Business growth risk dependent on new product development and securing personnel
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019RestatedAnnual report
「There is a risk that future business growth will depend primarily on the results of new product development. There are also risks that, even after significant expenditures on securing and developing personnel for product development and on developing large-scale equipment, sufficient demand may not be secured to support those investments.」
The company continues to disclose growth risks related to new product development, securing and developing personnel, and large-scale equipment development. - FY2018RestatedAnnual report
「There is a risk that future business growth will depend primarily on the results of new product development. There are also risks that, even after significant expenditures on securing and developing personnel for product development and on developing large-scale equipment, sufficient demand may not be secured to support those investments.」
The growth risks related to new product development, securing and developing personnel, expenditures on large-scale equipment development, and securing demand are disclosed again. - FY2017First statedAnnual report
「Because the group's businesses need to continue bringing new products to market, R&D is a key management priority. Accordingly, there is a risk that future business growth will depend primarily on the results of new product development. There are also risks that, even after significant expenditures on securing and developing personnel for product development and on developing large-scale equipment, sufficient demand may not be secured to support those investments.」
The company explicitly identifies, as business growth risks, the relationship between the results of new product development, securing and developing personnel, expenditures on large-scale equipment development, and securing demand.