Risk of upfront investment in IoT-related services and failure to achieve market growth
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Updated Market ForecastAnnual report
「According to Global Information,Inc., the healthcare IoT market is forecast to expand at a compound annual growth rate of 16.4% through 2030 and reach US$390.2 billion in 2030. However, if we fail to achieve the results initially anticipated due to a slowdown in the pace of expansion, market contraction or other factors, this may affect our business and performance.」
The company updated its external forecast for the healthcare IoT market to average annual growth of 16.4% through 2030 and a market size of US$390.2 billion in 2030, while maintaining the risk of failure to achieve expected results due to slower market growth or market contraction. - FY2021RestatedAnnual report
「However, if we fail to achieve the results initially anticipated due to a slowdown in the pace of expansion, market contraction or other factors, this may affect our business and performance.」
While presenting a growth forecast for the IoT healthcare market, the company continues to identify the risk of failure to achieve expected results due to a slowdown in market expansion or market contraction. - FY2020RestatedAnnual report
「According to IDC Japan Co., Ltd., the domestic IoT market is forecast to grow at a rate of 12.1% going forward and reach ¥12.6363 trillion in 2024. However, if we fail to achieve the results initially anticipated due to a slowdown in the pace of expansion, market contraction or other factors, this may affect our group’s business and performance.」
The company updated its domestic IoT market forecast to a growth rate of 12.1% and ¥12.6363 trillion in 2024, while reiterating the risk of failure to achieve expected results due to slower market growth or market contraction. - FY2019First statedAnnual report
「As this is a new business field for our group, providing the services may require more time and cost than anticipated. According to IDC Japan Co., Ltd., the domestic IoT market is forecast to grow at a rate of 13.3% going forward and reach ¥11.7915 trillion in 2023. However, if we fail to achieve the results initially anticipated due to a slowdown in the pace of expansion, market contraction or other factors, this may affect our group’s business and performance.」
For the newly entered IoT field, the company identifies excess time and costs required before service provision and failure to achieve expected results due to slower market growth or market contraction as risks. It also states a forecast of 13.3% growth for the domestic IoT market and a market size of ¥11.7915 trillion in 2023.