same will apply thereafter. The annual renewals are limited to 31 March 2027 at the latest, but the company believes that the contract can continue after 1 April 2027 as well.」
The company disclosed the renewal conditions for the basic outsourcing agreement with パナソニック産機システムズ株式会社 and the possibility of continuing the agreement after 2027. - FY2019RestatedAnnual report
「If sales of the large air-conditioning equipment manufactured and sold by the Panasonic group decline, demand for the company's maintenance services as an authorized manufacturer service provider for Panasonic group companies may also decline, potentially affecting the group's results.」
The company has continued to disclose the risk of dependence on sales trends for large Panasonic air-conditioning equipment and on its authorized service-provider business. - FY2018RestatedAnnual report
「If sales of the large air-conditioning equipment manufactured and sold by the Panasonic group decline, demand for the company's maintenance services as an authorized manufacturer service provider for Panasonic group companies may also decline, potentially affecting the group's results.」
The company has continued to disclose the risk that maintenance demand depends on sales trends for large Panasonic air-conditioning equipment. - FY2017MitigatedAnnual report
「Transactions between the company and パナソニック産機システムズ株式会社 have continued since the company's establishment in 1977. Through its track record in maintenance services over many years and its comprehensive sales capabilities, the company has built a relationship of mutual trust and expanded its share among that company's business partners. No factors currently exist that would hinder continuation of the contract.」
The company disclosed the basic outsourcing agreement dated 1 April 2017 and explained that no factors currently exist that would hinder continuation of the contract. - FY2016First statedAnnual report
「A substantial portion of the group's air-conditioning equipment maintenance business consists of maintenance services outsourced by パナソニック産機システムズ株式会社. Accordingly, an event resulting in the termination of the basic outsourcing agreement with the company could affect the group's results.」
The company identifies contract termination, the manufacturer's insourcing of maintenance, and lower sales of the products it handles as potential factors affecting its results.