Fabless Production and Dependence on Chinese Contract Manufacturers
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 1 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company and its consolidated subsidiaries operate an asset-light, so-called fabless production model, outsourcing manufacturing without owning factories. They selectively use contract manufacturers with domestic or overseas factories depending on product characteristics and place orders flexibly, but manufacturing is currently consolidated at domestic factories.」
Reaffirmed that the fabless production model continues and that manufacturing contractors are currently consolidated at domestic factories. - FY2023Consolidated manufacturing contractors at domestic factories.Annual report
「The Group selectively uses contract manufacturers with domestic or overseas factories depending on product characteristics and places orders flexibly, but manufacturing is currently consolidated at domestic factories.」
Stated that manufacturing is now consolidated at domestic factories, moving from the previous fabless structure, which included dependence on Chinese contract manufacturers. - FY2019RestatedAnnual report
「The Group operates an asset-light, so-called fabless production model, outsourcing manufacturing without owning factories. Depending on product characteristics, it selectively uses contract manufacturers with domestic or overseas factories and places orders flexibly. Much of the manufacturing outsourced by the contract manufacturing business is carried out at local factories operated by Chinese contract manufacturers.」
Continued to disclose its fabless production model and dependence on Chinese contract manufacturers. - FY2018RestatedAnnual report
「The Group operates an asset-light, so-called fabless production model, outsourcing manufacturing without owning factories. Depending on product characteristics, it selectively uses contract manufacturers with domestic or overseas factories and places orders flexibly. Much of the manufacturing outsourced by the contract manufacturing business is carried out at local factories operated by Chinese contract manufacturers.」
Reaffirmed the fabless production model and dependence on Chinese contract manufacturers. - FY2016First statedAnnual report
「The Group operates an asset-light, so-called fabless production model, outsourcing manufacturing without owning factories.」
It explained that the Group uses domestic and overseas contract manufacturers selectively and manufactures many electronic products at the local factories of its Chinese contract manufacturers.