Risk of Delayed Monetization and Failure to Achieve Results in New Businesses
First written in FY2019. 4 of 5 entries say "Materialised", first in FY2020. Latest entry: FY2022-Q3.
Osaki Electric moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
25 other companies' latest entry also says "Materialised".
- FY2022-Q3MaterialisedAnnual report
「Due mainly to lower revenue from smart locks for rental properties, for which a certain volume had been shipped in the same period of the previous year, net sales were ¥32,248 million, down 4.6% year on year.」
The risks associated with monetizing new businesses and failing to achieve results materialized as lower domestic business revenue due to the反動 from smart lock shipments for rental properties in the previous year. - FY2022-Q2MaterialisedAnnual report
「Due mainly to lower revenue from smart locks for rental properties, which had been shipped in a certain volume in the same period of the previous year, revenue was ¥21,405 million, down 4.0% year on year.」
The risks of delayed monetization and failure to achieve results in new businesses materialized as lower revenue due to the反動 from smart lock shipments for rental properties in the previous year. - FY2022-Q1MaterialisedAnnual report
「Due mainly to lower revenue from smart locks for rental properties, for which a certain volume had been shipped in the same period of the previous year, net sales were ¥10,614 million, down 4.3% year on year.」
The risk related to monetizing new businesses materialized as lower revenue due to the反動 from smart lock shipments for rental properties in the previous year. - FY2020MaterialisedAnnual report
「Net sales fell short of the plan because some projects in the solutions and services business and new businesses were carried over into the following fiscal year.」
Some new business and solution projects were postponed to the following fiscal year, realizing the risk of delayed monetization through the shortfall against the sales plan. - FY2019First statedAnnual report
「However, amid rapid technological innovation, it is not easy to establish and maintain a competitive advantage in fields entered by businesses from various industries and sectors, and we believe it will take some time to generate stable earnings. If the expected results are ultimately not achieved, it may become necessary to review the strategy, and the profitability of the Group may decline.」
While positioning the creation of new businesses as a growth initiative, the company explicitly identified the difficulty of establishing a competitive advantage, the time required to achieve monetization, and declining profitability if expected results are not achieved as new risks.