Komori
RenetJapanGroup (3556) · RiskRestated

Risk associated with launching the online recycling business and making upfront investments

First written in FY2016. 15 of 17 entries say "Restated". Latest entry: FY2022-Q3.

17entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q3RestatedFY2018-Q1 – FY2022-Q32016: 12017: 420172018: 120182019: 320192020: 320202021: 320212022: 22022
Same theme, other companies
Risk of Missing New Business PlansA theme 132 companies write about · 135 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.

68 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 132 companies compared. The sentences above are computed from all 132.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to the business and other risks, including the online recycling business launch and upfront investment risk.
  2. FY2022-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.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  3. FY2021-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to the online recycling business launch and upfront investment risk.
  4. FY2021-Q2RestatedAnnual report

    「There have been no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It states that there have been no material changes to existing risks, including the online recycling business launch and upfront investment risk.
  5. FY2021-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.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  6. FY2020-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It states that there have been no material changes to the online recycling business launch and upfront investment risk.
  7. FY2020-Q2RestatedAnnual report

    「There have been no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  8. FY2020-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.」

    It expressly states that there have been no material changes to the business and other risks, including the online recycling business launch and upfront investment risk.
  9. FY2019-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    It expressly states that there have been no material changes to the business and other risks, including the online recycling business launch and upfront investment risk.
  10. 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.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  11. FY2019-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.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  12. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  13. FY2017MitigatedAnnual report

    「Following the launch of the Olympic Medal Project, the company temporarily restrained advertising placements during the current fiscal year and focused on customer acquisition through local governments, thereby working to strengthen the business foundation.」

    Regarding upfront investment in advertising during the initial launch phase, it describes a response involving reduced advertising placements and a shift to customer acquisition through local governments. However, the risk itself continues to be included among the business and other risks.
  14. FY2017-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  15. FY2017-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It expressly states that there have been no material changes to the online recycling business launch and upfront investment risk.
  16. FY2017-Q1RestatedAnnual report

    「During the cumulative period of the current quarter, there were no new events among the matters concerning the business and accounting conditions described in the quarterly report that could have a material impact on investors’ decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It expressly states that there have been no material changes to the business and other risks.
  17. FY2016First statedAnnual report

    「As the business is currently in its initial launch phase, the company is pursuing a policy of actively investing in advertising and promotion. Although these investments have gradually eased and declined, if upfront investment exceeds initial expectations, additional expenditures may arise and segment losses may increase.」

    The impact on operating results and financial condition if the service ramp-up falls short of expectations is identified as a risk.
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