Delayed Progress on the Medium-Term Management Policy
First written in FY2016. 1 of 4 entries say "Restated". Latest entry: FY2021.
Tokyo Theatres Company moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2025: 11 of 19 companies on the "Worse" side.
8 other companies' latest entry also says "Materialised".
- FY2021MaterialisedAnnual report
「The formulation of the next medium-term management policy has been postponed by 1 year, and in fiscal 2021 we will proceed after partially revising the current medium-term management policy.」
The delay in progress, namely the postponement of the formulation of the next medium-term management policy, was formally disclosed due to the impact of COVID-19. - FY2018ReframedAnnual report
「The Group formulated the medium-term management policy "Creation and Innovation: Enhancing Earning Power," with fiscal 2018 as the first year and fiscal 2020 as the final year, and is working toward its achievement. However, if an unexpected change in the business environment or other event occurs, the Group's operating results and financial condition may be affected.」
The risk coverage was updated from the former policy for fiscal 2015 to fiscal 2017 to the new policy for fiscal 2018 to fiscal 2020. - FY2017RestatedAnnual report
「The Group formulated the medium-term management policy "Creation and Innovation," with fiscal 2015 as the first year and fiscal 2017 as the final year, and is working toward its achievement. However, if an unexpected change in the business environment or other event occurs, the Group's operating results and financial condition may be affected.」
The risk of delays in implementing the medium-term policy ending in fiscal 2017 continues. - FY2016First statedAnnual report
「The Group formulated the medium-term management policy "Creation and Innovation," with fiscal 2015 as the first year and fiscal 2017 as the final year, and is working toward its achievement. However, if an unexpected change in the business environment or other event occurs, the Group's operating results and financial condition may be affected.」
After indicating the final year of the medium-term policy, the company identifies the risk of delays in progress due to unexpected changes in the environment.