Risk of VIS building business monetization shortfall and delayed stable operations
First written in FY2021. 3 of 8 entries say "Worsened", first in FY2026-H1. Latest entry: 2026-08-10.
No other company in this theme has enough history to compare yet.
- 2026-08-10WorsenedEarnings
「Revenue was ¥144 million, up 2.3% year on year, while the segment loss, or operating loss, was ¥36 million, compared with segment profit, or operating profit, of ¥0 million in the previous year.」
The Data Solutions and Place Solutions Business recorded higher revenue but shifted from profit in the previous year to an operating loss. - FY2026WorsenedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥601 million, down 7.0% year on year, and segment profit, or operating profit, was ¥64 million, down 49.0%.」
Although the data solutions and Place solutions businesses, including the new businesses and subsidiaries, secured a profit, revenue and segment profit fell below the previous year's levels, and conditions for achieving stable earnings deteriorated from the previous year. - 2026-05-13MaterialisedEarnings presentation
「The Place -233」
A chart showing factors behind changes in operating profit indicated The Place at negative ¥233 million, showing that the risk of stable monetization of the new business had emerged as a negative factor in the results. - FY2026-H1WorsenedAnnual report
「As a result, revenue for the six-month consolidated accounting period was ¥206 million, down 26.4% year on year, and the segment loss, or operating loss, was ¥14 million, compared with segment profit, or operating profit, of ¥38 million in the same period of the previous year.」
The data solutions and Place solutions businesses saw revenue decline 26.4% year on year and shifted from a profit in the same period of the previous year to an operating loss. Conditions for achieving stable earnings from the new businesses have deteriorated. - FY2025RestatedAnnual report
「However, if the business does not progress as planned and fails to generate the earnings initially expected, the performance of our group could be affected. Even if the business progresses as planned, the performance of our group could be affected if it takes a considerable amount of time for the business to become fully operational and generate stable earnings.」
The risks of new businesses, including The Place and ワークデザインテクノロジーズ, falling short of plan and delays in achieving stable earnings continue to be disclosed. - FY2023RestatedAnnual report
「Going forward, we have established an internal framework to monitor the progress of our business plans continuously and revise them as necessary. However, if the business does not progress as planned and fails to generate the earnings initially expected, the performance of our group could be affected.」
The risks of new businesses, including The Place and ワークデザインテクノロジーズ, falling short of plan and taking longer to achieve stable earnings, together with the framework for monitoring progress and revising plans, continue to be disclosed. - FY2022ReframedAnnual report
「To expand our business and stabilize management, we opened The Place in January 2021 and established ワークデザインテクノロジーズ as a consolidated subsidiary in April 2022. Going forward, we have established an internal framework to monitor the progress of our business plans continuously and revise them as necessary.」
The scope of disclosure has expanded from the previous risk of delayed monetization of the VIS building business to the risks of falling short of plans and delayed achievement of stable earnings across new businesses and subsidiaries, including The Place and the establishment of ワークデザインテクノロジーズ. - FY2021First statedAnnual report
「However, if the VIS building business does not progress as planned and fails to generate the earnings initially expected, our performance could be affected. Even if the business progresses as planned, our performance could be affected if it takes a considerable amount of time for the business to become fully operational and generate stable earnings.」
Even after opening in January 2021, the risks of falling short of the plan, delayed monetization and the time required to achieve stable earnings remain explicitly disclosed.