Uncertainty in New Business Development and Business Alliances
First written in FY2017. 6 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
100 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address these risks, the Board of Directors and Management Meeting jointly consider, comprehensively and carefully, risks including business forecasts and the recoverability of investments, and decide whether to undertake new businesses and other initiatives, including M&A. We are working to reduce these risks.」
In response to the uncertainties of new businesses and business alliances, the response of reviewing investment recoverability and other factors at the Board of Directors and Management Meeting was reconfirmed. - FY2024RestatedAnnual report
「At the Board of Directors and Management Meeting, management and execution work together to comprehensively and carefully consider risks including business forecasts and the recoverability of investments, decide whether to undertake new businesses and other initiatives, including M&A, and work to reduce these risks.」
In response to the uncertainties of new businesses and business alliances, the response of reviewing business forecasts and investment recoverability at the Board of Directors and Management Meeting was reiterated. - FY2023RestatedAnnual report
「At the Board of Directors and Management Meeting, management and execution work together to comprehensively and carefully consider risks including business forecasts and the recoverability of investments, decide whether to undertake new businesses and other initiatives, including M&A, and work to reduce these risks.」
In response to the uncertainties of new businesses and business alliances, the response of reviewing investment recoverability and other factors at the Board of Directors and Management Meeting was reiterated. - FY2021RestatedAnnual report
「To address these risks, the Board of Directors and Management Meeting jointly consider, comprehensively and carefully, risks including business forecasts and the recoverability of investments, and decide whether to undertake new businesses and other initiatives, including M&A. We are working to reduce these risks.」
In response to the uncertainties of new-business development and business alliances, the response of reviewing business forecasts and investment recoverability at the Board of Directors and Management Meeting was reiterated. - FY2020RestatedAnnual report
「To address these risks, the Board of Directors and Management Meeting jointly consider, comprehensively and carefully, risks including business forecasts and the recoverability of investments, and decide whether to undertake new businesses and other initiatives, including M&A. We are working to reduce these risks.」
In response to the uncertainties of new-business development and business alliances, the response of reviewing business forecasts and investment recoverability at the Board of Directors and Management Meeting was reiterated. - FY2018RestatedAnnual report
「If the development in question requires more work than anticipated for some reason, or fails to lead to the acquisition of users or client companies, it may affect our performance.」
The risks relating to new-business development requiring more work than anticipated, failure to acquire users or client companies, and failure to realize synergies from business alliances are reiterated. - FY2017First statedAnnual report
「If the development in question requires more work than anticipated for some reason, or fails to lead to the acquisition of users or client companies, it may affect our performance. In developing new businesses, we will consider and implement business alliances with other companies as necessary. However, if the anticipated synergies cannot be achieved through such business alliances or other arrangements, this may affect our business and performance.」
Risks were identified relating to development of new businesses requiring more work than anticipated, failure to acquire users or client companies, and failure to realize the anticipated synergies from business alliances.