Risk of Failure to Achieve the Vision2024 Business Strategy and Business Growth
First written in FY2022. 4 of 8 entries say "Restated". Latest entry: 2026-06-12.
Morpho moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 11 of 19 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-06-12WorsenedEarnings
「However, the performance for the current interim consolidated accounting period was extremely challenging. Revenue and earnings declined year on year, and the deficit for the consolidated cumulative period widened, due to a drop in licensing demand in the smart-device field affected by production adjustments by customer companies in response to soaring global semiconductor prices, as well as longer lead times for contract-development projects in the automotive and mobility fields amid uncertainty over the outlook for Japan’s automotive industry as a whole.」
Vision2027の戦略領域で、スマートデバイスのライセンス需要減少と車載受託開発案件の長期化が業績悪化として現れている。 - FY2026-H1WorsenedAnnual report
「However, the performance for the current interim consolidated accounting period was extremely challenging. Revenue and earnings declined year on year, and the deficit for the consolidated cumulative period widened, due to a drop in licensing demand in the smart-device field affected by production adjustments by customer companies in response to soaring global semiconductor prices, as well as longer lead times for contract-development projects in the automotive and mobility fields amid uncertainty over the outlook for Japan’s automotive industry as a whole.」
Vision2027下の事業戦略について、スマートデバイスのライセンス需要落ち込み及び車載受託開発案件の進捗長期化が生じ、減収減益及び赤字幅拡大につながっている。 - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
事業等のリスクについて新規発生及び前事業年度からの重要な変更はないとしており、Vision2027の事業戦略未達・事業成長リスクを含むリスク整理を継続している。 - FY2024ReframedAnnual report
「中期経営計画「Vision2027」で設定している事業戦略が、経済環境の変化等の影響により計画どおり進捗しなかった場合に、当社グループの事業成長に及ぼす影響」
事業成長リスクの対象となる中期経営計画の名称が、従来のVision2024からVision2027へ変更されている。 - FY2023RestatedAnnual report
「中期経営計画「Vision2024」で設定している事業戦略が、経済環境の変化等の影響により計画どおり進捗しなかった場合に、当社グループの事業成長に及ぼす影響」
Vision2024の事業戦略が計画どおり進捗しない場合の事業成長リスクを継続して記載している。 - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Vision2024の事業戦略未達・事業成長リスクを含む事業等のリスクについて、新たな発生及び前事業年度からの重要な変更はないとしている。 - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
事業等のリスクについて、新たな発生はなく、前事業年度から重要な変更もないとしている。 - FY2022First statedAnnual report
「If the business strategy established in the medium-term management plan “Vision2024” fails to progress as planned because of changes in the economic environment or other factors, it may affect the growth of our Group's business.」
For the first time, independently identifies the risk to business growth if the Vision2024 business strategy does not progress as planned.