Investment Burden and Uncertainty over Results in New Businesses
First written in FY2016. 12 of 18 entries say "Restated". Latest entry: FY2024.
E-Supportlink moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
The whole theme swung hardest in 2019: 6 of 26 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If a new business fails to achieve its original plan and generate sufficient earnings commensurate with the investment, this may affect the Group's operating results and financial position.」
The risk of new businesses failing to meet their plans and generate sufficient returns on investment continues to be disclosed with the same content as before. - FY2024-Q2RestatedAnnual report
「During the six-month period of the current second quarter, there were no new business or other risks, or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The treatment of the risks of investment burden and uncertain results for new businesses continues to state that there have been no new occurrences or material changes. - FY2023-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure continues to state that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no new business risks and no material changes to the business risks described in the securities report for the previous fiscal year.」
The disclosure continues to state that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2022MaterialisedAnnual report
「For the inventory management system, the number of customers adopting it was below expectations. Following a review of the plans and other factors, recovery of the investment became unlikely, and the full carrying amount was recorded as an impairment loss.」
The uncertainty of recovering the investment in the new system materialised as a ¥23.553 million impairment loss relating to the inventory management system. - FY2022-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year's securities report.」
It is stated that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2021MaterialisedAnnual report
「① For e-Support Link System Ver. 2 and the business facilities at the Sapporo, Kobe and Fukuoka offices, recovery of future investment became unlikely due to cost reductions and contract reviews by alliance companies, which are operators involved in the off-market distribution of imported fresh produce, the main customers for the services. Accordingly, the full carrying amount of assets other than those expected to be individually recoverable was recorded as an impairment loss.」
The uncertainty of recovering investments in new and existing services materialised as impairment losses relating to Ver. 2 and office facilities. - FY2020MaterialisedAnnual report
「For the cultivation-history record-keeping system, the number of customers adopting it was below expectations. Following a review of the plans and other factors, recovery of the investment became unlikely, and the full carrying amount was recorded as an impairment loss.」
An impairment loss of ¥33.040 million was recorded for the cultivation-history record-keeping system because adoption remained sluggish and recovery of the investment was no longer expected. - FY2019MaterialisedAnnual report
「For the agricultural-chemical information management system, the number of customers adopting it was below expectations. Following a review of the plans and other factors, recovery of the investment became unlikely, and the full carrying amount was recorded as an impairment loss. ② For the system for small-scale financial institutions, recovery of the investment became unlikely following a review of the plans and other factors, and the full carrying amount was recorded as an impairment loss. ④ For goodwill, the achievement of the originally expected earnings was delayed, and it was determined that more time would be needed to reach the planned figures. Accordingly, the full carrying amount was recorded as an impairment loss.」
The uncertainty of results from new businesses and investments materialised as impairment losses relating to the agricultural-chemical information management system, the system for small-scale financial institutions, and goodwill at subsidiaries and other entities. Total impairment losses were ¥55 million. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure continues to state that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2018MaterialisedAnnual report
「For the cultivation-history management system, the number of customers adopting it was below expectations. Following a review of the plans and other factors, recovery of the investment became unlikely, and the full carrying amount was recorded as an impairment loss.」
The uncertainty of recovering investments in new businesses and services materialised as a ¥32.405 million impairment loss due to sluggish adoption of the cultivation-history management system. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure continues to state that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2017RestatedAnnual report
「Our Group is actively expanding into new businesses to expand its operations and strengthen its earnings base. However, if changes in the business environment, including industry trends, market conditions and legal regulations, prevent a new business from achieving its original plan and it fails to generate sufficient returns commensurate with the investment, this may affect the Group's operating results and financial position.」
Active expansion into new businesses and the risks of failing to meet plans and recover the investment continue to be disclosed together. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risks of investment burden and uncertain results for new businesses. - FY2016First statedAnnual report
「Our Group will carefully consider initiatives in new businesses to expand its operations. However, if initial investment becomes substantial or a new business fails to contribute to results, this may affect the Group's operating results and financial position.」
The risk is that new businesses may require increased initial investment or fail to contribute to operating results.