Dependence on Government Contracts and Order Intake and Compliance Risks
First written in FY2016. 12 of 17 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 7 of 31 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the current fiscal year, sales to government agencies accounted for 27.8% of consolidated sales.」
The proportion of sales to government agencies decreased from 30.9% in the previous fiscal year to 27.8%. Meanwhile, delayed responses to increasingly complex and sophisticated requirements associated with DX initiatives and competition for orders continue to be identified as risks. - FY2023WorsenedAnnual report
「During the current fiscal year, sales to government agencies accounted for 30.9% of consolidated sales.」
Sales to government agencies accounted for 30.9%, explicitly indicating the Group's dependence on government business based on full-year results. - FY2023-Q3RestatedAnnual report
「During the cumulative nine-month period, there were no new business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter of the current fiscal year. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2020WorsenedAnnual report
「During the current fiscal year, sales to government agencies accounted for 24.2% of consolidated sales. Government agencies are expected to pursue proactive fiscal spending based on measures to address COVID-19 and growth strategies for the post-COVID-19 period, as well as increasingly complex and sophisticated business initiatives.」
The proportion of sales to government agencies increased from 23.7% in the previous fiscal year to 24.2%. In addition, delayed responses to the increasing sophistication of government agencies' initiatives toward the post-COVID-19 period and competition for orders are specifically identified as risks. - FY2019MitigatedAnnual report
「During the current fiscal year, sales to government agencies accounted for 23.7% of consolidated sales.」
The proportion of sales to government agencies decreased from the previously disclosed 24.3% to 23.7%. - FY2019-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The disclosure states that there have been no new developments or material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2019-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The disclosure states that there have been no new developments or material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2018-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The disclosure states that there have been no new developments or material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new developments or material changes in the existing risks concerning dependence on government business, order intake and compliance. - FY2017RestatedAnnual report
「During the current fiscal year, sales to government agencies accounted for 24.3% of consolidated sales. If the Group is slow to respond to increasingly complex and sophisticated business requirements, or competition for orders with competitors intensifies, business performance could be affected.」
The proportion of sales to government agencies was updated to 24.3%, while delayed responses, competition for orders and the impact of inappropriate conduct on business performance continue to be identified as risks. - FY2017-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The comprehensive risk disclosure concerning dependence on government business and order intake and compliance risks continues, with no material changes. - FY2017-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The comprehensive risk disclosure concerning dependence on government business and order intake and compliance risks continues, with no material changes. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
Although the individual risks have not been restated, it is expressly stated that no new risks have arisen and that there have been no material changes to the risks described in the previous fiscal year. - FY2016First statedAnnual report
「During the current fiscal year, sales to government agencies accounted for 24.1% of consolidated sales. If the Group is slow to respond to increasingly complex and sophisticated business requirements, or competition for orders intensifies, business performance could be affected. Inappropriate conduct or other improper responses could also affect business performance through suspension of bidding eligibility or damage to the reputation of our Group.」
The disclosure presents the proportion of sales to government agencies and identifies as risks the impact on business performance and reputation of delayed responses, competition for orders and inappropriate responses to conduct that impedes competition.