Sales concentration in the LITALICO Works business
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 7 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2022DroppedAnnual report
「The major risks recognized as potentially having a material impact on the financial position, operating results and cash flows of the Group's consolidated companies are as follows.」
Revenue concentration in the LITALICO Works business, which had previously been disclosed, is not listed separately as a major risk for the current fiscal year. - FY2022-Q2RestatedAnnual report
「There were no significant changes during the second quarter of the current consolidated cumulative period.」
The Company states that there were no significant changes to its major risks, including the risk of revenue concentration in the LITALICO Works business. - FY2022-Q1RestatedAnnual report
「Although the system for employing people with disabilities and the statutory employment rate for people with disabilities are expected to remain in place and increase going forward, the fact that revenue from the LITALICO Works business, as defined under the Comprehensive Support for Persons with Disabilities Act, accounts for a large proportion of the Company's revenue mix presents a challenge from the perspective of sound management.」
The concentration of revenue in the LITALICO Works business continues to be treated as a management challenge. - FY2021First statedAnnual report
「The LITALICO Works business accounts for 47.6% of total revenue for the LITALICO Group. Although the system for employing people with disabilities and the statutory employment rate for people with disabilities are expected to remain in place and increase going forward, the fact that revenue from the LITALICO Works business, as defined under the Comprehensive Support for Persons with Disabilities Act, accounts for a large proportion of the LITALICO Group's revenue mix presents a challenge from the perspective of sound Group management.」
The 47.6% revenue concentration is identified as a management challenge for the Group.