Risk of dependence on major customers and franchise agreements
First written in FY2017. 11 of 13 entries say "Restated". Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2021MitigatedAnnual report
「In our real estate and motor-vehicle transportation businesses, we are working to diversify risk by maintaining amicable relationships with specific customers while expanding our businesses and increasing the number of customers. In our leisure services business, we are taking care to prevent serious defects in the products and services provided by consulting fully with the franchisor.」
The company explicitly identified diversification through an increase in customers and consultation with the franchisor as measures to address dependence on major customers and the franchise headquarters. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company summarizes that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2019RestatedAnnual report
「The disappearance of business with specific customers, including major rental properties in the real estate business and contract-specific transportation in the motor-vehicle transportation business, could adversely affect business performance. In addition, some of our leisure services and other businesses operate under franchise agreements. If a serious defect or other issue arises in the products or services provided, or if the franchisor changes its management policies or its business performance deteriorates, this could affect the business performance and business strategies of our group.」
The company continues to identify dependence on customers for major rental properties and contract-specific transportation, as well as dependence on the franchise headquarters, as risks. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company summarizes that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company summarizes that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company summarizes that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company summarizes that there have been no material changes in the risk of dependence on major customers and franchise agreements. - FY2017First statedAnnual report
「The disappearance of business with specific customers, including major rental properties in the real estate business and contract-specific transportation in the motor-vehicle transportation business, could adversely affect business performance. In addition, some of our leisure services and other businesses operate under franchise agreements. If a serious defect or other issue arises in the products or services provided, or if the franchisor changes its management policies or its business performance deteriorates, this could affect the business performance and business strategies of our group.」
Dependence on customers for major rental properties and contract-specific transportation, as well as dependence on the franchise headquarters' policies and performance, was identified for the first time as a business risk.