Risk of Failure to Meet the Plan and Monetize the Metaverse Business
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
GREE Holdings moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Group is pursuing its VTuber business. In this business, it plans to expand its scale, centered on the live-streaming app REALITY. However, if business development fails to proceed as planned due to circumstances differing from expectations or other factors, this may affect the Group’s business development and operating performance.」
The previous risk of failing to achieve plans in the metaverse business has been reorganized as a risk relating to the VTuber business and the business centered on REALITY. - FY2025RestatedAnnual report
「In the metaverse business, the Group plans to expand its scale, centered on the smartphone metaverse platform REALITY. However, if business development fails to proceed as planned due to circumstances differing from expectations or other factors, this may affect the Group’s business development and operating performance.」
The Company has reiterated the potential impact if plans are not achieved in expanding the metaverse business centered on REALITY. - FY2024RestatedAnnual report
「In the metaverse business, the Group plans to expand its scale, centered on the smartphone metaverse platform REALITY. However, if business development fails to proceed as planned due to circumstances differing from expectations or other factors, this may affect the Group’s business development and operating performance.」
The Company has reiterated the potential impact if plans are not achieved in expanding the metaverse business centered on REALITY. - FY2023First statedAnnual report
「In the metaverse business, the Group plans to expand its scale, centered on the smartphone metaverse platform REALITY. However, if business development fails to proceed as planned due to circumstances differing from expectations or other factors, this may affect the Group’s business development and operating performance.」
The potential impact if plans are not achieved in expanding the metaverse business, particularly REALITY, has been disclosed as a new standalone risk.