Risk that the development and launch of new products may not progress as expected
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 3 of 22 companies on the "Worse" side.
46 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Group recognises research and development and the commercialisation of new products as one of its most important priorities and is working accordingly. However, if research and development of new products, which are intended to become a core source of future earnings, does not progress as expected because of uncertainties such as diversifying and changing customer needs, the Group's competitiveness may decline, which may affect its financial position, operating results and cash flows.」
While treating research and development and the commercialisation of new products as its most important priorities, the Group continues to identify the risk that progress may not be achieved because of changes in customer needs and other factors. - FY2019RestatedAnnual report
「If the development of new products, which are intended to become a core source of future earnings, does not progress as expected because of uncertainties such as diversifying and changing customer needs, this may affect the financial position, operating results and cash flows of the Group.」
The risk that progress in new product development will not meet expectations continues to be disclosed. - FY2018RestatedAnnual report
「If the development of new products, which are intended to become a core source of future earnings, does not progress as expected because of uncertainties such as diversifying and changing customer needs, this may affect the financial position, operating results and cash flows of the Group.」
The risk that progress in new product development will not meet expectations continues to be disclosed in the annual report. - FY2017RestatedAnnual report
「If the development of new products, which are intended to become a core source of future earnings, does not progress as expected because of uncertainties such as diversifying and changing customer needs, this may affect the financial position, operating results and cash flows of the Group.」
The explanation identifying delays in new product development as a major risk relating to future sources of earnings continues. - FY2016First statedAnnual report
「If the development of new products, which are intended to become a core source of future earnings, does not progress as expected because of uncertainties such as diversifying and changing customer needs, this may affect the financial position, operating results and cash flows of the Group.」
The Company has disclosed stagnation in development caused by changing customer needs as a risk accompanying its policy of making new products a core growth driver.