Delay in the rollout of new asset classes and the co-investment business
First written in FY2023. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The Group launched its global tech-growth investment business as a new business in March 2025 and plans to invest in and provide management support to growth companies in Japan, Asia, the United States and elsewhere.」
Real estate and global tech-growth investment businesses were launched, and 2 investments were executed in the global tech-growth area, reducing the risk of delay in developing new asset classes and co-investment businesses. - FY2023First statedAnnual report
「The Group seeks to reduce risks associated with new businesses by appropriately revising plans as necessary. However, delays in recruitment, development or other activities, as well as legal regulations beyond the Group's control or changes in market conditions, may prevent new businesses from progressing as planned.」
Likelihood is medium and impact is low. The disclosure also covers possible KPI declines as the Group expands into infrastructure, real estate, start-ups and credit.