Risk that new IP may fail to match user preferences and grow
First written in FY2016. 9 of 11 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Not all new IP is necessarily aligned with the preferences of users and others, and development may not progress as initially planned. If the growth of numerous IPs fails to progress as planned, the group's business and performance could be affected, including by the recognition of impairment losses on investments in production committees.」
The risk that new IP may fail to match preferences or achieve growth, together with the resulting risk of impairment losses on investments, is reiterated. - FY2020-Q3RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2019-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2018RestatedAnnual report
「We strive to develop high-quality new IP, but not all new IP is necessarily aligned with the preferences of users and others, and development may not progress as initially planned.」
The disclosure covers the risk that new IP may fail to match preferences and grow, as well as portfolio building through continued development. - FY2018-Q4RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2018-Q3RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2018-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2017-Q4MaterialisedAnnual report
「Due to the tight labor market in the video production industry in recent years, we were unable to establish the production and production-management structure initially envisioned, resulting in the dispersion of resources. As the development of new IP and growth of existing IP consequently failed to progress as initially planned, fixed costs, including personnel expenses and the amortization of investments, exceeded the revenue generated, resulting in an operating loss and an ordinary loss.」
The risk that the development of new IP and growth of existing IP would fail to progress as initially planned is described as having materialized in deteriorating performance. - FY2017-Q3RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2017-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material change is considered to have occurred regarding the risk that new IP may fail to match user preferences and grow. - FY2016First statedAnnual report
「We strive to develop high-quality new IP, but not all new IP is necessarily aligned with the preferences of users and others, and development may not progress as initially planned.」
The company explains that building a portfolio through the development of numerous new IPs is a risk-mitigation measure.