Uncertainty in New Product Development Due to Changes in the Market Environment and Technology Trends
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2026.
Nissan Chemical moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 14 of 29 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「In recent years, we have invested 7–9% of annual net sales in R&D and assigned approximately 40% of our professional staff to research, among other measures.」
The stated range for R&D expenses has changed from 8–9% of annual net sales to 7–9%. Management measures such as setting, evaluating and revising or discontinuing research themes continue to be disclosed. - FY2023RestatedAnnual report
「In recent years, we have allocated a substantial share of our management resources to research and development, investing 8–9% of annual net sales in R&D and assigning approximately 40% of our professional staff to research. We also set research themes based on the latest technical information and continue, revise or discontinue them based on regular evaluations. However, rapid changes in the market environment and technological trends targeted by the Company could affect the success or failure of development and, consequently, our financial results and financial position.」
While continuing to allocate resources to R&D and evaluate research themes, the Company continues to disclose the risk that changes in market and technological trends could affect the success or failure of new product development. - FY2021RestatedAnnual report
「In recent years, we have allocated a substantial share of our management resources to research and development, investing 8–9% of annual net sales in R&D and assigning approximately 40% of our professional staff to research. We also set research themes based on the latest technical information and continue, revise or discontinue them based on regular evaluations. However, rapid changes in the market environment and technological trends targeted by the Company could affect the success or failure of development and, consequently, our financial results and financial position.」
The uncertainty surrounding market and technological trends associated with new product development continues to be disclosed, while the R&D expense ratio, research personnel ratio and theme evaluation framework are described in greater detail. - FY2018RestatedAnnual report
「Developing new products requires advanced technology, substantial funding and human resources, and takes considerable time. During this period, rapid changes in the target market environment and technological trends may affect whether development succeeds.」
The uncertainty arising from changes in market and technological trends associated with new product development continues to be identified as a risk. - FY2017First statedAnnual report
「Developing new products requires advanced technology, substantial funding and human resources, and takes considerable time. During this period, rapid changes in the target market environment and technological trends may affect whether development succeeds.」
The company identifies as risks the technology, funding, personnel and time required for new product development, as well as the potential impact of changes in market and technological trends on development outcomes.