Uncertainty Surrounding the New Metaverse Business
First written in FY2023. 5 of 7 entries say "Materialised", first in 2026-05-14. Latest entry: FY2026.
Cover moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
23 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「We have also recognized an impairment loss on assets related to Holoearth following a change in the development policy. The latter was a strategic decision to consolidate the technological成果 obtained through the project into existing businesses and reallocate management resources to core areas such as supporting talent activities and advancing expressive technologies. These structural reforms resulted in temporary expenses during the fiscal year.」
The change in Holoearth's development policy, recognition of impairment losses on related assets and announcement of the service's termination have manifested the previously recognized uncertainty surrounding the progress and synergies of the new business as actual asset losses and a change in plans. - FY2024RestatedAnnual report
「However, the development of this new business involves many uncertainties, and it may not progress as anticipated, the expected synergies may not be achieved, or new legal or business risks may arise, any of which could affect our business, operating results and financial position.」
The company continues to recognize delays in progress, failure to achieve synergies and new legal or business risks relating to new businesses such as Holoearth. - FY2023First statedAnnual report
「However, the development of this new business involves many uncertainties, and it may not progress as anticipated, the expected synergies may not be achieved, or new legal or business risks may arise, any of which could affect our business, operating results and financial position.」
For Holoearth, the company recognizes the risks of delays in progress, failure to achieve synergies and new legal or business risks, and plans to consider and mitigate them from the planning and development stages.