Risk of Failure to Achieve Monetization in New Fields Following Business Expansion
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2025: 6 of 14 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
This is a comprehensive statement that there have been no material changes in the risk of failing to monetize new business areas following the expansion of the business domain. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
This is a comprehensive statement that there have been no material changes in the risk of failing to monetize new business areas following the expansion of the business domain. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
It is stated that there have been no material changes concerning the risk of failing to monetize new fields. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
It is stated that there have been no material changes concerning the risk of failing to monetize new fields. - FY2019-Q1MaterialisedAnnual report
「We determined that it would be difficult to continue recruiting and developing financial planners with sufficient knowledge and experience and scale the business while continuing to provide high-quality services to a broad range of users, and decided to reduce the scale of the business.」
It was determined that scaling the business in the new field would be difficult, and the reduction in the scale of “mirai talk” was an actual occurrence of failure to monetize and expand the business. - FY2017First statedAnnual report
「In the future, we may enter fields different from our current business domains, including fintech services such as crowdfunding, including social lending, investment and asset management services, and settlement services. However, if we expand our business domains and enter fields different from our current domains but fail to make the newly entered fields profitable, this may affect the performance of our group.」
The risk of failing to monetize new fields while pursuing new businesses and diversification was newly disclosed.