Risk of Recovering R&D Investments in New Application Development
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2026.
W-Scope moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2026: 14 of 29 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Contracts for other new projects included in the budget have been delayed because customers' capital investment has been delayed, and the start of shipments has not yet been determined.」
While shipments to POSCO are progressing in the new business, contracts and the start of shipments for other projects have not been determined because of delays in customers' capital investment, increasing uncertainty over investment recovery and commercialization. - FY2022RestatedAnnual report
「We are currently developing films for use in industrial applications such as desalination filters. However, there is no guarantee that these activities will produce results, and it may become difficult to recover the R&D expenditures.」
The risks of failing to achieve results and being unable to recover R&D expenditures continue for new application development, including desalination filters. - FY2019RestatedAnnual report
「As a result of these research and development activities, our Group's total R&D expenditures for the current consolidated fiscal year were ¥2,654 million.」
Research and development, including new applications, continued, and total R&D expenses for the current fiscal year were ¥2,654 million. The risks of failing to achieve results and being unable to recover the investment continue to be disclosed. - FY2018RestatedAnnual report
「There is no guarantee that these activities will produce results, and it may become difficult to recover the R&D expenditures.」
The risks of failing to achieve results and being unable to recover R&D expenditures continue to be disclosed for new application development, including desalination filters. - FY2017RestatedAnnual report
「There is no guarantee that these activities will produce results, and it may become difficult to recover the R&D expenditures.」
The risks that results may not be achieved and that R&D expenditures may be difficult to recover continue to be disclosed for new application development, including desalination filters. - FY2016First statedAnnual report
「There is no guarantee that these activities will produce results, and it may become difficult to recover the R&D expenditures.」
For the new business applying membrane films to industrial uses such as desalination filters, the Company identifies the risk that results may not be achieved and that R&D expenditures may be difficult to recover.