Profitability and Monetization Risks in New Businesses
First written in FY2019. 5 of 10 entries say "Restated". Latest entry: FY2026.
Feedforce Group moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 28 of 84 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「To achieve sustainable growth, our Group plans to develop new services, expand existing services, reorganise its businesses, enter into business alliances, make investments and pursue M&A.」
The profitability risk of new businesses was reframed as an investment and restructuring risk encompassing business reorganisations, business alliances, investments, post-M&A integration, investment recovery and the realisation of synergies. - FY2024MaterialisedAnnual report
「During the current consolidated fiscal year, following a review of the future business plans for the goodwill associated with 株式会社フラクタ, we recorded the unamortised goodwill balance of ¥290 million and ¥7 million related to lease contracts as impairment losses under extraordinary losses. In addition, following a review of the future business plans for the software associated with 株式会社リワイア, we recorded the unamortised software balance of ¥46 million as an impairment loss under extraordinary losses.」
Impairment losses were recorded in connection with the profitability and monetisation risk of new businesses: ¥290 million related to フラクタ, ¥7 million related to lease contracts and ¥46 million on リワイア's software. - FY2024-Q3RestatedAnnual report
「Following a review of the future business plans for the goodwill associated with 株式会社フラクタ during the cumulative second quarter of the current consolidated fiscal year, we determined that the revenue originally planned could no longer be expected. Accordingly, we recorded the unamortised goodwill balance of ¥290 million as an impairment loss under extraordinary losses.」
The ¥290 million impairment loss on フラクタ's goodwill is reconfirmed as an event that has already occurred in connection with the profitability and monetisation risk of new businesses. - FY2024-Q2MaterialisedAnnual report
「Following a review of the future business plans for the goodwill associated with 株式会社フラクタ, we determined that the revenue originally planned could no longer be expected. Accordingly, during the second quarter of the current consolidated fiscal year, we recorded the unamortised goodwill balance of ¥290 million as an impairment loss under extraordinary losses.」
An actual occurrence of the profitability and monetisation risk associated with new businesses took place, with a ¥290 million impairment loss recorded on goodwill associated with フラクタ. - FY2023-Q3RestatedAnnual report
「Following a review of the future business plans for the goodwill associated with 株式会社シッピーノ and 株式会社テープス, we determined that the revenue originally planned could no longer be expected. Accordingly, during the first quarter of the current consolidated fiscal year, we recorded the unamortised goodwill balance of ¥343 million as an impairment loss under extraordinary losses.」
The ¥343 million impairment loss on goodwill associated with シッピーノ and テープス is reconfirmed as an event that has already occurred in connection with the profitability and monetisation risk of new businesses. - FY2023-Q2RestatedAnnual report
「Following a review of the future business plans for the goodwill associated with 株式会社シッピーノ and 株式会社テープス, we determined that the revenue originally planned could no longer be expected. Accordingly, during the first quarter of the current consolidated fiscal year, we recorded the unamortised goodwill balance of ¥343 million as an impairment loss under extraordinary losses.」
The ¥343 million impairment loss recorded in the previous quarter is cited again as an actual occurrence of the profitability and monetisation risk associated with new businesses. - FY2023-Q1MaterialisedAnnual report
「Following a review of the future business plans for the goodwill associated with シッピーノ and テープス, we determined that the revenue originally planned could no longer be expected. Accordingly, during the cumulative first quarter of the current consolidated fiscal year, we recorded the unamortised goodwill balance of ¥343 million as an impairment loss under extraordinary losses.」
The originally planned revenue from the new businesses could no longer be expected, resulting in a ¥343 million goodwill impairment loss. This is cited as an actual occurrence of the profitability and monetisation risk associated with new businesses. - FY2022RestatedAnnual report
「Our Group plans to continue actively pursuing new services and businesses. However, new businesses involve considerable uncertainty regarding profitability. If they ultimately become unprofitable because the expected revenue cannot be generated, this may affect our Group's business and results of operations.」
The profitability and monetisation risks inherent in the policy of actively expanding new businesses continue to apply. - FY2020RestatedAnnual report
「New businesses involve considerable uncertainty regarding profitability. If they ultimately become unprofitable because the expected revenue cannot be generated, this may affect our Group's business and results of operations.」
The profitability and monetisation risks associated with pursuing new services and businesses continue to apply. - FY2019First statedAnnual report
「New businesses involve considerable uncertainty regarding profitability. If they ultimately become unprofitable because the expected revenue cannot be generated, this may affect our business and results of operations.」
This is disclosed as a risk inherent in the policy of actively pursuing new services and businesses.