Risks of Upfront Investment, Plan Changes and Delays in Monetization for New Businesses
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 16 of 40 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
Reconfirms that there have been no material changes in the risks associated with upfront investment in new businesses and delayed monetisation. - FY2024RestatedAnnual report
「Before launching new businesses and services, it is necessary to develop products and build systems. However, these initiatives may fail to progress as planned due to staff shortages and other factors, potentially delaying monetisation.」
Reconfirms the risks of upfront investment in new businesses and delays in development and monetisation due to changes in business plans and staff shortages. - FY2021MaterialisedAnnual report
「Net loss attributable to owners of the parent was ¥174.317 million, due to the recognition by a subsidiary of goodwill impairment losses resulting from the failure to resolve the unprofitability of part of an acquired business undertaken to expand operations, as well as impairment losses on software for internal use at the subsidiary.」
Unprofitability could not be resolved in part of the acquired business, and impairment losses on goodwill and software for internal use were actually recognised. - FY2020RestatedAnnual report
「When launching new businesses and other initiatives, additional expenditures may arise for hiring personnel, upfront investment in research and development and capital expenditures, and advertising and promotion, potentially reducing profit margins. There is also the possibility that various issues may arise, including changes in business policy, business reviews and withdrawal from a business.」
Reconfirms the risk of delayed monetisation due to upfront investment and additional expenditures associated with new businesses, as well as policy changes and withdrawals. - FY2019RestatedAnnual report
「If the expansion and growth of new businesses do not proceed as initially projected, the investment burden incurred to date and other factors could affect the group's business performance and financial condition.」
While developing new businesses in areas such as CPaaS, AI and cloud services, the company reconfirms the risks of investment burdens and delays in monetization. - FY2018RestatedAnnual report
「If the expansion and growth of new businesses do not proceed as initially projected, the investment burden incurred to date and other factors could affect the group's business performance and financial condition.」
The company reconfirms the risks of upfront investment in new businesses and services, changes to plans and delays in monetization. - FY2017RestatedAnnual report
「The development of new businesses and other initiatives may require additional expenditures, including upfront investment in hiring personnel, R&D and equipment, as well as advertising and promotional expenses, which could reduce profit margins.」
The company reiterated the possibility that upfront investment in new businesses and services, changes to plans and delays in monetization could affect business performance and financial condition. - FY2016First statedAnnual report
「The development of new businesses and other initiatives may require additional expenditures, including upfront investment in hiring personnel, R&D and equipment, as well as advertising and promotional expenses, which could reduce profit margins.」
The company identifies the possibility of additional expenditures, changes to plans, investment burdens and delays in monetization in new businesses.