Impact of Government Agency and University Budget Cuts and Consumption Trends on Orders and Earnings
First written in FY2017. 15 of 17 entries say "Restated". Latest entry: FY2027-H1.
3 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no occurrences of matters relating to the business and financial positions described in this interim report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year. There are also no material events or conditions to report.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2022RestatedAnnual report
「Although this risk has materialized in part, the Group will seek to expand earnings by promoting detailed product policies and greater operational efficiency through the use of IT.」
The document states that changes in demand and consumer trends resulting from the introduction of online classes and store closures have partially materialized, and that the Group is responding through the use of IT and greater operational efficiency. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2021MaterialisedAnnual report
「In the current consolidated fiscal year in particular, the requests for businesses to voluntarily suspend operations and for consumers to refrain from going out, following the spread of COVID-19 and the issuance of a state of emergency, had an extremely significant impact on the economy and brought about changes in lifestyles. The Group was also affected by changes in demand in the education and academic market resulting from the introduction of online university classes, as well as temporary store closures and shortened operating hours. This risk has materialized in part.」
The risks relating to government agency and university budgets and consumer trends are stated to have partially materialized through changes in demand in the education and academic market due to online classes, and store closures and shortened operating hours. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2020RestatedAnnual report
「If government agency or university budgets are cut in the future, intensified competition for orders beyond expectations could affect the Group's business results and financial condition.」
The impact of government agency and university budget trends, and intensified competition for orders following budget cuts, on business results and financial condition remains a full-year risk. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts and intensified competition for orders on business results and financial condition. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts, and the resulting intensification of competition for orders, on business results and financial condition. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the impact of government agency and university budget cuts, and the resulting intensification of competition for orders, on business results and financial condition. - FY2018RestatedAnnual report
「Government agency budgets are determined by national and local government policies, while university budgets are similarly determined under the influence of basic policies and various subsidy and support programs of the Ministry of Education, Culture, Sports, Science and Technology and other authorities. If government agency or university budgets are cut in the future, intensified competition for orders beyond expectations could affect the Group's business results and financial condition.」
The impact of government agency and university budget trends, and intensified competition for orders following budget cuts, on business results and financial condition continues to be identified as a full-year risk. - FY2017First statedAnnual report
「The Group sells books to the public and academic education markets, centered on public and school libraries operated mainly by government agencies and universities, creates and sells bibliographic data, and provides outsourced library management services. Its business is affected by government agency and university budget trends. Government agency budgets are determined by national and local government policies, while university budgets are similarly determined under the influence of basic policies and various subsidy and support programs of the Ministry of Education, Culture, Sports, Science and Technology and other authorities. If government agency or university budgets are cut in the future, intensified competition for orders beyond expectations could affect the Group's business results and financial condition.」
Budget trends in the public library, school library and university markets, together with the intensification of competition for orders when budgets are cut, are identified as risks to business results and financial condition.