Platform System Failures and Service Suspensions
First written in FY2020. 5 of 7 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
14 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.」
States that there have been no material changes regarding the risks of platform system failures and service outages. - 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.」
States that there have been no material changes regarding the risks of platform system failures and service outages. - 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.」
States that there have been no material changes regarding the risks of platform system failures and service outages. - 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.」
States that there have been no material changes regarding the risks of platform system failures and service outages. - FY2022Addition of the risk of system failures affecting revenue recognitionAnnual report
「The company manages, through an internal system, the order management system, whether services have in fact been provided when recognizing revenue from advertising placements and other services. If a failure in this system prevents automated business processes from being carried out, the company may be unable to recognize revenue accurately and may fail to present its operating results appropriately.」
Adds disclosure that, in addition to the existing risk of service outages and loss of public confidence, failures in the order management system may affect the accuracy of revenue recognition. - FY2021RestatedAnnual report
「Accordingly, in addition to making the capital investments essential to operating its systems, the company continuously monitors its server facilities and network conditions, maintains a structure for taking timely action when signs of a failure are detected, and works to prevent system failures before they occur.」
Reiterates the risks of platform system failures and service outages, and explains the measures involving capital investment, continuous monitoring and a response structure for detected signs of failure. - FY2020First statedAnnual report
「However, if the company loses public confidence as a result of service interruptions or outages caused by an unexpected surge in access to the above platform, computer viruses, intentional human destruction, errors by system personnel, natural disasters or other events, this may affect the company’s business development and operating results.」
Identifies service interruptions and outages caused by surges in access, viruses, intentional human destruction, errors by personnel, natural disasters and other events.