Risk of Suspension of License Supply for Technologies Comprising BizRobo!
First written in FY2018. 13 of 16 entries say "Restated". Latest entry: FY2025.
OPEN Group moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 8 of 42 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Some of the technology comprising BizRobo!, currently the main product of the intelligent automation business, is licensed under a reseller agreement with Tungsten Automation Japan Co., Ltd., the Japanese subsidiary of US-based Tungsten Automation Corporation. The reseller agreement is valid through 31 December 2027. However, if the supply of software licenses from that company is suspended or terminated in the future due to a change in its business policy or other reasons, this may affect the performance of the intelligent automation business.」
The disclosure has been made more specific, changing from the previous reference to the licensor to an agreement with Tungsten Automation Japan Co., Ltd., and expressly stating that the agreement is valid through 31 December 2027. The risk of supply being suspended or terminated continues. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to explain that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2025-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2024ReframedAnnual report
「Some of the technology comprising BizRobo!, currently the main product of the robot outsourcing business, is licensed under a reseller agreement with US-based Tungsten Automation Corporation.」
The disclosure has changed from referring to Kapow Technologies Inc. to identifying Tungsten Automation Corporation as the licensor. The agreement has no specified term, and the risk of an impact on performance if supply is suspended or terminated continues. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. This is a general risk disclosure, with no quantified event having occurred. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2023-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2022RestatedAnnual report
「The reseller agreement has no specified term. If a change or other amendment becomes necessary, it will be determined through consultation between the two parties. The laws, agreement or other provisions do not specify grounds for cancellation, termination or other matters. If the supply of software licenses from that company is suspended or terminated in the future due to a change in its business policy or other reasons, this may affect the performance of the robot outsourcing business.」
The company continues to disclose the term of its agreement with Kapow Technologies Inc., grounds for termination and the risk of suspension of license supply. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes to the risk of suspension of licenses for technology comprising BizRobo!. - FY2019RestatedAnnual report
「The reseller agreement has no specified term. If a change or other amendment becomes necessary, it will be determined through consultation between the two parties. The laws, agreement or other provisions do not specify grounds for cancellation, termination or other matters. Although we plan to handle RPA software from other companies in the future, if the supply of software licenses from that company is suspended or terminated due to a change in its business policy or other reasons, this may affect the performance of the robot outsourcing business.」
The company continues to disclose the terms of its agreement with Kapow Technologies and the risk of suspension of licenses for technology comprising BizRobo!. - FY2018First statedAnnual report
「Some of the technology comprising BizRobo!, currently the main product of the robot outsourcing business, is licensed under an agreement with US-based Kapow Technologies Inc. Although we plan to handle RPA software from other companies in the future, if the supply of software licenses from that company is suspended or terminated due to a change in its business policy or other reasons, this may affect the performance of the robot outsourcing business.」
The company discloses its reliance on a specific licensor for some of the technology used in its main product.