Risk of Failure to Use Capital-Raising Proceeds as Planned or Achieve Expected Investment Returns
First written in FY2016. 7 of 14 entries say "Restated". Latest entry: FY2025.
57 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To expand the scale of its business, the company constructed the Mount Fuji Foothills Plant as a foothold for expanding its sales area from the Chubu region westward to the Kanto region. However, due to sudden changes in the business environment, competition with other companies in the same industry or other factors, the expected investment benefits may not be achieved, which may affect our business performance.」
Even after the Mount Fuji Foothills Plant began operations, the company continues to face the risk of failing to achieve the expected investment benefits due to sudden changes in the business environment, competition and other factors. - FY2023RestatedAnnual report
「To expand the scale of its business, the company constructed the Mount Fuji Foothills Plant as a foothold for expanding its sales area from the Chubu region westward to the Kanto region. However, due to sudden changes in the business environment, competition with other companies in the same industry or other factors, the expected investment benefits may not be achieved, which may affect our business performance.」
Even after the Mount Fuji Foothills Plant began operations, the company continues to face the risk of failing to achieve the expected investment benefits due to competition and other factors. - FY2022RestatedAnnual report
「To expand the scale of its business, the company constructed the Mount Fuji Foothills Plant as a foothold for expanding its sales area from the Chubu region westward to the Kanto region. However, due to sudden changes in the business environment, competition with other companies in the same industry or other factors, the expected investment benefits may not be achieved, which may affect our business performance.」
Even after the Mount Fuji Foothills Plant began operations, the company continues to face the risk of failing to achieve the expected investment benefits due to competition and other factors. - FY2021RestatedAnnual report
「To expand the scale of its business, the company constructed the Mount Fuji Foothills Plant as a foothold for expanding its sales area from the Chubu region westward to the Kanto region. However, due to sudden changes in the business environment, competition with other companies in the same industry or other factors, the expected investment benefits may not be achieved, which may affect our business performance.」
Even after the Mount Fuji Foothills Plant began operations, the company continues to face the risk of failing to achieve the expected investment benefits due to competition and other factors. - FY2020-Q3RestatedAnnual report
「Cut tofu line 1,754,222 (1,554,592) 1,754,222 Proceeds from capital increase, internal funds and borrowings July 2019 April 2020 (October 2019) Cut 3P tofu 13,000 units per hour Cut 4P tofu 20,000 units per hour (13,000 units per hour) (Note) 2. The original plan for the cut tofu line was changed to add equipment for manufacturing cut 4P tofu. The information in parentheses represents the original plan before the change.」
Continuing to disclose that the scheduled completion date for the cut tofu line was changed to April 2020 due to the addition of equipment for cut 4P tofu. - FY2020-Q2MaterialisedAnnual report
「Cut tofu line 1,754,222 (1,554,592) 1,112,052 Proceeds from capital increase, internal funds and borrowings July 2019 April 2020 (October 2019) Cut 3P tofu 13,000 units per hour Cut 4P tofu 20,000 units per hour (13,000 units per hour) (Note) 2. The original plan for the cut tofu line was changed to add equipment for manufacturing cut 4P tofu. The information in parentheses represents the original plan before the change.」
For the cut tofu line, the originally scheduled completion date of October 2019 was changed to April 2020, reflecting an actual change to the plan to add equipment for manufacturing cut 4P tofu. - FY2019RestatedAnnual report
「To expand the scale of its business, the company is constructing a new plant, named the Mount Fuji Foothills Plant, as a foothold for expanding its current sales area from the Chubu region westward to the Kanto region. However, due to sudden changes in the business environment, competition with other companies in the same industry or other factors, the expected investment benefits may not be achieved, which may affect our business performance.」
While construction and capital investment at the Mount Fuji Foothills Plant are progressing, the company continues to face the risk of failing to achieve the expected investment benefits due to competition and other factors. - FY2019-Q1MaterialisedAnnual report
「The scheduled completion date was September 2018, but it was postponed to December 2018 due to the impact of the July 2018 heavy rains.」
Regarding the risk that a capital investment plan may not progress as originally scheduled, the scheduled completion of the variety line at the Head Office Plant was in fact postponed due to the heavy rains. - FY2018RestatedAnnual report
「However, if the capital investment plan does not progress as originally scheduled due to sudden changes in the business environment or other factors, or even if it progresses as originally scheduled but the expected investment benefits are not achieved, this may affect our business performance.」
While disclosing the implementation and benefits of existing investments, the company continues to describe the risks of failing to execute new capital investment plans, including the Mount Fuji Foothills Plant, as planned or achieve the expected investment benefits. - FY2018-Q3MitigatedAnnual report
「Kansai Plant (Koka, Shiga Prefecture) Manufacture and sale of tofu and other products New dedicated fried tofu line 551,488 Internal funds and borrowings March 2018 Hourly output Inari-age 30,000 sheets Tanzaku-age 15,000 sheets」
The dedicated fried tofu line at the Kansai Plant was completed, indicating that the investment progressed from the planning stage to implementation and capacity creation. The company's response to the risks of failing to use the capital increase proceeds as planned or achieve the expected investment benefits has been further detailed. - FY2018-Q1MitigatedAnnual report
「A new dedicated silken tofu line was installed at the Head Office Plant in July, and production efficiency was improved by increasing output per hour.」
This demonstrates the completion of capital investment and improvements in capacity and efficiency, further detailing the company's response to the risks of failing to use the capital increase proceeds as planned or achieve the expected investment benefits. - FY2017MitigatedAnnual report
「In terms of facilities, construction of a new dedicated silken tofu line at the Kansai Plant was completed in October 2016, and expansion of the thick fried tofu line was completed in November 2016. This secured order capacity and improved production efficiency by increasing output per hour.」
Continuing to demonstrate the investment benefits of completing new and expanded production lines, securing order capacity and increasing hourly output in connection with capital investment, including the proceeds from the capital increase. - FY2017-Q2MitigatedAnnual report
「In terms of capital investment, the new dedicated silken tofu line at the Kansai Plant and the expansion of the atsuage line were completed in October and November, respectively. This secured order capacity and improved production efficiency by increasing output per hour.」
For capital investment, including the proceeds from the capital increase, the company has described the completion of new and expanded production lines, securing capacity and improving manufacturing efficiency, demonstrating the progress made in addressing the risks of failing to use the proceeds as planned or achieve the expected investment benefits. - FY2016First statedAnnual report
「However, due to sudden changes in the business environment or other factors, the funds raised may not be applied as planned. Even if they are used as originally planned, the expected investment benefits may not be achieved, which may affect our business performance.」
The company discloses both the risk of failing to use the proceeds as planned and the risk of failing to achieve the expected investment benefits under its plan to apply public offering proceeds to capital investment in plants.