Risk of Delays in New Service Development and Declining Competitiveness Due to Rapid Technological Innovation
First written in FY2016. 2 of 6 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「We anticipate trends and analyze future market needs before proceeding. We also combine these efforts with methods such as M&A as strategically necessary, providing services to customers and the market at the appropriate time.」
The company continues to respond to technological innovation and changes in market needs by combining analysis of future demand, strengthening its development structure and, where necessary, M&A. - FY2021-Q3ReframedAnnual report
「In particular, in developing major version upgrades and new services, we anticipate trends and analyze future market needs before proceeding. We also combine these efforts with methods such as M&A as strategically necessary, providing services to customers and the market at the appropriate time.」
For the risk of development delays caused by technological innovation and changes in market needs, the company has specified its response, including analysis of trends and future needs and, where necessary, the use of M&A. - FY2021-Q1ReframedAnnual report
「In the Distribution Cloud, Government Cloud and Trust businesses, we are pursuing continuous version-up development and developing new services that will drive the growth of our Group, with the aim of providing competitive services that meet customer and market needs.」
The risks associated with rapid technological innovation and delays in developing new services have been reorganized and expanded from the former Cloud business to the 3 businesses of Distribution, Government and Trust. - FY2018RestatedAnnual report
「In addition, if rapid technological innovation during the development of new services, major changes in specifications arising from changes in the services demanded by the market, or unforeseen defects occur, development hours may increase substantially and profitability may deteriorate, which could affect the company's performance.」
The company continues to disclose the risks of increased development hours and deteriorating profitability due to technological innovation, specification changes and defects. - FY2017WorsenedAnnual report
「In addition, if rapid technological innovation during the development of new services, major changes in specifications arising from changes in the services demanded by the market, or unforeseen defects occur, development hours may increase substantially and profitability may deteriorate, which could affect the company's performance.」
In addition to the existing risks of technological innovation, competition and delayed market launches, the company explicitly identified the risks of increased development hours and deteriorating profitability due to specification changes and unforeseen defects. - FY2016First statedAnnual report
「However, unexpectedly rapid technological innovation, the emergence of alternative technologies or competing products, and changes in the technology standards and platforms on which the company relies could prevent it from developing new services at the appropriate time and cause it to miss the optimal market launch window. Changes in customer needs and market trends could also prevent the company from securing sufficient competitiveness, and if it is unable to realize the full benefits of launching new services, this may affect its performance.」
The company describes the possibility that technological innovation, alternative technologies, the emergence of competing products and changes in technology standards could affect the timing of new-service launches and undermine competitiveness.