Longer payback periods and depreciation burden on capital expenditure
First written in FY2019. 12 of 14 entries say "Restated". Latest entry: FY2026.
Sun Messe moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Company recognized an impairment loss of ¥208.797 million as an extraordinary loss during the current consolidated fiscal year.」
Impairment losses were recognized on fixed assets of the Gifu-Nagoya Sales Department, goodwill of 株式会社Sinc, and idle assets, and the risk of recovering investments and assets materialized as an actual loss. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing major risks, including longer investment payback periods and depreciation burdens. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing major risks, including longer investment payback periods and depreciation burdens. - FY2023RestatedAnnual report
「Changes in market conditions could lengthen investment payback periods or result in excessive depreciation expenses that pressure business results, potentially affecting our group's business results and financial position.」
The risks of longer investment payback periods and excessive depreciation burdens continue. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing major risks, including longer investment payback periods and depreciation burdens. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing major risks, including longer investment payback periods and depreciation burdens. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It was determined that there were no material changes to the major risks disclosed in the previous fiscal year, including longer investment payback periods and depreciation burdens. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was determined that there were no material changes to the risks of longer investment payback periods or depreciation burdens. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It was determined that there were no material changes to the risks of longer investment payback periods or depreciation burdens. - FY2020RestatedAnnual report
「Our group makes capital investments funded by operating cash flow, bank financing and other sources. However, changes in market conditions could lengthen investment payback periods or result in excessive depreciation expenses that pressure business results, potentially affecting our group's business results and financial condition.」
The risks of longer investment payback periods and excessive depreciation burdens continue to be disclosed. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing risks, including longer investment payback periods and depreciation burdens. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing business and other risks, including longer investment payback periods and depreciation burdens. - FY2020-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was determined that there were no material changes to the existing risks, including longer investment payback periods and depreciation burdens. - FY2019First statedAnnual report
「Our group makes capital investments funded by operating cash flow, bank financing and other sources. However, changes in market conditions could lengthen investment payback periods or result in excessive depreciation expenses that pressure business results, potentially affecting our group's business results and financial condition.」
Longer investment payback periods caused by changes in market conditions and excessive depreciation expenses are described as new risks associated with capital investment.