Prolonged New Product Development, Pre-launch Obsolescence, and Defects
First written in FY2017-Q1. 9 of 12 entries say "Restated". Latest entry: FY2026.
Tsuzuki Denki moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「For some software related to our services, we determined that recovery of the investment was not expected because profitability had declined. Accordingly, we reduced the carrying amount to the recoverable amount and recognized the reduction as an impairment loss.」
The risk of software asset obsolescence and declining profitability materialized, and an impairment loss of ¥367 million was recognized. - FY2021ReframedAnnual report
「We seek to differentiate ourselves from competitors and enhance our competitive advantage by leveraging the comprehensive capabilities of our Group to solve customer issues and prevent the solutions we provide from becoming obsolete. We are also working to transform our business structure by modernizing existing assets and expanding innovation.」
The discussion has been reorganized from individual risks involving lengthy new product development, obsolescence before launch and defects into the broader context of business structure transformation, including responses to business environment risks, prevention of solution obsolescence, and modernization of existing assets. - FY2021-Q3RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed. In such cases, these defects may be discovered after new products are launched and shipped.」
The Company continues to disclose the risks of prolonged development of new products and services, increased costs and funding requirements, obsolescence before launch, and defects discovered after completion. - FY2020-Q3RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed. In such cases, these defects may be discovered after new products are launched and shipped.」
The Company continues to identify the risks of prolonged development of new products and services, increased costs and funding requirements, obsolescence before launch, and defects discovered after completion. - FY2020-Q2RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed.」
The Company continues to identify the risks of prolonged development of new products and services, increased costs and funding requirements, obsolescence before launch, and defects discovered after completion. - FY2019RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed.」
The Company continues to identify the risks of prolonged development of new products and services, increased costs and funding requirements, obsolescence before launch, and defects discovered after completion. - FY2019-Q2RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed.」
The Company continues to identify the risks of prolonged development of new products and services, increased costs and funding requirements, obsolescence before launch, and defects discovered after completion. - FY2018-Q3RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed. In such cases, these defects may be discovered after new products are launched and shipped.」
The Company continues to disclose the risks of prolonged development of new products and services, increased costs and funding requirements, obsolescence before launch, and defects discovered after completion. - FY2018-Q2RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs. In such cases, substantial investment may be required before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched.」
The Company continues to identify the risks of prolonged development of new products and services, increased costs and funding requirements, and obsolescence before launch. - FY2017-Q3RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs, and may require substantial investment before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched.」
The Company continues to disclose the risks of prolonged development of new products and services, increased costs and funding requirements, and obsolescence before launch. - FY2017-Q2RestatedAnnual report
「Some development projects may take longer than expected, resulting in the recognition of substantial costs, and may require substantial investment before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched.」
The Company continues to disclose the risks of prolonged development of new products and services, increased costs and funding requirements, and obsolescence before launch. - FY2017-Q1First statedAnnual report
「If reviewing the value chain, including both within and outside the Group, does not accelerate the development of products and services or optimize their life cycles, this may affect the Group's future performance. In addition, some development projects may take longer than expected, resulting in the recognition of substantial costs, and may require substantial investment before accounts receivable are collected. Furthermore, if technologies or standards change during development, the Group's products may become obsolete and lose their commercial viability before being launched. Products may also contain unforeseen defects when completed, which may be discovered after new products are launched and shipped.」
The Company identifies a series of risks related to new product and service development, including prolonged development periods, higher costs and funding requirements, obsolescence before launch due to technological changes, and the discovery of defects after completion.