Losses from an order shortfall in the information processing services business and acquisition-related expenses
First written in FY2017-Q1. 8 of 17 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2022-Q2.
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- FY2022-Q2MitigatedAnnual report
「In the Outsourcing Business, BPO services, including further growth in orders for COVID-19 vaccination projects, performed strongly, while orders for contact center services from major customers also progressed smoothly. The performance of subsidiaries that had been sluggish in the previous fiscal year due to the impact of COVID-19 also recovered.」
In the Outsourcing Business, increased orders and the recovery in subsidiary performance improved operating results from a loss of ¥28.032 million in the same period of the previous year to income of ¥22.553 million. - FY2022-Q1MitigatedAnnual report
「In the Outsourcing Business, in addition to new orders for COVID-19 vaccination projects, orders for contact center services and product services from major customers progressed strongly. The performance of subsidiaries that had been sluggish in the previous fiscal year due to the impact of COVID-19 also recovered.」
In the Outsourcing business, new orders and orders from major customers progressed strongly, and the performance of subsidiaries that had been sluggish in the previous fiscal year also recovered. Operating results turned from a loss of ¥27.108 million in the same period of the previous year to income of ¥19.325 million. - FY2021-Q3MitigatedAnnual report
「In the Outsourcing Business, orders declined as expected, partly due to the impact of COVID-19. On the other hand, the revision of contract terms for low-margin projects and improvements in the cost structure progressed as planned. Operational improvements also progressed at subsidiaries whose performance had been weak in the previous fiscal year, producing results. As a result, revenue for the nine months ended the third quarter was ¥2,801.842 million, down 5.5% year on year, and operating income was ¥37.984 million, compared with an operating loss of ¥10.055 million in the same period of the previous year.」
Although the decline in orders due to COVID-19 continued, the revision of contract terms for low-margin projects, improvements in the cost structure and operational improvements at underperforming subsidiaries progressed, and operating results turned from a loss of ¥10.055 million in the same period of the previous year to income of ¥37.984 million. - FY2021-Q2WorsenedAnnual report
「In the Outsourcing Business, orders declined as expected, partly due to the impact of COVID-19. On the other hand, efforts to improve the operations of some subsidiaries, undertaken since the previous fiscal year, are steadily producing results. As a result, revenue for the six months ended the second quarter was ¥1,796.984 million, down 7.4% year on year, and the operating loss was ¥28.032 million, compared with an operating loss of ¥23.401 million in the same period of the previous year.」
In the Outsourcing Business, lower orders due to the impact of COVID-19 resulted in a 7.4% decline in revenue, and the operating loss widened from ¥23.401 million in the same period of the previous year to ¥28.032 million. On the other hand, improvements in the operations of some subsidiaries are producing results. - FY2021-Q1WorsenedAnnual report
「In the Outsourcing Business, orders for projects from some customers remained sluggish due to the impact of COVID-19. As a result, first-quarter revenue was ¥881.717 million, down 4.3% year on year, and the operating loss was ¥27.108 million, compared with an operating loss of ¥21.978 million in the same period of the previous year.」
Orders for projects from some customers were sluggish, resulting in lower revenue in the Outsourcing Business, while the operating loss widened from ¥21.978 million in the same period of the previous year to ¥27.108 million. - FY2020-Q2WorsenedAnnual report
「In the Outsourcing Business, orders from major customers associated with the consumption tax increase progressed smoothly. The performance of a subsidiary added to the scope of consolidation in the previous fiscal year also contributed. However, some subsidiaries performed poorly.」
Although orders and the contribution from the subsidiary added in the previous fiscal year supported the Outsourcing Business, the operating loss widened from ¥2.189 million in the same period of the previous year to ¥23.401 million due to the poor performance of some subsidiaries. - FY2020-Q1WorsenedAnnual report
「In the Outsourcing Business, M&A carried out in July 2018 contributed to results. However, some subsidiaries performed poorly.」
Although the M&A carried out in July 2018 contributed to results, the Outsourcing Business turned from operating income of ¥10.452 million in the same period of the previous year to an operating loss of ¥21.978 million due to the poor performance of some subsidiaries. - FY2019-Q2MaterialisedAnnual report
「In the Outsourcing Business, customer orders progressed smoothly, but M&A expenses were incurred. As a result, revenue for the six months ended the second quarter was ¥1,760.515 million, up 17.8% year on year, and the operating loss was ¥2.189 million, compared with operating income of ¥1.102 million in the same period of the previous year.」
Although orders were solid, M&A expenses were incurred, and the Outsourcing Business turned from operating income in the same period of the previous year to an operating loss. - FY2019-Q1MitigatedAnnual report
「In the Outsourcing Business, the effects of strengthening the sales structure, an initiative undertaken for some time, and the steady performance of subsidiaries contributed to results. As a result, revenue for the three months ended the first quarter was ¥846.041 million, up 20.4% year on year, and operating income was ¥10.452 million, compared with an operating loss of ¥9.313 million in the same period of the previous year.」
In the Outsourcing Business under the post-change segment classification, strengthening the sales structure and the steady performance of subsidiaries contributed to results. Revenue increased 20.4% year on year, and operating income turned from a loss in the same period of the previous year to ¥10.452 million. - FY2018MitigatedAnnual report
「In the Outsourcing Business, customer orders progressed smoothly, and the business was also affected by M&A carried out in the previous fiscal year. As a result, revenue for the consolidated fiscal year was ¥3,328.853 million, up 21.0% year on year, and operating income was ¥76.497 million, compared with an operating loss of ¥47.477 million in the previous fiscal year.」
In the Outsourcing Business, which includes the former Information Processing Services business and other operations, orders progressed smoothly, and the business turned from an operating loss in the previous year to operating income of ¥76.497 million. - FY2018-Q3MitigatedAnnual report
「In the Outsourcing Business, customer orders progressed smoothly. As a result, revenue for the nine months ended the third quarter was ¥2,306.211 million, up 24.1% year on year, and operating income was ¥3.357 million, compared with an operating loss of ¥70.979 million in the same period of the previous year.」
In the Outsourcing Business under the post-change segment classification, orders progressed smoothly, revenue increased 24.1% year on year, and operating income turned from a loss in the same period of the previous year to ¥3.357 million. - FY2018-Q2MitigatedAnnual report
「In the Outsourcing Business, customer orders progressed smoothly. As a result, revenue for the six months ended the second quarter was ¥1,494.594 million, up 35.6% year on year, and operating income was ¥1.102 million, compared with an operating loss of ¥92.630 million in the same period of the previous year.」
In the Outsourcing Business under the post-change segment classification, orders progressed smoothly, revenue increased 35.6% year on year, and operating income turned from a loss in the same period of the previous year to ¥1.102 million. - FY2018-Q1MitigatedAnnual report
「② Outsourcing Business. In the Outsourcing Business, orders for projects initially expected progressed smoothly. As a result, first-quarter revenue was ¥702.724 million, up 77.3% year on year, and the operating loss was ¥9.313 million, compared with an operating loss of ¥61.408 million in the same period of the previous year.」
In the Outsourcing Business, which includes the former Information Processing Services business and other operations, project orders progressed smoothly, and the operating loss narrowed from ¥61.408 million to ¥9.313 million. However, the figures are based on the segment classification after the change. - FY2017WorsenedAnnual report
「In the Information Processing Services business, we focused on securing orders for ongoing and new projects, but were affected by the failure to achieve orders for projects initially expected and by acquisition-related costs associated with a business combination. As a result, revenue for the consolidated fiscal year was ¥2,210.197 million, up 36.0% year on year, while the operating loss was ¥108.975 million, compared with an operating loss of ¥32.725 million in the previous fiscal year.」
The impact of missed orders and acquisition-related costs associated with the business combination continued throughout the year. Although revenue increased, the operating loss widened from ¥32.725 million in the previous year to ¥108.975 million. The Information Processing Services business also recorded an impairment loss of ¥40.116 million due to declining profitability. - FY2017-Q3WorsenedAnnual report
「In the Information Processing Services business, we focused on securing orders for ongoing and new projects, but were affected by the failure to achieve orders for projects initially expected and by acquisition-related costs associated with a business combination. As a result, revenue for the nine months ended the third quarter was ¥1,468.415 million, up 34.0% year on year, and the operating loss was ¥113.987 million, compared with an operating loss of ¥50.107 million in the same period of the previous year.」
The failure to achieve expected project orders and the impact of acquisition-related costs continued, with the operating loss widening from ¥50.107 million in the same period of the previous year to ¥113.987 million. Although revenue increased, profitability continued to deteriorate. - FY2017-Q2WorsenedAnnual report
「In the Information Processing Services business, we focused on securing orders for ongoing and new projects, but were affected by the failure to achieve orders for projects initially expected and by acquisition-related costs associated with a business combination. As a result, revenue for the six months ended the second quarter was ¥894.785 million, up 22.8% year on year, and the operating loss was ¥107.159 million, compared with an operating loss of ¥43.004 million in the same period of the previous year.」
The failure to achieve expected project orders and the impact of acquisition-related costs continued, with the operating loss widening from ¥43.004 million in the same period of the previous year to ¥107.159 million. - FY2017-Q1MaterialisedAnnual report
「In the Information Processing Services business, we focused on securing orders for ongoing and new projects, but were affected by the failure to achieve orders for projects initially expected and by acquisition-related costs associated with a business combination. As a result, first-quarter revenue was ¥287.329 million, down 16.2% year on year, and the operating loss was ¥72.367 million, compared with an operating loss of ¥24.724 million in the same period of the previous year.」
The failure to achieve expected orders and acquisition-related costs associated with the acquisition of Aikam actually arose, resulting in lower revenue and an operating loss in the Information Processing Services business.