Feasibility and Monetization Risks Associated with New Business Investment
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2026.
Fusic moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2019: 6 of 26 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The business operated by the affiliated company is in an industry different from the areas in which the company has operated to date. In addition to being subject to regulations under relevant laws, including the Liquor Tax Act, it is affected by fluctuations in raw material prices, demand trends, weather and other factors.」
In addition to general risks associated with investment in new businesses, the company has newly detailed risks specific to the brewing industry arising from its investment in 株式会社天郷醸造所, including legal and regulatory, raw material, demand and weather risks. It also states that the company may become a subsidiary if an option granting voting rights is exercised. - FY2024RestatedAnnual report
「When developing new businesses, we will carefully examine the potential for monetization based on estimates of market size and our market share, as well as technical feasibility, before selecting business fields and formulating plans. However, unforeseen events may occur at the time of investment or when business development begins, and the effects or profits initially anticipated may not be realized.」
The company continues to disclose its policy of verifying the monetization potential and technical feasibility of new businesses and the risk that the expected benefits of investment may not be achieved due to unforeseen events. - FY2023First statedAnnual report
「When developing new businesses, we will carefully examine the potential for monetization based on estimates of market size and our market share, as well as technical feasibility, before selecting business fields and formulating plans. However, unforeseen events may occur at the time of investment or when business development begins, and the effects or profits initially anticipated may not be realized.」
While stating its policy of verifying the monetization potential and technical feasibility of new businesses, the company identifies the risk that the expected benefits of investment may not be achieved due to unforeseen events.