Risk of Difficulty Executing Business Structural Reforms and Failure to Achieve Expected Effects
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021.
2 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Although these business structural reforms entail certain costs, changes in the economic and business environment, uncertain future factors and unforeseeable factors may make them difficult to execute or prevent the Company from achieving the effects originally planned」
The Company continues to explicitly identify the risk that the business structural reforms may be difficult to execute or fail to achieve their planned effects. - FY2020First statedAnnual report
「Although these business structural reforms entail certain costs, changes in the economic and business environment, uncertain future factors and unforeseeable factors may make them difficult to execute or prevent the Company from achieving the effects originally planned, which could adversely affect the Group’s business performance and financial condition.」
The Company identified for the first time the possibility that the ongoing business structural reforms could be difficult to execute or fail to achieve their planned effects as an independent risk.