Prolonged evaluations and implementation delays in new fast-startup-related projects
First written in FY2017-Q2. 7 of 13 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2023.
The whole theme swung hardest in 2025: 4 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The high-speed-boot products generated royalty revenue from existing customers related to automotive equipment in Japan and overseas and overseas consumer equipment. We continue to carry out large- and medium-scale development projects with multiple companies, centered on in-vehicle equipment such as car navigation systems.」
The high-speed-boot products generated royalty revenue from existing customers, while large- and medium-scale automotive equipment development projects with multiple companies continue. - FY2023-Q3RestatedAnnual report
「The high-speed-boot products generated royalty revenue from existing customers related to automotive equipment in Japan and overseas and overseas consumer equipment. We continue to develop large- and medium-scale projects with multiple companies, centered on in-vehicle equipment such as car navigation systems.」
The high-speed-boot products generated royalty revenue from existing customers, while development of large- and medium-scale automotive equipment projects with multiple companies continues. - FY2023-Q1RestatedAnnual report
「We continue to develop large- and medium-scale projects with multiple companies, centered on in-vehicle equipment such as car navigation systems.」
For the high-speed-boot products, development of large- and medium-scale automotive equipment projects with multiple companies continues. - FY2022-Q2RestatedAnnual report
「The high-speed-boot products generated royalty revenue from existing customers related to automotive equipment in Japan and overseas and overseas consumer equipment. We continue to develop large- and medium-scale projects with multiple companies, centered on in-vehicle equipment such as car navigation systems.」
The high-speed-boot products generated royalty revenue from existing customers, while development of large- and medium-scale automotive equipment projects continues. - FY2020MitigatedAnnual report
「Royalty revenue from existing customers related to automotive equipment and overseas consumer equipment remained steady for the high-speed-boot products. We continue to develop large- and medium-scale projects with multiple companies, centered on in-vehicle equipment such as car navigation systems. Revenue was also recognized from upfront contractual payments and contract development for new projects aimed at commercialization.」
Royalty revenue from existing customers remained steady, while upfront contractual payments and contract development revenue were recognized for new projects, reducing the risks of prolonged evaluations and implementation delays. - FY2020-Q2MitigatedAnnual report
「Royalty revenue from existing customers related to automotive equipment and overseas consumer equipment remained steady for the high-speed-boot products. We continue to develop large- and medium-scale projects with multiple companies, centered on in-vehicle equipment such as car navigation systems. Revenue from contract development was also recognized for new projects aimed at commercialization.」
Royalty revenue from existing customers remained steady, and contract development revenue was recognized for new projects aimed at commercialization, further reducing the risks of prolonged evaluations and implementation delays. - FY2019MitigatedAnnual report
「In high-speed boot, progress was made in handling new projects involving medical and industrial equipment in addition to automotive equipment, and revenue was recognized from upfront contractual payments for the commercialization of certain products and from contract development.」
In high-speed boot, progress in handling new projects led to the recognition of upfront contractual payments for the commercialization of certain products and contract development revenue, further reducing the risks of prolonged evaluations and implementation delays. - FY2019-Q3MitigatedAnnual report
「Royalty revenue from existing automotive equipment customers related to high-speed boot continued steadily, while shipments of new electronic products for general consumers by existing customers were strong and contributed to royalty revenue. We continue to pursue research and development of large- and medium-scale projects with multiple companies, centered on in-vehicle equipment such as car navigation systems, as well as implementation, including orders for new projects aimed at commercialization. We are also pursuing new projects, including acquiring and evaluating projects for medical and industrial equipment in addition to automotive equipment.」
Royalty revenue from existing customers remained steady, and shipments of new electronic products for general consumers also contributed to sales. Meanwhile, implementation of large- and medium-scale projects and handling of new projects remain ongoing. - FY2019-Q2MitigatedAnnual report
「Mass production by customers whose shipments began last year is beginning to ramp up. We continue to pursue research and development of large- and medium-scale projects with multiple companies, centered on in-vehicle terminals such as car navigation systems, as well as implementation, including orders for new projects aimed at commercialization」
In high-speed boot, mass production by customers whose shipments began the previous year has ramped up, advancing monetization of existing projects. Meanwhile, implementation of large- and medium-scale projects remains ongoing. - FY2018MitigatedAnnual report
「In high-speed boot, mass production by existing OA and automotive equipment customers continued steadily, while royalty revenue was generated from multiple customers, including automotive and other equipment customers that moved into mass production during the current fiscal year.」
Multiple customers in automotive equipment and other areas moved into mass production and generated royalty revenue, indicating progress against the risk of a prolonged period from adoption to mass production and monetization. - FY2018-Q2MitigatedAnnual report
「Mass production by existing automotive equipment customers is progressing steadily, while new customers that moved into mass production from this fiscal year are ramping up and generating royalty revenue」
Progress has been made against the previous risks of prolonged evaluations and implementation delays, with new customers moving into mass production and generating royalty revenue. Meanwhile, research and development and implementation for the commercialization of large- and medium-scale projects remain ongoing. - FY2017-Q3WorsenedAnnual report
「Given the characteristics of the automotive equipment market, it takes time from adoption to product launch, so we expect monetization to expand gradually over several years.」
The company explicitly states that the time lag from adoption of automotive equipment to market launch and monetization means that monetization is expected to progress gradually over several years. - FY2017-Q2First statedAnnual report
「Meanwhile, with respect to acquiring new projects, it is taking longer than expected to finalize projects for product implementation, including because evaluation periods have been extended.」
The company identifies as a new risk the situation in which evaluation periods for new high-speed-boot projects are longer than expected, delaying the finalization of projects for product implementation.