Risk of Recouping Investments in New Businesses
First written in FY2021. 9 of 13 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 28 of 85 companies on the "Worse" side.
90 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the matters concerning business conditions, financial conditions and other items described in this interim report that management recognizes as major risks potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, nor in the “Business and Other Risks” described in the securities report for the previous consolidated fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the matters concerning business conditions, financial conditions and other items described in this interim report that management recognizes as major risks potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, nor in the “Business and Other Risks” described in the securities report for the previous consolidated fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the matters described under “Business and Other Risks” in the annual securities report for the previous consolidated fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2023-Q3RestatedAnnual report
「For a brand of a consolidated subsidiary, because the earnings initially expected could no longer be anticipated, the carrying amount of goodwill arising on the acquisition of the shares or business was reduced to its recoverable amount, and the reduction was recorded as an impairment loss.」
Continues to disclose the recognition of a ¥225.391 million goodwill impairment loss on brands acquired through acquisitions or business acquisitions because earnings fell short of initial expectations. - FY2023-Q2MaterialisedAnnual report
「The recoverable amount is measured based on value in use and is assessed at zero because undiscounted future cash flows are negative.」
An event occurred in which future cash flows from a new business and an acquired brand became negative, resulting in goodwill impairment being recorded with the recoverable amount assessed at zero. - FY2023-Q2MaterialisedAnnual report
「For a brand of a consolidated subsidiary, because the earnings initially expected could no longer be anticipated, the carrying amount of goodwill arising on the acquisition of the shares or business was reduced to its recoverable amount, and the reduction was recorded as an impairment loss.」
An event actually occurred in which goodwill associated with acquisitions and business acquisitions was impaired because the earnings initially expected could no longer be anticipated. The impairment loss was ¥225.391 million. - FY2023-Q1MaterialisedAnnual report
「Although the brand value enhancement business, consisting of the acquisition and development of proprietary brands, which began in the third quarter of the previous fiscal year, contributed to sales, its contribution to profit in the first quarter of the current fiscal year was limited due to advertising spending and the weaker yen.」
States that an event actually occurred in which new-brand and brand-enhancement initiatives contributed to sales but made only a limited contribution to profit in the current quarter. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of recovering investments in new businesses. - FY2021First statedAnnual report
「It is expected to take a certain amount of time and investment before new businesses generate stable earnings, which could reduce the overall profit margin.」
For new businesses intended to expand the scale of operations and diversify revenue sources, identifies the time required to achieve monetization, the investment burden and the risk of failing to recover the investment.