Risk of Distributor Agreement Termination Due to Overseas Suppliers Shifting to Direct Sales and Pursuing M&A
First written in FY2016. 13 of 14 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 3 of 16 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address this risk, the company is working to maintain good relationships and regularly exchange information with suppliers and contract manufacturers, while expanding its vendor base and promoting procurement from multiple companies.」
The company continues to address dependence on specific suppliers and contract manufacturers by expanding its vendor base and procuring from multiple companies. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2023RestatedAnnual report
「To address this risk, the company will work to maintain good relationships with suppliers and promote portfolio optimization by strengthening its proprietary products and services businesses.」
For its dependence on specific suppliers for EDA software, the company continues to pursue portfolio optimization by maintaining supplier relationships and strengthening its proprietary products and services. - FY2022RestatedAnnual report
「The semiconductor design software business, involving EDA software, the core product of the semiconductor design-related business, depends on specific suppliers. Unexpected corporate reorganizations by those suppliers or termination of agency agreements and other events could affect the Group's business operations and financial results.」
The company continues to face dependence on specific suppliers for EDA software, together with the risks of corporate reorganization and agency agreement termination. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2021-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2020RestatedAnnual report
「The semiconductor design software business, involving EDA software, the core product of the Design and Development Solutions business, depends on specific suppliers. Unexpected corporate reorganizations by those suppliers or termination of agency agreements and other events could affect the Group's business operations and financial results.」
The company continues to describe the risks associated with corporate reorganizations by specific suppliers and termination of agency agreements as risks related to the EDA software business. - FY2020-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2020-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2019-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2019-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is reported regarding the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired. - FY2018RestatedAnnual report
「In addition, following the success of the business, the company concerned may be acquired, forcing termination of the agency agreement for strategic business reasons. Furthermore, the Group may acquire shares in such a company to secure its distribution rights, but this entails investment risk.」
In addition to agency agreement termination due to the acquisition of overseas suppliers, the company continues to disclose the investment risk associated with acquiring shares to secure distribution rights. - FY2017RestatedAnnual report
「In addition, following the success of the business, the company concerned may be acquired, forcing termination of the agency agreement for strategic business reasons. Furthermore, the Group may acquire shares in such a company to secure its distribution rights, but this entails investment risk.」
In addition to the risk of agency agreement termination due to overseas suppliers shifting to direct sales or being acquired, the disclosure describes the investment risk associated with acquiring shares to secure distribution rights. - FY2016First statedAnnual report
「There is a risk that the company concerned will shift its sales structure to conduct direct sales activities in Japan. In addition, following the success of the business, the company concerned may be acquired, forcing termination of the agency agreement for strategic business reasons.」
The disclosure describes the possibility of losing distribution rights after the success of the agency business, as suppliers shift to direct sales or are acquired.