Risk of failing to recoup investments in expanding business areas
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To expand our business in the future, our group will consider and carry out investments and financing, including investments in and loans to businesses in Japan and overseas, establishment of subsidiaries, joint ventures, alliances and M&A, as well as organic investments such as developing new businesses and strengthening services internally.」
Additional investments associated with new businesses and product expansion, and the risks of being unable to recover investments and of impairment, continue to be identified. - FY2024RestatedAnnual report
「Our group will continue to develop product functions, including by expanding various matching channels for services, projects, users and content. Achieving these objectives will require additional expenditures, including personnel recruitment and service and system development costs. In addition, if expansion into new business domains does not proceed as planned, we may be unable to recover these additional expenditures, which may affect our group’s operating results.」
Additional expenditures associated with new businesses and product expansion and the risk of recovering investments continue to be identified. - FY2021First statedAnnual report
「We will continue to develop product functions, including by expanding various matching channels for services, projects, users and content. Achieving these objectives will require additional expenditures, including personnel recruitment and service and system development costs. In addition, if expansion into new business domains does not proceed as planned, we may be unable to recover these additional expenditures, which may affect our operating results.」
The additional expenditures associated with expanding matching channels and product functions, and the risk of being unable to recover them if expansion into new business domains does not proceed as planned, are described.