Risk of Manufacturer-Initiated Termination of Distribution Agreements
First written in FY2016. 24 of 27 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In addition, for suppliers, we decided to prepare a business partner evaluation register covering their financial condition, management and operating status, and to verify and monitor them.」
As a measure against the risks of sales agency agreement termination and supplier bankruptcy, the Group has added procedures to verify and monitor suppliers' financial condition, management and operating status using an evaluation register. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2024-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2024-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2023-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2023-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2022-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2022-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2022-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2021-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2021-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2020MitigatedAnnual report
「Accordingly, the Group is promoting the development of products in new fields without relying excessively on specific manufacturers as suppliers.」
In response to the risk of termination of sales agency agreements, the Group is diversifying its suppliers and developing products in new fields. - FY2020-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2020-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2020-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2019-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2019-Q2RestatedAnnual report
「During the cumulative consolidated second quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2019-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2018RestatedAnnual report
「The manufacturer may unilaterally terminate the agreement for its own reasons, or we may refuse to renew it if renewal involves unfavorable changes to its terms.」
The risk of termination of the sales agency agreement or unfavorable changes to its terms continues to be disclosed. - FY2018-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2018-Q2RestatedAnnual report
「During the cumulative consolidated second quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2018-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2017-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2017-Q2RestatedAnnual report
「During the cumulative consolidated second quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2017-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of termination of the sales agency agreement at the manufacturer's discretion. - FY2016First statedAnnual report
「The manufacturer may unilaterally terminate the agreement for its own reasons, or we may refuse to renew it if renewal involves unfavorable changes to its terms.」
This indicates the possibility of losing sales opportunities for core products due to termination by the manufacturer or unfavorable changes to the agreement's terms.