Decline in orders for short-selling services due to economic deterioration
First written in FY2025. 3 of 6 entries say "Restated". Latest entry: 2026-06-18.
No other company in this theme has enough history to compare yet.
- 2026-06-18SoftenedBusiness Plan
「A feature of the company is that it is largely unaffected by economic conditions and market trends」
The company emphasized its explanation that it is relatively insulated from the effects of economic conditions and other factors, as a response to the previously described risk of an economic downturn. - FY2026RestatedAnnual report
「The Group’s consulting services (Short) may be affected by a decline in orders resulting from an economic downturn. Meanwhile, the Group’s consulting services (Long) often continue over extended periods, and because accounting services are an important part of the infrastructure supporting economic activity, the impact of an economic downturn can be minimized. As a result, the Group as a whole has a structure that diversifies its exposure to economic fluctuations.」
The company reiterates that, while the economic sensitivity of Short services is a risk, the continuity of Long services and the infrastructure-like nature of accounting services diversify the overall impact. - FY2026-H1RestatedAnnual report
「The outlook remains uncertain, amid concerns about the impact on the economy of U.S. policy developments and foreign-exchange movements, geopolitical risks in regions including the Middle East and Ukraine, and inflation, including soaring raw-material prices.」
The company describes continued uncertainty arising from economic conditions, foreign exchange, geopolitics, and inflation. It does not state that orders for Short services declined during the interim period. - FY2025First statedAnnual report
「The Group’s consulting services (Short) may be affected by a decline in orders resulting from an economic downturn, which could affect its operating results.」
The company explains that the continuity of Long services and the infrastructure-like nature of accounting services diversify the impact across the Group as a whole.