Initial Investment and Monetization Risks in New Businesses
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2017: 6 of 20 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, initial investment in these new businesses may reduce the Group’s profit margins, and if monetization of the new businesses does not progress as initially planned, the Group’s operating results and future business development may be affected.」
新規事業への初期投資による利益率低下及び計画どおりに収益化できない可能性を継続して記載している。 - FY2022RestatedAnnual report
「However, initial investment in these new businesses may reduce the Group’s profit margins, and if monetization of the new businesses does not progress as initially planned, the Group’s operating results and future business development may be affected.」
新規事業への初期投資による利益率低下及び計画どおりに収益化できない可能性を継続して記載している。 - FY2021RestatedAnnual report
「However, initial investment in these new businesses may reduce the Group’s profit margins, and if monetization of the new businesses does not progress as initially planned, the Group’s operating results and future business development may be affected.」
新規事業への初期投資による利益率低下及び計画どおりに収益化できない可能性を継続して記載している。 - FY2019RestatedAnnual report
「However, initial investment in these new businesses may reduce the Group’s profit margins, and if monetization of the new businesses does not progress as initially planned, the Group’s operating results and future business development may be affected.」
新規事業への初期投資による利益率低下及び計画どおりに収益化できない可能性を継続して記載している。 - FY2016First statedAnnual report
「However, initial investment in these new businesses may reduce the Group’s profit margins, and if monetization of the new businesses does not progress as initially planned, the Group’s operating results and future business development may be affected.」
The disclosure describes the possibility of lower profit margins due to initial investment in new businesses and failure to monetize them as planned.