Deterioration in the Distribution Business Due to Declining Commission Income in the Mobile Phone Agency Business
First written in FY2023-Q3. 2 of 3 entries say "Restated". Latest entry: FY2026-H1.
3 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the first half of the current consolidated fiscal period, there were no material changes in the occurrence of matters among those relating to the business and accounting conditions described in this interim report that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes to existing risks, including the decline in commission revenue from the mobile phone retail agency business. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes to existing risks, including the decline in commission revenue from the mobile phone retail agency business. - FY2023-Q3First statedAnnual report
「Due in part to lower commission revenue from the mobile phone retail agency business, sales were below the same period of the previous year and the company posted an operating loss.」
The decline in commission revenue from the mobile phone retail agency business is specifically cited for the first time as a factor behind the distribution business's lower sales and operating loss.