Securing and Expanding Development Resources and Increasing Orders for High-Margin Projects
First written in FY2017-Q3. 8 of 21 entries say "Restated". Latest entry: FY2025-H1.
Quantum Solutions moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Reframed".
- FY2025-H1ReframedAnnual report
「The business is shifting from the electric vehicle (EV) business to AI-related businesses, namely 1) the AI infrastructure business, currently centered on sales of GPU servers, and 2) the AI gaming business, while the AIGC business is being shifted to 3) the AI enterprise solutions business.」
The business focus is becoming more clearly defined, shifting from the previous emphasis on contract system development and EVs to 3 businesses: AI infrastructure, AI gaming and AI enterprise solutions. - FY2024-Q1ReframedAnnual report
「As part of a related business combining 5G and AI technologies, the system solutions business will continue to focus on the electric vehicle (EV) business. We will also consider the potential development of an artificial intelligence-generated content (AIGC: Artificial Intelligence Generated Content) business, apply that technology to the EV business, and aim to improve transportation safety and efficiency.」
The focus is shifting from expanding conventional contract development and internet-related projects to considering the potential development of AIGC centered on the EV business and seeking to apply it to EVs. - FY2023ReframedAnnual report
「In the system solutions business, we believe that systems for internet-based services will become a core source of revenue going forward, and we plan to develop businesses specializing in the internet and mobile communications fields. In particular, we will pursue business partnerships and investments in AI, ChatGPT and AIGC (Artificial Intelligence Generated Content).」
The focus is shifting from expanding conventional contract development and internet-related projects to pursuing partnerships and investments in AI, ChatGPT and AIGC based on the internet and mobile communications. - FY2022SoftenedAnnual report
「In the system solutions business, order intake declined 83.0% and the order backlog declined 79.0% because orders were reduced during the consolidated fiscal year in order to concentrate management resources on the EV business.」
The focus is shifting from expanding orders for conventional contract development and high-margin projects to restraining orders as the Group concentrates on the EV business. It is also stated that all projects have been outsourced. - FY2022-Q1SoftenedAnnual report
「Although we have received orders for system development and are carrying out the development, acceptance and delivery have not been completed, and no revenue was recognized during the first quarter of the current fiscal year. As a result, no revenue was generated.」
Although orders for system development have been received and development is under way, acceptance and delivery have not been completed, so revenue was not recognized and the system solutions business generated no revenue during the quarter. - FY2021AdvancedAnnual report
「Regarding the non-ferrous metals trading-matching business launched during the current fiscal year, the industry is conservative, and the introduction of new systems and other measures has not progressed, so the transition to online trading has not been completed. We aim to complete the transition to online trading as soon as possible.」
The new system development and matching business has been launched, but the industry’s conservative nature has prevented the transition online, making the shift to online trading the next specific challenge. - FY2021-Q1ReframedAnnual report
「In the system solutions business, while seeking to expand revenue through overseas expansion, we are preparing related businesses combining 5G and AI technologies and aim to launch them during the current fiscal year.」
The focus of the system solutions business is shifting from expanding contract development, partnerships and blockchain-related projects to launching a related business combining 5G and AI during the current fiscal year. - FY2020AdvancedAnnual report
「The segment profit margin on revenue in the system solutions business was 73.4%, and we recognize that the business achieved its management target.」
The system solutions business posted a segment profit margin of 73.4%, and it is stated that the business achieved its management target. Going forward, the policy is to increase revenue and the revenue mix through overseas expansion and 5G- and AI-related businesses. - FY2020-Q3RestatedAnnual report
「In this business, we are pursuing and responding to new projects, but this has not yet led to an improvement in performance.」
Measures to pursue and respond to new projects in the system solutions business remain in place, but performance has still not improved, according to the disclosure. - FY2020-Q2RestatedAnnual report
「In this business, we are pursuing and responding to new projects, but this has not yet led to an improvement in performance.」
The policy of pursuing and responding to new projects in the system solutions business remains in place, but performance had not improved as of the current quarter. - FY2020-Q1RestatedAnnual report
「In this business, we are pursuing and responding to new projects, but this has not yet led to an improvement in performance.」
It is stated that the policy of pursuing and responding to new projects in the system solutions business remains in place, but that performance had not improved as of the current quarter. - FY2019AdvancedAnnual report
「The segment profit margin on revenue in the system solutions business was 48.8%, and we recognize that the business achieved its management target. Going forward, based on the expertise accumulated through the launch and operation of cryptocurrency exchanges overseas, we aim to win a broader range of projects, including systems using blockchain, than before,」
The system solutions business, including cryptocurrency exchange system development, posted a segment profit margin of 48.8%, and a policy of pursuing a broader range of projects, including blockchain-related projects, going forward has been outlined. - FY2019-Q3AdvancedAnnual report
「In this business, intersegment revenue increased because we developed a cryptocurrency exchange system for use in the Group's fintech business. However, revenue from external customers declined in contract development due to lost new projects, fewer orders from existing customers and other factors. As a result, revenue was ¥216 million, up 16.9% year on year, accounting for 35.4% of total revenue. Segment profit (operating profit) was ¥145 million, an increase of ¥82 million, or 129.8%, from the same quarter of the previous year.」
Continued development of a cryptocurrency exchange system for the fintech business resulted in higher intersegment revenue. Across the business, revenue was ¥216 million and segment profit was ¥145 million, representing a 129.8% year-on-year increase in profit. - FY2019-Q2AdvancedAnnual report
「In this business, intersegment revenue increased because we developed a cryptocurrency exchange system for use in the Group's fintech business. However, revenue from external customers declined in contract development due to lost new projects and a decrease in orders from existing customers. As a result, revenue was ¥172 million, up 32.3% year on year, accounting for 38.0% of total revenue. Segment profit (operating profit) was ¥111 million, an increase of ¥71 million, or 174.6%, from the same quarter of the previous year.」
Development of a cryptocurrency exchange system for the fintech business was undertaken, resulting in higher intersegment revenue. Across the business, revenue was ¥172 million and segment profit was ¥111 million, representing a 174.6% year-on-year increase in profit, while contract development for external customers declined due to lost new projects and fewer orders from existing customers. - FY2019-Q1RestatedAnnual report
「In the system solutions business, we will work to develop new partners and further strengthen business collaboration with existing partners, enhance research and development into technologies and products that address social needs, and provide high-value-added products and IT solutions.」
Collaboration with new and existing partners, research and development, and the provision of high-value-added products and IT solutions have been reiterated as measures addressing the going-concern assumption. - FY2018RestatedAnnual report
「For contracted system development projects, we worked to secure and expand development resources and focused on increasing orders for projects with high profit margins.」
The company continues to describe efforts to secure and expand development resources and increase orders for high-margin projects. - FY2018-Q3RestatedAnnual report
「In the system solutions business, we will work to develop new partners and further strengthen business collaboration with existing partners, enhance research and development into technologies and products that address social needs, and provide high-value-added products and IT solutions.」
Collaboration with new and existing partners, research and development, and the provision of high-value-added products and IT solutions continue to be described as measures. - FY2018-Q2RestatedAnnual report
「In the system solutions business, we will work to develop new partners and further strengthen business collaboration with existing partners, enhance research and development into technologies and products that address social needs, and provide high-value-added products and IT solutions.」
Collaboration with new and existing partners, research and development, and the provision of high-value-added products and IT solutions continue to be described. - FY2018-Q1RestatedAnnual report
「We will work to develop new partners and further strengthen business collaboration with existing partners, enhance research and development into technologies and products that address social needs, and provide high-value-added products and IT solutions.」
Collaboration with new and existing partners, research and development, and the provision of high-value-added products and IT solutions have been reiterated as measures addressing the going-concern assumption. - FY2017ReframedAnnual report
「We will work to develop new partners and further strengthen business collaboration with existing partners, enhance research and development into technologies and products that address social needs, and provide high-value-added products and IT solutions.」
The focus of initiatives has shifted from expanding development resources and orders for high-margin projects to collaborating with new and existing partners and providing high-value-added products and IT solutions. - FY2017-Q3First statedAnnual report
「In contracted system development projects, we worked to secure and expand development resources and focused on increasing orders for high-margin projects.」
The company first identifies securing and expanding development personnel and resources to increase orders for high-margin projects as a specific measure.