Delays in Developing New Technologies and Products and Responding to Alternative Technologies
First written in FY2020. 1 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「With regard to the creation of new businesses, we will further accelerate research and development activities through the optimal allocation of management resources and work to develop new products and businesses not limited to the automotive field, with the aim of building new sources of revenue in the future.」
The company explicitly stated its policy of accelerating research and development of new products and businesses not limited to the automotive field as a response to the risks associated with new technologies and products. - FY2022MitigatedAnnual report
「In implementing our medium- to long-term five-year plan, our group has consolidated its development functions in Japan and established a Research and Development Division within the Planning and Development Headquarters to oversee our group's technology development, focusing on research and development activities in order to achieve our development business plan by increasing development speed and efficiency.」
As a response to the risk associated with developing new technologies and products, development functions were consolidated in Japan and a Research and Development Division was established within the Planning and Development Headquarters. - FY2020First statedAnnual report
「If we are unable to develop new technologies or products that address changing customer needs and market conditions, or if new materials or manufacturing methods that could replace existing technologies or products emerge and are accepted by the market, this could affect the financial condition and operating results of our group.」
The risks associated with being unable to develop new technologies or products and with the increasing replacement of existing technologies or products by new materials and manufacturing methods are described as separate items.