Uncertainty Surrounding New Business Development and Additional Costs
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
67 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a new business does not progress as expected, or if additional costs such as systems investment, personnel expenses or advertising expenses arise in connection with the new business, our financial condition and operating results may be affected.」
The risk of uncertainty and additional costs in new businesses, and the response through market research and business planning, are reiterated. - FY2025-H1RestatedAnnual report
「During the interim accounting period, no new business risks arose. There were also no material changes to the business risks described in the securities report for the previous fiscal year.」
The company explicitly states that there were no material changes to the risk of uncertainty and additional costs in new business development. - FY2024First statedAnnual report
「If a new business does not progress as expected, or if additional costs such as systems investment, personnel expenses or advertising expenses arise in connection with the new business, our financial condition and operating results may be affected.」
For new businesses intended to expand scale and diversify earnings, the company identifies the risks of poor progress and additional costs.