Risk of Failure to Meet Plans for New Business Development
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
68 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Group is working to expand its earnings base by launching new businesses following its photomask business. A certain period and investment are required before a new business can generate stable earnings. However, if a rapid change in the business environment prevents the new business from progressing as the Group expects, the investment may not be recovered, which could affect the Group's performance.」
The risk of delays in the progress of new businesses and insufficient recovery of investment continues to be disclosed. - FY2020RestatedAnnual report
「A certain period and investment are required before a new business can generate stable earnings. However, if a rapid change in the business environment prevents the new business from progressing as the Group expects, the investment may not be recovered, which could affect the Group's performance.」
The risk of delays in the progress of new businesses and insufficient recovery of investment continues to be disclosed. - FY2018RestatedAnnual report
「If changes in the market environment or customer needs prevent the initial plan from being achieved and the resulting returns do not cover the investment and expenses incurred, this may affect the Group's performance.」
The risks of failure to achieve the new business plan and insufficient recovery of investment continue to be disclosed. - FY2016First statedAnnual report
「If changes in the market environment or customer needs prevent the initial plan from being achieved and the resulting returns do not cover the investment and expenses incurred, this may affect the Group's performance.」
For new businesses, failure to achieve the plan due to changes in the market environment or customer needs, and insufficient recovery of investment, are identified as risks.