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Drecom (3793) · RiskRaised

Risk of Policy Changes and Reduced Investment by IP Project Partners

First written in FY2017. 11 of 13 entries say "Restated". Latest entry: FY2023.

13entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2023-Q32017: 220172018: 220182019: 320192020: 120202021: 220212022: 120222023: 22023
Same theme, other companies
Risk of unsuccessful R&D and business partnership development and changes in relationshipsA theme 56 companies write about · 59 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 4 of 18 companies on the "Worse" side.

1 other company's latest entry also says "Raised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 56 companies compared. The sentences above are computed from all 56.
Full recordFilings, disclosures and news, newest first
  1. FY2023RaisedAnnual report

    「More recently, as with Wizardry, for which the Group acquired the copyrights and trademark rights in 2020, the Group itself owns IP content and is expanding it into a wide range of areas beyond games. To own IP content, it is essential to develop in-house personnel capable of fulfilling the responsibilities of an IP holder. Failure to do so could significantly impair the value of the IP content.」

    In addition to the risk of policy changes by external IP partners, the company explicitly identified the risks of impairment of value and strategic constraints resulting from insufficient personnel development for internally owned IP and unsuccessful collaboration with external partners.
  2. FY2023-Q3RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  3. FY2023-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  4. FY2022-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  5. FY2021-Q3RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  6. FY2021-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  7. FY2020-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  8. FY2019RestatedAnnual report

    「Joint development with partners offers benefits, including reduced risk through the sharing of development and operating costs. However, if individual partners change or otherwise revise their business policies, the Group may not be able to operate the business as intended.」

    The company continues to disclose the risks arising from changes in IP project partners' policies and reduced, delayed, or canceled investment.
  9. FY2019-Q3RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  10. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  11. FY2018-Q3RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  12. FY2018-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no new developments or significant changes regarding the risk of changes in IP project partners' policies or reduced investment.
  13. FY2017First statedAnnual report

    「Joint development with partners offers benefits, including reduced risk through the sharing of development and operating costs. However, if individual partners change or otherwise revise their business policies, the Group may not be able to operate the business as intended.」

    Regarding dependence on external partners in its IP gaming strategy, the company has newly provided more detail on the impact of policy changes and reduced, delayed, or canceled investment.
Moved together

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Drecom's next results are scheduled for 2026-10-29. Read the earnings preview
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Risk of Policy Changes and Reduced Investment by IP Project Partners | Drecom Co.,Ltd. (3793) | Komori