Risk of delays in launching new businesses and failure to meet plans
First written in FY2021. 7 of 9 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 16 of 51 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「For medium-term growth, the Group selects categories, services and products aligned with its management philosophy and focuses mainly on businesses expected to generate synergies with its core business.」
The policy has shifted from broad expansion of new businesses to a focus on businesses expected to generate synergies with the core business. The online kimono dressing class business ended at the end of October 2023, and the nail salon business ended at the end of April 2024. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the major business and other risks, including delays in launching new businesses and failure to meet plans. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the major business and other risks, including delays in launching new businesses and failure to meet plans. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the major business and other risks, including delays in launching new businesses and failure to meet plans. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the major business and other risks, including delays in launching new businesses and failure to meet plans. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the major business and other risks, including delays in launching new businesses and failure to meet plans. - FY2022RestatedAnnual report
「If the launch of a new business is delayed due to insufficient personnel or know-how, or if the new business does not progress as initially assumed, the Group's operating performance and business development may be affected.」
The Company continues to disclose the risk that delays in launching new businesses and failure to meet plans may affect operating performance and business development. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the existing major risks, including delays in launching new businesses and failure to meet plans. - FY2021First statedAnnual report
「For medium-term growth, the Group selects categories, services and products aligned with its management philosophy and works to commercialize them. Launching a new business is expected to involve marketing costs, including those for identifying user needs, IT investment costs, including system development, and advertising and promotional expenses. If the launch of a new business is delayed due to insufficient personnel or know-how, or if the new business does not progress as initially assumed, the Group's operating performance and business development may be affected.」
The Company identifies marketing expenses, IT investment expenses and advertising and promotional expenses associated with new businesses, as well as delays in launching them and failure to meet plans due to insufficient personnel or know-how, as new risks.