Cost Burden and Failure to Achieve Expected Results from Large-Scale Capital Investment
First written in FY2018. 15 of 18 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 10 of 25 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「When making investments, our group verifies the risks and business viability in advance and makes investment decisions based on comprehensive management judgment, including referring the matter to the Management Committee, Executive Committee and Board of Directors.」
Specified advance verification and decision-making by the Management Committee, Executive Committee and Board of Directors as measures to address large-scale capital investment risk. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
Stated that there had been no material change regarding the principal risks, including the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
Stated that there had been no material change regarding the principal risks, including the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Stated that there had been no material change regarding the principal risks, including the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Stated that there had been no material change regarding the principal risks, including the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
Stated that there had been no material change regarding the principal risks, including the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Stated that there had been no material change regarding the principal risks, including the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Stated that there had been no material change regarding the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2021MitigatedAnnual report
「When making investments, our group verifies the risks and business viability in advance and makes investment decisions under management oversight, including referring the matter to the Management Committee and the Board of Directors.」
Specified advance verification of risks and business viability and decision-making by the Management Committee and the Board of Directors as measures to address the risks of large-scale capital investment. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Stated that there had been no material change regarding the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」
Stated that there had been no material change regarding the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」
Stated that there had been no material change regarding the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」
Stated that there had been no material change from the previous fiscal year regarding the cost burden from large-scale capital investment and failure to achieve the expected results. - FY2019RestatedAnnual report
「Given the nature of the gas business, implementing large-scale capital investment to expand operations or increase production may increase the cost burden and temporarily affect performance.」
Continued to disclose the risks of the cost burden from large-scale capital investment, failure to achieve the expected results, and increased reliance on interest-bearing debt. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no material changes from the previous fiscal year regarding the cost burden and failure to achieve expected results from large-scale capital investment. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no material changes from the previous fiscal year regarding the cost burden and failure to achieve expected results from large-scale capital investment. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no material changes from the previous fiscal year regarding the cost burden and failure to achieve expected results from large-scale capital investment. - FY2018First statedAnnual report
「Given the nature of the gas business, large-scale capital investment to expand operations or increase production may increase the cost burden and temporarily affect business performance. In addition, if such capital investment fails to produce the expected results due to subsequent changes in economic conditions or other factors, the Group's reliance on interest-bearing debt may increase.」
The disclosure covered the temporary cost burden from large-scale capital investment, failure to achieve expected investment results and increased reliance on interest-bearing debt.