Risk that efforts to strengthen the Social Innovation Business will not deliver the expected benefits
First written in FY2016. 2 of 5 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2025.
The whole theme swung hardest in 2022: 4 of 18 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In response to this strategy, each business unit (BU) operates a phase-gate management process. In addition, the Investment and Financing Strategy Committee, Management Committee, Board of Directors and Audit Committee conduct analysis and discussions from various perspectives, including market trends, competitors' activities, technology trends and potential risks.」
In response to risks associated with the benefits of investment in the Social Innovation Business, explicitly identified BU phase-gate management and review by multiple management bodies. - FY2019MaterialisedAnnual report
「The Company determined that more time would be required to reach agreement on the funding model assumed for the project's continuation and on the various conditions relating to the construction and operation of the nuclear power plant. At a meeting of the Board of Directors held on 17 January 2019, the Company therefore decided to freeze the project from the standpoint of economic rationality as a private-sector company.」
The UK nuclear power plant construction project was frozen, and expenses including an impairment loss of ¥277,208 million on related assets were recorded. - FY2019-Q3MaterialisedAnnual report
「At a meeting of the Board of Directors held on 17 January 2019, the Company decided to freeze this project from the standpoint of economic rationality as a private-sector company. Accordingly, the Social and Industrial Systems segment recorded an impairment loss of ¥277,208 million on assets related to the project.」
The decision was made to freeze the UK nuclear power plant construction project related to the Social Innovation Business on the grounds of economic rationality, and an impairment loss of ¥277,208 million was recorded on related assets. - FY2017RestatedAnnual report
「The Group's initiatives for this strategy may fail or may not deliver the benefits the Group currently expects.」
Continued disclosure of the risk that investments associated with strengthening the Social Innovation Business will not produce the expected benefits or profitability. - FY2016First statedAnnual report
「The Group's initiatives for this strategy may fail or may not deliver the benefits the Group currently expects.」
Execution risks inherent in a strategy involving the focused allocation of capital expenditure, R&D, acquisitions and new projects.