Delays in product launches due to prolonged or failed type-approval testing
First written in FY2016. 8 of 15 entries say "Restated". Latest entry: FY2027-H1.
Sankyo moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
1 other company's latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Meanwhile, although the approval rate in type approval testing has remained low in the pachislot market, the market has remained firm, supported by strong machine utilization.」
Although the low type-approval pass rate has continued, the pachislot market is described as firm against the backdrop of strong operating levels. The risk of launch delays remains. - FY2026WorsenedAnnual report
「In the pachislot market, the low type-approval pass rate affected the supply of new machines, but the market has remained firm as hit products have continued to appear.」
The low type-approval pass rate affected the supply of new machines, and the number of new pachislot titles launched was limited to 4. The risks associated with approval testing and launch delays have materialised in the results. - FY2022RestatedAnnual report
「While it is necessary to respond to increasingly sophisticated fan needs and advances in the technological structures of gaming machines, if type-approval testing takes an extended period or approval is not obtained, the group's business results may be affected. Our group will draw on the product development capabilities and expertise cultivated over many years to work toward the smooth launch of new machines in line with the original plan.」
The company continues to disclose the risk of prolonged or failed type-approval testing and is reaffirming its policy of using its development capabilities and expertise to seek launches as planned. - FY2022-Q3MitigatedAnnual report
「Meanwhile, in pachislot machines, the Group launched its first 6.2 machine, "Pachislot Senki Zesshou Symphogear: Yuki no Uta," in December.」
For the 6.2-generation machines, development and market launch have progressed from the expectation stage to the actual launch of the group's first product, making the response on the new-machine supply front more concrete. - FY2022-Q2RestatedAnnual report
「Meanwhile, in pachislot, the recovery of machine utilization and the new-machine sales market has taken longer than in pachinko, partly because of the shortage of compelling new models. However, so-called 6.2-compliant machines have been introduced to the market sequentially since September 2021, and their adoption is expected to improve market conditions.」
While the shortage of strong new pachislot machines has continued, 6.2-generation machines began entering the market in September 2021, raising expectations for an improvement in market conditions. Risks relating to type-approval testing and supply remain. - FY2022-Q1RestatedAnnual report
「Meanwhile, pachislot remains in a challenging environment, owing in part to the persistently low type-approval pass rate and the resulting shortage of strong new machines. However, development is under way on the so-called 6.2-generation machines to which the relaxed regulations apply, and new products featuring new game formats are expected to be introduced.」
In pachislot, the low type-approval pass rate and insufficient supply of new machines have continued. Meanwhile, development of 6.2-generation machines is under way, and products featuring new game formats are expected to be introduced. - FY2021RestatedAnnual report
「The Group will draw on the product development capabilities and expertise it has cultivated over many years to work toward the smooth launch of new models in line with the original plan.」
The company is reaffirming its policy of using its development capabilities and expertise to seek launches as planned in response to the risk of prolonged or failed type-approval testing. - FY2021-Q3MitigatedAnnual report
「Meanwhile, in pachislot, where few machines compliant with the new regulations have been approved and the sales market has stagnated, the number of approved models has gradually increased as manufacturers have developed greater expertise in developing machines compliant with the new regulations. In line with future replacement demand, demand is expected to gain momentum.」
While the low number of pachislot machines approved under the new regulations has continued, the number of approved models has gradually increased as development expertise has improved, indicating some progress in addressing the risk of launch delays. - FY2021-Q2RestatedAnnual report
「Meanwhile, in pachislot, the type-approval pass rate has remained low, resulting in an inadequate supply of new machines.」
The company states that the low type-approval pass rate and insufficient supply of new machines have continued, reaffirming the risk of launch delays. - FY2021-Q1WorsenedAnnual report
「The supply of machines approved under the new regulations temporarily stalled due to delays in procuring parts, a decline in the number of type-approval applications accepted by the 保通協 testing body, and the pass rate continuing to remain low.」
The decline in the number of type-approval applications accepted and the persistently low pass rate have continued, making the risk of launch delays more concrete through the stalled supply of machines approved under the new regulations. - FY2020-Q2RestatedAnnual report
「Although major titles and hit products for new-regulation machines had begun to emerge, the continued low pass rate for type-approval testing meant that they had not yet raised parlors' willingness to purchase, and introduction of new-regulation machines remained sluggish in both pachinko and pachislot.」
The company states that the low type-approval pass rate for machines approved under the new regulations has continued, and continues to identify the risk of launch delays due to prolonged or failed type-approval testing. - FY2019WorsenedAnnual report
「Since the revised regulations for gaming machines came into effect, the approval rate for type-approval testing of new machines has remained low. However, the rate is expected to improve going forward, and the number of machines under development is also expected to increase.」
It was explicitly stated that the type-approval pass rate for machines approved under the new regulations has remained low, making the risk of launch delays more concrete. - FY2018RestatedAnnual report
「While it is necessary to respond to increasingly sophisticated fan needs and advances in the technological structures of gaming machines, if type-approval testing takes an extended period or approval is not obtained, the group's business results may be affected.」
The disclosure continues to describe the risk of delays in launching new models due to prolonged or failed type approval testing. - FY2017-Q1MaterialisedAnnual report
「The company has stated its policy of collecting and removing within the year pachinko gaming machines that may differ in performance from the machines submitted for approval, and its commitment to creating an environment where people can play easily, conveniently and with confidence. Gaming machine manufacturers are therefore required to develop a diverse range of easy-to-play machines.」
The issue concerning the possibility that performance may differ from that of the machines submitted for approval became concrete through the policy of collection and removal within the year. - FY2016First statedAnnual report
「While it is necessary to respond to increasingly sophisticated fan needs and advances in the technological structures of gaming machines, if type-approval testing takes an extended period or approval is not obtained, the group's business results may be affected.」
The company describes the need to respond to fan needs and technological advances, as well as the potential impact on business results from prolonged or failed type-approval testing.