Equipment obsolescence and delayed upgrades
First written in FY2019. 1 of 3 entries say "Mitigated", first in FY2020. Latest entry: FY2022.
3 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group will pursue necessary equipment replacement while reviewing equipment performance and operating conditions. In addition, we will periodically replace aging equipment in line with the medium-term management plan or business plans, with the responsible departments taking the lead in replacing aging equipment.」
The Group continues to address the risk of equipment obsolescence and delayed replacement by replacing equipment based on its performance and operating conditions, periodically replacing aging equipment, and securing spare parts. - FY2020Clarification of the need for equipment replacement and the implementation policyAnnual report
「The Group will pursue necessary equipment replacement while reviewing equipment performance and operating conditions.」
In response to the risk of equipment obsolescence and delayed replacement, the Group clarified its policy of proceeding with necessary replacement after reviewing equipment performance and operating conditions. - FY2019First statedAnnual report
「Development and production equipment may become obsolete due to the emergence of innovative new technologies, changes in customer requirements and other factors. If equipment replacement does not proceed smoothly, it may adversely affect the Group's operating results.」
Equipment obsolescence due to new technologies and changing customer requirements, and the impact on operating results if equipment replacement does not proceed smoothly, have been identified as new risks.