Risk of failing to meet Yakult Vision 2020 and business plan targets
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2021.
Yakult Honsha moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 11 of 19 companies on the "Worse" side.
13 other companies' latest entry also says "Reframed".
- FY2021ReframedAnnual report
「In June 2021, the Group formulated its long-term vision, "Yakult Group Global Vision 2030," and will work to advance its business with the aim of enhancing corporate value. However, the impact of COVID-19, risk factors including those described in this section titled "Business and Other Risks," changes in the Group's policies, and changes in economic conditions and the business environment may prevent the Group from implementing these measures or achieving its plans.」
The previous risk of failing to achieve Yakult Vision 2020 has been reorganized as the risk of failing to execute and achieve the successor Yakult Group Global Vision 2030 and the medium-term plan. - FY2020WorsenedAnnual report
「However, the spread of COVID-19 may prevent the business from proceeding as anticipated, including by restricting the activities of Yakult Ladies, and changes in future economic conditions and the business environment may prevent the Group from achieving its plans.」
In addition to the previous risks involving plant operations, sales channels and new products, the company explicitly identifies restrictions on Yakult Ladies' activities due to the spread of COVID-19 and the possibility of failing to achieve its plans. - FY2019RestatedAnnual report
「However, risk factors, including delays in or cancellation of the start-up of newly constructed plants, failures to expand sales channels such as Yakult Ladies or in promotional and advertising activities, delays in launching new products or sluggish sales volumes, delays in or inadequate implementation of operational efficiency initiatives, and other matters described in this section titled "Business and Other Risks," as well as changes in the Group's policies and changes in economic conditions and the business environment, may prevent the Group from implementing these measures or achieving its plans.」
The company continues to identify the risk of failing to achieve the Yakult Vision 2020 Phase 3 plan in areas including plant operations, sales channels, new products, advertising and operational efficiency. - FY2018First statedAnnual report
「However, risk factors, including delays in or cancellation of the start-up of newly constructed plants, failures to expand sales channels such as Yakult Ladies or in promotional and advertising activities, delays in launching new products or sluggish sales volumes, delays in or inadequate implementation of operational efficiency initiatives, and other matters described in this section titled "Business and Other Risks," as well as changes in the Group's policies and changes in economic conditions and the business environment, may prevent the Group from implementing these measures or achieving its plans.」
Regarding execution of the Phase 3 plan, the company newly identifies as a separate risk the possibility of failing to achieve the plan due to delays or poor performance in plant operations, sales channels, new products, advertising, operational efficiency and other areas.