Risks of a delayed international business launch and continuing losses
First written in FY2016. 6 of 7 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 10 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Revenue from the international business was ¥40.5 billion and ¥45.7 billion in the fiscal years ended March 2025 and March 2026, respectively, while operating profit for internal management purposes was ¥2.9 billion and ¥3.2 billion, respectively.」
The international business maintained profitability, and both revenue and operating profit increased, further reducing the risk of delays in launching the business and continued losses. - FY2024MitigatedAnnual report
「Revenue from the international business was ¥25.6 billion and ¥35.3 billion in the fiscal years ended March 2023 and March 2024, respectively, while operating profit for internal management purposes was ¥2.0 billion and ¥2.7 billion, respectively.」
The international business remained profitable, and both revenue and operating profit increased, further reducing the risk of delays in launching the business and continued losses. - FY2023MitigatedAnnual report
「Revenue from the international business was ¥17.8 billion and ¥25.6 billion in the fiscal years ended March 2022 and March 2023, respectively, while operating profit was ¥1.2 billion and ¥2.0 billion, respectively.」
The international business remained profitable after moving out of the red, with both revenue and operating profit increasing, reducing the risk of delays in launching the business and continued losses. - FY2019MitigatedAnnual report
「In the international business, the Asian subsidiaries, which had been in the launch phase, became profitable as a group as operations progressed, in line with the plan. Revenue for the international business as a whole was ¥7.72 billion, and operating profit was ¥90 million.」
The profitability of the Asian subsidiaries further reduced the risk of delays in launching the international business and continued losses. - FY2018MitigatedAnnual report
「In the international business, profits from the existing US and European bases offset losses at the Asian bases, which were still in the launch phase, resulting in a return to profitability for the business as a whole.」
The international business shifted from an operating loss to operating profit, reducing the risk of delays in launching the business and continued losses. - FY2017MitigatedAnnual report
「Revenue from the international business was ¥6.39 billion, compared with ¥5.26 billion in the previous period, and the operating loss was ¥180 million, compared with ¥540 million in the previous period. The company anticipates turning profitable in fiscal 2017.」
Although the international business remained loss-making, revenue growth and a smaller operating loss were reported. The risk remains present. - FY2016First statedAnnual report
「The international business is still in its launch phase. If it fails to develop as expected and revenue does not grow, for reasons including its inability to provide services as reliable as those in Japan, it may be unable to cover costs associated with the international business, including personnel-related expenses at overseas locations, and its earnings may fail to improve or may deteriorate.」
In the fiscal year ended March 2016, the international business generated approximately ¥5.3 billion in revenue and an operating loss of approximately ¥500 million, meaning that losses had already been incurred.