Concentration of Production in China and Consideration of Diversifying Production Bases
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2026.
30 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group is also considering production bases in countries other than China, including in response to product-cost issues, in an effort to diversify country risk. In its wholesale-oriented business model, it also procures products from well-known domestic manufacturers.」
To address the concentration of production in China, it continues the combined response of considering production bases outside China and procuring from domestic manufacturers. - FY2023RestatedAnnual report
「The Group is also considering production bases in countries other than China, including in response to product-cost issues, in an effort to diversify country risk. In its wholesale-oriented business model, it also procures products from well-known domestic manufacturers.」
To address the concentration of production in China, it reaffirms the combined response of considering production bases outside China and procuring from domestic manufacturers. - FY2023-Q1MaterialisedAnnual report
「In the home appliance business, sales fell below the previous year, partly because the resurgence of infections in China affected logistics for incoming shipments.」
It states that the impact on logistics for incoming shipments caused by the resurgence of infections in China actually emerged as home appliance sales falling below the previous year. - FY2021MitigatedAnnual report
「The Group is also considering production bases in countries other than China, including in response to product-cost issues, in an effort to diversify country risk. In its wholesale-oriented business model, it also procures products from well-known domestic manufacturers.」
It explicitly identifies consideration of production bases outside China and procurement from well-known domestic manufacturers as means of diversifying country risk. - FY2020MaterialisedAnnual report
「Meanwhile, in the fourth-quarter consolidated accounting period, the segment was affected by delays in production and procurement in China, its major supply source, due to the spread of the novel coronavirus infection.」
The risk associated with a structure relying on China as a major production and procurement base actually materialized as delays in production and procurement caused by the spread of the novel coronavirus infection. - FY2017RestatedAnnual report
「For the products handled by the Group, particularly daily-use goods in the development-oriented business model, most products are manufactured in China. The Group is also considering production bases in inland China and other countries, including in response to product-cost issues.」
It continues to consider the same measures to address concentration of production in China by diversifying production bases to inland China and other countries. - FY2016First statedAnnual report
「For the products handled by the Group, particularly daily-use goods in the development-oriented business model, most products are manufactured in China. The Group is also considering production bases in inland China and other countries, including in response to product-cost issues.」
It identifies the concentration of production in China as a country risk and is considering diversifying production bases to inland China and other countries.