Uncertainties associated with new businesses, including the hotel business, and corporate acquisitions
First written in FY2016. 10 of 13 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
1 other company's latest entry also says "Raised".
- FY2022RaisedAnnual report
「In addition to undertaking corporate acquisitions and establishing subsidiaries for purposes including expanding existing businesses, such as the hotel business, which the Group entered in recent years, the Group is newly promoting real estate businesses that use crowdfunding and security tokens.」
The scope of new-business risks has explicitly expanded from hotels and logistics facilities to real estate businesses using crowdfunding and security tokens. - FY2020RaisedAnnual report
「In addition to undertaking corporate acquisitions and establishing subsidiaries for purposes including expanding existing businesses, such as the hotel business and logistics facility development business, which the Group entered in recent years, the Group is newly promoting businesses that use crowdfunding.」
The scope of new-business risks has expanded beyond hotels to include logistics facility development and crowdfunding. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2018RestatedAnnual report
「The Group undertakes corporate acquisitions and establishes subsidiaries for purposes including launching new businesses such as the hotel business and expanding existing businesses. Because entering these businesses and their performance after entry involve various uncertainties, the Group has established internal control systems that anticipate risks to the extent possible, strengthened its human resources and obtained insurance coverage.」
The uncertainties associated with new businesses, including the hotel business, corporate acquisitions and the establishment of subsidiaries, and the responses through internal controls, human resources and insurance are reiterated. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It is expressly stated that there have been no material changes regarding the uncertainties associated with new businesses, including the hotel business, and corporate acquisitions. - FY2016First statedAnnual report
「The Group undertakes corporate acquisitions and establishes subsidiaries for purposes including launching new businesses such as the hotel business and expanding existing businesses. Because entering these businesses and their performance after entry involve various uncertainties, the Group has established internal control systems that anticipate risks to the extent possible, strengthened its human resources and obtained insurance coverage. However, the Group's financial position and operating results may be affected by risks that exceed expectations or changes in laws and regulations.」
The uncertainties associated with new businesses, including the hotel business, corporate acquisitions and the establishment of subsidiaries, and the responses through internal controls, human resources and insurance are described together for the first time.