Uncertainty Regarding R&D Timelines and Commercialization
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2025.
Techno Medica moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 3 of 22 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Research and development is extremely important to the company. Research and development themes are established based on market needs, technical hurdles and the research and development trends of other companies, with the development period for each project generally set at 2–5 years. However, if technical hurdles arise or market changes make it impossible to establish a clear product concept, development may have to be suspended, potentially affecting future research and development plans.」
The basic development period has expanded from the previous 2 years to 2–5 years, indicating greater uncertainty over the time required for commercialization. The possibility of suspension due to technical hurdles or market changes also remains. - FY2024RestatedAnnual report
「The average development period for research and development projects is generally set at 2 years, taking into account the urgency of market needs, technical hurdles and the research and development trends of other companies.」
The company continues to set the basic research and development period at 2 years and recognizes the possibility that commercialization may be suspended due to technical hurdles or the establishment of a product concept. - FY2023RestatedAnnual report
「The average development period for research and development projects is generally set at 2 years, taking into account the urgency of market needs, technical hurdles and the research and development trends of other companies.」
The company has reconfirmed its policy of setting the basic research and development period at 2 years. The possibility that commercialization may be suspended due to technical hurdles or the establishment of a product concept also remains. - FY2022RestatedAnnual report
「The average development period for research and development projects is generally set at 2 years, taking into account the urgency of market needs, technical hurdles and the research and development trends of other companies.」
The company continues to disclose a basic research and development period of 2 years and the risk that development may be suspended due to technical barriers or an unclear product concept. - FY2019RestatedAnnual report
「The development period for each project is generally set at 2 years. However, if technical hurdles arise or it becomes impossible to establish a clear product concept acceptable to the market, development may have to be suspended, potentially affecting ongoing research and development and future research and development plans.」
The company continues to disclose a basic research and development period of 2 years and the risk that development may be suspended due to technical barriers or an unclear product concept. - FY2018RestatedAnnual report
「Research and development themes are established based on the urgency of market needs, technical hurdles and the research and development trends of other companies, with the development period for each project generally set at 2 years. However, if technical hurdles arise or it becomes impossible to establish a clear product concept acceptable to the market, development may have to be suspended, potentially affecting ongoing research and development and future research and development plans.」
The company continues to disclose a basic development period of 2 years and the risk that development may be suspended due to technical hurdles or an unclear product concept. - FY2017RestatedAnnual report
「Research and development themes are established based on the urgency of market needs, technical hurdles and the research and development trends of other companies, with the development period for each project generally set at 2 years. However, if technical hurdles arise or it becomes impossible to establish a clear product concept acceptable to the market, development may have to be suspended.」
The company continues to disclose a basic research and development period of 2 years and the risk that commercialization may be suspended due to technical barriers or an unclear product concept. - FY2016First statedAnnual report
「Research and development themes are established based on the urgency of market needs, technical hurdles and the research and development trends of other companies, with the development period for each project generally set at 2 years. However, if technical hurdles arise or it becomes impossible to establish a clear product concept acceptable to the market, development may have to be suspended, potentially affecting ongoing research and development and future research and development plans.」
The company indicates a basic project development period of 2 years, while highlighting the risk of suspension due to technical barriers or an unclear product concept.