Delays in Launching New Businesses and Services and Failure to Achieve Monetization
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 6 of 14 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「When launching new businesses or services, the Group may require more time and incur higher costs than expected to launch the business due to insufficient personnel for research and development and systems development, insufficient technical capabilities or other factors. If business expansion and revenue generation do not progress as initially anticipated, this may affect the Group's operating results and financial condition.」
The risks of staff shortages, insufficient technical capabilities, excess time and costs, and failure to generate revenue in new businesses continue to be disclosed. - FY2023Expansion of risk factorsAnnual report
「However, when launching new businesses or services, the Group may require more time and incur higher costs than expected to launch the business due to insufficient personnel for research and development and systems development, insufficient technical capabilities or other factors. If business expansion and revenue generation do not progress as initially anticipated, this may affect the Group's operating results and financial condition.」
In addition to the previously identified risks of staff shortages and launch delays, insufficient technical capabilities and the cost burden are explicitly identified as risk factors for new businesses. - FY2021First statedAnnual report
「However, when launching new businesses and services, the Company's operating results and financial position may be affected if the launch takes longer than expected due to shortages of personnel for research and development or system development, or other factors, or if business expansion and revenue generation do not progress as initially expected.」
Risks relating to the time required to launch new businesses, expansion and revenue generation.