High Dependence on Plastic Pallet Suppliers
First written in FY2019. 2 of 6 entries say "Softened", first in FY2021. Latest entry: FY2024.
Upr moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「Of the rental products handled by our group, more than 99% of the plastic pallets procured during the current consolidated fiscal year were products manufactured by 三甲株式会社, including its subsidiaries, and 岐阜プラスチック工業株式会社.」
Dependence on the 2 major suppliers for plastic pallet procurement rose from more than 98% in the previous fiscal year to more than 99%. - FY2023WorsenedAnnual report
「Of the rental products handled by our group, more than 98% of the plastic pallets procured during the current consolidated fiscal year were products manufactured by 三甲株式会社, including its subsidiaries, and 岐阜プラスチック工業株式会社.」
Dependence on the 2 major suppliers rose from more than 92% in the previous fiscal year to more than 98%, increasing supplier concentration risk. - FY2022SoftenedAnnual report
「For plastic pallets procured during the current consolidated fiscal year, more than 92% were products manufactured by 三甲株式会社, including its subsidiaries, and 岐阜プラスチック工業株式会社.」
Dependence on the 2 major suppliers declined from more than 95% in the previous fiscal year to more than 92%, but it remains high. - FY2021SoftenedAnnual report
「For plastic pallets procured during the current consolidated fiscal year, more than 95% were products manufactured by 三甲株式会社, including its subsidiaries, and 岐阜プラスチック工業株式会社.」
Dependence on the 2 major suppliers declined from more than 98% to more than 95%, but it remains high. - FY2020RestatedAnnual report
「For plastic pallets procured during the current consolidated fiscal year, more than 98% were products manufactured by 三甲株式会社, including its subsidiaries, and 岐阜プラスチック工業株式会社.」
It reiterates that more than 98% of plastic pallet procurement depends on 2 companies. - FY2019First statedAnnual report
「For plastic pallets procured during the current consolidated fiscal year, more than 98% were products manufactured by 三甲株式会社, including its subsidiaries, and 岐阜プラスチック工業株式会社.」
More than 98% of plastic pallet procurement depends on 2 companies, creating a risk of serious disruption to the product supply structure if it becomes difficult to continue those business relationships.