Lower profit margins if growth in the e-commerce solutions business is constrained
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if the software IT market, the e-commerce market and other markets fail to grow as much as the group expects and growth in the e-commerce solutions business is consequently constrained, profit margins could decline and the group's performance could be adversely affected.」
The risk of lower profit margins if growth in the EC solutions business falls below expectations continues. - FY2019First statedAnnual report
「However, if the software IT market, the e-commerce market and other markets fail to grow as much as the group expects and growth in the e-commerce solutions business is consequently constrained, profit margins could decline and the group's performance could be adversely affected.」
The risk that slower-than-expected market growth could constrain the e-commerce solutions business and reduce profit margins was initially disclosed as a standalone risk.