Delays in Developing New Products and Technologies and Technological Obsolescence
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
- FY2022-Q1RestatedAnnual report
「The Company Group invests in product development and businesses in areas where it can leverage the customer base and technological fields it has developed to date and where it has a competitive advantage.」
Against the backdrop of competition in technological development and shorter product life cycles, the Company has presented a policy of investing in areas with a competitive advantage where it can leverage its customer base and technological expertise. - FY2020RaisedAnnual report
「The software industry in which the Company Group operates faces intense competition in technological development, and market needs continue to change, shortening the life cycles of technologies and products.」
In addition to the previous references to changing market needs and innovative technologies developed by other companies, the shortened life cycles of technologies and products are now explicitly identified, making the urgency of product development risks more concrete. - FY2018RestatedAnnual report
「If the Company Group is unable to develop new products or technologies that accurately capture market needs in a timely manner, or if other companies develop innovative technologies or products that significantly reduce the value of the Company's software, this may reduce the market competitiveness of the Company's software, prevent the Company from recovering its investments in research and development activities and software assets, and adversely affect its business performance.」
The risks linking changes in market needs, technologies developed by other companies, and the failure to recover investments in research and development and software assets continue. - FY2017First statedAnnual report
「If the Company Group is unable to develop new products or technologies that accurately capture market needs in a timely manner, or if other companies develop innovative technologies or products that significantly reduce the value of the Company's software, this may reduce the market competitiveness of the Company's software, prevent the Company from recovering its investments in research and development activities and software assets, and adversely affect its business performance.」
The disclosure identifies risks linking changes in market needs, innovative technologies developed by other companies, and the failure to recover investments in research and development and software assets.