Information System Failures and IT Investment Payback Risk
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2022.
2 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company also plans to continue making active investments in information systems and strengthening the stable operation of its computer systems and network infrastructure. However, these investments may not directly lead to higher earnings, and if they fail to generate returns commensurate with the investment, the funds invested may not be recovered.」
The company continues to disclose the risk of information system failures and the risk that IT investments may not directly lead to higher earnings and may not be recovered. - FY2021RestatedAnnual report
「The company also plans to continue making active investments in information systems and strengthening the stable operation of its computer systems and network infrastructure. However, these investments may not directly lead to higher earnings, and if they fail to generate returns commensurate with the investment, the funds invested may not be recovered.」
The company continues to disclose the risk of information system failures, as well as the risk that IT investments may not directly lead to higher earnings and may not be recovered. - FY2019RestatedAnnual report
「The company plans to continue making active investments in information systems and strengthening the stable operation of its computer systems and network infrastructure, but these investments may not directly lead to higher earnings.」
The company continues to disclose the possibility of information system failures and the possibility that IT investments may not directly lead to higher earnings and may not be recovered. - FY2018First statedAnnual report
「The Group relies heavily on computer systems and network infrastructure to ensure smooth operations at its business sites throughout Japan. …If computer systems stop operating or network infrastructure fails, this could affect the Group's performance.」
The company discloses the risk of operational stoppages arising from the dependence of business sites throughout Japan on systems and networks, as well as countermeasures involving backup servers and external data centers.