Risk of Failure to Achieve Booking Outcomes Under a Success-Fee Model
First written in FY2025. 2 of 3 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If the effects of the customer-acquisition support services we provide do not materialize as expected, or if risk controls do not function adequately, growth in our sales and profits may slow,」
The company continues to disclose the risk of failing to generate reservations and slowing revenue growth under the performance-based model. - FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company has made a comprehensive statement that there were no material changes concerning the risk of failing to achieve reservation results under the performance-based model. - FY2025First statedAnnual report
「If the effects of the customer-acquisition support services we provide do not materialize as expected, or if risk controls do not function adequately, growth in our sales and profits may slow.」
The company explicitly identifies as a risk the structure under which it cannot record sales unless customer facilities record sales.