Surging Outsourcing, Procurement, and Labor Costs Driven by the Financial Bubble
First written in FY2019. 6 of 10 entries say "Worsened", first in FY2022. Latest entry: FY2025.
Systena moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Although uncertainty about the outlook remains due to yen depreciation and higher raw material and other prices, projects aimed at improving productivity, reducing costs and strengthening competitiveness through DX and AI are gradually becoming more active.」
While continuing to recognize uncertainty caused by yen depreciation and higher raw material and general prices, this describes increased activity in projects aimed at improving productivity and reducing costs through DX and AI. - FY2025-H1RestatedAnnual report
「However, the outlook remains uncertain due to the continued impact of surging energy costs and raw material prices resulting from global conditions and foreign-exchange fluctuations.」
We continue to recognize uncertainty in the cost and economic environment resulting from exchange-rate fluctuations, energy costs and soaring raw material prices. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, inflation led to increases in prices and wages, while the shortage of human resources caused by the declining birthrate and aging population also became more serious. We recognize that securing excellent human resources is an urgent priority for our Group as well.」
This describes the worsening shortage of human resources caused by the declining birthrate and aging population, in addition to rising prices and wages, strengthening awareness of risks related to costs and human resources. - FY2024-Q2RestatedAnnual report
「This business, whose principal activities are selling IT-related products to corporate customers and providing systems integration services mainly for foreign-affiliated and mid-sized companies, is seeing a gradual increase in projects aimed at improving productivity, reducing costs and strengthening competitiveness through DX, despite uncertainty about the outlook stemming from yen depreciation, higher resource prices and rising prices.」
While continuing to recognize uncertainty about the outlook due to yen depreciation, higher resource prices and rising prices, this describes increased activity in DX-related projects. - FY2023WorsenedAnnual report
「Stagflation involves rising costs amid declining demand. Believing that improving the productivity of our management resources is vital to securing earnings in such an environment, we have begun implementing various measures.」
In addition to the conventional increases in resource and raw material prices and general prices, this recognizes rising costs amid declining demand as stagflation and reflects heightened awareness of its impact on securing earnings. - FY2023-Q3WorsenedAnnual report
「However, global inflationary pressures resulting from higher resource and raw material prices remain persistent, and concerns about a global recession have increased as central banks in various countries have rapidly raised interest rates.」
In addition to higher resource and raw material prices and global inflation, this describes concerns about an economic downturn caused by rapid interest rate hikes, indicating that risks related to costs and the economic environment are increasing. - FY2023-Q2WorsenedAnnual report
「However, global inflationary pressures resulting from higher resource and raw material prices remain persistent, and central banks in various countries are proceeding with substantial interest-rate hikes despite the risk of undermining economic growth, further increasing uncertainty surrounding the global economy.」
Global inflation and substantial interest rate hikes resulting from higher resource and raw material prices continue to intensify as risks accompanied by rising costs and economic uncertainty. - FY2023-Q1WorsenedAnnual report
「Although uncertainty remains due to higher product prices caused by the conflict in Ukraine and the weaker yen, and delays in product deliveries caused by the semiconductor shortage, companies began resuming activity following the lifting of priority preventive measures against the spread of disease. Projects related to new ways of working in preparation for living with COVID-19, productivity improvements and cost reductions through digital transformation, and strengthening competitiveness have also gradually become more active.」
In addition to increases in outsourcing expenses and procurement costs, this describes higher product prices caused by the conflict in Ukraine and yen depreciation, as well as delivery delays caused by semiconductor shortages. - FY2022WorsenedAnnual report
「Another important element in achieving our goals is presenting alternatives and advancing business negotiations advantageously amid shortages of semiconductors and a wide range of other products caused by further disruption to supply chains resulting from the conflict in Ukraine.」
In addition to the ongoing increases in outsourcing expenses, procurement costs and labor costs, supply chain disruptions associated with the conflict in Ukraine and shortages of products such as semiconductors have become apparent. - FY2019First statedAnnual report
「The issues to be addressed are how to respond to rising outsourcing and procurement costs driven by the financial bubble, as well as rising personnel expenses resulting from labor shortages.」
The Company newly identified rising outsourcing and procurement costs, together with higher labor costs caused by personnel shortages, as issues requiring attention.