Risk to earnings from overseas economic conditions, restrained systems investment and intensifying competition
First written in FY2016. 10 of 18 entries say "Restated". Latest entry: FY2026.
Jtp moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 17 of 37 companies on the "Worse" side.
53 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The information services industry to which the Company belongs faces intensifying competition not only among companies specializing in IT services, but also from the entry of overseas companies and companies from other industries.」
The company continues to disclose intensifying competition from the entry of overseas companies and companies from other industries, changes in customers' IT investment needs and price competition as profitability risks. - FY2026-H1RestatedAnnual report
「Japan's economy during the interim accounting period faced an uncertain outlook amid risks of downward pressure from US trade policy and the impact of continued price increases on personal consumption. In the ICT services market, however, DX-related investment remained active, and customer-company investment continued to expand across a broad range of industries.」
The company describes downside risks to the economy and an uncertain outlook arising from US trade policy and rising prices. It also notes the continuing expansion of DX-related investment. - FY2025-H1RestatedAnnual report
「Close attention must be paid to risks from a downturn in overseas economies, including the continued high interest-rate levels in Europe and the United States and concerns about the outlook for China's economy, as well as the impact of volatility in financial and capital markets.」
The company describes downturns in overseas economies, high interest rates in Europe and the United States, the outlook for China's economy and volatility in financial and capital markets as external-environment risks. It also states that there have been no new risks or significant changes regarding business and other risks. - FY2024RestatedAnnual report
「Although Japan's economy was on a moderate recovery path during the fiscal year, the outlook remained uncertain amid concerns about the impact of rising prices, instability in international affairs and downside risks to the economy associated with global monetary tightening.」
The company continues to describe an uncertain external environment, including rising prices, instability in international affairs and downside risks to the economy from monetary tightening. - FY2023WorsenedAnnual report
「During the consolidated fiscal year, the economic environment remained uncertain, reflecting unstable global conditions, inflation and the rapid depreciation of the yen.」
The company disclosed an uncertain external environment, including inflation and the rapid depreciation of the yen, in addition to the existing geopolitical risks and other factors. - FY2023-Q3WorsenedAnnual report
「The global economy continued to experience supply-chain disruptions due to the prolonged geopolitical risks surrounding Russia and Ukraine, a chronic semiconductor shortage, and soaring resource and raw-material prices. The outlook remained extremely uncertain, with the yen weakening continuously before appreciating rapidly.」
The description has become more specific regarding the extremely uncertain external environment, adding the chronic semiconductor shortage, soaring resource and raw-material prices, supply-chain disruptions and exchange-rate volatility to the existing geopolitical risks. - FY2022ReframedAnnual report
「Geopolitical risks, including political disorder arising from war, terrorism, conflict or other factors, as well as labor issues and diseases arising from differences in culture and customs, may affect the Group's business and financial results.」
In addition to intensifying competition and IT investment-environment risks, the description has been expanded to cover risks arising from overseas conditions, including geopolitical risks related to war and conflict, labor issues, diseases and delays in the receipt of components. - FY2021-Q2ReframedAnnual report
「In the information services industry, corporate appetite for IT investment is increasing, including systems investment related to digital transformation (DX), such as AI and IoT, and the introduction of services enabling contactless and non-face-to-face operations. At the same time, it is necessary to closely monitor domestic economic trends amid the prolonged impact of COVID-19, as well as future infection risks and the impact of a resurgence in infections.」
The description has been reorganized from one showing both a downturn in capital investment and accelerating DX investment to one that also notes rising appetite for IT investment in DX and contactless services, together with caution regarding the prolonged pandemic and a resurgence in infections. - FY2021-Q1ReframedAnnual report
「During the first quarter consolidated cumulative period, Japan's economy remained in a situation requiring close attention, with concerns that the COVID-19 pandemic could dampen corporate capital investment. In the information services industry, while there were concerns that the pandemic could dampen corporate capital investment, IT investment aimed at building new business models through digital transformation (DX) could also accelerate.」
The description of the economic and IT investment environment risks has been reorganized to cover both the risk of a downturn in capital investment due to COVID-19 and the potential acceleration of DX investment. - FY2020ReframedAnnual report
「The information services industry to which the Group belongs faces intensifying competition not only among companies specializing in IT services, but also from the entry of overseas companies and companies from other industries.」
The description has been reorganized from one centered on overseas economic conditions and the expected contraction of the IT infrastructure market to include risks from intensifying competition due to the entry of overseas companies and companies from other industries, as well as changes in customers' IT investment needs. - FY2020-Q2RestatedAnnual report
「In the global economy, uncertainty increased and the outlook remained unclear due to factors including the continuing US-China trade friction, the UK's withdrawal from the EU and growing tensions in the Middle East.」
Uncertainty in the global economy arising from US-China trade friction, the UK's withdrawal from the EU and conditions in the Middle East continues to be described. - FY2020-Q1RestatedAnnual report
「In the global economy, uncertainty increased and the outlook remained unclear due to factors including the continuing US-China trade friction, the UK's withdrawal from the EU and growing tensions in the Middle East.」
Uncertainty in the global economy arising from US-China trade friction, the UK's withdrawal from the EU and conditions in the Middle East continues to be described as an external-environment risk. - FY2019RestatedAnnual report
「The IT services market was expected to remain solid through the fiscal year ending March 2020, but a contractionary trend in the IT infrastructure market thereafter was already foreseeable.」
The market environment outlook remains that conditions will be solid through the fiscal year ending March 2020, followed by a contraction in the IT infrastructure market. - FY2018ReframedAnnual report
「The information services industry in the fiscal year ending March 2019 was expected to remain solid until the 2020 Tokyo Olympic and Paralympic Games, but a contractionary trend in the IT infrastructure market thereafter was already foreseeable.」
The focus has shifted from the previous description centered on overseas economic conditions, restrained corporate IT investment and intensifying competition to the medium-term market-environment risk of a contraction in the IT infrastructure market from 2020 onward. - FY2017RestatedAnnual report
「On the other hand, Japan's economy faced the risk of being pushed down by downturns in China and other emerging Asian economies and resource-producing countries, while the outlook for the overseas economy remained uncertain due to issues including the UK's withdrawal from the EU and the inauguration of the Trump administration in the United States. In the information services industry, although companies continue to take a cautious stance toward investment in information systems,」
The company continues to disclose uncertainty in the overseas economy and companies' cautious stance toward investment in information systems as business-environment risks. - FY2017-Q2RestatedAnnual report
「In the information services industry, although companies continue to take a cautious stance toward investment in information systems, there is strong interest in how to effectively use advanced ICT technologies to create systems and services that support corporate growth and other objectives.」
The continued cautious stance of companies toward investment in information systems is recognized as part of the business environment. - FY2017-Q1RestatedAnnual report
「In the information services industry, although companies continue to take a cautious stance toward investment in information systems,」
The continued cautious stance of companies toward investment in information systems is recognized as part of the business environment. - FY2016First statedAnnual report
「In the information services industry, there are concerns about the risk of companies affected by the foregoing factors restraining systems investment. Over the medium term, however, demand for infrastructure investment ahead of the 2020 Tokyo Olympics and business opportunities such as the use of the Internet of Things (IoT) are expected. At the same time, the competitive environment is intensifying, and we expect the difficult conditions for maintaining profitability to continue.」
The company disclosed external economic conditions, restrained corporate IT investment and intensifying competition as concerns affecting profitability.