Risks arising from changes in new businesses and business partners
First written in FY2017. 8 of 13 entries say "Restated". Latest entry: FY2024.
Mitsubishi Research Institute moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 4 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「In new businesses involving on-site work, we operate with due attention to occupational health and safety. However, inadequate management could result in an accident.」
As a risk relating to new businesses, the Company has added the risk of occupational health and safety accidents during on-site work to the existing risks involving the business environment, business partners, users and system failures. - FY2023WorsenedAnnual report
「However, if the business environment changes more than expected, the circumstances of business partners change, users respond unfavorably or complaints increase, or services are suspended due to system failures or other factors, the business could be suspended, users and others could seek damages, and the reputation of our Group could be damaged, potentially affecting our business performance.」
For risks relating to new businesses, the Company has added unfavorable user reactions and complaints, system failures and service suspensions to the existing risks involving changes in the business environment and business partners. - FY2023-Q3RestatedAnnual report
「During the cumulative nine-month period, there were no new business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks relating to new businesses, changes in business partners or the use of AI and other technologies. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter of the current fiscal year. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks relating to new businesses, changes in business partners or the use of AI and other technologies. - 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.」
The Company states that there have been no material changes to the existing risks relating to new businesses, changes in business partners or the use of AI and other technologies. - FY2020MitigatedAnnual report
「To address these risks, we make implementation decisions for such businesses after third parties have reviewed the business outlook, investment profitability and overall risks. In promoting businesses that use new technologies, typified by AI, we operate in accordance with our internally established Guidelines for Promoting AI Businesses.」
The Company describes its response to risks relating to new businesses, changes in business partners and the use of AI, including third-party reviews of the business, investment and risks and the use of its Guidelines for Promoting AI Businesses. - FY2019WorsenedAnnual report
「In promoting businesses that use new technologies, typified by AI, we operate in accordance with our internally established Guidelines for Promoting AI Businesses. However, if our response is insufficient to the fairness, transparency, safety and accountability required when using AI and other technologies, the business could be suspended, users and others could seek damages, and the reputation of our Group could be damaged, potentially affecting our business performance.」
In addition to the existing risks relating to new businesses and changes in business partners, the Company has added risks of business suspension, claims for damages and reputational damage arising from an inadequate response to fairness, transparency, safety and accountability in the use of AI. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third 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.」
The Company states that there have been no new risks or material changes relating to existing business and other risks, including risks from changes in new businesses and business partners. - 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.」
The Company states that there have been no new risks or material changes relating to existing business and other risks, including risks from changes in new businesses and business partners. - 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.」
The Company states that there have been no new risks or material changes relating to existing business and other risks, including risks from changes in new businesses and business partners. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third 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.」
The Company states that there have been no new risks or material changes relating to existing business and other risks, including risks from changes in new businesses and business partners. - FY2018-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.」
The Company states that there have been no new risks or material changes relating to existing business and other risks, including risks from changes in new businesses and business partners. - FY2017First statedAnnual report
「Our Group is actively advancing the development of its Think & Act business, pursuing initiatives that cover the process from planning and plan formulation through commercialization. As this development progresses, we expect the number of new businesses and businesses requiring business or capital alliances to increase. However, if the business environment changes more than expected or the circumstances of business partners change, this could affect our business performance.」
The Company indicates that new businesses and business and capital alliances are expected to increase as the Think & Act business expands, and identifies the impact on business performance from changes in the business environment and business partners as a new risk.