Collection and Sales Competition Risks from Dealer Dependence
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2020: 6 of 27 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Every year, we hold a nationwide dealer conference attended by our major dealers to announce new products, gather information on market needs, and discuss various sales-related issues. We strive to maintain good relationships with our major dealers.」
Continued relationship-maintenance measures addressing collection and sales competition risks arising from dealer dependence. - FY2020-Q3RestatedAnnual report
「Our overseas consolidated subsidiaries also held private shows and meetings with local dealers.」
Reconfirmed that the Group continues to hold meetings with overseas dealers and local dealers to maintain relationships and strengthen its sales network. - FY2019MitigatedAnnual report
「Every year, we hold a nationwide dealer conference attended by our major dealers to announce new products, gather information on market needs, and discuss various sales-related issues. We strive to maintain good relationships with our major dealers.」
In response to collection risks arising from dealer dependence and the risk of dealers handling competing products, disclosed measures to maintain relationships and gather market information through annual nationwide dealer conferences. - FY2017First statedAnnual report
「Our Group's products are sold to users through dealers. If dealers delay payment or become unable to collect amounts due because of changes in their financial condition or the business environment, this may affect our Group's financial position and operating results. Dealers also handle competing products made by our Group's competitors.」
Newly disclosed the risk of collection of receivables through dealers and the sales-channel risk that dealers may prioritize competing products.