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Hikari Tsushin (9435) · RiskRestated

Risk of Policy Changes by Telecommunications Operators and Manufacturers

First written in FY2016. 7 of 10 entries say "Restated". Latest entry: FY2026.

10entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20262016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 020222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Risk to the continuity of key telecommunications and sales agency agreementsA theme 39 companies write about · 37 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2022: 2 of 18 companies on the "Worse" side.

24 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 39 companies compared. The sentences above are computed from all 39.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「Changes in a business partner's management policy or deterioration in or failure of its financial condition, changes in applicable laws and regulations, or the occurrence of natural disasters, war or terrorism could make it difficult to continue transactions and could prevent the Group from providing its services.」

    The risk that providing services may become difficult due to the management policies, creditworthiness, laws and regulations, or external events affecting multiple business partners continues.
  2. FY2025RestatedAnnual report

    「Changes in a business partner's management policy or deterioration in or failure of its financial condition, changes in applicable laws and regulations, or the occurrence of natural disasters, war or terrorism could make it difficult to continue transactions and could prevent the Group from providing its services.」

    The risk that providing services may become difficult due to the management policies, creditworthiness, laws and regulations, or external events affecting multiple business partners continues to be disclosed.
  3. FY2024Risk of inability to provide services involving multiple business partnersAnnual report

    「Changes in a business partner's management policy or deterioration in or failure of its financial condition, changes in applicable laws and regulations, or the occurrence of natural disasters, war or terrorism could make it difficult to continue transactions and could prevent the Group from providing its services.」

    The Company describes the risk of being unable to provide services to multiple business partners, due to changes in management policies, creditworthiness, laws and regulations, or external events.
  4. FY2023Risk of inability to provide services involving multiple business partnersAnnual report

    「Changes in a business partner's management policy or deterioration in or failure of its financial condition, changes in applicable laws and regulations, or the occurrence of natural disasters, war or terrorism could make it difficult to continue transactions and could prevent the Group from providing its services.」

    The risk has been reframed from policy-change risks limited to telecommunications operators and manufacturers to the risk of being unable to provide services due to the management policies, creditworthiness, laws and regulations, or external events affecting multiple business partners.
  5. FY2021RestatedAnnual report

    「Changes in the policies of telecommunications carriers or manufacturers may affect the profitability and financial position of the business.」

    The Company has reiterated the risk that policy changes by telecommunications carriers or manufacturers may affect profitability and financial position.
  6. FY2020RestatedAnnual report

    「Changes in the policies of telecommunications carriers or manufacturers may affect the profitability and financial position of the business.」

    The Company has reiterated the risk that policy changes by telecommunications carriers or manufacturers may affect profitability and financial position.
  7. FY2019RestatedAnnual report

    「Changes in the policies of telecommunications operators or manufacturers may affect the profitability and financial condition of the business.」

    The Company has reiterated the risk that policy changes by telecommunications operators or manufacturers may affect profitability and financial position.
  8. FY2018RestatedAnnual report

    「Changes in the policies of telecommunications operators or manufacturers may affect the profitability and financial condition of the business.」

    The Company has reiterated the risk that policy changes by telecommunications operators or manufacturers may affect profitability and financial position.
  9. FY2017RestatedAnnual report

    「Changes in the policies of telecommunications operators or manufacturers may affect the profitability and financial condition of the business.」

    The Company has reiterated the risk that policy changes by telecommunications operators or manufacturers may affect profitability and financial position.
  10. FY2016First statedAnnual report

    「Changes in the policies of telecommunications operators or manufacturers may affect the profitability and financial condition of the business.」

    Describes the external policy-change risk arising from the Group's principal businesses as an agent for telecommunications operators and manufacturers.
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Risk of Policy Changes by Telecommunications Operators and Manufacturers | HIKARI TSUSHIN,INC. (9435) | Komori