Reliance on New Product Development Capabilities and Risk of Development Failure
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2026.
Kel moved to the "Worse" side of this theme in 2022.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In terms of sales, we aim to obtain approximately 20% of orders through new products developed within the past 3 years. Although we believe it will be possible to maintain and develop this trend going forward, advances in the electronics industry are remarkable and market needs are changing more rapidly. If the selection of development themes diverges from market needs and we are unable to develop products with sufficient added value, this could result in lost order opportunities and lower profitability,」
While maintaining the existing structure in which new products developed within the past 3 years account for approximately 20% of orders, the risks are specified as a mismatch with market needs, insufficient added value, lost order opportunities and lower profitability. - FY2022SoftenedAnnual report
「Currently, approximately 20% of our orders are for products developed within the past 3 years.」
The description of the order ratio for products developed within the past 3 years has changed from "approximately 20% or more" in the previous fiscal year to "approximately 20%," with no lower bound specified. - FY2021RestatedAnnual report
「Currently, approximately 20% or more of our orders are for products developed within the past 3 years. Although we believe it will be possible to maintain and develop this trend going forward, advances in the electronics industry, particularly the electronic equipment industry, are remarkable, and we cannot always accurately predict market needs. If we are unable to develop products that meet those needs, future growth and profitability may decline, affecting business performance.」
The company continues to describe the structure in which products developed within the past 3 years account for approximately 20% or more of orders, and the risk of lower growth and profitability if market needs cannot be met. - FY2020RestatedAnnual report
「Currently, approximately 20% or more of our orders are for products developed within the past 3 years. Although we believe it will be possible to maintain and develop this trend going forward, advances in the electronics industry, particularly the electronic equipment industry, are remarkable, and we cannot always accurately predict market needs. If we are unable to develop products that meet those needs, future growth and profitability may decline, affecting business performance.」
The company continues to describe the structure in which products developed within the past 3 years account for approximately 20% or more of orders, and the risk of lower growth and profitability if market needs cannot be met. - FY2019SoftenedAnnual report
「Approximately 20% or more of our group's orders are for new products developed within the past 3 years.」
The stated proportion of orders accounted for by new products developed within the past 3 years has been lowered from "approximately 30% or more" to "approximately 20% or more." - FY2018RestatedAnnual report
「Approximately 30% or more of our group's orders are for new products developed within the past 3 years. Although we believe it will be possible to maintain this trend going forward, advances in the electronics industry, particularly the electronic equipment industry, are remarkable, and we cannot always accurately predict market needs. If we are unable to develop products that meet those needs, future growth and profitability may decline, adversely affecting business performance.」
The company continues to describe the structure in which new products developed within the past 3 years account for approximately 30% or more of orders, and the risk of lower growth and profitability if market needs cannot be met. - FY2017RestatedAnnual report
「Approximately 30% or more of our group's orders are for new products developed within the past 3 years.」
The company continues to describe the structure in which new products account for approximately 30% or more of orders, and the risk of lower growth and profitability if new product development fails to meet market needs. - FY2016First statedAnnual report
「Approximately 30% or more of our group's orders are for new products developed within the past 3 years. Although we believe it will be possible to maintain this trend going forward, advances in the electronics industry, particularly the electronic equipment industry, are remarkable, and we cannot always accurately predict market needs. If we are unable to develop products that meet those needs, future growth and profitability may decline, adversely affecting business performance.」
The company describes the structure in which new products developed within the past 3 years account for approximately 30% or more of orders as a risk of lower growth and profitability if development fails.