Dependence on external suppliers for specific raw materials and components
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2021: 26 of 58 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「To make business continuity plans (BCPs) for external suppliers more practical and effective, we conduct questionnaires and hold business briefings, continue making improvements, and work to reduce risk by securing stable inventory levels after taking the risks into account, qualifying multiple suppliers, and standardizing components.」
The company continues its measures to reduce dependence on external suppliers, including supplier BCP questionnaires, briefings, stable inventory levels, qualification of multiple suppliers, and standardization of components. - FY2021RestatedAnnual report
「We are working to reduce these risks by securing stable inventory levels after taking the risks into account, qualifying multiple suppliers, and standardizing components.」
The company continues measures to reduce dependence risk through stable inventory levels, qualification of multiple suppliers, standardization of components, and BCP questionnaires and briefings for suppliers. - FY2020MitigatedAnnual report
「We are working to reduce these risks by securing stable inventory levels after taking the risks into account, qualifying multiple suppliers, and standardizing components.」
In response to the risk of dependence on specific suppliers for components, the company has added specific mitigation measures, including supplier questionnaires and briefings, stable inventory levels, qualification of multiple suppliers, and standardization of components. - FY2019RestatedAnnual report
「We depend on certain suppliers for some of the components and raw materials used to manufacture our products. Our ability to continue receiving supplies efficiently and at low cost is affected by numerous factors, including some that are beyond the control of the Group.」
The company continues to address the risks associated with dependence on specific external suppliers for components and raw materials, continuity of supply, and procurement costs. - FY2018RestatedAnnual report
「We depend on certain suppliers for some of the components and raw materials used to manufacture our products. Our ability to continue receiving supplies efficiently and at low cost is affected by numerous factors, including some that are beyond the control of the Group.」
The company continues to describe the risks associated with dependence on specific external suppliers for raw materials and components, continuity of supply, and procurement costs. - FY2016First statedAnnual report
「We depend on certain suppliers for some of the components and raw materials used to manufacture our products. Our ability to continue receiving supplies efficiently and at low cost is affected by numerous factors, including some that are beyond the control of the Group.」
The company identifies the possibility that dependence on specific suppliers for certain components and raw materials may leave it subject to the continuity of supply, costs, and the procurement capabilities and competitiveness of suppliers.