Failure to Recover Research and Development and Capital Investments
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「To prevent or diversify these risks, we are diversifying risk by focusing on marketing during the R&D phase, strengthening research and development project management, and actively pursuing partnerships with other companies.」
In response to the risk of failing to recover R&D and capital investment, the company continues to pursue marketing during the R&D phase, project management and corporate partnerships. - FY2020RestatedAnnual report
「We are diversifying risk by focusing on marketing during the R&D phase, strengthening research and development project management, and actively pursuing partnerships with other companies.」
In response to the risk of failing to recover R&D and capital investment, the company continues to pursue marketing during the R&D phase, project management and corporate partnerships. - FY2018MitigatedAnnual report
「To prevent or diversify these risks, we are reducing risk by focusing on marketing during the R&D phase, strengthening research and development project management, and actively pursuing partnerships with other companies.」
The disclosure identifies marketing during the R&D phase, project management and partnerships with other companies as measures to address the risk that upfront R&D and capital expenditures may not lead to successful product development. - FY2017First statedAnnual report
「However, if product development and similar activities fail to gain traction despite substantial research and development and capital investment, this could affect our group's financial position and operating performance.」
The disclosure describes a business model involving upfront research and development expenses and capital investment, and the potential impact if product development fails to gain traction.