Dependence on Outsourced Production and Overseas Procurement, and Supply Disruptions
First written in FY2016. 19 of 26 entries say "Restated". Latest entry: FY2024.
Placo moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 5 of 8 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company outsources a substantial amount of production to external contractors, and if its cooperative relationships with these companies are damaged, product manufacturing may not proceed smoothly. In addition, with regard to overseas production and products procured overseas, which are undertaken to strengthen price competitiveness while maintaining the required product quality, procurement may become impossible due to tensions between countries or the breakdown of cooperative relationships with counterparties, or may be delayed by accidents during transportation from overseas.」
The company continues to disclose the risks of dependence on contract manufacturing, overseas production and overseas procurement, as well as procurement disruptions and delays caused by cooperative relationships, international conditions and transportation accidents. - FY2023MaterialisedAnnual report
「In the maintenance business, revenue decreased compared with the previous fiscal year because parts that needed to be procured could not be received due to the impact of COVID-19 and shortages of electrical products caused by the semiconductor shortage.」
The failure to receive electrical products and parts due to the semiconductor shortage caused the risk associated with dependence on overseas procurement and contract manufacturing to materialize in the form of lower revenue in the maintenance business. - FY2023-Q3MaterialisedAnnual report
「In the maintenance business, revenue decreased compared with the same quarter of the previous year because parts that needed to be procured could not be received due to the continuing impact of COVID-19 from the previous fiscal year and disruptions in international logistics caused by Russia's military invasion of Ukraine.」
The risk of overseas procurement and logistics disruptions continues to materialize in the form of lower revenue in the maintenance business because parts that needed to be procured have not arrived amid disruptions in international logistics. - FY2023-Q2MaterialisedAnnual report
「Revenue decreased compared with the same quarter of the previous year because parts that needed to be procured could not be received due to the continuing impact of COVID-19 from the previous fiscal year and disruptions in international logistics caused by Russia's military invasion of Ukraine.」
The risk of overseas procurement and logistics disruptions continues to materialize in the form of lower revenue in the maintenance business because parts that needed to be procured have not arrived amid disruptions in international logistics. - FY2023-Q1MaterialisedAnnual report
「In the maintenance business, the continuing impact of COVID-19 since the previous fiscal year and international logistics disruption caused by Russia's invasion of Ukraine prevented the arrival of parts that needed to be procured, and revenue declined from the same quarter of the previous year. As a result, revenue was ¥96 million, down 6.8% year on year.」
Disruptions in international logistics prevented the arrival of parts that needed to be procured, and the risk of overseas procurement and logistics disruptions materialized in the form of lower revenue in the maintenance business. - FY2022MaterialisedAnnual report
「The company was unable to receive the parts it needed to procure because of disruptions in international logistics.」
Disruptions in logistics related to overseas procurement and contract manufacturing prevented the parts from arriving, resulting in revenue recognition being pushed into the following fiscal year. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2022-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2022-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2021-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2020MitigatedAnnual report
「When selecting external contractors, the company conducts a thorough preliminary review of their technical capabilities, stable supply capacity, prices and financial condition, followed by discussions and reviews by the heads of the relevant departments. It is also actively reviewing contracts and working with contractors as needed to reduce risks.」
To address the risk of supply disruptions associated with dependence on contract manufacturing and overseas procurement, the company conducts preliminary reviews of contractors, consults with responsible managers, reviews contracts and works jointly with contractors. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2020-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2019RestatedAnnual report
「The company outsources a substantial amount of production to external contractors, and if its cooperative relationships with these companies are damaged, production may not proceed smoothly. In addition, with regard to overseas production and products procured overseas, which are undertaken to strengthen price competitiveness while maintaining the required product quality, procurement may become impossible due to tensions between countries or the breakdown of cooperative relationships with counterparties, or may be delayed by accidents during transportation from overseas.」
The company continues to disclose the risks of dependence on contract manufacturing, overseas production and overseas procurement, as well as procurement disruptions and delays caused by cooperative relationships, international conditions and transportation accidents. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2018RestatedAnnual report
「The company outsources a substantial amount of production to external contractors, and if its cooperative relationships with these companies are damaged, production may not proceed smoothly. In addition, with regard to overseas production and products procured overseas, which are undertaken to strengthen price competitiveness while maintaining the required product quality, procurement may become impossible due to tensions between countries or the breakdown of cooperative relationships with counterparties, or may be delayed by accidents during transportation from overseas.」
The company continues to disclose the risks of dependence on contract manufacturing and overseas procurement, as well as procurement disruptions and delays caused by international conditions, cooperative relationships and transportation accidents. - FY2018-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2018-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2017RestatedAnnual report
「The company outsources a considerable volume of production to external suppliers, and if its cooperative relationships with these companies deteriorate, production of its products may not proceed smoothly. In addition, the company conducts overseas production and procures products overseas to maintain the required product quality while strengthening price competitiveness. Procurement may be disrupted or delayed because of tensions between countries, the breakdown of cooperative relationships with counterparties, or accidents during transportation from overseas.」
The company continues to disclose the risks of dependence on contract manufacturing and overseas production and procurement, as well as supply disruptions and delays caused by the breakdown of cooperative relationships, international conditions and transportation accidents. - FY2017-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2017-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2017-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks, including dependence on outsourced production and overseas procurement and supply disruptions. - FY2016First statedAnnual report
「Although the company manufactures some parts in-house, it outsources a considerable volume of production to external suppliers. If its cooperative relationships with these companies deteriorate, production of its products may not proceed smoothly.」
The company identifies production and procurement delays caused by relationships with external suppliers, tensions between countries and overseas transportation accidents as risks.