Fabless Manufacturing and Dependence on Specific External Contractors
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「We plan to develop outsourced manufacturing partners in Asian regions outside China and expand our manufacturing bases. Although we are increasing the number of outsourced manufacturing partners in Japan, China remains our primary manufacturing base at present.」
The company states that it has made progress in increasing the number of outsourced manufacturers in Japan and is advancing measures to diversify its manufacturing base, while China remains its main manufacturing location. - FY2022RestatedAnnual report
「The company is fabless and has no manufacturing facilities of its own. It outsources the manufacture of its products primarily to manufacturing facilities located in Guangdong Province, China.」
The company continues to disclose its fabless manufacturing structure, which relies primarily on outsourced manufacturing facilities in Guangdong Province, China. - FY2021RestatedAnnual report
「The company is fabless and has no manufacturing facilities of its own. It outsources the manufacture of its products primarily to manufacturing facilities located in Guangdong Province, China.」
The company continues to disclose its fabless manufacturing structure, which relies primarily on outsourced manufacturing facilities in Guangdong Province, China, and the associated dependence risk. - FY2020MaterialisedAnnual report
「The temporary suspension of operations at outsourced production plants in China due to the spread of COVID-19 prevented production from proceeding as planned, affecting production and shipments and causing sales to stagnate.」
In connection with its dependence on outsourced manufacturing in China, the temporary suspension of operations at outsourced plants due to the spread of the infection and its impact on production and shipments were reflected in full-year performance. - FY2020-Q3MaterialisedAnnual report
「The global spread of COVID-19 has begun to affect the operations of the company's business partners. Depending on how the situation develops, it may affect the company's operating results and financial position.」
In connection with its dependence on outsourced manufacturers, the company states that the spread of the infection had begun to affect the operations of business partners. - FY2018RestatedAnnual report
「Manufacturing of the company’s products, including figures, relies primarily on external contractors in China. The company’s policy is to develop manufacturing contractors in other parts of Asia and expand its manufacturing base, but it currently has no major manufacturing base outside China.」
The company has reconfirmed its fabless structure, which depends on specific outsourced manufacturers in China, and its policy of developing manufacturers outside China. - FY2017First statedAnnual report
「The company is fabless and has no manufacturing facilities of its own. It outsources the manufacture of its products primarily to manufacturing facilities located in Guangdong Province, China.」
While this structure keeps fixed costs low and allows flexible responses, the conditions of outsourced manufacturers, including their supply capacity, quality and business policies, may affect performance.