Risk of dependence on the Mitsubishi Heavy Industries Group
First written in FY2016. 12 of 15 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「Risk of excessive dependence on a specific manufacturer: transactions with Mitsubishi Heavy Industries,Ltd. and the Mitsubishi Heavy Industries Group account for a high proportion of total transactions and have a significant impact on operating results.」
Dependence on transactions with Mitsubishi Heavy Industries,Ltd. and the group was reiterated as a risk, with complementary M&A and the development of new sources of revenue presented as countermeasures. - FY2024RaisedAnnual report
「The Mitsubishi Heavy Industries Group accounts for a stable and substantial proportion of the company's operating results. Against this backdrop, major changes in supply and demand for Mitsubishi Heavy Industries Group products, the group's withdrawal from a particular business, or damage to relationships with group companies could have a serious impact on the Group's creditworthiness and operating results.」
Regarding dependence on the Mitsubishi Heavy Industries Group, the company described specific factors that could have an impact, including changes in product supply and demand, withdrawal from a particular business, and damage to relationships, as well as the potentially serious effects on creditworthiness and operating results. - FY2023RaisedAnnual report
「In addition to its existing agency agreement for power generation equipment, the company entered into a sales agency agreement with Mitsubishi Heavy Industries,Ltd. for nuclear power plant equipment and began handling the main equipment for nuclear power generation on 1 April 2023.」
In addition to its existing agency relationship for power generation equipment, the company began agency operations involving major equipment and facilities for nuclear power generation, expanding the scope of its business relationship with the Mitsubishi Heavy Industries Group. - FY2020RestatedAnnual report
「However, if changes in the business relationship with the Mitsubishi Heavy Industries Group were to result in a substantial reduction in transactions, the Group's operating results and financial condition could be affected.」
The annual report reconfirmed that transactions with the Mitsubishi Heavy Industries Group constitute a core business and that a reduction in transactions poses a risk. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding the risk of dependence on the Mitsubishi Heavy Industries Group. - FY2016First statedAnnual report
「Since its establishment, the Group has maintained close ties with the Mitsubishi Heavy Industries Group, and its business relationships and track record have remained stable over many years. However, if changes in its business relationships with the group were to result in a substantial contraction in transaction volume, the Group's operating results and financial condition could be affected.」
While indicating a long-standing and stable business relationship, the company identifies changes in the relationship and a reduction in transaction volume as risks.