Longer lead times for imported products and lost sales opportunities
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025The procurement lead time was stated as approximately 1 to 2 months.Annual report
「Because imports account for most of our procurement, if stored products are damaged, it takes approximately 1–2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on our business performance by shifting priority products to those sourced domestically and focusing on taking orders several months in advance.」
The description of the replenishment period for imported products changed from approximately 2 months to a range of approximately 1–2 months. The policy of responding by shifting to domestically sourced products and taking orders in advance remains unchanged. - FY2023RestatedAnnual report
「Because imports account for most of our procurement, if stored products are damaged, it takes approximately 2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on our business performance by shifting priority products to those sourced domestically and focusing on taking orders several months in advance, although the resulting lengthening of procurement lead times could adversely affect our business performance.」
We continue to address the procurement lead-time risk of replenishment taking approximately 2 months by shifting to domestically sourced products and taking orders in advance. - FY2022RestatedAnnual report
「Because imports account for most of our procurement, if stored products are damaged, it takes approximately 2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on our business performance by shifting priority products to those sourced domestically and focusing on taking orders several months in advance, although the resulting lengthening of procurement lead times could adversely affect our business performance.」
We continue to address the risk that replenishment will take approximately 2 months by shifting to domestically sourced products and taking orders in advance. - FY2021RestatedAnnual report
「During that period, we believe we can minimize the impact on business performance by shifting priority sales products to domestically sourced products and focusing on order-taking activities for delivery several months ahead; however, the resulting longer procurement lead times may adversely affect the Group's business performance.」
The response policy of allowing approximately 2 months for replenishment, shifting to domestic sourcing and taking advance orders remains in place. - FY2019RestatedAnnual report
「If products in storage are damaged, it takes approximately 2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on business performance by shifting priority sales products to domestically sourced products and focusing on order-taking activities for delivery several months ahead.」
The risk that replenishing imported products takes approximately 2 months, and responses including a shift to domestic sourcing and advance orders, remain in place. - FY2018RestatedAnnual report
「If products in storage are damaged, it takes approximately 2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on business performance by shifting priority sales products to domestically sourced products and focusing on order-taking activities for delivery several months ahead.」
The risk that replenishing imported products takes approximately 2 months, and responses including a shift to domestic sourcing and advance orders, remain in place. - FY2017RestatedAnnual report
「If products in storage are damaged, it takes approximately 2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on business performance by shifting priority sales products to domestically sourced products and focusing on order-taking activities for delivery several months ahead.」
The procurement lead-time risk of approximately 2 months for replenishing imported products, and responses including a shift to domestic sourcing and advance orders, continue to be disclosed. - FY2016First statedAnnual report
「Because imports are the primary source of supply, if products in storage are damaged, it takes approximately 2 months for the next shipment to arrive. During that period, we believe we can minimize the impact on business performance by shifting priority sales products to domestically sourced products and focusing on order-taking activities for delivery several months ahead.」
The risk that replenishment takes approximately 2 months when products are damaged, along with measures including a shift to domestic sourcing, was disclosed.