Investment recovery risk in developing new products and services
First written in FY2018. 2 of 4 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2024.
Saison Technology moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 21 of 48 companies on the "Worse" side.
35 other companies' latest entry also says "Materialised".
- FY2024.Annual report
「As revenue from some services ceased to be expected, we recognised an impairment loss of ¥87 million as an extraordinary loss.」
Revenue from some services ceased to be expected, and the company recognised an impairment loss of ¥87 million. - FY2024-Q1.Annual report
「As revenue from some services ceased to be expected, we recognised an impairment loss of ¥87 million as an extraordinary loss.」
Regarding the investment recovery risk for new products and services, revenue from some services ceased to be expected, and the company actually recognised an impairment loss of ¥87 million. - FY2022.Annual report
「As measures to address this risk, the Group monitors project progress through project-organisation meetings and milestone reviews, establishes relevant rules and promotes modern development practices. Internal specialist committees and management meetings also conduct reviews and share information several times each month on the status of new projects and other matters to understand customer needs.」
As measures against the investment recovery risk for new products and services, the company specifies progress monitoring, milestone reviews, modern development and project reviews several times a month. - FY2018.Annual report
「The Group is investing in software to strengthen and maintain its competitiveness, and capitalises development in progress as “software.” However, if downward revisions to future earnings plans, development delays, cost increases or other factors make it unlikely that the investment recovery plan will meet the original plan, the company may recognise an impairment loss on “software.”」
For software investments in new products and services, the company identifies as a new risk the possibility of failing to recover the investment and recognising an impairment loss due to downward revisions to earnings plans, development delays or cost increases.