Shortfalls Against New Business Plans and Underdeveloped Industry Rules
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group's policy is to actively pursue M&A, business alliances, and the development of new businesses and markets with the aim of increasing corporate value and expanding its business areas. However, a deterioration in financial condition or a substantial divergence from business plans due to circumstances differing from forecasts could affect the Group's performance and financial condition.」
The Group continues to disclose the risks of financial deterioration and divergence from plans associated with M&A, business alliances, new businesses and other initiatives, together with responses involving progress monitoring, improvement and decisions to withdraw. - FY2023RestatedAnnual report
「The Group is working to mitigate these risks by focusing on timely and accurate understanding of market conditions and the business environment, monitoring and improving progress against business plans, and making timely and appropriate decisions to withdraw.」
The Group continues to address the risk of divergence from plans for M&A, new businesses and other initiatives by monitoring markets and plans and making decisions to withdraw. - FY2022ReframedAnnual report
「The Group's policy is to actively pursue M&A, business alliances, and the development of new businesses and markets with the aim of increasing corporate value and expanding its business areas. However, a deterioration in financial condition or a substantial divergence from business plans due to circumstances differing from forecasts could affect the Group's performance and financial condition.」
The previously omitted new-business risk was reframed as the risk of financial deterioration and divergence from plans associated with M&A, business alliances and the development of new markets. - FY2018DroppedAnnual reportIn the current report's “Business and Other Risks” section, the previously disclosed risks of failing to achieve plans for new businesses and inadequately addressing underdeveloped industry rules could not be found.
- FY2017First statedAnnual report
「If changes in the environment surrounding the business or other factors prevent the Group from achieving results in line with its original plans, the Group's performance could be affected. In addition, when entering areas where laws and industry rules have not necessarily been established, such as internet media, or new business areas in which the Group's expertise and track record are relatively limited, inadequate responses to industry rules could affect the Group's performance and social credibility.」
The Group identifies as risks failure to achieve plans when expanding into related and peripheral businesses and inadequate responses to undeveloped laws and rules.