Product obsolescence risk from technological and standards changes
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: FY2026.
Media Links moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「As a result of recording inventory valuation losses in cost of sales on raw materials for products whose sales have been discontinued and products scheduled for discontinuation, the gross profit margin was 45.1% and gross profit was ¥1,053 million, down 32.6% year on year.」
The discontinuation of older products accompanying model changes and the valuation of raw materials for products scheduled for discontinuation resulted in inventory valuation losses, and product obsolescence and transition risks appeared as actual losses. - FY2025RestatedAnnual report
「By its nature, the process of developing products and launching them in the market is uncertain and involves various risks, including those described below, and these factors may affect the performance and financial condition of the Group.」
The Company continues to disclose uncertainty regarding technological innovation, changes in standards, delays in launching new products, and the acquisition of market acceptance. - FY2025-H1RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the six-month consolidated accounting period.」
No significant changes were reported in research and development activities related to changes in technology and standards and the uncertainty surrounding new product development and market launches. - FY2023RestatedAnnual report
「By its nature, the process of developing products and launching them in the market is uncertain and involves various risks, including those described below, and these factors may affect the performance and financial condition of the Group.」
The Company continues to disclose uncertainty regarding technological innovation, changes in standards, delays in launching new products, and the acquisition of market acceptance. - FY2021RestatedAnnual report
「By its nature, the process of developing products and launching them in the market is uncertain and involves various risks, including those described below, and these factors may affect the performance and financial condition of the Group.」
The Company continues to disclose uncertainty regarding technological innovation, changes in standards, delays in launching new products, and the acquisition of market acceptance. - FY2019RestatedAnnual report
「Technological innovation is advancing rapidly. By its nature, the process of developing products and launching them in the market is uncertain and involves various risks, including those described below, and these factors may affect the performance and financial condition of the Group.」
The Company continues to disclose uncertainty regarding technological innovation, changes in standards, delays in launching new products, and the acquisition of market acceptance. - FY2018MaterialisedAnnual report
「SMPTE2110, the standard for video transmission, is gradually establishing standards for new IP encapsulation and timing synchronization, but no complete solution is available and adoption in broadcasting systems has not progressed.」
The lack of a complete solution for changes in technology and standards, and the resulting lack of progress in adoption by broadcasting systems, was identified as an actual factor behind market stagnation. - FY2017MaterialisedAnnual report
「Sales in the European and Asian markets declined because development of video transmission equipment for telecommunications carriers was delayed, preventing the launch of new products, and new customer development remained sluggish...」
Delays in technology and product development have appeared in the inability to launch new products, sluggish new customer development in Europe and Asia, and declining sales. - FY2016First statedAnnual report
「Rapid technological advances and changes in specifications and standards may prevent the products developed by the Company from conforming to the communications and broadcasting methods required by the market.」
Risks also include delays in launching new products, the possibility of failing to gain market acceptance, and the ability to secure development funding and resources.