Decline in financial solutions revenue due to the cancellation of a relatively large customer
First written in FY2017-Q1. 11 of 18 entries say "Restated". Latest entry: FY2023-Q3.
Intertrade moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「During the third quarter of the consolidated cumulative period, there were no new business or other risks and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of lower financial solutions revenue due to cancellations by relatively large customers. - FY2022-Q3RestatedAnnual report
「During the third quarter of the consolidated cumulative period, there were no new business or other risks and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of lower financial solutions revenue due to cancellations by relatively large customers. - FY2021RestatedAnnual report
「As financial services using new technologies are spreading worldwide in the securities systems sector, our core market, we will explore new growth areas and provide business opportunities through Spider Digital Transfer.」
Against the backdrop of expanding financial services using new technologies in the securities systems sector, the company continues to pursue growth areas through Spider Digital Transfer. - FY2021-Q3RestatedAnnual report
「During the third quarter of the consolidated cumulative period, there were no new business or other risks and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of lower financial solutions revenue due to customer cancellations. - FY2021-Q2RestatedAnnual report
「During the second quarter of the consolidated cumulative period, there were no new business or other risks and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of lower financial solutions revenue due to customer cancellations. - FY2020-Q3RestatedAnnual report
「During the third quarter of the consolidated cumulative period, there were no significant changes in the financial position, operating results or cash flows. There were also no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of lower financial solutions revenue due to customer cancellations. - FY2020-Q1RestatedAnnual report
「During the first quarter of the consolidated cumulative period, there were no new business or other risks and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of lower financial solutions revenue due to customer cancellations. - FY2019-Q3RestatedAnnual report
「During the third quarter of the consolidated cumulative period, there were no significant changes in the financial position, operating results or cash flows. There were also no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes in the risk of lower financial solutions revenue due to cancellations by relatively large customers. - FY2019-Q2SoftenedAnnual report
「In the second quarter under review, revenue declined 9.7% year on year to ¥616 million due to the impact of cancellations by customers of exchange-related systems.」
Although revenue declines due to customer cancellations in exchange-related systems continued, the rate of decline in sales narrowed slightly, from 10.3% in the same period of the previous year to 9.7%. - FY2019-Q1SoftenedAnnual report
「In the first quarter under review, cancellations by customers of exchange-related systems had an impact, resulting in total revenue of ¥321 million, or 92.1% of the year-earlier level, and a decline in revenue.」
The decline in revenue from customer cancellations continued, but the financial solutions revenue decline narrowed to 7.9% year on year from 11.3% in the previous fiscal year. - FY2018WorsenedAnnual report
「While revenue declined because of cancellations by securities dealing system customers, active sales efforts for the new Spider system resulted in an order from an overseas operating company. However, repeated changes to the customer's business plan and other factors prevented agreement on the final terms, and the order was cancelled by mutual agreement, resulting in revenue of ¥1,366 million, or 88.7% of the previous fiscal year's level.」
In addition to cancellations by securities dealing system customers, an order with an overseas operating company was cancelled by mutual agreement, and financial solutions revenue declined to 88.7% of the previous fiscal year's level. - FY2018-Q3SoftenedAnnual report
「Revenue declined 9.9% year on year as a result of cancellations by customers of the securities dealing system.」
The decline in revenue from customer cancellations continued, but the rate of decline narrowed slightly from 10.3% in the previous quarter to 9.9%. - FY2018-Q2RestatedAnnual report
「Revenue declined 10.3% year on year as a result of cancellations by customers of the securities dealing system.」
The decline in revenue from cancellations by securities dealing system customers continued, and financial solutions revenue was 89.7% of the year-earlier level. - FY2018-Q1SoftenedAnnual report
「In the first quarter under review, sales of foreign exchange margin trading systems increased year on year by product category, but total revenue declined 8.4%. This was due to cancellations by customers of the securities dealing system.」
The decline in revenue from cancellations by securities dealing system customers continued, but the rate of decline narrowed from 20.2% to 8.4% year on year. - FY2017RestatedAnnual report
「Cancellations by customers with large transaction volumes had a significant impact on securities dealing systems and exchange-related systems, and revenue was ¥1,541 million, or 80.6% of the previous fiscal year's level.」
Cancellations by large customers were a factor in the annual decline in financial solutions revenue. - FY2017-Q3WorsenedAnnual report
「In the third quarter under review, sales of exchange terminals increased year on year by product category, but revenue declined because the cancellation by customers with large transaction volumes had a significant impact on securities dealing systems and exchange-related systems.」
Cancellations by large customers continued, and financial solutions revenue declined to 79.8% of the year-earlier level. - FY2017-Q2RestatedAnnual report
「In the second quarter under review, sales of exchange terminals and foreign exchange margin trading systems increased year on year by product category, but revenue declined as a result of the cancellation by a customer with a relatively large transaction volume.」
The cancellation by a customer with a relatively large transaction volume continued to weigh on financial solutions revenue. - FY2017-Q1First statedAnnual report
「In the first quarter under review, sales of exchange terminals increased year on year by product category, but total revenue declined 20.2%. This was due to the cancellation by a customer with a relatively large transaction volume.」
The company explains that the cancellation by a customer with a relatively large transaction volume caused financial solutions revenue to decline 20.2% year on year.