Earnings Volatility from Major Customers' Strategy Changes, Order Cancellations and Insolvency
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Our Group is diversifying its risks by fully leveraging the advantages of being an independent corporate group, conducting sales activities freely, and serving a wide range of applications.」
Reconfirms the policy of diversifying risks by serving a wide range of applications in response to fluctuations in end-product demand, changes in customers' product strategies and order cancellations. - FY2021RestatedAnnual report
「Our Group is diversifying its risks by fully leveraging the advantages of being an independent corporate group, conducting sales activities freely, and serving a wide range of applications.」
Reconfirms the risk of changes in customers' product strategies and order cancellations due to fluctuations in end-product demand, as well as diversification through serving a wide range of applications. - FY2020RestatedAnnual report
「Our Group is diversifying its risks by fully leveraging the advantages of being an independent corporate group, conducting sales activities freely, and serving a wide range of applications.」
Reconfirms the risk of earnings volatility from changes in end-product demand, changes in customers' product strategies and order cancellations, as well as diversification through serving a wide range of applications. - FY2018RestatedAnnual report
「If changes in customers' product strategies or order cancellations occur as a result of factors such as sharp changes in global demand for end products in which the Group's devices are used, due to changes in the overall economy or business environment beyond the Group's control, the Group's operating results and financial position could be adversely affected.」
Reconfirms the risk of earnings volatility from changes in customers' product strategies and order cancellations triggered by changes in global demand for end products. - FY2017RestatedAnnual report
「However, if changes in customers' product strategies or order cancellations occur as a result of changes in the overall economy or business environment beyond the Group's control, the Group's operating results and financial position could be adversely affected.」
Reconfirms the risk of earnings volatility from changes in customers' product strategies or order cancellations in the context of a business structure whose main customers are device manufacturers. - FY2016First statedAnnual report
「The Group's operating results have fluctuated significantly in the past and may fluctuate in the future for various reasons. Unexpected events, including changes in product strategies or order cancellations by major customers and the bankruptcy of a major customer, could adversely affect the Group's operating results and financial position.」
Lists changes in product strategies, order cancellations and bankruptcy in connection with the Group's dependence on major customers.