IT Obsolescence and Additional Investment
First written in FY2016. 3 of 8 entries say "Restated". Latest entry: FY2026.
Gurunavi moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「If the distinctiveness and competitive advantages of the Group are impaired by the commoditization, or generalization, of the information assets it has accumulated, this may have a material impact on the Group's medium- to long-term growth base and financial condition.」
The company expanded the existing risks of IT technology obsolescence and additional investment to include investment in generative AI, technical debt, and the loss of distinctiveness and competitive advantage resulting from the commoditization of information assets. - FY2025MitigatedAnnual report
「With particular regard to generative AI technology, the company has established a specialist organization, a CoE (Center of Excellence), in light of its rapid evolution and is promoting initiatives across the Group under top management. In evaluating and introducing generative AI, the company is proceeding with phased and effective implementation while assessing its applicability to services and operations.」
As a response to the risks of IT technology obsolescence and additional investment, the company established a specialist generative AI organization and is proceeding with evaluation and implementation across the Group on a phased basis. - FY2024WorsenedAnnual report
「With particular regard to generative AI technology, the company is actively evaluating and introducing it in light of its rapid evolution. However, because IT technology is advancing rapidly, if technology already introduced becomes outdated, investment costs for developing and introducing network equipment and software may exceed expectations, affecting performance.」
In addition to the existing risk of IT technology obsolescence, the company explicitly identified the evaluation and introduction of rapidly evolving generative AI technology and the possibility of related additional investment. - FY2022MitigatedAnnual report
「Accordingly, the company is working to keep abreast of the latest technology trends at all times and to secure the funds needed to invest promptly in the latest technologies when necessary.」
In response to the risks of IT technology obsolescence and additional investment, the company identified monitoring technology trends and securing investment funds as countermeasures. - FY2020RestatedAnnual report
「Because IT is advancing rapidly, if new technologies with high future utility emerge, the technologies currently in use may become obsolete. Investment in the development or introduction of network equipment, software, and other items may then increase more than expected, affecting performance.」
The company continues to disclose the risks of IT technology obsolescence and the burden of additional investment. - FY2019RestatedAnnual report
「Because IT is advancing rapidly, if new technologies with high future utility emerge, the technologies currently in use may become obsolete. Investment in the development or introduction of network equipment, software, and other items may then increase more than expected, affecting performance.」
The company continues to disclose the risks of IT technology obsolescence and the burden of additional investment. - FY2018RestatedAnnual report
「Because IT is advancing rapidly, if new technologies with high future utility emerge, the technologies currently in use may become obsolete. Investment in the development or introduction of network equipment, software, and other items may then increase more than expected, affecting performance.」
The company continues to disclose the risks of IT technology obsolescence and the burden of additional investment. - FY2016First statedAnnual report
「Because IT is advancing rapidly, if new technologies with high future utility emerge, the technologies currently in use may become obsolete. Investment in the development or introduction of network equipment, software, and other items may then increase more than expected, affecting performance.」
The company identifies technology obsolescence and the resulting investment burden associated with IT as a core business platform as risks.