Risk of Unrecoverable Investments in New Businesses and R&D and Losses on Exit
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022.
The whole theme swung hardest in 2026: 19 of 24 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「In March 2022, the company established BMエコモ株式会社, whose main business is providing comprehensive operational support for biomass power plants, with the aim of further expanding and improving business efficiency and speeding up decision-making. It sold the operational support system developed to date to BMエコモ株式会社.」
After advancing BMecomo's R&D spending to a cumulative ¥663 million, the company established BMエコモ and transferred the system to the company, moving the business into the commercialization phase. - FY2021AdvancedAnnual report
「At a September 2018 meeting of the Board of Directors, the company resolved to begin developing a biomass power plant operation support system and incurred R&D expenses of ¥215 million during the fiscal year under review.」
In relation to the risk of failing to recover investments in new businesses and R&D, development of BMecomo continued, with ¥215 million spent during the year and cumulative development costs reaching ¥533 million. Profitability reviews and progress checks by the Investment Committee also continued. - FY2019First statedAnnual report
「In April 2017, the company invested ¥190 million in ホウカンＴＯＫＹＯビジネスサービス株式会社, which provides start-up and operational support for home-visit nursing care businesses. In connection with this investment, the company is exposed to the risk that the invested funds cannot be recovered, that additional losses may arise if it withdraws, and that planned profits may not be achieved.」
For investments in the establishment or acquisition of new companies and in R&D, the company disclosed for the first time, as a standalone item, the risks of failing to recover invested funds, incurring additional losses upon withdrawal, and falling short of planned profits. It cites profitability reviews by the Investment Committee and progress monitoring as countermeasures.