Risks of Delayed Monetization and Investment Recovery in New Businesses
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「It is expected to take some time for the new business to generate stable earnings. As a result, it may reduce the profit margin of the Group as a whole.」
The potential for delays in monetising the new business, lower profit margins, insufficient recovery of investments and impairment of solar power generation facilities continues. - FY2024RestatedAnnual report
「It is expected to take some time for the new business to generate stable earnings. As a result, it may reduce the profit margin of the Group as a whole.」
The potential for delays in monetising the new business, insufficient recovery of investments and impairment of solar power generation facilities continues to be noted. - FY2022RestatedAnnual report
「If the management and operation of the electricity sales business for solar power generated in Kitahiroshima, Hokkaido, Tagajo, Miyagi, and other locations fails to progress as planned due to a significant deterioration in the business environment or other factors, impairment losses on solar power generation facilities may arise.」
The potential for delays in monetising new businesses, including solar power generation, insufficient recovery of investments and impairment losses continues. - FY2021RestatedAnnual report
「It is expected to take some time for the new business to generate stable earnings. As a result, it may reduce the profit margin of the Group as a whole. In addition, if the new business does not progress as planned due to future changes in the business environment or other factors, and the Group is unable to recover sufficient returns on its investment in the new business, this may affect the Group’s performance.」
The potential for delays in monetising the new business, insufficient recovery of investments and lower profit margins continues. - FY2020RestatedAnnual report
「It is expected to take some time for the new business to generate stable earnings. As a result, it may reduce the profit margin of the Group as a whole. In addition, if the new business does not progress as planned due to future changes in the business environment or other factors, and the Group is unable to recover sufficient returns on its investment in the new business, this may affect the Group’s performance.」
The potential for delays in monetising the new business, insufficient recovery of investments and lower profit margins continues. - FY2019RestatedAnnual report
「It is expected to take some time for the new business to generate stable earnings. As a result, it may reduce the profit margin of the Group as a whole.」
The potential for delays in monetising the new business, insufficient recovery of investments and lower profit margins continues to be noted. - FY2018WorsenedAnnual report
「Among the new businesses currently under way, the management and operation of the solar power generation electricity sales business in Kitahiroshima, Hokkaido, could result in an impairment loss on the solar power plant facilities if performance fails to proceed as planned due to a significant deterioration in the business environment or other factors.」
A specific potential consequence, an impairment loss on solar power plant facilities, has been added to the risks relating to monetization of new businesses and recovery of investment. - FY2016First statedAnnual report
「It is expected to take a certain amount of time for new businesses to generate stable earnings. This could reduce the profit margin of our group as a whole.」
While pursuing new businesses as a means of expanding the earnings base, the company identifies the time required for monetization, lower profit margins and insufficient recovery of investment as risks.