Delays in overseas business expansion, local regulations, market trends, and exchange-rate fluctuations
First written in FY2017. 16 of 27 entries say "Restated". Latest entry: 2026-07-31.
Pole To Win Holdings moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Regarding Side America, Inc.’s game development outsourcing services business, transactions with a major customer ended due to changes in the business environment and other factors. As the business has been performing below the business plan prepared at the time of acquisition on the assumption that transactions with the major customer would continue, the Group determined that there were indications of impairment.」
Risks related to the overseas business, including market conditions, customers and the business plan, materialised in the form of the termination of transactions with Side America’s major customer and performance below the plan prepared at the time of acquisition, resulting in an indication of impairment. - FY2023MaterialisedAnnual report
「Because the situation in Ukraine made it difficult to operate the business as planned when it was originally acquired, an impairment loss of ¥609,590 thousand on goodwill and intangible assets related to 1518 Studios, Inc. was recognised.」
The overseas business risk arising from local conditions was reflected in the year’s results as difficulty in operating 1518 Studios’ business and an impairment loss of ¥609,590 thousand. - FY2023-Q3MaterialisedAnnual report
「1518 Studios, Inc. (its US subsidiary) outsourced work such as 2D art development to staff in Russia and Ukraine. However, the situation in Ukraine made it difficult to operate the business as planned when the business was originally acquired, and impairment losses on goodwill and intangible assets related to 1518 Studios, Inc. were recorded as extraordinary losses.」
The risk from local conditions that had been anticipated in the overseas business materialised in the form of difficulty in operating 1518 Studios’ business and the recognition of impairment losses. - FY2023-Q2MaterialisedAnnual report
「As estimating future cash flows became difficult as a result, the full carrying amount of goodwill and intangible assets related to the business, ¥627,873 thousand, was recognised as an impairment loss and recorded under extraordinary losses.」
The situation in Ukraine made it difficult for 1518 Studios, Inc. to operate the business as originally planned, resulting in the recognition of an impairment loss of ¥627,873 thousand on all goodwill and intangible assets. - FY2023-Q1MaterialisedAnnual report
「Although the utilization rate of staff residing in Russia declined and business restructuring costs were incurred, orders for voice recording, localization, and customer support remained firm, while revenue increased due to yen depreciation.」
Among the risks related to the overseas business, lower utilisation rates among staff residing in Russia and the incurrence of business restructuring costs are described as actual business developments. - FY2022-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2022-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2022-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2021-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - 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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2020RestatedAnnual report
「In addition to supporting Japanese companies’ overseas expansion, the Group plans to actively pursue the development of local companies as customers. However, overseas, the nature of debugging services and other services differs to some extent by region, and the Group’s future business expansion may not proceed as anticipated. The Group may also be affected by various local laws and regulations, market trends in the regions where it operates, and foreign exchange fluctuations.」
It reaffirms the risks of delays in overseas expansion, local laws and regulations, market trends and foreign exchange fluctuations. - FY2020-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2020-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2020-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2019RestatedAnnual report
「In addition to supporting Japanese companies’ overseas expansion, the Group plans to actively pursue the development of local companies as customers. However, overseas, the nature of debugging services and other services differs to some extent by region, and the Group’s future business expansion may not proceed as anticipated. The Group may also be affected by various local laws and regulations, market trends in the regions where it operates, and foreign exchange fluctuations.」
It reaffirms the risks of delays in overseas expansion, local laws and regulations, market trends and foreign exchange fluctuations. - 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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - 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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - 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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - 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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2018-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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - 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.」
It states that there have been no material changes in the risks of delays in overseas business expansion, local regulations, market trends and foreign exchange fluctuations. - FY2017First statedAnnual report
「In addition to supporting Japanese companies’ overseas expansion, the Group plans to actively pursue the development of local companies as customers. However, overseas, the nature of debugging services and other services differs to some extent by region, and the Group’s future business expansion may not proceed as anticipated. The Group may also be affected by various local laws and regulations, market trends in the regions where it operates, and foreign exchange fluctuations.」
For its overseas business, it identifies as specific risks the possibility that expansion may not proceed as anticipated, local laws and regulations, market trends and foreign exchange fluctuations.