Risk of Strategic Investments Failing to Deliver Planned Results
First written in FY2017. 8 of 11 entries say "Restated". Latest entry: FY2025-Q1.
The whole theme swung hardest in 2019: 10 of 27 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2025-Q1MitigatedAnnual report
「Orders from domestic and overseas cosmetics manufacturers are recovering and increasing, and utilization of the production facilities created through capital investments such as the third-phase expansion of the Tsukuba Plant has recently improved, partly due to the acquisition of large orders.」
Utilization of production capacity created through strategic investments has improved on recovering orders and large orders, reducing the risk of underutilization to some extent. - FY2024-Q1RestatedAnnual report
「Although orders from domestic and overseas cosmetics manufacturers are recovering, they remain below pre-pandemic levels, and the situation continues in which the production capacity created through capital investments such as the third-phase expansion of the Tsukuba Plant cannot be fully utilized.」
Although orders are showing signs of recovery, the situation continues in which production capacity created through strategic investments cannot be fully utilized. - FY2023-Q3RestatedAnnual report
「As the impact of the COVID-19 pandemic continued, with the eighth wave occurring at the time, the Company remained unable to fully utilize the production capacity created through capital investments such as the third-phase expansion of the Tsukuba Plant,」
The Company has reaffirmed that production capacity created through strategic investments cannot be fully utilized even though demand is showing signs of recovery. - FY2023-Q2RestatedAnnual report
「Due to the prolonged impact of COVID-19, currently in its seventh wave, the company has continued to be unable to fully utilize the production capacity created through capital investment including Phase 3 of the Tsukuba Plant expansion」
The Company has reaffirmed that production capacity created through strategic investments cannot be fully utilized even though demand is showing signs of recovery. - FY2023-Q1RestatedAnnual report
「The company has continued to be unable to fully utilize the production capacity created through capital investment including Phase 3 of the Tsukuba Plant expansion, and is being forced to operate in a challenging environment.」
The situation continues in which production capacity created through strategic investments cannot be fully utilized even as demand and orders are recovering. - FY2022RestatedAnnual report
「In making decisions on strategic investment activities, the Group gathers and examines the necessary information. However, if the initially intended results cannot be achieved due to unforeseeable changes in the environment or other factors, this may adversely affect the Group's financial position and operating results.」
The Company has reaffirmed the risk that the anticipated benefits of strategic investments in the Tsukuba Plant and overseas subsidiaries may not be achieved. - FY2022-Q2RestatedAnnual report
「The company continues to face a situation in which it cannot fully utilize the production capacity created through the “Phase 3 Expansion Project at the Tsukuba Plant” and capital investment at overseas subsidiaries, both undertaken as initiatives to increase production capacity.」
The production capacity created through strategic investments has continued to be underutilised due to the spread of the infectious disease and a decline in demand. - FY2022-Q1RestatedAnnual report
「The company continues to face a situation in which it cannot fully utilize the production capacity created through the “Phase 3 Expansion Project at the Tsukuba Plant” and capital investment at overseas subsidiaries, both undertaken as initiatives to increase production capacity.」
The production capacity created through strategic investments has continued to be underutilised due to the spread of the infectious disease and a decline in demand. - FY2021MaterialisedAnnual report
「The company continues to face a situation in which it cannot fully utilize the production capacity created through the “Phase 3 Expansion Project at the Tsukuba Plant” and capital investment at overseas subsidiaries, both undertaken as initiatives to increase production capacity.」
Regarding strategic investments, the company actually became unable to fully utilise the production capacity created by them due to the spread of the infectious disease and a decline in demand. - FY2018RestatedAnnual report
「The Group is making strategic investments in Japan to expand production capacity through the Tsukuba Plant expansion and overseas to expand its business, centred on Tepnier in France and Nihon Color France. In making decisions on strategic investment activities, the Group gathers and examines the necessary information. However, if the initially intended results cannot be achieved due to unforeseeable changes in the environment or other factors, this may adversely affect the Group's financial position and operating results.」
The company has reaffirmed the risk of failing to achieve the expected results while continuing strategic investments in the Tsukuba Plant expansion and its French business. - FY2017First statedAnnual report
「If the intended results cannot be achieved because of unforeseen changes in the business environment or other factors, the Group’s financial position and operating results may be adversely affected.」
The Company newly identified the risk that strategic investments, including the Tsukuba Plant expansion and overseas expansion in France, may fail to deliver the expected results because of changes in the business environment.