Investment recovery risks in new businesses
First written in FY2023. 2 of 4 entries say "Materialised", first in 2026-03-04. Latest entry: FY2025.
Ame Kaze Taiyo moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「We recorded an extraordinary loss of ¥29,362 thousand during the fiscal year. This resulted from recording an impairment loss on goodwill of ¥29,362 thousand.」
The company recorded a ¥29,362 thousand impairment loss on goodwill related to investment in a new business, making the potential for underperformance and impairment an actual reported loss. - 2026-03-04MaterialisedGeneral Meetings of Shareholders
「Because performance remained below the initial business plan, the company reviewed the recoverability of goodwill recognized on the acquisition under the accounting standard for impairment of fixed assets, reduced its carrying amount to its recoverable amount and recognized an impairment loss.」
Investment in the new business fell short of plan, and the investment recovery risk materialized as an impairment loss on goodwill. - FY2024RestatedAnnual report
「We plan to pursue new services and businesses with the aim of further business expansion and discontinuous growth.」
The company reiterated the risks of additional investment in new services and businesses, and of withdrawal or impairment if the expected results are not achieved. - FY2023First statedAnnual report
「Depending on the speed and scale of market expansion for a new service or business, we may fail to achieve the results initially anticipated, be forced to suspend or withdraw from the business, and incur losses from the disposal or impairment of assets used in that business.」
Investment in personnel, systems, fixed assets and advertising for new businesses may not be recouped, resulting in withdrawal or impairment.