Progress on Site Functionality Enhancements and System Investment, and Cost Overruns
First written in FY2017. 4 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if these initiatives do not progress as expected, or if expenses such as system investment and related personnel costs increase beyond expectations, they may affect the Group's business and performance.」
The disclosure continues to identify the risk of delays in expanding site functionality and progressing system investment, as well as the risk of cost overruns. - FY2025-H1AdvancedAnnual report
「The main factors were a ¥256.249 million increase in software and a ¥129.282 million decrease in software under development.」
In connection with the large-scale system development, the software balance increased by ¥256.249 million, while software under development decreased by ¥129.282 million. This indicates that development assets are being recognized and transferred to operational use. - FY2025-Q1Recognition of IT project costsAnnual report
「In addition to recognizing system development costs and related depreciation arising from the IT project undertaken since the previous fiscal year to introduce a new system,」
The disclosure states that the new system is being introduced as part of the large-scale system development, and that system development costs and depreciation are being recognized. - FY2024Phased rollout of large-scale system developmentAnnual report
「During the current period, we are undertaking large-scale system development to achieve further growth, and the system is being rolled out in phases from the current consolidated fiscal year.」
Following the temporary impact on revenue from system development described in the previous quarter, the disclosure states that large-scale development was undertaken and is being rolled out in phases from the current consolidated fiscal year. - FY2024-Q3MaterialisedAnnual report
「Meanwhile, during the current period, we are undertaking large-scale system development to achieve further growth. As a result, revenue for the third quarter accounting period temporarily fell below expectations because initiatives for the existing website were limited.」
The disclosure states that large-scale system development was undertaken while revenue for the third quarter accounting period temporarily fell below expectations because initiatives for the existing website were limited. It directly indicates an impact on performance related to the system and website initiatives. - FY2020RestatedAnnual report
「However, if these initiatives do not progress as expected, or if expenses such as system investment and related personnel costs increase beyond expectations, they may affect the Group's business and performance.」
It reiterates the risk of delays in expanding site functionality and making system investments, as well as cost overruns. - FY2019RestatedAnnual report
「If these initiatives do not progress as anticipated or expenses for system investments and related personnel costs and other expenses increase more than anticipated, this could affect the Group's business and results of operations.」
It reiterates the risk of delays in expanding site functionality and making system investments, as well as cost overruns. - FY2018RestatedAnnual report
「If these initiatives do not progress as anticipated or expenses for system investments and related personnel costs and other expenses increase more than anticipated, this could affect our business and results of operations.」
It reiterates the risk of delays in expanding site functionality and making system investments, as well as cost overruns. - FY2017First statedAnnual report
「However, if these initiatives do not progress as anticipated or expenses for system investments and related personnel costs and other expenses increase more than anticipated, this could affect our business and results of operations.」
It identifies delays in expanding site functionality and making system investments, as well as increases in personnel and other costs, as risks.