Risk of establishing an earnings base for new businesses and recovering investment
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: 2026-09-11.
Wesco Holdings moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2019: 7 of 29 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- 2026-09-11MaterialisedFinancial results presentation
「¥40 million related to impairment losses and other costs from the withdrawal from Smart Aquarium Shizuoka」
The withdrawal from Smart Aquarium Shizuoka and related impairment losses and other costs became evident in the results of investment in the new aquarium business. - FY2023RestatedAnnual report
「The Group plans to continue pursuing new businesses to expand its business domains, but continuous capital investment and other spending will be necessary for a new business to build and maintain a stable revenue base.」
The risk of continued investment in new businesses and the impact on performance and financial condition if investment cannot be recovered as planned remains. - FY2022RestatedAnnual report
「The Group plans to continue pursuing new businesses to expand its business domains, but continuous capital investment and other spending will be necessary for a new business to build and maintain a stable revenue base.」
The risk of continued investment in new businesses and the impact on performance and financial condition if investment cannot be recovered as planned remains. - FY2021First statedAnnual report
「Continuous capital investment and other spending will be necessary for a new business to build and maintain a stable revenue base. If, due to changes in the business environment, deteriorating profitability or other factors, the company is unable to recover a sufficient amount of its investment, contrary to the original business plan, this could affect the performance and financial condition of the Group.」
The company has identified as a new risk the continued investment required in new businesses as it expands its business domains, and the potential impact on performance and financial condition if the investment cannot be recovered as planned.