Uncertainty over execution of the HACH partnership and increasing dependence
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 3 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, if the partnership activities fail to produce the results initially expected, this could affect our group's operating results and financial position. Our group seeks to confirm each other's intentions from time to time and build a good relationship through regular information exchanges and meetings with HACH.」
The company continued to disclose the risk of failing to achieve the expected results from the HACH partnership, as well as relationship maintenance through regular information exchanges and meetings. - FY2023RestatedAnnual report
「If the partnership activities fail to produce the results initially expected, this could affect our group's operating results and financial position.」
The company continued to disclose the risk that failure to achieve the expected results from the partnership with HACH could affect its operating results and financial position. - FY2018First statedAnnual report
「However, there is no assurance that the partnership activities will be carried out as planned, and even if they are carried out, the intended economic benefits may not be realized. In addition, as our dependence on HACH increases, any deterioration in HACH's performance could affect our group's operating results and financial position.」
The company identified as new risks relating to the partnership with HACH the possibility that it may not be carried out as planned, the possibility that the expected economic benefits may not be realized, and the impact of increased dependence on HACH.