Errors in assumptions regarding the number of marriages, number of couples photographed, average spend per photo shoot and other factors, and delays in changing strategy
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2025.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In formulating its medium- to long-term management strategy, our group makes various assumptions regarding the number of marriages, number of couples photographed, average spend per photo shoot and cost fluctuations. There is no guarantee that these assumptions are correct, and our group may be unable to change its management strategy or business operations in a timely manner in response to the effects of incorrect assumptions.」
Errors in assumptions regarding the number of marriages, number of couples photographed, average spend per photo shoot and cost fluctuations, as well as delays in changing strategy, continue to be identified as risks. - FY2022First statedAnnual report
「In formulating its medium- to long-term management strategy, our group makes various assumptions regarding the number of marriages, number of couples photographed, average spend per photo shoot and cost fluctuations. There is no guarantee that these assumptions are correct, and our group may be unable to change its management strategy or business operations in a timely manner in response to the effects of incorrect assumptions.」
The risk is that assumptions underlying the medium- to long-term strategy may be incorrect and that the strategy or business operations may not be changed in a timely manner in response to their impact.