Risk of Investing in New Businesses and Developing New Business Formats
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2019.
World moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2019WorsenedAnnual report
「When making business investments in the course of developing and promoting new businesses, we take care to make final decisions after conducting sufficient research and study. However, if our group is unable to achieve the results it expects because of rapid changes in the market environment, insufficient experience in new businesses or other factors, this may affect our group’s results of operations.」
In addition to sudden changes in the market environment, insufficient experience with new businesses is explicitly identified as a factor that may prevent the expected results from being achieved. - FY2018RestatedAnnual report
「When making business investments in the process of developing and promoting new businesses, we seek to make final decisions only after sufficient investigation and research. However, rapid changes in market conditions could affect the performance of our Group.」
The potential impact of sudden changes in the market environment on investment in new businesses continues to be disclosed. - FY2017RestatedAnnual report
「When making business investments in the process of developing and promoting new businesses, we seek to make final decisions only after sufficient investigation and research. However, rapid changes in market conditions could affect the performance of our Group.」
The potential impact of sudden changes in the market environment on investment in new businesses continues to be disclosed. - FY2016First statedAnnual report
「When making business investments in the process of developing and promoting new businesses, we seek to make final decisions only after sufficient investigation and research. However, rapid changes in market conditions could affect the performance of our Group.」
States that rapidly changing market conditions could prevent investments from producing the expected benefits.