Dependence on the Termination of or Changes to the Terms of the Contract with the Japan Weather Association
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Added a policy for an alternative media service if the agreement is terminatedAnnual report
「If this agreement is terminated, the company plans to obtain original weather and forecast data, including weather-related data and index information, from a private-sector weather service provider other than the Japan Meteorological Business Support Center or the Japan Weather Association before the agreement expires, and launch another specialized weather forecast media service based on the systems currently in operation. Under the agreement, the company owns the copyrights to the programs and systems used to generate the websites and apps for tenki.jp and tenki.jp Mountain Weather, including their UI and UX.」
While continuing to disclose the risk of termination of the agreement with the Japan Weather Association, the company has added a policy of launching a new weather forecast media service with another weather data provider when the agreement ends. - FY2023RestatedAnnual report
「If either party seeks to terminate the agreement, it must notify the other party no later than 1 year before the final day of the agreement term. In that case, the parties will determine how to respond through consultation.」
The company continues to disclose the term and termination procedures for its business partnership agreement with the Japan Weather Association, as well as the possibility that the tenki.jp business could no longer continue if the agreement is terminated. - FY2023-Q1RestatedAnnual report
「The agreement has a 3-year term from the date of execution and automatically renews for 1-year periods.」
The company continues to disclose the 3-year term, annual automatic renewal and dependence on tenki.jp under its new business partnership agreement with the Japan Weather Association. - FY2022RestatedAnnual report
「The agreement has a 3-year term from the date of execution and automatically renews for subsequent 1-year periods. It specifies a revenue-sharing ratio for revenue from the tenki.jp business of 49.5% for the company and 50.5% for the Japan Weather Association. The company operates in a single segment, the tenki.jp business, which generates most of its revenue.」
The company continues to disclose the term and automatic renewal provisions of its agreement with the Japan Weather Association, the revenue-sharing ratio and its dependence on the single tenki.jp business. - FY2020First statedAnnual report
「The agreement has a 3-year term from the date of execution and automatically renews for subsequent 1-year periods. It specifies a revenue-sharing ratio for revenue from the tenki.jp business of 49.5% for the company and 50.5% for the Japan Weather Association. The company operates in a single segment, the tenki.jp business, which generates most of its revenue.」
The company disclosed the risk of termination or amendment of the agreement in light of its term, automatic renewal provisions, revenue-sharing ratio and dependence on a single business.