Delayed Full-Scale Adoption of the Enterprise IoT and Cloud Markets
First written in FY2019-Q3. 2 of 3 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If corporate use of cloud computing services remains sluggish or adoption is delayed, cloud computing service revenue may fail to grow as expected. If some or all existing customers cancel their contracts or prices are significantly revised, it may become difficult to cover current or increasing costs, potentially reducing profit.」
Although cloud revenue is increasing, we continue to disclose the risk that costs may not be recovered due to sluggish use, delayed adoption, cancellations and price revisions. - FY2023RestatedAnnual report
「If corporate use of cloud computing services remains sluggish or adoption is delayed, cloud computing service revenue may fail to grow as expected. If some or all existing customers cancel their contracts or prices are significantly revised, it may become difficult to cover current or increasing costs, potentially reducing profit.」
Although cloud revenue is increasing, we continue to disclose the risk that costs may not be recovered due to sluggish use, delayed adoption, cancellations and price revisions. - FY2019-Q3First statedAnnual report
「Although the corporate IoT and cloud markets are beginning to develop, we considered that the widespread adoption of full-scale use would take longer than initially expected, among other factors.」
Although the corporate IoT and cloud markets are beginning to develop, management recognized that widespread adoption of full-scale use would take longer than initially expected and cited this as one reason for revising the medium-term sales target.