Short Operating History and Rapid Growth
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company was established in June 2016 and has a short operating history of approximately 8 years. It is also in a phase of rapid growth, and its operating results depend on seasonality associated with the announcement of new IP and the holding of large-scale events. Consequently, prior-year operating results may not provide sufficient information for period-on-period comparisons, and historical performance alone may be insufficient to assess future operating results.」
The company is a growth-stage business approximately 8 years after establishment and continues to identify seasonality from new IP and large-scale events, as well as the limitations of historical comparisons, as structural characteristics. - FY2023First statedAnnual report
「The company was established in June 2016 and has a short operating history of approximately 7 years. It is also in a phase of rapid growth, and its operating results depend on seasonality associated with the announcement of new IP and the holding of large-scale events.」
The company is a growth-stage business approximately 7 years after establishment and identifies fluctuations in operating results caused by new IP and large-scale events as a structural characteristic.