Project delays and freezes due to customer companies reviewing their plans
First written in FY2017-Q3. 8 of 11 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2024-Q3.
Keyware Solutions moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 3 of 6 companies on the "Worse" side.
5 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.」
Customer-driven delays in the order timing for some large-scale projects actually occurred during the third quarter and were a factor behind the decline in revenue. - 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.」
Customer-driven delays in the order timing for some large-scale projects actually occurred during the quarter. - FY2022MaterialisedAnnual report
「Revenue decreased year on year due to a reactionary decline as core system projects developed in the previous fiscal year reached completion and shifted to the maintenance phase, as well as the suspension of initially expected projects for customer-driven reasons.」
Customer-driven project suspensions actually occurred and became a factor behind the decline in revenue from the systems integration business. - FY2022-Q2MaterialisedAnnual report
「Although the company won new large-scale ERP projects and orders for maintenance and support phases of projects carried over from the previous fiscal year, order bookings decreased year on year due to customer-driven order delays and lost orders in the distribution and services sectors, as well as a reactionary decline following the acquisition of a large-scale core system renewal project in the previous fiscal year.」
Customer-driven order delays and lost orders actually occurred during the quarter and were a factor behind the decline in order bookings in the systems integration business. - FY2022-Q1MaterialisedAnnual report
「Although the company won new large-scale projects involving core system construction, order bookings decreased year on year because customer-driven order delays and lost orders in the distribution and hotel sectors, among others, affected results.」
Customer-driven order delays and lost orders also occurred during the quarter and are cited as factors behind the decline in order bookings in the systems integration business. - FY2021MaterialisedAnnual report
「Some customers of the Group, including wholesale and retail companies and hotels, have also reduced project scope or postponed orders.」
The impact of the COVID-19 pandemic resulted in actual reductions in customer project scope and order postponements during the current fiscal year. - FY2021-Q3MaterialisedAnnual report
「Meanwhile, some existing customers whose business activities were affected by the COVID-19 pandemic postponed orders or reduced project scope, among other developments. The company pursued new projects by deepening relationships with existing customers and expanding existing projects, while working to control selling, general and administrative expenses.」
Existing customers have continued to postpone orders and reduce project scope due to the impact of the COVID-19 pandemic. - FY2021-Q2MaterialisedAnnual report
「Meanwhile, some existing customers whose business activities were affected by the COVID-19 pandemic postponed orders or reduced project scope, among other developments,」
Existing customers actually postponed orders and reduced project scope as their business activities were affected. - FY2018RestatedAnnual report
「Revenue decreased year on year, partly because expected projects were suspended.」
The suspension of expected projects is cited as a factor behind the decline in revenue from the systems integration business. - FY2017RestatedAnnual report
「Revenue fell below the previous fiscal year as a result of project postponements and freezes following customer plan revisions, as well as orders being declined because the timing did not align with the establishment of development teams.」
Project postponements and freezes due to customer plan revisions have been reconfirmed as factors behind the full-year revenue decline. - FY2017-Q3First statedAnnual report
「Projects were postponed or frozen following customer plan revisions, and some orders were declined because the timing did not align with the establishment of development teams.」
Project postponements and freezes due to customer plan revisions actually occurred and are cited as factors behind declines in orders and revenue.