Risk of Delays in Commercializing New Technologies and Failure to Develop New Products
First written in FY2017. 1 of 2 entries say "Reframed", first in FY2021. Latest entry: FY2021.
Shimadzu moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 3 of 22 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2021ReframedAnnual report
「If commercialization is delayed or the company is unable to develop new products that meet market needs, competitiveness may decline and the company may be unable to capture business in line with market trends, potentially reducing future business growth and profitability and affecting the Group's operating performance and financial position.」
Regarding new product development risk, the impact of declining competitiveness and failure to capture market trends has been explicitly added to the previously identified risks of delays in commercialization and failure to meet market needs. - FY2017First statedAnnual report
「If commercialization of new technologies is delayed or we are unable to develop new products that meet market needs, future growth and profitability could decline, affecting the Group’s operating results and financial position.」
The risk of delayed commercialization and inability to develop new products that meet market needs was first stated explicitly despite ongoing R&D investment.