Uncertainty surrounding new product development
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 14 of 29 companies on the "Worse" side.
74 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In developing new products, our group carefully selects customer requirements, market sectors, and products to develop and strives to conduct efficient R&D. However, developing new products in a timely manner to meet future needs is not easy.」
The company continues to disclose the possibility that new products may not meet future needs due to divergence from market trends or development delays, together with market monitoring and resolution of technical issues by its development division. - FY2022ReframedAnnual report
「In developing new products, our group carefully selects customer requirements, market sectors, and products to develop and strives to conduct efficient R&D. However, developing new products in a timely manner to meet future needs is not easy. If market trends move in a direction different from the content of our development activities, or if development of our new products is delayed, this could affect the group’s operating results and other matters.」
The explanation of new product development risk was made more specific, shifting from uncertainty over results commensurate with invested resources to the risks of divergence from market trends and development delays. The company cites market monitoring, resolution of technical issues, and new product development by its development division as responses. - FY2020RestatedAnnual report
「There is no guarantee that we will be able to continue developing new products commensurate with the resources invested. Consequently, this could affect the group’s future operating results and other matters.」
The company continues to identify as a risk the possibility that it may not consistently achieve results commensurate with the resources invested in new product development. - FY2017First statedAnnual report
「There is no guarantee that we will be able to continue developing new products commensurate with the resources invested. Consequently, this could affect the group’s future operating results and other matters.」
The company conducts R&D after selecting customer requirements, market sectors, and products to develop, while identifying the possibility that it may be unable to continue developing new products commensurate with the resources invested.