Delays in the Development of New Materials and Products and Certification Risks
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2026.
Tecnisco moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 3 of 22 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Group continuously conducts R&D activities including new product development, product improvements and production process improvements. However, risks include difficulty recovering development costs if development is delayed, if a product under development fails to meet customer needs, or if a competitor introduces a new technology or product ahead of the Group.」
In addition to the existing risks related to development delays and certification requirements, the Company identified the risk of being unable to recover development costs because products under development may not meet customer needs or because competitors may introduce products ahead of the Company. - FY2024RestatedAnnual report
「The Group is engaged in developing and manufacturing new materials and products for high-performance heat sinks, but risks include delays in development and the time required for various verification processes and certifications.」
The Group continues to recognise the risks of delays in development, verification and certification of new materials and products, as well as delays in recovering invested capital. - FY2023First statedAnnual report
「The Group is engaged in developing and manufacturing new materials and products for high-performance heat sinks, but risks include delays in development and the time required for various verification processes and certifications.」
The policy is to share progress on development, verification and certification at management meetings and meetings of the Board of Directors, thereby limiting delays in recovering invested capital.