Uncertainty in Developing New Technologies and Products
First written in FY2018. 1 of 3 entries say "Mitigated", first in FY2021. Latest entry: FY2022.
The whole theme swung hardest in 2026: 14 of 29 companies on the "Worse" side.
74 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「To open up the unknown and unexplored world of photonics, we are actively investing in the R&D required to develop new optical technologies and products. Without losing the entrepreneurial spirit we have maintained since our founding, we continue to plan and pursue new technologies and are also working to develop the personnel responsible for these efforts.」
While recognizing the uncertainty surrounding new technology and new product development, the company continues to identify R&D investment, pursuing new technologies, and personnel development as countermeasures. - FY2021MitigatedAnnual report
「To open up the unknown and unexplored world of photonics, we are actively investing in the R&D required to develop new optical technologies and products. Without losing the entrepreneurial spirit we have maintained since our founding, we continue to plan and pursue new technologies and are also working to develop the personnel responsible for these efforts.」
The risks of market loss and failure to recover investments if new technologies cannot be acquired continue, while R&D investment, pursuing new technologies, and personnel development have been specified as countermeasures. - FY2018First statedAnnual report
「If our group is unable to acquire new knowledge about the nature of light, or if a technological discovery concerning new forms of light is made by a party outside our group, we could lose even our existing markets. In addition, our research and development investments may not necessarily lead to higher future sales and earnings, and could have a significant impact on our group’s future performance and growth prospects.」
The company states that, while continuing its R&D investments, failure to acquire the necessary knowledge or the emergence of technological discoveries externally could result in market loss or failure to recover those investments.