Risk of achieving profitability in the new e-commerce business
First written in FY2016. 2 of 6 entries say "Restated". Latest entry: FY2019-Q3.
Daikokuya Holdings moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 6 of 14 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「As part of these efforts to strengthen the e-commerce business, we continue to invest in system development through our subsidiary ラックスワイズ株式会社. However, as we are preparing to launch a C-to-C app in the market, the upfront costs of this system development have begun to be reflected as a reduction in consolidated expenses.」
System development investment for the launch of the C-to-C app continues, and the upfront investment costs continue to be reflected in consolidated expenses. - FY2019-Q1MaterialisedAnnual report
「As part of these efforts to strengthen the e-commerce business, we continue to invest in system development through our subsidiary ラックスワイズ株式会社. However, as we are preparing to launch a C-to-C app in the market, the upfront costs of this system development have begun to be reflected as a reduction in consolidated expenses.」
The upfront investment costs for the new e-commerce business actually emerged as a factor reducing consolidated expenses. - FY2017ReframedAnnual report
「In December 2016, the company integrated its e-commerce business with 大黒屋.」
The focus of the disclosure shifted from the specific risk of delays in launching the former China e-commerce business to its operation following integration with the existing business. - FY2017-Q3WorsenedAnnual report
「The launch of the company’s e-commerce business is scheduled for the beginning of the next fiscal year due to delays in system development and other factors.」
The delayed launch of the China e-commerce business further postponed the timing of its contribution to the company's earnings. - FY2017-Q1RestatedAnnual report
「The launch of the e-commerce business by a joint venture in China is expected by year-end. As the business is still being launched, it will be difficult for it to contribute to the company's earnings in the current fiscal year, but a contribution is expected as the business expands in the future.」
Although the China e-commerce business is scheduled to launch, the company indicated that a contribution to earnings in the current fiscal year would be difficult. - FY2016First statedAnnual report
「It is expected to take some time for the new business to generate stable earnings, which may result in a decline in the company's profit margin. In addition, the profitability of the new business remains highly uncertain, and the expected earnings may not be achieved.」
The time required for LUXWISE's e-commerce business to generate stable earnings and the uncertainty surrounding its profitability were identified as risks.