Future Loss Risk in Made-to-Order Software Projects
First written in FY2017. 18 of 32 entries say "Mitigated", first in FY2019-Q1. Latest entry: FY2026.
19 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Provision for order losses － 7,425」
A ¥7.425 million provision for loss on orders was recognized, although none had been recorded at the end of the previous consolidated fiscal year, resulting in renewed exposure to future losses on commissioned software projects. - 2026-05-15MitigatedEarnings
「Increase (decrease) in provision for loss on orders (△ indicates a decrease) △6,068 7,425」
The provision for loss on orders decreased from ¥10.153 million at the end of the previous fiscal year to ¥7.425 million, although recognition of future losses continued. - FY2026-H1WorsenedAnnual report
「Provision for order losses － 10,153」
The provision for order losses increased from no provision at the end of the previous consolidated fiscal year to ¥10.153 million at the end of the interim consolidated accounting period, increasing exposure to future losses related to made-to-order software projects. - FY2025-H1MitigatedAnnual report
「Provision for order losses 6,068 339」
The provision for order losses decreased from ¥6.068 million at the end of the previous consolidated fiscal year to ¥339,000 at the end of the interim consolidated accounting period, reducing exposure to future losses related to made-to-order software projects. - FY2024MitigatedAnnual report
「Provision for order losses ¥8.045 million ¥6.068 million」
The provision for order losses decreased from ¥8.045 million at the end of the previous fiscal year to ¥6.068 million, reducing exposure to future losses related to made-to-order software projects. - FY2024-Q3WorsenedAnnual report
「Provision for order losses 8,045 10,898」
The provision for order losses increased from ¥8.045 million at the end of the previous consolidated fiscal year to ¥10.898 million at the end of the third quarter of the current consolidated fiscal year, increasing exposure to future losses related to made-to-order software projects from the end of the most recent second quarter. - FY2024-Q2MitigatedAnnual report
「Provision for order losses 8,045 9,678」
The provision for order losses was ¥9.678 million at the end of the second quarter of the current fiscal year, compared with ¥8.045 million at the end of the previous consolidated fiscal year. It decreased from ¥11.299 million at the end of the first quarter, reducing recent exposure to future losses. - FY2024-Q1WorsenedAnnual report
「Provision for order losses 8,045 11,299」
The provision for order losses increased from ¥8.045 million at the end of the previous consolidated fiscal year to ¥11.299 million at the end of the first quarter of the current fiscal year, increasing exposure to future losses related to made-to-order software projects. The disclosure does not state that the losses were realized. - FY2023MitigatedAnnual report
「Provision for order losses ¥22.623 million ¥8.045 million」
The provision for order losses decreased from ¥22.623 million at the end of the previous fiscal year to ¥8.045 million, reducing exposure to future losses related to made-to-order software projects. - FY2023-Q3MitigatedAnnual report
「Provision for order losses 22,623 7,268」
The provision for order losses decreased from ¥22.623 million at the end of the previous consolidated fiscal year to ¥7.268 million at the end of the third quarter of the current fiscal year, reducing exposure to future losses related to made-to-order software projects. - FY2023-Q2WorsenedAnnual report
「Provision for order losses 22,623 13,239」
The provision for order losses was ¥13.239 million at the end of the second quarter of the current consolidated fiscal year, compared with ¥22.623 million at the end of the previous consolidated fiscal year. It increased from ¥4.119 million at the end of the first quarter disclosed previously, increasing exposure to future losses related to made-to-order software projects. - FY2023-Q1MitigatedAnnual report
「Provision for order losses 22,623 4,119」
The provision for order losses decreased from ¥22.623 million at the end of the previous consolidated fiscal year to ¥4.119 million at the end of the first quarter of the current consolidated fiscal year, reducing exposure to future losses related to made-to-order software projects. - FY2022WorsenedAnnual report
「Provision for order losses 3,755 22,623」
The provision for order losses increased from ¥3.755 million at the end of the previous consolidated fiscal year to ¥22.623 million at the end of the current fiscal year, increasing exposure to future losses related to made-to-order software projects. - FY2022-Q3MitigatedAnnual report
「Provision for order losses 3,755 2,063」
The provision for order losses decreased from ¥3.755 million at the end of the previous consolidated fiscal year to ¥2.063 million at the end of the third quarter of the current fiscal year, reducing exposure to future losses related to made-to-order software projects. - FY2022-Q2WorsenedAnnual report
「Provision for order losses 3,755 6,954」
The provision for order losses increased from ¥3.755 million at the end of the previous consolidated fiscal year to ¥6.954 million at the end of the second quarter of the current consolidated fiscal year, increasing exposure to future losses related to made-to-order software projects. - FY2022-Q1MitigatedAnnual report
「Provision for order losses 3,755 473」
The provision for order losses decreased from ¥3.755 million at the end of the previous consolidated fiscal year to ¥473,000 at the end of the first quarter of the current fiscal year, reducing exposure to future losses related to made-to-order software projects. - FY2021WorsenedAnnual report
「Provision for order losses 1,518 3,755」
The provision for order losses increased from ¥1.518 million at the end of the previous consolidated fiscal year to ¥3.755 million at the end of the current fiscal year, increasing exposure to future losses related to made-to-order software projects. - FY2021-Q3MitigatedAnnual report
「Provision for order losses 1,518 312」
The provision for order losses decreased from ¥1.518 million at the end of the previous consolidated fiscal year to ¥312,000 at the end of the third quarter of the current fiscal year, further reducing exposure to future losses related to made-to-order software projects. - FY2021-Q2MitigatedAnnual report
「Provision for order losses 1,518 601」
The provision for order losses decreased from ¥1.518 million at the end of the previous consolidated fiscal year to ¥601,000 at the end of the second quarter of the current fiscal year, reducing exposure to future losses related to made-to-order software projects. - FY2021-Q1WorsenedAnnual report
「Provision for order losses 1,518 48,721」
The provision for order losses increased from ¥1.518 million at the end of the previous consolidated fiscal year to ¥48.721 million at the end of the first quarter of the current consolidated fiscal year, increasing exposure to future losses related to made-to-order software projects. The disclosure states that the provision for future losses increased, but does not state that the losses were realized. - FY2020-Q3MitigatedAnnual report
「Provision for order losses 28,398 3,016」
The provision for order losses decreased from ¥28.398 million at the end of the previous consolidated fiscal year to ¥3.016 million at the end of the third quarter of the current fiscal year, further reducing exposure to future losses related to made-to-order software projects. - FY2020-Q2MitigatedAnnual report
「Provision for order losses 28,398 8,761」
The provision for order losses decreased from ¥28.398 million at the end of the previous consolidated fiscal year to ¥8.761 million at the end of the second quarter of the current fiscal year, further reducing exposure to future losses. - FY2020-Q1MitigatedAnnual report
「Provision for order losses 28,398 16,019」
The provision for order losses decreased from ¥28.398 million at the end of the previous consolidated fiscal year to ¥16.019 million at the end of the first quarter of the current consolidated fiscal year. Following completion of the unprofitable projects that arose in the previous year, exposure to future losses has declined further. - FY2019MitigatedAnnual report
「Some of the unprofitable projects that arose in the previous consolidated fiscal year have been completed.」
The disclosure states that the unprofitable projects that arose in the previous year were completed. The provision for order losses also decreased from ¥108.487 million at the end of the previous fiscal year to ¥28.398 million at the end of the current fiscal year. - FY2019-Q3MitigatedAnnual report
「Under these circumstances, the Group’s net sales increased in response to demand for system renewals arising from the changes to lease accounting under IFRS (International Financial Reporting Standards), which took effect from fiscal 2019, and companies’ responses to globalization. Profit also increased as some of the loss-making projects that arose in the previous fiscal year were completed.」
The Company explained that profit increased as some of the loss-making projects that arose in the previous fiscal year were completed. The provision for order losses decreased from ¥108.487 million at the end of the previous consolidated fiscal year to ¥20.344 million. - FY2019-Q2MitigatedAnnual report
「Although orders remained firm, net sales increased only slightly because revenue recognition will accelerate from the third quarter onward. Profit increased because, although some of the loss-making projects that arose last year were nearing completion, outsourcing expenses increased to accommodate the rise in the number of projects.」
The Company explained that some of the loss-making projects that arose in the previous year were nearing completion. The provision for order losses also decreased from ¥108.487 million at the end of the previous consolidated fiscal year to ¥20.540 million at the end of the second quarter. - FY2019-Q1MitigatedAnnual report
「Profit increased because some of the loss-making projects that arose last year were nearing completion, among other factors.」
The Company explained that the loss-making projects that arose in the previous year were nearing completion, and the provision for order losses decreased from ¥108.487 million at the end of the previous consolidated fiscal year to ¥50.776 million at the end of the first quarter of the current fiscal year. - FY2018WorsenedAnnual report
「Meanwhile, cost of sales increased because some projects became unprofitable.」
Unprofitable projects continued to occur, and the provision for order losses increased from ¥1.913 million at the end of the previous fiscal year to ¥108.487 million. An impairment loss of ¥154.582 million on work in process is also included in cost of sales. - FY2018-Q3WorsenedAnnual report
「Meanwhile, cost of sales increased because some projects became unprofitable.」
The Company explained that unprofitable projects led to higher cost of sales and lower profit. The provision for order losses increased from ¥1.913 million at the end of the previous consolidated fiscal year and ¥94.319 million at the end of the second quarter to ¥174.525 million at the end of the third quarter of the current fiscal year. - FY2018-Q2WorsenedAnnual report
「Provision for order losses 1,913 94,319」
The provision for order losses increased from ¥1.913 million at the end of the previous consolidated fiscal year to ¥94.319 million at the end of the second quarter of the current consolidated fiscal year, indicating that the financial exposure to future losses on made-to-order software projects has increased. - FY2018-Q1MaterialisedAnnual report
「Although some projects were loss-making, profit overall remained strong because selling, general and administrative expenses were kept under control.」
The disclosure states that some loss-making projects actually occurred. The provision for order losses also increased from ¥1.913 million at the end of the previous consolidated fiscal year to ¥83.213 million at the end of the first quarter of the current consolidated fiscal year. - FY2017First statedAnnual report
「To provide for future losses related to order contracts, the Company recognizes provisions for the estimated losses from the following consolidated fiscal year onward for projects for which future losses are expected as of the end of the consolidated fiscal year and the amount of such losses can be reasonably estimated. The provision for order losses was ¥1.913 million.」
The Company recognized expected future losses on made-to-order software development projects and recorded a ¥1.913 million provision for order losses. This represents expected future losses, and the actual realization of the losses is not stated.