Risk of Ending Partnerships with Life Card and CIC
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 4 of 18 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Partnerships with credit card operators and credit information agencies are essential to the continuation of the Company’s business. If these partnerships are terminated due to circumstances that would not normally be anticipated, it could affect the continuation of the Company’s business.」
The Company continues to identify the need to maintain its partnerships with Life Card and credit information agencies as a business-continuity risk. - FY2019RestatedAnnual report
「Partnerships with credit card operators and credit information agencies are essential to the continuation of the Company’s business. If these partnerships are terminated due to circumstances that would not normally be anticipated, it could affect the continuation of the Company’s business.」
The Company continues to identify the need to maintain its partnerships with Life Card and CIC as a business-continuity risk. - FY2017RestatedAnnual report
「Partnerships with credit card operators and credit information agencies are essential to the continuation of the Company’s business. If these partnerships are terminated due to circumstances that would not normally be anticipated, it could affect the continuation of the Company’s business.」
The Company continues to state that its partnerships with Life Card and CIC are essential for business continuity. - FY2016First statedAnnual report
「Partnerships with credit card operators and credit information agencies are essential to the continuation of the Company’s business. If these partnerships are terminated due to circumstances that would not normally be anticipated, it could affect the continuation of the Company’s business.」
The Company considers its business arrangement with Life Card and CIC’s credit-screening function to be essential partnerships for business continuity.