Risk of Deviations from Assumptions Underlying the Medium-Term Management Plan and Failure to Achieve Targets
First written in FY2017-Q2. 1 of 3 entries say "Worsened", first in FY2020. Latest entry: FY2021-Q1.
0 other companies' latest entry also says "Mitigated".
- FY2021-Q1MitigatedAnnual report
「At a meeting of the Board of Directors held on 27 July 2020, our company approved a new medium-term management plan, Small but Beautiful, focused on cost reform and profitability reform, structural reforms designed to stabilize the management foundation and achieve sustainable growth.」
The company progressed from a situation in which it was difficult to flesh out the next medium-term plan due to the impact of COVID-19 to the formal approval of a new medium-term management plan on 27 July 2020. - FY2020WorsenedAnnual report
「Regarding the next medium-term management plan, there are currently many uncertainties due to the impact of COVID-19, making it extremely difficult to formulate specific details.」
Regarding the risk of divergence between the assumptions underlying the medium-term management plan and reality, and failure to meet targets, the increase in uncertainties caused by COVID-19 made it difficult even to flesh out the next plan. - FY2017-Q2First statedAnnual report
「Our group has formulated a medium-term management plan and established medium-term business strategies. However, if the assumptions underlying the medium-term management plan differ from reality, or if other risks described in this section materialize, the group's operating results or financial position may be materially affected.」
The possibility of failing to achieve the plan's targets due to differences between the assumptions underlying the medium-term management plan and reality, or the materialization of other risks, is described as a separate risk item.