Financial Industry Becomes More Cautious About IT Investment Against the Backdrop of Negative Interest Rates

「In the financial sector, the company has built a strong track record in developing mission-critical core systems, including contract-management systems for life and non-life insurers and accounting systems for banks. In recent years, related projects have steadily increased in response to growing demand for DX initiatives such as cloud migration and system migration.」

「In the financial sector, the company develops core systems for life and non-life insurers and banks. In addition to long-term systems development for policy administration and core banking systems, demand for DX-related projects, including cloud migration and new services to improve customer experience, increased, and the business remained firm.」

「In the financial sector, the company develops core systems for life and non-life insurers and banking customers. In addition to long-term development work for contract-management and accounting systems, revenue is growing as inquiries for DX-related projects, including core-system cloud migration and host migration, increase.」

「In the financial sector, the company develops core systems for life and non-life insurers and banking customers. In addition to long-term development work for contract-management and accounting systems, revenue is growing as the company expands its scope into DX-related projects, including core-system cloud migration and host migration.」

「In the financial sector, the company develops core systems for life and non-life insurers and banks. In addition to long-term development work for policy administration and core banking systems, it is expanding its scope to DX projects such as internet banking and AI-enabled application development, driving higher revenue.」

「The financial sector has remained resilient, centered on maintenance and development work for life and non-life insurers and banking customers. In new business development, the company is expanding into DX-related projects such as internet banking development and data-utilization platforms, and is focusing on further growth.」

「The financial sector has remained resilient, centered on maintenance and development projects for life and non-life insurers and banking customers. In new business development, the company is expanding into DX-related projects such as internet banking development and data-utilization platforms, and will focus on further growth.」

「In new business development in the financial sector, the company has been increasingly involved in new projects, including DX-related proof-of-concept and verification projects and projects under consideration to renew core systems, and the business is beginning to recover. However, customers have not yet moved into a full-scale IT investment phase because of continued uncertainty resulting from the impact of the COVID-19 pandemic, and a full recovery has not yet been achieved.」

「In the existing financial business, the decline in inquiries for new projects and their delays and suspensions continued, but the recovery trend persisted, with orders and increased staffing in some public-sector and maintenance projects.」

「In the existing financial business, the decline in inquiries for new projects and their delays and suspensions due to the spread of COVID-19 continued, but signs of recovery emerged in some areas, including orders for public-sector projects and increased staffing for maintenance projects.」

「In the existing financial business, staffing levels for maintenance and development projects for life and non-life insurers and banks were maintained, but the decline in inquiries for new projects and their delays and suspensions due to the spread of COVID-19 continued. The business therefore strengthened web-based sales and pursued orders using web seminars and other methods, centered on new business-system development and infrastructure-construction projects, including cloud projects.」

「In the existing financial business, maintenance and development projects for life and non-life insurers and banks progressed with staffing levels maintained. However, the spread of COVID-19 delayed or suspended new projects, so the sales approach was changed from in-person and face-to-face sales to web-based sales, and order-taking activities were pursued using web seminars and other methods, centered on new business-system development and infrastructure construction, including cloud projects.」

「The existing financial business performed steadily as large-scale insurance-system development entered its winding-down phase after reaching its peak, while orders for new financial, insurance, infrastructure and business-system development also progressed.」

「The existing financial business performed steadily as new financial, insurance and business-system development continued to progress smoothly, although large-scale insurance-system development reached its peak.」

「The existing financial business performed steadily as large-scale insurance-system development continued from the previous fiscal year and new financial, insurance and business-system development progressed smoothly.」

「The existing financial business performed steadily, supported by the continuation of large-scale insurance-system development from the previous fiscal year and orders for new financial, insurance and business-system development.」

「The existing financial business continued to perform steadily, supported by the expansion of large-scale insurance-system development and infrastructure-construction projects.」

「The existing financial business performed steadily, supported by continued expansion of large-scale insurance-system development and infrastructure-construction projects, even as payment-system development was brought to completion and moved toward the maintenance phase.」

「The business performed steadily as it secured additional orders for insurance-system development from existing customers and continued shifting into new areas such as payment systems.」

「The business performed steadily as it secured additional orders for insurance-system development from existing customers and continued shifting into new areas such as payment systems.」

「The business has continued to perform steadily, securing additional orders from existing customers for regulatory revisions and quality-enhancement projects involving insurance and banking systems.」

「As development and maintenance work for conventional financial systems declines, the business is securing new orders by taking on new inquiries, including projects to strengthen quality in the insurance and banking sectors.」

「The business reported lower revenue and earnings because large projects were concentrated in the previous fiscal year. As development and maintenance work for financial systems declined, partly because of the impact of negative interest rates, the business expanded within existing customers and pursued new projects centered on collaboration among internal divisions. As a result, revenue was ¥4,207 million, down 18.9% year on year, and operating profit was ¥596 million, down 14.3%.」

「IT investment across the financial industry remains cautious, partly because of the impact of negative interest rates. As development and maintenance work for financial systems declines, the business is expanding within existing customers and pursuing new projects centered on collaboration among internal divisions.」

「IT investment across the financial industry remains cautious, partly because of the impact of negative interest rates. As budgets for large insurance-related projects are being executed later than planned, the company is seeking to expand within existing customers and continue winning orders for ongoing projects.」

「Although IT investment across the financial industry remains cautious partly because of the impact of negative interest rates, robust IT investment is expected in the insurance sector to strengthen sales and distribution channels.」