Risk of Delays and Failure to Meet Plans in the Development of New Products and Services
First written in FY2017. 1 of 3 entries say "Reframed", first in FY2018. Latest entry: FY2021.
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「We always prepare a project budget, estimate as accurately as possible the sales volume and amount that the product or service can generate over its lifetime, and establish prospects for recovering direct costs such as planned development, manufacturing, sales promotion and advertising expenses and generating a profit. We then implement the project in line with the plan and have established a framework for regularly checking its progress.」
For the risk of failing to meet plans for new products and services, it has established a mechanism covering project budgets, lifetime sales estimates, expected cost recovery, and progress checks. - FY2018ReframedAnnual report
「We are currently actively introducing new products and services suited to the times. However, delays in development, increased costs, an inability to continue development, or failure to achieve sales plans due to the impact of competing products and services offered by third parties as a result of technological innovation or changes in user needs may have a material effect on our group's performance.」
In addition to the existing risks of development delays, cost increases and failure to meet plans, it expressly identifies competing products and services offered by third parties and changes in user needs as risk factors. - FY2017First statedAnnual report
「We are currently actively introducing new products and services suited to the times. However, delays in development, increased costs, an inability to continue development, or failure to achieve sales plans may affect our group's performance.」
It identifies delays in developing new products and services, cost increases, suspension of development, and failure to meet sales plans as factors that may affect performance.