Delays in responding to technological innovation and uncertainty over recovering investment
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 36 of 98 companies on the "Worse" side.
- FY2024RestatedAnnual report
「As the investment required to address these needs may be substantial depending on future developments, and may not necessarily translate immediately into higher sales or earnings, it could affect our financial position and operating results.」
The company continues to identify the investment burden associated with engineers and key personnel, digital development, and performance and reliability analysis and other areas, as well as uncertainty over monetisation. - FY2022RestatedAnnual report
「As the investment required to address these needs may be substantial depending on future developments, and may not necessarily translate immediately into higher sales or earnings, it could affect our financial position and operating results.」
The company continues to identify the investment burden associated with engineers and key personnel, digital development, and performance and reliability analysis, as well as uncertainty over monetisation. - FY2019RestatedAnnual report
「As the investment required to address these needs may be substantial depending on future developments, and may not necessarily translate immediately into higher sales or earnings, it could affect our financial position and operating results.」
The company continues to identify the development and retention of engineers and key personnel, investment in digital development and performance and reliability analysis, and uncertainty over monetisation as risks. - FY2018RestatedAnnual report
「As the investment required to address these needs may be substantial depending on future developments, and may not necessarily translate immediately into higher sales or earnings, it could affect our financial position and operating results.」
The company continues to identify the development and retention of engineers and key personnel, investment in digital development and performance and reliability analysis, and uncertainty over monetisation as risks. - FY2017RestatedAnnual report
「Accordingly, it is important to develop and retain highly skilled engineers and key personnel. In terms of facilities, further expansion of digital development and performance and reliability analysis capabilities is also required. Depending on future developments, the investment required to address these needs may be substantial, and such investment may not necessarily translate immediately into higher sales or earnings.」
The company continues to identify the need to secure engineers and key personnel and expand digital development and performance analysis facilities, as well as the risk of increased investment and uncertainty over monetisation. - FY2016First statedAnnual report
「For our future growth, it is essential that the automotive parts segment rapidly provide highly reliable products, advanced technological development and production technologies, while the proprietary products segment develops innovative products in areas such as the environment. Depending on future developments, the investment required to address these needs may be substantial, and such investment may not necessarily translate immediately into higher sales or earnings.」
The disclosure states that the investment required for technological development, production technologies and environmental product development may be substantial, and may not generate an immediate earnings impact.