Risk of Failure to Meet Plans for Newly Developed Businesses
First written in FY2016. 2 of 4 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2020.
Yamato International moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 49 companies on the "Worse" side.
25 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「For the Lightning Bolt business, which has been operated since 2018, we reviewed the business plan and took a conservative view of future recoverability. As a result, during the consolidated fiscal year under review, we reduced the carrying amount of intangible fixed assets, specifically trademark rights, to the recoverable amount and recorded the ¥81.583 million reduction as an impairment loss under extraordinary losses.」
Risks related to the plan and recoverability of the new development business materialized in the Lightning Bolt business, resulting in an impairment loss of ¥81.583 million on trademark rights. - FY2019-Q3MaterialisedAnnual report
「For the Penfield business, which has been operated since 2017, we reviewed the business plan and took a conservative view of future recoverability. As a result, during the third quarter of the consolidated fiscal year under review, we reduced the carrying amount to the recoverable amount and recorded the ¥396.843 million reduction as an impairment loss under extraordinary losses.」
Regarding the risk of failing to meet plans for new development businesses, a review of the business plan for the Penfield business resulted in an actual impairment loss of ¥396.843 million on trademark rights. - FY2017RestatedAnnual report
「Although we conduct sufficient market research for new development businesses, the initial plans may not be achieved depending on rapid changes in market conditions, which could affect the group's performance.」
The risk of failing to meet plans for new business formats and brand development due to rapid changes in market conditions is reiterated. - FY2016First statedAnnual report
「Although we conduct sufficient market research for new development businesses, the initial plans may not be achieved depending on rapid changes in market conditions, which could affect the group's performance.」
For new business formats and brand development, failure to meet the initial plans due to rapid changes in market conditions is identified as a risk.