Parts supply delays caused by Asian suppliers and geopolitical factors
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 3 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group sources parts from suppliers in Asia. Concerns over geopolitical risks and other factors may cause delays in parts supplies, resulting in production adjustments or the suspension of production at the head office plant.」
Continuing risks related to Asian suppliers, geopolitical risks, parts supply delays, and production adjustments or suspensions. - FY2024RestatedAnnual report
「The Group sources parts from suppliers in Asia. Concerns over geopolitical risks and other factors may cause delays in parts supplies, resulting in production adjustments or the suspension of production at the head office plant. As part of its business continuity planning, the Group is reviewing its backup production framework at the head office plant and securing multiple domestic and overseas sourcing locations to minimize the impact on its business. However, if backup production continues for an extended period, procurement of raw materials, parts or products becomes difficult, or sales decline as consumer sentiment deteriorates significantly amid an economic slowdown, the Group's operating results may be adversely affected.」
The company continues to identify Asian suppliers, geopolitical risks, parts supply delays, and production adjustments or suspensions as major risks, and describes potential impacts ranging from prolonged backup production to declining sales caused by an economic slowdown. - FY2023First statedAnnual report
「The Group sources parts from suppliers in Asia. Concerns over geopolitical risks and other factors may cause delays in parts supplies, resulting in production adjustments or the suspension of production at the head office plant.」
In addition to the previous concentration in the Chubu region and natural disaster risks, the company has for the first time systematically identified Asian suppliers, geopolitical risks, parts supply delays, and production adjustments or suspensions as major risks. It cites multiple sourcing locations and backup production at the head office plant as countermeasures.