Cost-reduction demands from customers during economic downturns
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 17 of 37 companies on the "Worse" side.
53 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Customers' tendency to restrain IT investment due to deteriorating business confidence and corporate earnings, among other factors, has resulted in greater demands regarding costs and stricter assessments of the effectiveness of IT investment, creating downward pressure on the sales prices of the systems and services handled by the Group, which could affect the Group's operating results and financial position, among other matters.」
The company continues to identify the risk that customers' restraint of IT investment could lead to demands for lower costs and downward pressure on sales prices. - FY2020ReframedAnnual report
「Customers' tendency to restrain IT investment due to deteriorating business confidence and corporate earnings, among other factors, has resulted in greater demands regarding costs and stricter assessments of the effectiveness of IT investment, creating downward pressure on the sales prices of the systems and services handled by the Group,」
The company explains the conventional expression of customers' demands for cost reductions in terms of restrained IT investment, stricter assessments of investment effectiveness, and downward pressure on sales prices. - FY2019RestatedAnnual report
「However, during the transition to the new system, the company may be unable to meet these demands for cost reductions, which could affect the Group's performance.」
The company continues to disclose the risk that its performance may be affected if it cannot meet customers' demands for cost reductions. - FY2018RestatedAnnual report
「However, during the transition to the new system, the company may be unable to meet these demands for cost reductions, which could affect the Group's performance.」
The company continues to disclose the risk that its performance may be affected if it cannot meet customers' demands for cost reductions. - FY2017RestatedAnnual report
「However, during the transition to the new system, the company may be unable to meet these demands for cost reductions, which could affect the Group's performance.」
The company continues to disclose the risk that its performance may be affected if it cannot meet customers' demands for cost reductions. - FY2016First statedAnnual report
「However, during the transition to the new system, the company may be unable to meet these demands for cost reductions, which could affect the Group's performance.」
The company describes its ability to respond to overseas IT companies' quality and pricing demands while disclosing the risk of being unable to respond during the transition to the new system.