Failure to Achieve Overseas Business Plan and Delayed Profitability
First written in FY2019. 3 of 6 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 13 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the overseas business, the deficit narrowed substantially year on year as a result of reviewing the business in Vietnam.」
The risk of the overseas business falling short of plan and delaying profitability remains, but the loss was reduced through a business review. - 2026-04-28MaterialisedRevision of earnings forecasts
「Because recoverability based on the assumption of business continuity was deemed to have been effectively lost due to the business closure, we recognized the estimated uncollectible amount of these accounts receivable as a loss.」
The risk of underperformance and delayed monetization in the overseas business became an actual loss through recognition of the estimated uncollectible amount of accounts receivable following the business closure. - FY2026-H1MaterialisedAnnual report
「With regard to the overseas civil engineering business, we decided to discontinue the business as part of a review of our business portfolio, in light of the significant loss recorded in the fiscal year ending March 2025.」
The risks related to the overseas business plan and monetization materialized as a substantial loss for the fiscal year ending March 2025 and the decision to discontinue the civil engineering business. - FY2022MitigatedAnnual report
「Since 2018, we have conducted business activities in the Socialist Republic of Vietnam, centered on ground investigation and improvement, and have continued to operate profitably.」
The company stated that the overseas business has continued to operate profitably, indicating that the risk of delayed profitability and falling short of plan has been reduced. - FY2020MitigatedAnnual report
「The overseas business achieved profitability during the current fiscal year. We will continue working to secure stable earnings while pursuing further business expansion.」
The company indicates that the risk of falling short of plan and delaying profitability has been reduced following the overseas business's achievement of profitability. However, the risk of falling short of future plans continues to be identified. - FY2019First statedAnnual report
「If the business does not develop as planned, this may affect the performance of our group.」
The company identified the impact on performance if the overseas business does not develop as planned as a risk related to its target of achieving profitability overseas.