Uncertainty in New Business Development and Business Alliances
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2023: 4 of 18 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If the development in question requires more work than anticipated for any reason or does not lead to user acquisition, this could affect the Group's business and results of operations.」
It reiterates the uncertainty surrounding the development workload, user acquisition and synergies from alliances for new businesses. - FY2019RestatedAnnual report
「If the development in question requires more work than anticipated for any reason or does not lead to user acquisition, this could affect the Group's business and results of operations.」
It reiterates the uncertainty surrounding the development workload, user acquisition and synergies from alliances for new businesses. It also discloses that liquidation procedures are underway for 2 subsidiaries. - FY2019-Q3MaterialisedAnnual report
「As the results of both companies were below the initial expectations, we reviewed their future profitability and decided to dissolve and liquidate both companies.」
It discloses that, for the 2 companies established as new businesses, results were below initial expectations and a resolution was passed to dissolve and liquidate them due to their future profitability prospects. This demonstrates the uncertainty surrounding the performance and profitability of new businesses as an actual event. - FY2018RestatedAnnual report
「If the development in question requires more work than anticipated for any reason or does not lead to user acquisition, this could affect our business and results of operations.」
It reiterates the uncertainty surrounding the development workload, user acquisition and synergies from alliances for new businesses. - FY2017First statedAnnual report
「If the development in question requires more work than anticipated for any reason or does not lead to user acquisition, this could affect our business and results of operations. In developing new businesses, we will consider and implement business alliances with other companies as necessary. However, if the anticipated synergies are not achieved through such alliances, this could affect our business and results of operations.」
It identifies the risk that the development workload, user acquisition and synergies from business alliances for new businesses may not proceed as anticipated.