Development Delays or Failures Involving New Products and Technologies
First written in FY2016. 11 of 12 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the six-month interim consolidated accounting period.」
The Group states that there have been no material changes in research and development activities related to new product and technology development. - FY2024-Q3RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the nine months ended December 31, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2022RestatedAnnual report
「As a specialist manufacturer of automotive interior trim components, the Group is vigorously pursuing research and development to provide new products and manufacturing methods that actively address the needs of users and automakers.」
The Group continues research and development in response to the risk of delays or failures in developing new products and technologies. Research and development expenses were ¥1,534 million, and the disclosure also cites the adoption of multiple products related to environmental performance, safety and comfort. - FY2022-Q2RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the six months ended June 30, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2022-Q1RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the three months ended March 31, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2021RestatedAnnual report
「As a specialist manufacturer of automotive interior trim components, the Group is vigorously pursuing research and development to provide new products and manufacturing methods that actively address the needs of users and automakers.」
The Group continues to disclose efforts to strengthen its new product and technology development capabilities, citing results including research and development expenses of ¥1,237 million and the adoption of multiple products. - FY2020-Q2RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the six months ended June 30, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2020-Q1RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the three months ended March 31, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2019-Q3RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the nine months ended December 31, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2019-Q2RestatedAnnual report
「There were no material changes in the status of the Group’s R&D activities during the six months ended June 30, XXXX.」
The Group states that there have been no material changes in its development policies for new products and technologies or its research and development activities. - FY2017RestatedAnnual report
「The Group is actively working to strengthen its product development capabilities and technological expertise, including developing lightweighting technologies that address social expectations regarding the environment, as well as maintaining and strengthening its quality and cost competitiveness. However, if the Group is unable to develop attractive or low-cost new products and technologies, or unable to provide them in a timely manner, due to environmental or market changes beyond its forecasts, this may reduce future growth and profitability or affect operating results and other aspects of performance due to the burden of invested capital.」
While continuing to strengthen its capabilities in developing new products and technologies, the Group continues to disclose the potential impact of development delays or failures on growth, profitability and invested capital. - FY2016First statedAnnual report
「However, if the Group is unable to develop attractive or low-cost new products and technologies, or unable to provide them in a timely manner, due to environmental or market changes beyond its forecasts, this may reduce future growth and profitability or affect operating results and other aspects of performance due to the burden of invested capital.」
The disclosure identifies the potential impact on growth and profitability if new products and technologies cannot be developed or provided in a timely manner.