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Nihon Nohyaku (4997) · FactRestated

The Long-Term, High-Cost Nature of New Agrochemical Development

First written in FY2017-Q1. 12 of 13 entries say "Restated". Latest entry: FY2025.

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ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY20252016: 220162017: 420172018: 420182019: 220192020: 020202021: 020212022: 020222023: 020232024: 020242025: 12025
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  1. FY2025RestatedAnnual report

    「As a research and development-oriented company, our group pursues technological innovation and develops new products with high safety standards and consideration for the environment.」

    The company's commitment to continuing new-product development as a research and development-oriented company focused on drug discovery, which requires long development times and high costs, has been reconfirmed.
  2. FY2019-Q4RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed as business characteristics.
  3. FY2019-Q3RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed as business characteristics.
  4. FY2018RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  5. FY2019-Q1RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  6. FY2018-Q4RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  7. FY2018-Q3RestatedAnnual report

    「It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  8. FY2017RestatedAnnual report

    「It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  9. FY2018-Q1RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  10. FY2017-Q4RestatedAnnual report

    「In addition, research and development of agrochemicals, our core business, requires considerable time and expense. It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of commercializing a new agrochemical, the 10-year development period and the investment of ¥10 billion or more have been reconfirmed.
  11. FY2017-Q3RestatedAnnual report

    「It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability, long development period and large investment required for new agrochemical development have been reconfirmed as business characteristics.
  12. FY2016RestatedAnnual report

    「It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability, long development period and large investment required for new agrochemical development have been reiterated as business characteristics.
  13. FY2017-Q1First statedAnnual report

    「It is generally said that the probability of a compound being commercialized is 1 in several hundred thousand, and that developing a new agrochemical takes 10 years and requires an investment of ¥10 billion or more.」

    The low probability of successful drug discovery, lengthy development period and large investment required are described as characteristics of the business.
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The Long-Term, High-Cost Nature of New Agrochemical Development | NIHON NOHYAKU CO.,LTD. (4997) | Komori