Upfront investment-related costs associated with delivery of the first unit for next-generation displays
First written in FY2022-Q1. 2 of 6 entries say "Dropped", first in FY2022-Q2. Latest entry: FY2025.
Aimechatec moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「An impairment loss was recognized because undiscounted future cash flows fell below the carrying amount, due in part to the expected recognition of sales from projects currently under development being pushed back.」
With respect to front-loaded investment in research and development and related facilities, impairment losses actually arose in the IJP Solutions business and other areas because expected sales recognition from projects under development was pushed back. - FY2023ReframedAnnual report
「The group makes front-loaded investments in research and development and related facilities for technologies it considers useful for expanding its business in market fields expected to generate future growth. However, there is a risk that the results of these investments will not necessarily translate into earnings because of the emergence of innovative technologies exceeding expectations or sudden changes in the macroeconomic environment.」
The scope expanded from individual front-loaded investment costs associated with delivery of the first unit to front-loaded investment generally in research and development and related facilities, as well as the risk that these investments will not generate earnings. - FY2023-Q3DroppedAnnual report
「Against this backdrop, the segment recorded sales of ¥2,536 million, up 107.1% year on year, and segment profit of ¥35 million, down 27.4%, during the third-quarter cumulative period of the current consolidated fiscal year.」
This filing contains no explicit reference to the front-loaded investment in new technologies and products mentioned previously or to its conclusion. Only the segment profit figure is stated. - FY2022-Q3MitigatedAnnual report
「Earnings are improving as front-loaded investment in new technologies and products has reached a conclusion.」
Front-loaded investment in new technologies and products related to next-generation displays has reached a conclusion, and earnings were described as being on an improving trend. - FY2022-Q2DroppedAnnual report
「Against this backdrop, the segment recorded sales of ¥1,208 million and segment profit of ¥87 million during the second-quarter cumulative period of the current consolidated fiscal year.」
The filing contains no reference to the front-loaded investment-related costs associated with delivery of the first unit mentioned previously. - FY2022-Q1First statedAnnual report
「Segment profit was ¥16 million due to front-loaded investment-related costs associated with delivery of the first unit.」
The IJP Solutions business explained that front-loaded investment-related costs associated with delivery of the first unit were incurred, affecting segment profit.