Dependence on Domestic Manufacturers’ Business and Investment Trends
First written in FY2025. 5 of 11 entries say "Materialised", first in 2026-04-15. Latest entry: 2026-10-16.
Progress Technologies Group moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 61 of 76 companies on the "Worse" side.
25 other companies' latest entry also says "Worsened".
- FY2026RestatedAnnual report
「Because a substantial portion of the Group’s revenue currently depends on providing services to domestic manufacturers, its business may be affected by economic conditions surrounding domestic manufacturers.」
Dependence on economic conditions and investment trends among domestic manufacturers continues to be identified as a major risk. - FY2026-H1RestatedAnnual report
「At the same time, the outlook remains uncertain due to downside risks to the economy, including the impact of U.S. trade policies and continued inflation.」
The Group cites downside risks to the economy from U.S. trade policies and inflation as part of the economic environment. It also states that there have been no material changes in business and other risks. - FY2025First statedAnnual report
「Because a substantial portion of the Group’s revenue currently depends on providing services to domestic manufacturers, its business may be affected by economic conditions surrounding domestic manufacturers.」
The Group identifies stagnation among domestic manufacturers, lower technology investment and deterioration in market conditions as risks that could affect its performance and financial position.