Risk of Delayed Monetization and Failure to Recover Investment in New Businesses
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 4 of 19 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「It is expected to take a certain amount of time before new businesses generate stable revenue, which may reduce our overall profit margin. In addition, if changes in the future business environment and other factors cause new businesses to perform differently from our expectations and we are unable to recover sufficient amounts from our investment in them, this may affect the performance of our group.」
The disclosure continues to identify the risks of delayed monetization of new businesses, lower profit margins, and insufficient recovery of investment. - FY2022RestatedAnnual report
「New businesses are expected to take some time to generate stable revenue, which could lower the overall profit margin.」
The disclosure continues to identify the risks of delayed monetization of new businesses, lower profit margins, and insufficient recovery of investment. - FY2021RestatedAnnual report
「It is expected to take a certain amount of time before new businesses generate stable revenue, which may reduce our overall profit margin. In addition, if changes in the future business environment and other factors cause new businesses to perform differently from our expectations and we are unable to recover sufficient amounts from our investment in them, this may affect the performance of our group.」
The disclosure continues to identify the risks of delayed monetization of new businesses, lower profit margins, and insufficient recovery of investment. - FY2020RestatedAnnual report
「New businesses are expected to take some time to generate stable revenue, which could lower the overall profit margin.」
The disclosure continues to identify the risks of delayed monetization of new businesses and insufficient recovery of investment. - FY2019RestatedAnnual report
「New businesses are expected to take some time to generate stable revenue, which could lower the overall profit margin.」
The disclosure reiterates the risks of delayed monetization of new businesses and insufficient recovery of investment. - FY2017RestatedAnnual report
「In addition, if changes in the future business environment and other factors cause new businesses to perform differently from our expectations and we are unable to recover sufficient amounts from our investment in them, this may affect our performance.」
The disclosure reiterates the risks of delayed monetization of new businesses and insufficient recovery of investment. - FY2016First statedAnnual report
「It is expected to take a certain amount of time before new businesses generate stable revenue, which may reduce our overall profit margin. In addition, if changes in the future business environment and other factors cause new businesses to perform differently from our expectations and we are unable to recover sufficient amounts from our investment in them, this may affect our performance.」
The company identifies the period required for new businesses to generate stable revenue, lower profit margins, and insufficient recovery of investment as risks.