Risk of Recovering Upfront Investment in New Businesses
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2025.
Temona. moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 28 of 83 companies on the "Worse" side.
27 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Regarding the goodwill of AIS株式会社 held by our group, the company revised its business plan after performance fell below the planned levels and determined that recovering the investment would be difficult. Accordingly, it reduced the carrying amount to the recoverable amount. The recoverable amount was measured based on value in use, which was assessed as zero.」
The investment recovery risk associated with new businesses and acquisitions arose in connection with AIS株式会社's goodwill, and the company recorded an impairment loss of ¥8,640 thousand. - FY2023RestatedAnnual report
「If the expansion and growth of new businesses in the new fields we have entered do not proceed as initially planned, we may be unable to recover our investment, which could affect the business and performance of our group.」
The company reiterates the risk that upfront investments in new businesses may not be recovered. - FY2020MaterialisedAnnual report
「The business assets of サブスクストアB2B held by our group have been subject to an impairment loss because the revenue initially projected is no longer expected to be generated.」
Regarding the investment recovery risk associated with the new service, the company recorded an impairment loss of ¥23,711 thousand on software because the revenue initially projected for サブスクストアB2B was no longer expected to be generated. - FY2018RestatedAnnual report
「If the expansion and growth of new businesses in the new fields into which we have expanded do not progress as initially planned, we may be unable to recover our investments, which could affect our business and operating results.」
The company reiterates the risk that upfront investments in new businesses may not be recovered. - FY2017First statedAnnual report
「This may result in additional spending on upfront system investments, advertising and promotion, among other items, and may reduce profit margins. In addition, if the expansion and growth of new businesses in the new fields into which we have expanded do not progress as initially planned, we may be unable to recover our investments, which could affect our business and operating results.」
The company identifies as risks the increase in system investments and advertising and promotion expenses associated with new businesses, as well as the inability to recover investments if growth does not progress as planned.