Deviations Between Budget and Actual Results and Difficulty Forecasting the Future
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 8 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, because we are developing our business while creating the speech recognition market, it is difficult in some respects to forecast the future of each business we operate, and our businesses may be affected by unforeseeable external factors, including recent rapid changes in the economic environment. Accordingly, although we will manage budgets and actual results rigorously in each business and work to prevent budget-to-actual variances, such variances may continue to arise in the future.」
The Company continues to disclose the difficulty of forecasting future performance while creating the market, external factors, and the possibility of budget-to-actual variances. - FY2022RestatedAnnual report
「However, because we are developing our business while creating the speech recognition market, it is difficult in some respects to forecast the future of each business we operate, and our businesses may be affected by unforeseeable external factors, including recent rapid changes in the economic environment. Accordingly, although we will manage budgets and actual results rigorously in each business and work to prevent budget-to-actual variances, such variances may continue to arise in the future.」
The Company continues to disclose the difficulty of forecasting future performance while creating the market, external factors, and the possibility of budget-to-actual variances. - FY2021First statedAnnual report
「However, because we are developing our business while creating the speech recognition market, it is difficult in some respects to forecast the future of each business we operate, and our businesses may be affected by unforeseeable external factors, including recent rapid changes in the economic environment. Accordingly, although we will manage budgets and actual results rigorously in each business and work to prevent budget-to-actual variances, such variances may continue to arise in the future.」
The Company disclosed, as new risks, the difficulty of forecasting future performance while creating the speech recognition market, rapid changes in the economic environment, and the possibility of budget-to-actual variances, and identified budget-to-actual management as a response measure.