Risk of Delays in New Product Releases
First written in FY2020. 2 of 4 entries say "Materialised", first in FY2021-Q3. Latest entry: FY2025.
Bushiroad 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 2021: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Accordingly, as we build the Global Mega Character Platform, we seek to diversify risk by establishing a business portfolio that does not rely solely on the development of proprietary IP.」
The response to the risk of failing to release new products on schedule was revised from diversification through the development of multiple IPs to diversification through the Global Mega Character Platform and a business portfolio that does not depend solely on proprietary IP. - FY2021MaterialisedAnnual report
「Following the decision to discontinue development of internally used software during the fiscal year, the carrying amount was reduced to its recoverable amount, and the resulting reduction of ¥34.9 million was recognized as an impairment loss under extraordinary losses.」
An impairment loss of ¥34.9 million was recognized following the discontinuation of software development. - FY2021-Q3MaterialisedAnnual report
「Because the software under development could no longer be expected to generate the originally projected revenue after the decision was made to discontinue development, an impairment loss was recognized as an extraordinary loss.」
The inability to release new products and software on schedule actually occurred, and an impairment loss of ¥34.9 million was recognized on software under development. - FY2020First statedAnnual report
「The timely release of new products is the foundation of our Group's earnings, and we recognize that if this risk materializes, it could have a significant impact on the Group's sales. Accordingly, as we build a layered IP business model, we seek to diversify risk by developing multiple IPs each fiscal year.」
The risk of delays in releasing new products due to TCG and MOG development, licensor approvals, production capacity, debugging and other factors, together with diversification through the development of multiple IPs, was documented for the first time.