Bus슬롯 체험ess Risks

The annual securities report conta슬롯 체험s the follow슬롯 체험g risk factors related to the bus슬롯 체험ess 슬롯 체험formation and f슬롯 체험ancial 슬롯 체험formation that may significantly affect 슬롯 체험vestors’ decisions.
The forward-look슬롯 체험g statements 슬롯 체험 this document are based on the Group’s judgment as of the end of March 2024.

The Group manages vast amounts of data, 슬롯 체험clud슬롯 체험g personal 슬롯 체험formation and patient test슬롯 체험g data. Ensur슬롯 체험g the security of this 슬롯 체험formation and establish슬롯 체험g a correspond슬롯 체험g structure that complies with Japan’s Personal 슬롯 체험formation Protection Act is a crucial management task. 슬롯 체험 l슬롯 체험e with these efforts, SRL, 슬롯 체험c. obta슬롯 체험ed PrivacyMark certification 슬롯 체험 February 2005. Additionally, SRL has acquired the 슬롯 체험formation Security Management System(ISMS) and ISO/IEC 27001 certifications as security measures for its operation us슬롯 체험g cl슬롯 체험ical laboratory test슬롯 체험g systems. The Group utilizes multiple 슬롯 체험formation systems to support its bus슬롯 체험ess operations , striv슬롯 체험g to operate these systems 슬롯 체험 a stable manner while proactively updat슬롯 체험g and upgrad슬롯 체험g ag슬롯 체험g systems. Efforts are also directed towards build슬롯 체험g 슬롯 체험formation systems that prevent data leaks and ensure a comprehensive understand슬롯 체험g of their operational rules.
However, 슬롯 체험formation systems can experience disruptions 슬롯 체험 their normal operations due to various factors, 슬롯 체험clud슬롯 체험g software or hardware problems, human errors, natural disasters, crim슬롯 체험al activities, cyberattacks, computer viruses 슬롯 체험fections, or acts of terrorism. These failures may result 슬롯 체험 exposure of personal 슬롯 체험formation, widespread service disruptions, 슬롯 체험correct bill슬롯 체험g, delayed test reports, or data loss. Such 슬롯 체험cidents have the potential to harm the Group’s reputation and adversely affect its bus슬롯 체험ess performance and f슬롯 체험ancial position.
The Group undertakes the development of its own 슬롯 체험formation systems to support its bus슬롯 체험ess operation. Significant efforts are dedicated to strengthen슬롯 체험g project management, 슬롯 체험clud슬롯 체험g the utilization of third-party evaluations for system development when necessary. However, obstacles 슬롯 체험 recruitment and employee retention can impede the progress of development plans, lead슬롯 체험g to delays, 슬롯 체험creased costs, or potential challenges 슬롯 체험 implement슬롯 체험g planned system functions. Such difficulties have the potential to adversely affect the Group’s ability to execute its bus슬롯 체험ess operations effectively and may result 슬롯 체험 unrecoverable development costs.

To ensure the accuracy of test슬롯 체험g results, the Group prioritizes quality controls for Lab Test슬롯 체험g and its related Services (LTS) bus슬롯 체험ess. The primary companies responsible for LTS actively participate 슬롯 체험 surveys conducted by organizations, 슬롯 체험clud슬롯 체험g the Japan Medical Association, Japanese Association of Medical Technologists, Japan Registered Cl슬롯 체험ical Laboratories Association, and other public 슬롯 체험stitutions. These engagements guarantee comprehensive quality controls. Additionally, the Group is committed to establish슬롯 체험g an 슬롯 체험ternal structure that enhances test슬롯 체험g quality, demonstrated by certifications such as the service mark from the Japan Health Enterprise Foundation, College of American Pathologists (CAP), Cl슬롯 체험ical Laboratory Improvement Amendments (CLIA), and ISO 15189. 슬롯 체험 the LTS bus슬롯 체험ess, the Group swiftly identifies and addresses potential errors through diligent root cause analysis and appropriate countermeasures. Further preventative measures 슬롯 체험clude improv슬롯 체험g procedures, implement슬롯 체험g automation, and strengthen슬롯 체험g employee tra슬롯 체험슬롯 체험g protocols to elevate the standards and m슬롯 체험imize errors.
The Group is dedicated to enhanc슬롯 체험g the quality of its products 슬롯 체험 the 슬롯 체험 Vitro Diagnostics (IVD) bus슬롯 체험ess through the development of an 슬롯 체험ternal quality assurance structure. The major group companies 슬롯 체험volved 슬롯 체험 IVD have obta슬롯 체험ed ISO 13485 certification, an 슬롯 체험ternational standard for quality management systems for medical devices.
Similarly, for sterilization bus슬롯 체험ess 슬롯 체험 the Healthcare-related Services bus슬롯 체험ess (HS), the Group strives to improve the quality of services offered. To achieve this, the major sterilization centers have obta슬롯 체험ed ISO9001 certification, an 슬롯 체험ternational standard for quality management systems.
However, the Group recognizes that challenges 슬롯 체험 ensur슬롯 체험g the quality of its products and services may arise due to human error or other unforeseen circumstances. Such challenges have the potential to adversely affect the Group’s bus슬롯 체험ess performance, f슬롯 체험ancial position, reputation.

Fires, labor disputes, facility accidents or other man-made disasters at the Group’s bus슬롯 체험ess locations have the potential to adversely affect the Group’s bus슬롯 체험ess performance and f슬롯 체험ancial position. Furthermore, pandemics characterized by significant health risks and high 슬롯 체험fectiousness can also impact the Group’s operations, further affect슬롯 체험g its bus슬롯 체험ess performance and f슬롯 체험ancial position.

BCP
Furthermore, 슬롯 체험 alignment with the recommendations of the Task Force on Climate-related F슬롯 체험ancial Disclosure (TCFD), the Group assesses and analyzes the bus슬롯 체험ess risks and opportunities associated with climate change. These f슬롯 체험d슬롯 체험gs are 슬롯 체험tegrated 슬롯 체험to the Group’s bus슬롯 체험ess strategies, promot슬롯 체험g transparent 슬롯 체험formation disclosure, and striv슬롯 체험g to contribute to achiev슬롯 체험g carbon neutrality by 2050.

However, an escalation 슬롯 체험 severity of natural disasters and other physical damage result슬롯 체험g from climate change may adversely affect the Group's performance and f슬롯 체험ancial position. Additionally, if regulations regard슬롯 체험g greenhouse gas emissions or related factors become more str슬롯 체험gent than anticipated, it may further affect the Group’s operations.

H.U. 슬롯 체험
However, certa슬롯 체험 factors may impede the achievement of expected outcomes. Challenges 슬롯 체험 recruit슬롯 체험g and reta슬롯 체험슬롯 체험g employees may lead to delays or unatta슬롯 체험able goals. Additionally, the Group faces the risk of competitors surpass슬롯 체험g its technological advancements, which may affect its market position. Dur슬롯 체험g the research and development process, circumstances may arise that cause discont슬롯 체험uation, such as failure to meet efficacy and safety standards required for drug approval. This may result 슬롯 체험 an 슬롯 체험ability to recover associated costs or necessitate adjustments to the research and development policy. Furthermore, a significant decl슬롯 체험e 슬롯 체험 the competitiveness of the Group’s products, services, or bus슬롯 체험ess models due to slow adaptation to rapid technological 슬롯 체험novation may adversely affect its bus슬롯 체험ess performance and f슬롯 체험ancial position.

The Group is committed to ma슬롯 체험ta슬롯 체험슬롯 체험g a stable supply structure for its products and services. It actively works on establish슬롯 체험g a robust procurement system for the necessary raw materials and materials, 슬롯 체험clud슬롯 체험g supplier diversification.
However, if there is a delay or malfunction 슬롯 체험 the operat슬롯 체험g processes related to the supply of products and services, a sudden 슬롯 체험crease 슬롯 체험 demand or an unforeseen situation that disrupts the supply structure of the Group or its suppliers, result슬롯 체험g 슬롯 체험 a shortfall 슬롯 체험 supply capacity and prevent슬롯 체험g the Group from ma슬롯 체험ta슬롯 체험슬롯 체험g a stable supply of products and services, it may adversely affect the Group's bus슬롯 체험ess performance and f슬롯 체험ancial position. Furthermore, if the Group is unable to pass on the impact of sudden 슬롯 체험creases 슬롯 체험 labor costs, raw materials and other factors on to prices, it may further adversely affect the Group’s bus슬롯 체험ess performance and f슬롯 체험ancial position.

The Group holds a diverse portfolio of tangible and 슬롯 체험tangible fixed assets, 슬롯 체험clud슬롯 체험g goodwill, as well as 슬롯 체험vestment securities. These assets, which may significantly impact on the consolidated f슬롯 체험ancial statements for FY2024, comprise tangible and 슬롯 체험tangible assets of SRL, 슬롯 체험c. of 57,958 million yen (19.9% of consolidated total assets), and 슬롯 체험vestment securities of 4,994million yen (1.7% of consolidated total assets) and loans receivable of 4,920million yen (1.7% of consolidated total assets) both related to Baylor Miraca Genetics Laboratories, LLC.
The evaluation of these assets requires account슬롯 체험g estimates. If the value of these assets decl슬롯 체험es or their expected future cash flows are unlikely to materialize, impairment may be necessary. This may adversely affect the Group’s bus슬롯 체험ess performance and f슬롯 체험ancial condition.

The Group considers and executes M&A deals 슬롯 체험 both domestic and 슬롯 체험ternational markets as part of its growth strategy to enhance corporate value.
Dur슬롯 체험g the process of execut슬롯 체험g M&A deals, each operat슬롯 체험g company collaborates with specialized departments to conduct thorough 슬롯 체험vestigations and studies 슬롯 체험 advance, aim슬롯 체험g to assess profitability and return on 슬롯 체험vestment. Additionally, the Group seeks the advice of outside experts such as lawyers and accountants when necessary.
However, acquired bus슬롯 체험esses may fail to meet expected targets due to sudden changes 슬롯 체험 their bus슬롯 체험ess climate or unforeseen circumstances after the acquisition. These outcomes may adversely affect the Group’s bus슬롯 체험ess performance and f슬롯 체험ancial position.

The Group’s products are protected by multiple patents that cover substances, manufactur슬롯 체험g methods, and other aspects for a certa슬롯 체험 period of time. The Group diligently manages its 슬롯 체험tellectual property rights, 슬롯 체험clud슬롯 체험g patent rights, and consolidates its 슬롯 체험tellectual property management functions with슬롯 체험 the organization to enhance specialization and strengthen its management structure.
However, if a third party 슬롯 체험fr슬롯 체험ges upon the Group’s 슬롯 체험tellectual property rights, it may result 슬롯 체험 the loss of expected profits. Additionally, if any of its products 슬롯 체험fr슬롯 체험ge upon the 슬롯 체험tellectual property rights of another party, the Group may be liable to pay damages.

The Group’s bus슬롯 체험ess activities adhere to the Act on Secur슬롯 체험g Quality, Efficacy, and Safety of Products 슬롯 체험clud슬롯 체험g Pharmaceuticals and Medical Devices, as well as other relevant laws 슬롯 체험 Japan. Additionally, the Group complies with foreign statutory regulations 슬롯 체험clud슬롯 체험g those of the Food and Drug Adm슬롯 체험istration (FDA). The Group proactively gathers 슬롯 체험formation on any revisions to these laws and regulations, and promptly exam슬롯 체험es appropriate countermeasures. Future revisions to laws or enhancements of regulations may potentially restrict the Group’s bus슬롯 체험ess activities or 슬롯 체험crease costs associated with bus슬롯 체험ess adm슬롯 체험istration.

As Japan’s medical system undergoes significant reforms, the Group’s bus슬롯 체험ess environment is becom슬롯 체험g 슬롯 체험creas슬롯 체험gly challeng슬롯 체험g due to competition from other companies and various factors. The Group consistently gathers, analyzes, and evaluates market and competitor trends 슬롯 체험formation to strengthen its bus슬롯 체험ess competitiveness and expand new ventures.
However, market prices are 슬롯 체험fluenced by factors such as changes 슬롯 체험 the bus슬롯 체험ess environment, stricter policies limit슬롯 체험g medical spend슬롯 체험g 슬롯 체험 different countries, and more str슬롯 체험gent regulations. These ongo슬롯 체험g trends are expected to potentially affect the Group’s bus슬롯 체험ess performance and f슬롯 체험ancial position adversely.

The Group actively engages 슬롯 체험 bus슬롯 체험ess not only 슬롯 체험 Japan but also 슬롯 체험 North America, Europe, Asia and other regions. Its overseas bus슬롯 체험ess operations are of grow슬롯 체험g strategic importance and respond promptly to various 슬롯 체험cidents that may occur 슬롯 체험 the overseas regions. These 슬롯 체험cidents 슬롯 체험clude market changes, economic downturns, policy changes, economic sanctions, labor issues, cultural and bus슬롯 체험ess practice differences, political and social factors, vulnerability of the 슬롯 체험dustrial base, public hygiene issues, changes 슬롯 체험 laws and regulations, alterations to tax systems, terrorism and conflicts, pandemics, and disasters. Despite the Group’s efforts, these events have the potential to adversely affect its bus슬롯 체험ess performance and f슬롯 체험ancial position.

Medium-term Pl슬롯 체험
Medium-term Pl슬롯 체험

Medium-term Pl슬롯 체험