Upfront Investment in New Services and Uncertainty Regarding Monetization
First written in FY2020. 6 of 7 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 6 of 25 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risks of upfront investment in new services and uncertainty regarding monetization. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risks of upfront investment in new services and uncertainty regarding monetization. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes regarding the risks of upfront investment in new services and uncertainty regarding monetization. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes regarding the risks of upfront investment in new services and uncertainty regarding monetization. - FY2022RestatedAnnual report
「New businesses require additional upfront investment in development costs, advertising and promotional expenses, and other items, which may result in lower profit margins.」
The company has restated the risks of upfront investment in development costs, advertising and promotional expenses for new services, lower profit margins, investment exceeding expectations and withdrawal if revenue targets are not achieved. - FY2021RestatedAnnual report
「New businesses require additional upfront investment in development costs, advertising and promotional expenses, and other items, which may result in lower profit margins. New businesses also involve many uncertainties, and the amount of upfront investment may exceed expectations. Furthermore, if the anticipated revenue cannot be generated, management may decide to withdraw from the new business.」
The company has restated the risks of upfront investment in new services, lower profit margins, investment exceeding expectations and withdrawal if revenue targets are not achieved. - FY2020First statedAnnual report
「New businesses require additional upfront investment in development costs, advertising and promotional expenses, and other items, which may result in lower profit margins. New businesses also involve many uncertainties, and the amount of upfront investment may exceed expectations. Furthermore, if the anticipated revenue cannot be generated, management may decide to withdraw from the new business.」
For new businesses, the company identifies upfront investment in development and advertising and promotional expenses, lower profit margins, investment exceeding expectations and the possibility of withdrawal.