Delays in Launching New Businesses and Inability to Recover Investment
First written in FY2017. 1 of 3 entries say "Worsened", first in FY2019. Latest entry: FY2022.
The whole theme swung hardest in 2022: 4 of 18 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If it becomes difficult to secure system engineers, including IT engineers, or system development is delayed, making it difficult to launch new businesses in a timely manner, the Company’s operating results and financial condition may be affected.」
The Company continues to disclose the risks of difficulty securing engineers and development delays, additional expenditures, and inability to recover investments in new businesses. - FY2019WorsenedAnnual report
「Proactively developing new services and businesses may result in additional expenditures, including system investment and advertising expenses, and lower profit margins. In addition, if circumstances differ from forecasts and the rollout of new services and businesses does not proceed as planned, investments may not be recovered, which could affect the Company’s business and operating results.」
In addition to the previously identified risks of difficulty securing engineers and development delays, the Company explicitly identifies the possibility of lower profit margins due to additional expenditures and inability to recover investments. - FY2017First statedAnnual report
「If it becomes difficult to secure system engineers, including IT engineers, or system development is delayed, it may become difficult to launch new businesses in a timely manner, which could affect the Company’s operating results and financial condition.」
The Company identifies delays in launching new businesses due to difficulty securing engineers or development delays, as well as inability to recover investments due to additional investment or failure to meet plans, as risks.