Fujiyama Power Systems Ltd IPO

Its manufacturing facilities are subject to various operational risks. Any disruption in operations or shutdown of the company existing manufacturing facilities or future manufacturing facilities or any other operational problems caused by unforeseen events may reduce sales and adversely affect its business, and results of operations and financial condition.

Geographical concentration of its manufacturing facilities in northern India exposes it to region specific risks that could adversely affect the company business, financial condition, results of operations, and cash flows.

Its ability to grow the company retail sales depends on the success of its relationship with the company distributors, dealers and franchisees and an inability to maintain or further expand its retail network, could negatively affect the company business, cash flows and results of operations.

Its import a significant part of its raw material supply from China and the company import equipment and machinery from other foreign countries and the same is subject to certain risks. Restrictions on or import duties relating to materials and equipment imported for its manufacturing operations as well as restrictions on or import duties levied on the company products in its export markets may adversely affect its business prospects, financial performance and cash flows.

Decline in the price of its products may have an adverse impact on the company business, results of operations and cash flows.

Its market capitalization to total Revenue from Operations, the company market capitalization to tangible asset and the company enterprise value to EBITDA ratio, may not be indicative of the trading price of its Equity Shares upon listing on the Stock Exchanges subsequent to the Offer and, as a result, you may lose a significant part or all of your investment.

The company derives a substantial portion of its retail sales from Uttar Pradesh and are in the process of expanding its retail network to target new customers. Any adverse change in the demand of the company products in Uttar Pradesh or failure to expand into new markets may have an adverse impact on its business, growth, financial condition, cash flows and results of operations.

The company is in the process of expanding its operations by targeting new customers and expanding its retail network in markets where the company does not have a significant presence and prior experience. Any failures to expand into these new markets or regions could adversely affect its sales, financial condition, result of operations, and cash flows.

Its may not be able to sustain the company rate of growth in the future.

The loss of one or more members of its senior management or key employees may adversely affect the company ability to conduct its business and implement the company strategy. Its success depends upon the company management team and skilled personnel and its ability to attract and retain such persons.