Additional Investment in New Services and New Businesses and Delayed Monetization
First written in FY2016. 18 of 21 entries say "Materialised", first in FY2018-Q4. Latest entry: FY2026.
iRidge moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 6 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Funds used in investing activities during the consolidated fiscal year amounted to ¥443.604 million, compared with a decrease in funds of ¥581.951 million in the previous consolidated fiscal year. This was mainly attributable to spending of ¥635.258 million on the acquisition of intangible fixed assets associated with the development of the company's products and related activities, partly offset by proceeds of ¥195.402 million from the sale of shares in a subsidiary resulting in a change in the scope of consolidation.」
Additional investment in new services and proprietary products materialized over the full year as spending of ¥635.258 million on the acquisition of intangible fixed assets. - 2026-05-08MaterialisedEarnings
「Expenditures for the acquisition of intangible fixed assets associated with developing our products and other items: ¥635,258 thousand」
Additional investment in new services and proprietary products has been realized as ¥635,258 thousand in expenditures for acquiring intangible fixed assets during the fiscal year. - FY2026-H1MaterialisedAnnual report
「Funds used in investing activities during the interim consolidated accounting period amounted to ¥78.123 million, compared with a decrease in funds of ¥212.711 million in the same period of the previous year. This was mainly attributable to spending of ¥274.778 million on the acquisition of intangible fixed assets associated with the development of the company's products and related activities, partly offset by proceeds of ¥195.402 million from the sale of shares in a subsidiary resulting in a change in the scope of consolidation.」
Additional investment in new services and proprietary products continued to materialize as spending of ¥274.778 million on the acquisition of intangible fixed assets. - FY2025-H1MaterialisedAnnual report
「Funds used in investing activities during the interim consolidated accounting period amounted to ¥212.711 million, compared with a decrease in funds of ¥249.014 million in the same period of the previous year. This was mainly attributable to spending of ¥212.412 million on the acquisition of intangible fixed assets associated with the development of the company's products and related activities.」
Additional investment in the development of proprietary products occurred during the interim consolidated accounting period as spending of ¥212.412 million on the acquisition of intangible fixed assets. - FY2024MaterialisedAnnual report
「Investing activities resulted in a decrease in funds of ¥489.241 million. The main factor was spending of ¥384.686 million on the acquisition of intangible fixed assets associated with the development of software for internal use, including APPBOX.」
Additional investment in new services materialized over the full year as ¥384.686 million of spending on software development, including APPBOX. - FY2024-Q3MaterialisedAnnual report
「For the fiscal year ending March 2024, the company is pursuing a strategy and proactive investment aimed at achieving medium- to long-term growth. In the OMO business, it began providing APPBOX, its new app business platform, in the first quarter of the fiscal year ending March 2024. During the nine months ended the third quarter, in addition to continuing to invest in APPBOX, the company made upfront investments, including new hiring, in anticipation of future business expansion. In the fintech business, it continued to invest in MoneyEasy, the digital regional currency platform, in order to establish the business's earnings base.」
Additional investment in new services and new businesses materialized during the nine months ended the third quarter through continued investment in APPBOX, new hiring, and investment in MoneyEasy. - FY2024-Q2MaterialisedAnnual report
「This was mainly attributable to spending of ¥223.523 million on the acquisition of intangible fixed assets associated with the development of the company's products and related activities.」
Additional investment in the development of proprietary products continued during the six months ended the second quarter, with spending of ¥223.523 million on the acquisition of intangible fixed assets. Continued investment in APPBOX and MoneyEasy was also disclosed. - FY2024-Q1MaterialisedAnnual report
「During the three months ended the first quarter, in addition to continuing to invest in APPBOX, the app business platform, the company made upfront investments, including new hiring, in anticipation of future business expansion. In the fintech business, it also continued to invest in MoneyEasy, the digital regional currency platform, in order to establish the business's earnings base.」
Additional investment in new services and new businesses occurred during the quarter through continued investment in APPBOX, new hiring, and investment in MoneyEasy. - FY2023MaterialisedAnnual report
「This was mainly attributable to spending of ¥396.913 million on the acquisition of intangible fixed assets associated with the development of software for internal use, including APPBOX, ¥94.563 million on the acquisition of investment securities, and ¥163.033 million on the acquisition of shares in a subsidiary resulting in a change in the scope of consolidation.」
Additional investment in new services and new businesses occurred as ¥396.913 million of spending on software development, including APPBOX. - FY2023-Q2MaterialisedAnnual report
「This was mainly attributable to spending of ¥143.743 million on the acquisition of intangible fixed assets associated with the development of the company's products and related activities.」
Additional investment in the development of proprietary products continued during the cumulative period, with spending of ¥143.743 million on the acquisition of intangible fixed assets. - FY2022MaterialisedAnnual report
「This was mainly attributable to spending of ¥153.634 million on the acquisition of intangible fixed assets associated with the development of software for internal use, including FANSHIP, and ¥49.794 million on the purchase of investment securities.」
Additional investment in proprietary services continued as ¥153.634 million of spending on software acquisitions, including FANSHIP. An impairment loss of ¥4.300 million was also recognized for software related to a new business. - FY2021MaterialisedAnnual report
「This was mainly attributable to spending of ¥127.870 million on the acquisition of intangible fixed assets associated with the development of software for internal use, including FANSHIP, and ¥369.810 million on the acquisition of investment securities.」
Investment in new services and new businesses continued as ¥127.870 million of spending on software for internal use, including FANSHIP. An impairment loss of ¥37.460 million was also recognized during the period. - FY2021-Q2MaterialisedAnnual report
「Net cash used in investing activities was ¥106.114 million. This was mainly attributable to spending of ¥81.617 million on the acquisition of intangible fixed assets associated with the development of FANSHIP and related activities.」
Additional investment in new services continued, with spending of ¥81.617 million on the acquisition of intangible fixed assets associated with the development of FANSHIP and related activities during the six months ended the second quarter. - FY2020MaterialisedAnnual report
「MoneyEasy remains an effective means of revitalizing local economies. It is also a contactless electronic payment method that does not require person-to-person contact, as recommended by the government's expert panel as part of a “new lifestyle” that balances preventing the spread of infection with maintaining social activity. We believe that, once stability has been restored, it will attract the same level of interest as before, or even greater interest, although its rollout will be delayed.」
For MoneyEasy, the expected decline in software earnings due to the anticipated delay in its rollout resulted in the recognition of an impairment loss of ¥144.215 million. - FY2020-Q2MaterialisedAnnual report
「This was mainly attributable to spending of ¥109.991 million on the acquisition of intangible fixed assets associated with the development of FANSHIP and related activities.」
Additional investment in new services materialized as ¥109.991 million of spending on the acquisition of intangible fixed assets associated with the development of FANSHIP and related activities. - FY2019-Q4MaterialisedAnnual report
「Net cash used in investing activities was ¥1,648.287 million. This was mainly attributable to spending of ¥1,480.000 million on the acquisition of shares related to the conversion of DG Marketing Design Co., Ltd. into a subsidiary and ¥102.150 million on the acquisition of intangible fixed assets associated with the development of MoneyEasy and related activities.」
Spending of ¥102.150 million on the acquisition of intangible fixed assets associated with the development of MoneyEasy and related activities occurred, showing that additional investment in new services is continuing in actual results. - FY2018MaterialisedAnnual report
「This was mainly attributable to spending of ¥104.605 million on the acquisition of intangible fixed assets associated with the development of MoneyEasy and related activities, ¥50.800 million on the acquisition of investment securities, and ¥39.569 million on the payment of lease deposits and guarantees in connection with expanded office space.」
Additional investment in new service development occurred over the full year as ¥104.605 million of spending on the acquisition of intangible fixed assets. - FY2018-Q4MaterialisedAnnual report
「Recently, the company has also increased its allocation of resources to its proprietary services, including the electronic regional currency platform MoneyEasy. This reflects spending on the acquisition of intangible fixed assets associated with the development of MoneyEasy and related activities.」
Additional investment in new services has actually occurred, with spending of ¥53.340 million on the acquisition of intangible fixed assets associated with the development of MoneyEasy and related activities. - FY2017RestatedAnnual report
「This may result in additional investment in hiring personnel, systems development, and other areas, and it may take time to generate stable earnings. In addition, if the rollout of new services and new businesses does not proceed as originally planned, the investment may not be recoverable. Depending on the nature of the new services and businesses, additional risk factors specific to them may arise and may affect our business and financial results.」
The company continues to disclose the risks of additional investment in new services and new businesses, the time required to monetize them, and the possibility that the investment may not be recovered. - FY2017-Q3WorsenedAnnual report
「Accordingly, development costs, including personnel expenses related to new services and new businesses, are expected to increase going forward.」
The company explicitly expects development costs, including personnel expenses, related to new services and new businesses to increase, making the burden of additional investment more specific. - FY2016First statedAnnual report
「This may result in additional investment in hiring personnel, systems development, and other areas, and it may take time to generate stable earnings. In addition, if the rollout of new services and new businesses does not proceed as originally planned, the investment may not be recoverable.」
For new services and new businesses, the company identifies additional investment in hiring and systems development, the time required to monetize them, and the possibility that the investment may not be recovered.