Upfront Investment in New Businesses and Risk of Falling Short of Plan
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2024.
System Support Holdings moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
68 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, the rollout of new businesses may involve substantial upfront investment. If a new business developed by the Group does not progress as planned, this could affect the Group’s performance.」
The potential impact on performance from the burden of upfront investment in new businesses and failure to meet plans continues to be disclosed. - FY2023MaterialisedAnnual report
「As the revenue initially anticipated from software used to provide the Company’s proprietary services is no longer expected to be generated, the carrying amount was reduced to its recoverable amount, and the reduction was recognized as an impairment loss.」
As the revenue initially anticipated from software used to provide the Company’s proprietary services was no longer expected to be generated, an impairment loss of ¥34.803 million was recognized. The risk of failure to meet new-business plans and the burden of upfront investment have materialized as an actual impairment loss. - FY2021MaterialisedAnnual report
「As the revenue initially anticipated from software used to provide the Company’s proprietary services is no longer expected to be generated, the carrying amount was reduced to its recoverable amount, and the reduction was recognized as an impairment loss.」
As the revenue initially anticipated from software used to provide the Company’s proprietary services was no longer expected to be generated, an impairment loss of ¥24.447 million was recognized. The risk of failure to meet new-business plans and the burden of upfront investment have materialized as an actual impairment loss. - FY2019RestatedAnnual report
「The rollout of new businesses may involve substantial upfront investment. If a new business developed by the Group does not progress as planned, this could affect the Group’s performance.」
The burden of upfront investment and the risk of failure to meet plans associated with new businesses, including proprietary products, continue to be identified. - FY2018First statedAnnual report
「The rollout of new businesses may involve substantial upfront investment. If a new business developed by the Group does not progress as planned, this could affect the Group’s performance.」
For new businesses, including proprietary products, the disclosure identifies the burden of upfront investment and the potential impact on performance if progress falls short of plan.