Revenue concentration in electronic security services and ongoing capital investment
First written in FY2017. 2 of 4 entries say "Mitigated", first in FY2018. Latest entry: FY2020.
The whole theme swung hardest in 2026: 5 of 29 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「Electronic security services 175,537 38.2」
Electronic security services accounted for 38.2% of revenue, down from 39.6% in the previous fiscal year. The structural concentration of sales in electronic security services remains, although the ratio has declined. - FY2019RestatedAnnual report
「Electronic security services account for approximately 40% of the Group's revenue. If the Group is slow to respond to rapid technological advances, including AI, 5G and IoT, and the resulting changes in business models, its performance could be affected.」
The Group continues to disclose the business structure in which electronic security services account for approximately 40% of revenue and the risk of falling behind technological change. - FY2018MitigatedAnnual report
「Electronic security services account for 39.9% of the Group's revenue.」
The proportion of revenue dependent on electronic security services decreased from 41.3% in the previous fiscal year to 39.9%. However, the risks associated with ongoing capital investment and communications system failures remain. - FY2017First statedAnnual report
「Electronic security services account for 41.3% of the Group's revenue. Operating these services requires ongoing capital investment to build and maintain the infrastructure, including guard centers and standby facilities, vehicles used for electronic security services, and communications systems, in addition to personnel costs for guard center staff and security personnel.」
Electronic security services account for 41.3% of revenue, and the Group identifies as a risk the business structure's need for ongoing capital investment in facilities, vehicles and communications systems.