Intensifying Competition in the IT Industry and the Risk of Being Unable to Keep Pace
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 29 of 58 companies on the "Worse" side.
69 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」
The Company states that there have been no significant changes regarding intensifying competition in the IT industry and the risk of being unable to keep pace. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter consolidated period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」
The Company states that there have been no significant changes regarding intensifying competition in the IT industry and the risk of being unable to keep pace. - FY2022-Q3RestatedAnnual report
「The IT industry is characterised by significant diversification and rapid advances in technology, while customer needs are becoming increasingly sophisticated and diverse. The Company will explore and provide new service formats for system maintenance and operations, application development and solution provision that can respond promptly to changes in the times and customer needs.」
The Company continues to explore and provide new formats for maintenance and operations, application development and solution provision in response to increasingly sophisticated technologies and customer needs. - FY2022-Q1RestatedAnnual report
「The IT industry is characterised by significant diversification and rapid advances in technology, while customer needs are becoming increasingly sophisticated and diverse. The Company will explore and provide new service formats for system maintenance and operations, application development and solution provision that can respond promptly to changes in the times and customer needs.」
The Company continues to address increasingly sophisticated and diverse IT technologies and customer needs by developing and providing new service formats. - FY2021First statedAnnual report
「The business environment surrounding the IT industry changes daily. We need to respond appropriately and promptly while taking into account trends such as increasingly sophisticated cutting-edge technologies, diversifying customer needs and intensifying price competition, and continue to maintain our competitive advantage. The Company will respond to changes in the times and customer needs by providing services in new formats in system development, maintenance and operations, and solution provision; acquiring technologies in growth areas; and strengthening cost competitiveness by using nearshore and offshore operations. However, if changes in the business environment beyond the Company's expectations occur and there are cases in which it is unable to keep pace even with its resources and assets, this may affect its business results and future business development.」
The Company has, for the first time, identified as a standalone risk the impact on business results of failing to keep pace with increasingly sophisticated technologies, customer needs and price competition, or with changes in the business environment beyond its expectations.