Forecast deviations and increased burden from capital expenditure accompanying business expansion
First written in FY2022. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 3 of 7 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the actual number of clients and traffic differ materially from the initial forecasts, the timing, content and scale of capital expenditures may have to be changed.」
It reiterates the risk associated with capital expenditures and depreciation resulting from variances from forecasts for the number of clients and traffic. - FY2024RestatedAnnual report
「If the actual number of clients and traffic differ materially from the initial forecasts, the timing, content and scale of capital expenditures may have to be changed.」
It reiterates the risk that variances from forecasts for the number of clients and traffic could lead to changes in the capital expenditure plan and an increased depreciation expense burden. - FY2023RestatedAnnual report
「If the actual number of clients and traffic differ materially from the initial forecasts, the timing, content and scale of capital expenditures may have to be changed.」
It reiterates the risk that variances from forecasts for the number of clients and traffic could lead to changes in the capital expenditure plan and an increased depreciation expense burden. - FY2022First statedAnnual report
「If the actual number of clients and traffic differ materially from the initial forecasts, the timing, content and scale of capital expenditures may have to be changed. If this occurs, an increase in capital expenditures and depreciation expense is anticipated.」
It specifies for the first time the risk that variances from forecasts for the number of clients and traffic could lead to changes in the capital expenditure plan and an increased depreciation expense burden.