Risk of Failure to Recover Upfront Investments in Software Products
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2018: 4 of 17 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「When commencing research and development, the company makes decisions after comprehensively considering the necessary expenses, sales plans, and other matters in a business plan. However, because the recoverability of such upfront investment in intangible assets, namely software for sale, cannot necessarily be guaranteed, the company's performance could be affected in the future, including through the recognition of losses.」
The company continues to bear the risk that the recoverability of its R&D and upfront investments in software for sale is not assured. - FY2018RestatedAnnual report
「When commencing research and development, the company makes decisions after comprehensively considering the necessary expenses, sales plans, and other matters in a business plan. However, because the recoverability of such upfront investment in intangible assets, namely software for sale, cannot necessarily be guaranteed, the company's performance could be affected in the future, including through the recognition of losses.」
The company continues to disclose the risk that the recoverability of research and development expenses and upfront investment in software for sale is not guaranteed. - FY2016First statedAnnual report
「Because the recoverability of such upfront investment in intangible assets, namely software for sale, cannot necessarily be guaranteed, the group's performance could be affected in the future, including through the recognition of losses.」
The company is considering sales plans and other matters associated with research and development of new products, but explains that the recoverability of upfront investment is not guaranteed.