Delayed Orders for Ongoing Projects
First written in FY2018-Q1. 7 of 8 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024-Q3.
Keyware Solutions moved to the "Worse" side of this theme in 2020, 2 years after the typical company in this theme (2018).
The whole theme swung hardest in 2023: 5 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2024-Q3MaterialisedAnnual report
「Although the acquisition of the aforementioned projects was a factor supporting revenue growth, revenue decreased year on year due to the completion of development on core system projects carried over from the previous fiscal year and delays in the order timing for some large-scale projects for customer-driven reasons.」
For core systems-related projects, delays actually occurred in the timing of orders for some large-scale projects due to customer circumstances. - FY2024-Q2MaterialisedAnnual report
「Revenue decreased year on year due to the completion of development on core system projects carried over from the previous fiscal year and delays in the order timing for some large-scale projects for customer-driven reasons.」
For core systems-related projects, delays actually occurred in the timing of orders for some large-scale projects due to customer circumstances. - FY2022-Q2MaterialisedAnnual report
「In addition to delays in orders and lost orders due to customer circumstances in distribution- and service-related businesses, the company was affected by a decline following the acquisition of a large-scale core systems renewal project in the previous fiscal year, resulting in a year-on-year decline.」
For expected projects, delays in orders and lost orders due to customer circumstances actually occurred in the current quarter as well. - FY2022-Q1MaterialisedAnnual report
「Delays in orders and lost orders due to customer circumstances in distribution-related and hotel-related businesses, among others, affected results, which declined year on year.」
Delays in orders and lost orders due to customer circumstances are also described for the current quarter as specific instances of delays and postponements in orders for expected projects. - FY2021-Q3MaterialisedAnnual report
「On the other hand, the scale of orders for distribution-related projects and hotel-related projects declined due to the impact of COVID-19, resulting in a year-on-year decline for the SI business as a whole.」
Reductions in the scale of orders due to the impact of COVID-19 actually occurred in distribution-related and hotel-related projects. - FY2021-Q2MaterialisedAnnual report
「Although the impact of COVID-19 resulted in delays or postponements in orders and reductions in the scale of some expected projects,」
Delays and postponements in orders and reductions in the scale of expected projects actually occurred in the second quarter as well. - FY2021-Q1MaterialisedAnnual report
「Due to the impact of COVID-19, procedures for customer acceptance and ordering were delayed for some customers, resulting in delays in the timing of revenue recognition and order receipt for some projects scheduled for the cumulative first quarter of the current consolidated fiscal year. These delays are expected to be resolved going forward.」
Delays in the timing of orders and revenue recognition for recurring projects and others have actually occurred, but the company expects them to be resolved going forward. - FY2018-Q1First statedAnnual report
「Although orders for recurring projects expected from government-related customers and others have been delayed,」
The company states that delays in orders for recurring projects expected from government-related customers and others have actually occurred.