Delayed Response to Technological Innovation and Technology Obsolescence
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2022.
Quantum Solutions moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 37 of 98 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「In the EV business in which we operate, competition is intense in areas including improving the performance of vehicles and vehicle batteries as hardware, and developing software related to battery-swapping services and autonomous driving.」
The risk of delays in responding to technological innovation has expanded to cover competition in EVs, vehicle batteries, battery-swapping services and autonomous-driving software. - FY2021RestatedAnnual report
「However, if the Group is slow to respond to technological innovation, or if an unforeseen new technology emerges and becomes widespread, the obsolescence of the technology used in this business could hinder future business activities.」
The risk of delays in responding to technological innovation and the obsolescence of existing technology due to new technologies is reiterated. - FY2020RestatedAnnual report
「However, if the Group is slow to respond to technological innovation, or if an unforeseen new technology emerges and becomes widespread, the obsolescence of the technology used in this business could hinder future business activities.」
The risks of delays in responding to technological innovation and technological obsolescence are reiterated. - FY2019RestatedAnnual report
「However, if the Group is slow to respond to technological innovation, or if an unforeseen new technology emerges and becomes widespread, the obsolescence of the technology used in this business could hinder future business activities.」
The risk of delays in responding to technological innovation and the obsolescence of existing technology due to new technologies is reiterated. - FY2018RestatedAnnual report
「However, if the Group is slow to respond to technological innovation, or if an unforeseen new technology emerges and becomes widespread, the obsolescence of the technology used in this business could hinder future business activities.」
Delays in responding to technological innovation and the obsolescence of existing technology due to new technologies continue to be identified as risks. - FY2017First statedAnnual report
「If the Group is slow to respond to technological innovation, or if an unforeseen new technology emerges and becomes widespread, the obsolescence of the technology used in this business could hinder future business activities.」
While information sharing in proposal activities, participation in standards organizations, and the development of proprietary systems and tools are cited, delays in responding to technological innovation are identified as a risk.