Temporary Performance Deterioration Due to Upfront Growth Investments
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2017: 6 of 20 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The group recognizes that it is currently in a growth phase and will need to continue making proactive growth investments. Depending on the timing and results of those investments, operating results may temporarily deteriorate.」
The risk of temporary deterioration in operating results depending on the timing and results of growth investments continues to be disclosed. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
No material changes have been made to the risk of temporary deterioration in operating results due to front-loaded growth investments. - FY2024RestatedAnnual report
「The company recognizes that it is currently in a growth phase and will need to continue making proactive growth investments. Depending on the timing and results of those investments, operating results may temporarily deteriorate.」
The risk of temporary deterioration in operating results depending on the timing and results of growth investments continues to be disclosed. - FY2023First statedAnnual report
「The company recognizes that it is currently in a growth phase and will need to continue making proactive growth investments. Depending on the timing and results of those investments, operating results may temporarily deteriorate.」
The company states that, given the short period since its establishment, operating results may temporarily deteriorate depending on the timing and results of proactive growth investments.