Non-renewal of contracts due to clients switching providers or bringing operations in-house
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
5 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Contract periods with clients vary from 1 month to multiple years. If contracts with major customers are not renewed because of early termination associated with switching to another provider, bringing operations in-house or other factors, this may affect the company group’s financial position and operating results.」
The company continues to describe the range of contract periods and the risk of non-renewal due to switching providers, bringing operations in-house or early termination. - FY2022RestatedAnnual report
「Contract periods with clients vary from 1 month to multiple years. If contracts with major customers are not renewed because of early termination associated with switching to another provider, bringing operations in-house or other factors, this may affect the company group’s financial position and operating results.」
The company continues to describe the range of contract periods and the risk of non-renewal due to switching providers, bringing operations in-house or early termination. - FY2021First statedAnnual report
「Contract periods with clients vary from 1 month to multiple years. If contracts with major customers are not renewed because of early termination associated with switching to another provider, bringing operations in-house or other factors, this may affect the company’s financial position and operating results.」
The company describes the range of contract periods and identifies non-renewal due to switching providers, bringing operations in-house or early termination as risks.