Relationships with Major Suppliers and Risk to Supply Continuity
First written in FY2016. 6 of 13 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
Ryoden moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 20 of 63 companies on the "Worse" side.
43 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group's major supplier for its FA Systems and Heating, Cooling and Building Systems businesses is Mitsubishi Electric Corporation, and purchases from it accounted for 18% of consolidated purchases in the fiscal year under review.」
The company continues to disclose its dependence on a major supplier, stating that purchases from Mitsubishi Electric accounted for 18% of consolidated purchases. - 2026-05-13Cited as achievedGovernance
「Transactions between the company and our group during the current consolidated fiscal year accounted for 17.7% of purchases and 7.0% of net sales.」
The timely disclosure quantified transactions with Mitsubishi Electric Corporation as a percentage of purchases and net sales, supplementing the existing canonical thread concerning the relationship with and dependence on a major supplier. - FY2024MaterialisedAnnual report
「The company ended its authorized distributor agreement with Renesas Electronics Corporation, formerly the major supplier for the Electronics business, at the end of February 2023, and ended handling Renesas products at the end of March 2024.」
The end of handling Renesas products actually occurred as a result of changes in the major supplier's distributor policy. Purchases from Mitsubishi Electric accounted for 16% of consolidated purchases. - FY2023MaterialisedAnnual report
「Changes in the business strategies, product market strategies or distributor policies of these major suppliers, as well as supply trends and other factors, may affect the operating results and financial condition of the Group.」
Dependence on major suppliers was 28% of consolidated purchases for Mitsubishi Electric and its group companies and 27% for Renesas Electronics. The impact of changes in distributor policies, including the termination of some direct transactions, actually occurred. - FY2021Quantification of dependence on major suppliersAnnual report
「The Group's major suppliers for its FA Systems and Heating, Cooling and Building Systems businesses are Mitsubishi Electric Corporation and its group companies. In the fiscal year under review, purchases from these suppliers accounted for 33% of consolidated purchases, comprising 17% from Mitsubishi Electric Corporation and 16% from its group companies. Renesas Electronics Corporation is the major supplier for the Electronics business, and purchases from it accounted for 15% of consolidated purchases in the fiscal year under review.」
The company provided specific figures for the first time on dependence on major suppliers as a percentage of consolidated purchases. While stating that relationships with major suppliers are stable, it plans to build multifaceted, stable supplier relationships, including with business partners. - FY2021-Q2MaterialisedAnnual report
「Factory-automation-related business for industrial equipment also remained weak due to the impact of COVID-19 and US-China trade friction, resulting in a substantial decline in revenue.」
Factory-automation demand related to industrial equipment remained sluggish due to the impact of COVID-19 and US-China trade friction, and the impact related to major suppliers, including supply and procurement conditions, has continued. - FY2021-Q1MaterialisedAnnual report
「In Japan, automobile-related business remained sluggish as production adjustments were affected by automakers suspending plant operations and declining unit sales due to the spread of COVID-19. Factory-automation-related business for industrial equipment also remained sluggish due to difficulties procuring parts caused by the spread of COVID-19 and the impact of US-China trade friction, resulting in a substantial decline in revenue.」
Plant shutdowns and difficulties procuring parts caused by COVID-19 actually occurred and affected sales in the automobile-related and factory-automation-related businesses. - FY2020MitigatedAnnual report
「Although our relationships with major suppliers are stable, we will work to strengthen them by sharing business strategies and, while developing various solutions, strengthen partnerships with various business partners. We will build multifaceted and stable relationships with suppliers to minimize the impact on operating results.」
In response to the risk of dependence on major suppliers, the company indicates that it will strengthen existing relationships and build multifaceted, stable supplier relationships, including with business partners. - FY2019RestatedAnnual report
「The Group purchases products under distributor agreements (authorized dealer agreements) with major suppliers including Mitsubishi Electric Corporation and Renesas Electronics Corporation.」
The company continues to describe the risk that changes in the business strategies of major suppliers or damage to production facilities caused by disasters could affect operating results. - FY2017MaterialisedAnnual report
「In Japan, although some products were affected by reduced supplies due to the Kumamoto Earthquake and the Northern Ibaraki Earthquake,」
The company states that reduced supplies of some products due to the Kumamoto Earthquake and the Northern Ibaraki Earthquake actually affected business performance during the fiscal year. - FY2017-Q3RestatedAnnual report
「In Japan, although some products were affected by reduced supply caused by the Kumamoto Earthquake in the first half, automobile-related production for Europe, North America and Japan remained firm, while factory-automation-related business for East Asia in the industrial equipment segment also remained firm and was flat overall.」
The company continues to mention reduced supplies of some products due to the Kumamoto Earthquake as an impact in the first half of the fiscal year, but does not indicate any new supply disruptions or expansion of the impact. - FY2017-Q2MaterialisedAnnual report
「Although the Group has been accelerating its efforts in the solutions business, strengthening its sales channels and implementing measures to control selling, general and administrative expenses by drawing on the full strength of the Group, it was significantly affected by sluggish economic conditions in Japan and overseas, the impact of a stronger yen on foreign exchange rates, and disruptions to product supplies caused by the Kumamoto Earthquake.」
Regarding the risk of continued supply following a disaster, disruptions to product supplies caused by the Kumamoto Earthquake actually occurred and affected the performance of the electronics business and other operations. - FY2016First statedAnnual report
「The company purchases products under distributor agreements (authorized dealer agreements) with major suppliers including Mitsubishi Electric Corporation and Renesas Electronics Corporation.」
The company indicates that changes in the business strategies of major suppliers or damage to production facilities caused by disasters could affect its operating results and financial condition.