Delays in technology development and capital investment, and failure to recover investments
First written in FY2022. 2 of 5 entries say "Restated". Latest entry: FY2026.
True Data 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: 19 of 24 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「These development projects and investments may require a considerable amount of time and substantial funds. If unforeseen circumstances delay the plans or the company fails to achieve the expected results, making it difficult to recover its invested capital, this may affect the company's performance.」
For technology development and capital investment risks, the company explicitly identifies cases that may require substantial funds in addition to the considerable time previously noted, failure to achieve expected results and difficulty recovering invested capital. - FY2025RestatedAnnual report
「The company undertakes various technology development projects and capital investments to meet customer needs. Development is expected to require a considerable amount of time, and if unforeseen circumstances prevent progress as planned or the company is unable to recover its invested capital, this may affect the company's performance.」
The company continues to disclose the possibility of delays in technology development and capital investment and failure to recover investments. - FY2024RestatedAnnual report
「The company undertakes various technology development projects and capital investments to meet customer needs. Development is expected to require a considerable amount of time, and if unforeseen circumstances prevent progress as planned or the company is unable to recover its invested capital, this may affect the company's performance.」
The company continues to disclose the possibility of delays in technology development and capital investment and failure to recover investments. - FY2023ReframedAnnual report
「To expand its business, the company plans to consider various business investments, including IT investments and investments in new businesses. Before making these investments, it will thoroughly analyze synergies with existing businesses, risks and earnings prospects, among other factors. However, if business development does not proceed as planned for any reason, this may affect the company's performance and financial position.」
In addition to the previous risk of delays in technology development and capital investment, the company has expanded the scope of the risk to business investments generally, including IT investments and investments in new businesses. - FY2022First statedAnnual report
「Development is expected to require a considerable amount of time. If unforeseen circumstances prevent progress as planned, or if the company is unable to recover its invested capital, this may affect the company's performance.」
The company identifies the possibility of delays in technology development and capital investment and failure to recover invested capital.