Inability to Secure Financial-Sector Projects
First written in FY2020-Q2. 3 of 3 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2021-Q2.
Keyware Solutions moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2021-Q2MaterialisedAnnual report
「Although the company won large-scale core-system renewal projects, orders received decreased year on year because the scale of orders for projects in the distribution sector and for hotels contracted due to the impact of COVID-19.」
The contraction in project scale occurred not only in the financial sector but also in distribution and hotel projects, resulting in lower orders received in the systems integration business. - FY2020-Q3MaterialisedAnnual report
「Orders and net sales increased from the previous fiscal year, despite sluggish performance in the financial sector, due to the acquisition of projects in the telecommunications and transportation sectors.」
Weakness in the financial sector continued to be reported this quarter and was offset by winning projects in the telecommunications and transportation sectors. - FY2020-Q2MaterialisedAnnual report
「Orders received and net sales decreased year on year because the company was unable to win projects in the financial sector that it had expected to secure.」
The company was unable to win the expected financial-sector projects, which was reflected in lower orders received and net sales in the systems development business.