Risk to trust business monetization due to delayed adoption of My Number Cards
First written in FY2021-Q2. 2 of 3 entries say "Restated". Latest entry: FY2021.
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- FY2021RestatedAnnual report
「If customer investment appetite does not become more active, for reasons including slower-than-expected adoption of My Number Cards, the Company may be unable to record the anticipated revenue」
The risk of stalled customer investment and delayed monetization of the Trust business due to slower adoption of My Number Cards continues. - FY2021-Q3RestatedAnnual report
「The Trust business aims to provide highly reliable, low-cost services using My Number Cards. However, if customer investment appetite does not become more active, for reasons including slower-than-expected adoption of My Number Cards, the Group may be unable to record the anticipated revenue, which could affect its performance.」
The risk of stalled customer investment and delayed monetization of the Trust business due to slower adoption of My Number Cards continues. - FY2021-Q2First statedAnnual report
「The Trust business aims to provide highly reliable, low-cost services using My Number Cards. However, if customer investment appetite does not become more active, for reasons including slower-than-expected adoption of My Number Cards, the Group may be unable to record the anticipated revenue, which could affect its performance.」
The Company newly identifies the risk that customer investment and revenue recognition for Trust services based on My Number Cards may not progress if card adoption is slower than expected.