Risk of Contract Delays and Cancellations in TOPSIC (a skills assessment platform)
First written in FY2021-Q1. 2 of 7 entries say "Softened", first in FY2021-Q2. Latest entry: FY2025-Q1.
No other company in this theme has enough history to compare yet.
- FY2025-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, some cancellations occurred in March, when many customers reached their renewal dates, but the number of contracts remained at a level similar to previous years.」
The company explains that some TOPSIC cancellations occurred in March, when contracts were due for renewal, while the number of contracts remained at a level similar to previous years. - FY2024-Q2RestatedAnnual report
「For “TOPSIC,” the company states that new contract acquisition has proceeded steadily, while several existing customers have canceled their contracts.」
The company continues to explain that new contract acquisition for TOPSIC is progressing steadily, while several existing customers have canceled their contracts. - FY2024-Q1MaterialisedAnnual report
「For “TOPSIC,” the company states that new contract acquisition has proceeded steadily, while several existing customers have canceled their contracts.」
The company states that new contract acquisition for TOPSIC has been steady, while several existing customers have canceled their contracts. - FY2022-Q2SoftenedAnnual report
「The number of contracted companies is increasing steadily, driven by demand for screening candidates for mid-career recruitment and programming education for employees.」
The company reports steady growth in the number of TOPSIC customers, with no direct mention of contract postponements, cancellations, or slower sales growth emphasized in the previous filing. - FY2021-Q3WorsenedAnnual report
「This product uses a subscription-based revenue model, and the number of contracted companies has continued to increase steadily since the service began. However, the impact of the contraction in economic activity caused by the spread of COVID-19 has been pronounced this fiscal year, slowing sales growth.」
The company states that the number of TOPSIC customers continues to increase, while describing the impact of the contraction in economic activity caused by COVID-19 as “pronounced,” stronger than the previous filing’s “slightly slowed,” and reports slower sales growth. - FY2021-Q2SoftenedAnnual report
「This product uses a subscription-based revenue model, and the number of contracted companies has continued to increase steadily since the service began. However, the contraction in economic activity caused by the spread of COVID-19 has also slightly slowed sales growth in this field.」
There is no direct mention of contract postponements or cancellations explicitly stated in the previous filing. The company states that the number of contracted companies continues to increase, while COVID-19 has slightly slowed sales growth. - FY2021-Q1First statedAnnual report
「However, in this field as well, some customers have postponed contracts or canceled them due to the contraction in economic activity caused by the spread of COVID-19, making it an important issue going forward to determine how to limit cancellations.」
The company states that TOPSIC has already experienced contract postponements and cancellations due to the contraction in economic activity caused by COVID-19, making retention a critical issue.