Risks of Outsourcing Operations to a Systems Company
First written in FY2016. 7 of 9 entries say "Restated". Latest entry: FY2026.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company regularly investigates the credit standing and other matters of its system provider and works to maintain and develop a good relationship by holding regular monthly meetings with the provider. However, if the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
Continues to describe management measures involving credit investigations and regular meetings with the system provider, as well as the risks of the outsourced provider's failure and other events. - FY2025RestatedAnnual report
「The Company regularly investigates the credit standing and other matters of its system provider and works to maintain and develop a good relationship by holding regular monthly meetings with the provider. However, if the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
Continues to describe management measures involving credit investigations and regular meetings with the system provider, as well as the risks of the outsourced provider's failure and other events. - FY2024RestatedAnnual report
「The Company regularly investigates the credit standing and other matters of its system provider and works to maintain and develop a good relationship by holding regular monthly meetings with the provider. However, if the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
In addition to the risks of the system provider's failure and other events, the description of management measures, including regular investigations of its credit standing and monthly regular meetings, continues. - FY2023Specified measures for managing outsourced providersAnnual report
「The Company regularly investigates the credit standing and other matters of its system provider and works to maintain and develop a good relationship by holding regular monthly meetings with the provider. However, if the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact.」
In addition to the risks of the system provider's failure and other events, specific management measures are described, including regular investigations of its credit standing and monthly regular meetings. - FY2022RestatedAnnual report
「However, if the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
The risks of the system provider's failure, a change in policy, difficulty continuing the contract and higher outsourcing fees are reaffirmed. - FY2021RestatedAnnual report
「If the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
The risks of the system provider's failure, a change in policy, difficulty continuing the contract and higher outsourcing fees are reaffirmed. - FY2020RestatedAnnual report
「However, if the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
The risks of the system provider's failure, a change in policy, difficulty continuing the contract and higher outsourcing fees are reaffirmed. - FY2018RestatedAnnual report
「If the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
Continues to describe the risks of the ASP contract partner's failure, a change in policy, difficulty continuing the contract and higher outsourcing fees. - FY2016First statedAnnual report
「If the relationship of trust is damaged for any reason, such as the unexpected failure of the system provider or a change in its business policy, making it difficult to continue the outsourcing agreement with the system provider, or if outsourcing fees increase substantially, this could have a material impact on the Group's financial position, operating results and other matters.」
Risk associated with outsourcing the operation and maintenance of the trading system to an external system provider.