No Revenue from the Cup Vending Machine Business Due to Delays in Obtaining Required Permits
First written in FY2018-Q3. 6 of 10 entries say "Restated". Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023RestatedAnnual report
「As the importance of the nanomaterials business, previously classified as the Other business, increased, the Company changed its reportable segment from Other business to Nanomaterials business beginning in the current consolidated fiscal year.」
The business mix's shift from Other business to the nanomaterials business continues to be presented as a separate reportable segment. - FY2023-Q3RestatedAnnual report
「As the importance of the nanomaterials business, previously classified as the Other business, increased, the Company changed its reportable segment from Other business to Nanomaterials business beginning in the first quarter of the current consolidated fiscal year.」
The reclassification of the reportable segment from Other business to Nanomaterials business in response to the increased importance of the nanomaterials business continues. - FY2023-Q2ReframedAnnual report
「As the importance of the nanomaterials business, previously classified as the Other business, increased, the Company changed its reportable segment from Other business to Nanomaterials business beginning in the first quarter of the current consolidated fiscal year.」
The shift in the center of the Other business to the nanomaterials business has been reorganized by presenting the latter as a separate reportable segment. - FY2021ReframedAnnual report
「Other business: The Group's main business is the nanomaterials business, which conducts research and development, manufacturing, and sales of nanomaterials.」
The center of the Other business clearly shifted from the cup-style vending machine business, which generated no sales due to delays in obtaining permits and approvals, to the nanomaterials business. - FY2021-Q3ReframedAnnual report
「The Group's main Other business is the nanomaterials business, which conducts research and development, manufacturing, and sales of nanomaterials. The nanomaterials business commercializes carbon fiber in powder form. Although some projects were not recognized as actual sales because the current third quarter of the consolidated fiscal year was an evaluation period, the projects have advanced to a higher evaluation stage and the number of new projects has increased. Accordingly, sales from the Other business were ¥3 million, up 133.3% year on year.」
The center of the Other business has shifted from the cup-style vending machine business, which had generated no sales due to delays in obtaining permits and approvals, to the nanomaterials business. The Other business reported sales of ¥3 million. - FY2019RestatedAnnual report
「As a result, sales activities in Shanghai had not begun even at the end of the current consolidated fiscal year. Accordingly, sales from the Other business were ¥0 million, up 110.2% year on year.」
Due to delays in obtaining permits and approvals, the China cup-style vending machine business had not begun sales even for the full fiscal year, and sales were ¥0 million. - FY2019-Q3RestatedAnnual report
「As a result, the Company had not reached the start of sales activities in China during the cumulative third quarter of the current consolidated fiscal year. Sales activities in China will begin in earnest after the necessary permits and approvals have been obtained.」
Due to delays in obtaining permits and approvals, the China cup-style vending machine business had not begun sales even in the cumulative third quarter, and sales were ¥0 million. - FY2019-Q2RestatedAnnual report
「As a result, the Company had not reached the start of sales activities in China during the cumulative second quarter of the current consolidated fiscal year. Accordingly, there were no sales from the Other business.」
Due to delays in obtaining permits and approvals, the China cup-style vending machine business had not begun sales even in the cumulative second quarter, and generated no sales. - FY2019-Q1RestatedAnnual report
「As a result, the Company had not reached the start of sales activities in China during the cumulative first quarter of the current consolidated fiscal year.」
Due to delays in obtaining permits and approvals, the China cup-style vending machine business had not begun sales even in the cumulative first quarter, and generated no sales. - FY2018-Q3First statedAnnual report
「As a result, there were no sales from the Other business.」
Because obtaining various permits and approvals in China has taken time, the newly established Other business generated no sales in the cumulative third quarter.