Risk of Failure to Recover Research and Product Development Investments
First written in FY2020. 3 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2025Added reinforcement of the business development structure as a response to research and development risksAnnual report
「To mitigate these risks, we operate in accordance with the research and development framework and conduct regular progress monitoring at management planning meetings, while strengthening the structure for promoting business development through organizational restructuring.」
The response to the risk of failing to recover investments because development is abandoned or products are not launched was made more specific through the research and development framework, regular progress monitoring, and reinforcement of the business development structure through organizational restructuring. - FY2022Specified the research and development framework and progress monitoring by the management planning meeting as risk responsesAnnual report
「To mitigate these risks, we operate in accordance with the research and development framework and conduct regular progress monitoring at management planning meetings.」
The response to the risk of failing to recover research and development investments was described as the research and development framework and regular progress monitoring by the management planning meeting. - FY2021Specified the management and approval framework for research and development activities as a risk responseAnnual report
「To mitigate these risks, we are working to manage research and development activities, establish an approval framework, and stabilize research and development activities.」
The response to the risk of failing to recover investments because development is abandoned or products are not launched was described in terms of management, approval and stabilization mechanisms. - FY2020First statedAnnual report
「If development is abandoned based on an assessment of investment returns or the emergence of competing products, or if a developed product cannot be launched, development costs may not be recovered, which could affect the performance of our group.」
While advancing research and development and new product development as part of its growth strategy, the company has newly disclosed as a standalone risk the possibility that development may be abandoned based on investment returns or competing products, or that development costs may not be recovered because a product cannot be launched.