Komori
AltPlus Holdings (3672) · RiskMaterialised

Risk of Failure to Meet Progress Targets and Additional Spending in New Businesses

First written in FY2016. 5 of 7 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026-H1.

7entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016MaterialisedFY2019-Q1 – FY2019-Q3ReframedFY2020MaterialisedFY2025-H1 – FY2026-H12016: 12017: 020172018: 020182019: 220192020: 120202021: 020212022: 020222023: 020232024: 020242025: 120252026: 22026
Same theme, other companies
Management strategy execution risk from investments in new businesses and partnershipsA theme 37 companies write about · 38 as a headwind · 0 as a tailwind

AltPlus Holdings moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).

The whole theme swung hardest in 2022: 4 of 18 companies on the "Worse" side.

6 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 37 companies compared. The sentences above are computed from all 37.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MaterialisedAnnual report

    「当中間連結会計期間において、25年8月にリリースした『忘却前夜』の開発会社へ支払った最低保証料について、売上実績が当初計画より下振れて推移しており、あわせて今後の計画を見積もった結果、最低保証料を費消することが難しくなったため、最低保証料評価損63,896千円を計上いたしました。」

    新規タイトル『忘却前夜』について、売上実績が当初計画を下回り、最低保証料63,896千円の評価損を計上する事態が実際に発生した。
  2. 2026-05-14MaterialisedOccurring Fact

    「During the interim consolidated accounting period, sales of “Forget Me Not” remained below the initial plan. After estimating the future plan, we determined that it would be difficult to recover the minimum guarantee paid to the developer, and therefore recorded an impairment loss on the minimum guarantee of ¥63,896 thousand.」

    Sales of “Forget Me Not” fell below the initial plan, and an impairment loss on the minimum guarantee was actually recorded.
  3. FY2025-H1MaterialisedAnnual report

    「ユーザーの獲得が思うように進まないことを踏まえて、今後はIPの魅力を引き出すコンテンツになるようにビジネススキームの見直しを進めてまいります。」

    新たな事業展開において、推し活市場向けアプリのユーザー獲得が思うように進まない状況が実際に生じ、事業スキームの見直しが必要な状況として記載された。
  4. FY2020ReframedAnnual report

    「当社グループは、ゲーム事業については、これまでの開発及び運営で培ったノウハウを活かし、今後の成長が見込まれるゲーミフィケーションの分野等への展開を検討しております。」

    新規事業の進捗未達・追加支出リスクについて、従来のコミュニティオを中心とした記載から、ゲーム開発・運営ノウハウを活用するゲーミフィケーション分野等への展開検討へ焦点が移っている。
  5. FY2019-Q3MaterialisedAnnual report

    「本事業への充当を目的とした資金調達が株価の下落により進まず、事業進捗に影響が生じていることを踏まえ、本事業を目的として設立した100%子会社(株式会社コミュニティオ)の持分の大半を同社代表取締役に対して譲渡し、スピンアウトいたしました。」

    コミュニティオ事業では、資金調達の不成立が事業進捗に実際に影響し、親会社からのスピンアウトに至った。
  6. FY2019-Q1MaterialisedAnnual report

    「コミュニティオ事業につきましては、収益化までには時間を要するとともに、必要な投資資金の確保が進んでいない」

    コミュニティオについて、収益化に時間を要することと必要な投資資金の確保が進んでいないことが、実際の状況として記載された。
  7. FY2016First statedAnnual report

    「If a new business initiative does not progress as expected, this could materially affect the Group’s business and performance.」

    The Company identified failure to meet targets and additional spending on personnel, systems investment and advertising associated with overseas expansion, new content and new businesses as risks.
Moved together

"Risk of dilution in equity value from convertible bonds with share acquisition rights" moved the same way as this thread, in the same document, in 3 of its 7 moves.

333222★123456
  1. ★This thread
  2. 1Risk of dilution in equity value from convertible bonds with share acquisition rights3×
  3. 2Material uncertainty related to going concern3×
  4. 3Uncertainty in the earnings outlook for transferred operations, offshore development and new titles3×
  5. 4Risk of Insufficient Fundraising if the Second Convertible Bond and the Seventh and Eighth Series of Stock Acquisition Rights Are Not Exercised2×
  6. 5Expanding Game Support Services, Including Operations Outsourcing and Recruitment2×
  7. 6Recognition of Impairment Loss on Investment Securities2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for AltPlus Holdings yet. It last moved in the Occurring Fact of 2026-05-14: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.