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Intramart (3850) · RiskWorsened

Cost Reduction Pressure and Challenging Market Conditions in the Information Industry

First written in FY2017-Q1. 21 of 30 entries say "Restated". Latest entry: FY2026.

30entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2021-Q1RestatedFY2022-Q2 – FY2025-H12016: 220162017: 320172018: 420182019: 420192020: 420202021: 320212022: 320222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies
Competition for Information Services Orders and Deteriorating Project ProfitabilityA theme 36 companies write about · 38 as a headwind · 0 as a tailwind

Intramart moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).

The whole theme swung hardest in 2026: 8 of 16 companies on the "Worse" side.

6 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Regarding the business environment, demand from companies for digital transformation and the use of AI is expected to continue expanding against the backdrop of efforts to improve productivity and strengthen competitiveness. However, conditions are expected to remain uncertain owing to changes in the external environment and intensifying competition.」

    While indicating expanding demand for DX and AI, the text explicitly describes an uncertain business environment, including intensifying competition.
  2. FY2026-H1WorsenedAnnual report

    「The information services industry in which our group operates is seeing companies become increasingly eager to pursue DX, while issues such as stronger security measures and securing human resources arising from the progress of digitalization are also becoming apparent. Addressing these issues is becoming an important theme for strengthening competitiveness going forward.」

    While indicating expanding DX demand, the text states that the challenges of strengthening security measures and securing human resources associated with digitalization have become apparent.
  3. FY2025-H1RestatedAnnual report

    「The information services industry in which our group operates is seeing growing corporate demand for DX, driven by the need to improve productivity and strengthen competitiveness.」

    The text continues to describe the view that corporate demand for DX in the information services industry is growing against a backdrop of improved productivity and stronger competitiveness.
  4. FY2024-Q3RestatedAnnual report

    「The information services industry in which our group operates continues to see strong interest in and expectations for DX aimed at improving productivity and operational efficiency and enabling new ways of working. Companies also appear eager to use big data, AI and IoT to strengthen their competitiveness.」

    Strong interest in and expectations for DX, together with companies’ active approach to using big data, AI and IoT, continue to be described as the market environment.
  5. FY2024-Q2RestatedAnnual report

    「The information services industry in which our group operates continues to see strong interest in and expectations for DX aimed at improving productivity and operational efficiency and enabling new ways of working. Companies also appear eager to use big data, AI and IoT to strengthen their competitiveness.」

    In addition to interest in and expectations for DX and the firmness of the information services market, the text describes companies’ active approach to using big data, AI and IoT.
  6. FY2024-Q1RestatedAnnual report

    「The information services industry in which our group operates continues to see strong interest in and expectations for DX aimed at improving productivity and operational efficiency and enabling new ways of working. Active investment in information systems is expected to strengthen corporate competitiveness.」

    Interest in and expectations for DX aimed at improving productivity and operational efficiency and enabling new ways of working, together with expectations for information-systems investment, continue to be described as the market environment.
  7. FY2023-Q3RestatedAnnual report

    「The information services industry in which our group operates continues to see strong interest in and expectations for DX aimed at improving productivity and operational efficiency and enabling new ways of working. Investment in information systems to strengthen corporate competitiveness is also expected to remain on a recovery trend.」

    Strong interest in and expectations for DX and the recovery trend in information-systems capital investment continue to be described as the market environment for the information services industry.
  8. FY2023-Q2RestatedAnnual report

    「The information services industry in which our group operates continues to see strong interest in and expectations for DX aimed at improving productivity and operational efficiency and enabling new ways of working. Investment in information systems to strengthen corporate competitiveness is also expected to remain on a recovery trend.」

    The text describes strong interest in and expectations for DX and the recovery trend in information-systems investment, with no substantive change from the previous market view.
  9. FY2023-Q1RestatedAnnual report

    「The information services industry in which our group operates is seeing strong interest in and expectations for DX, against a backdrop of the need to strengthen corporate competitiveness and reform work practices in a new-normal era of major changes in the business environment.」

    Strong interest in and expectations for DX, against a backdrop of stronger corporate competitiveness and work-style reform in the new-normal era, continue to be described as the market environment for the information services industry.
  10. FY2022-Q3RestatedAnnual report

    「Amid major changes in the business environment, the information services industry in which our group operates is seeing strong interest in and expectations for DX as a means of generating results through accurate information analysis and improved operational efficiency.」

    The market view that, amid changes in the business environment, there is strong interest in and expectations for DX as a means of analyzing information and improving operational efficiency continues to be described.
  11. FY2022-Q2RestatedAnnual report

    「Amid major changes in the business environment, the information services industry in which our group operates is seeing strong interest in and expectations for DX as a means of generating results through accurate information analysis and improved operational efficiency.」

    Strong interest in and expectations for DX continue to be described as part of the market environment.
  12. FY2022-Q1SoftenedAnnual report

    「The information services industry in which our group operates is seeing strong interest in and expectations for DX, against a backdrop of the need to strengthen corporate competitiveness and reform work practices in a new-normal era of major changes in the business environment.」

    The text focuses on strong interest in and expectations for DX as the market environment, without mentioning the project extensions or more cautious capital investment described in the previous quarter.
  13. FY2021-Q3WorsenedAnnual report

    「The information services industry in which our group operates is seeing growing demand for new business models and transformation using information and communications technology to rationalize operations and reduce labor requirements, in response to stronger corporate competitiveness and labor shortages. At the same time, customer companies appear to be carefully assessing project extensions and new capital investment amid concerns over the spread of infection.」

    The text states that, while DX demand is increasing, customer projects are being extended and capital investment is becoming more cautious amid concerns over the spread of infection.
  14. FY2021-Q2WorsenedAnnual report

    「The information services industry in which our group operates is expected to see resilient IT investment, reflecting companies’ stronger focus on digital management, with software investment plans for all industries, including financial institutions, in the Bank of Japan’s September 2020 Tankan survey up 3.2% year on year. In the short term, however, the industry is being strongly affected by stalled economic activity and deteriorating corporate performance, and the situation remains uncertain, with IT investment demand potentially slowing further.」

    While highlighting the increase in software investment plans, the text newly states that IT investment demand may slow as a result of stalled economic activity and deteriorating corporate performance.
  15. FY2021-Q1RestatedAnnual report

    「The information services industry in which our group operates has seen strong interest in reviewing business processes and in automation using BPM, IoT, OCR, RPA and AI against a backdrop of stronger corporate competitiveness and work-style reform.」

    In addition to the previously cited firm IT investment demand, interest in reviewing business processes and in automation using digital technologies against a backdrop of stronger corporate competitiveness and work-style reform is described.
  16. FY2020RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand related to the automation of business processes using BPM, IoT, OCR, RPA and AI against a backdrop of stronger corporate competitiveness and work-style reform.」

    The market view that IT investment demand related to business-process automation and DX remains firm continues to be described.
  17. FY2020-Q3RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand, driven by rationalization and labor-saving initiatives to strengthen corporate competitiveness and address labor shortages.」

    Firm IT investment demand for rationalization and labor-saving initiatives, driven by stronger corporate competitiveness and responses to labor shortages, is described rather than cost-cutting pressure.
  18. FY2020-Q2RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand, driven by expectations for the automation of business processes using BPM, IoT, OCR, RPA and AI against a backdrop of stronger corporate competitiveness and work-style reform. We expect the trend toward digitally transforming analog operations performed manually, including by human workers, to continue.」

    Firm IT investment demand for business-process automation and DX, driven by stronger corporate competitiveness, work-style reform and labor shortages, continues to be described rather than cost-cutting pressure or a challenging market environment.
  19. FY2020-Q1RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand, driven by growing expectations for the automation of business processes using BPM, IoT, OCR, RPA and AI against a backdrop of work-style reform and labor shortages.」

    Firm IT investment demand driven by work-style reform, labor shortages and the use of digital technologies continues to be described rather than cost-cutting pressure.
  20. FY2019RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand, driven by growing expectations for the automation of business processes using BPM, IoT, OCR, RPA and AI against a backdrop of work-style reform and labor shortages.」

    The view that IT investment demand remains firm, driven by expectations for business-process automation against a backdrop of work-style reform, labor shortages and digital technologies, continues to be described rather than cost-cutting pressure.
  21. FY2019-Q3RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand, driven by growing expectations for innovation created by digital transformation (DX), including efficiency gains and accurate analysis through the use of IoT, OCR, RPA and AI against a backdrop of work-style reform and labor shortages.」

    Firm IT investment demand driven by work-style reform, labor shortages and expectations for DX continues to be described rather than cost-cutting pressure.
  22. FY2019-Q2RestatedAnnual report

    「The information services industry in which our group operates saw firm IT investment demand, driven by growing expectations for innovation created by digital transformation (DX), including efficiency gains and accurate analysis through the use of IoT, OCR, RPA and AI against a backdrop of work-style reform and labor shortages.」

    Firm IT investment demand driven by work-style reform, labor shortages and expectations for DX continues to be described, without referring to the previously cited cost-cutting pressure or challenging market environment.
  23. FY2019-Q1RestatedAnnual report

    「The information services industry in which our group operates saw firm demand for IT investment aimed at improving operational efficiency through the use of digital technologies such as AI, RPA and IoT, strengthening customer engagement and enhancing corporate competitiveness, against a backdrop of demand for existing-system upgrades, work-style reform and labor shortages.」

    Firm demand for IT investment driven by existing-system upgrades, work-style reform, labor shortages and the use of digital technologies continues to be described rather than cost-cutting pressure or a challenging market environment.
  24. FY2018RestatedAnnual report

    「The information services industry in which we operate remained generally firm, supported by expectations for advanced technologies such as AI, RPA (Robotic Process Automation), IoT and blockchain to address the worsening labor shortage, as well as growing demand for IT investment to reform work practices and strengthen competitiveness.」

    The market’s underlying firmness, driven by the use of advanced technologies to address the labor shortage and growing demand for IT investment, continues to be described rather than the previously cited challenging market environment.
  25. FY2018-Q3RestatedAnnual report

    「The information services industry in which we operate remained generally firm, supported by expectations for advanced technologies such as AI, RPA (Robotic Process Automation), IoT and blockchain, as well as growing demand for IT investment to improve operational efficiency and strengthen competitiveness through their use.」

    The market’s underlying firmness, driven by expectations for AI, RPA, IoT and blockchain and growing demand for IT investment, continues to be described rather than cost-cutting pressure or a challenging market environment.
  26. FY2018-Q2RestatedAnnual report

    「In the information services industry in which the Company operates, expectations were high for advanced technologies such as AI, IoT and blockchain. Conditions were generally solid, owing to rising demand for IT investment aimed at improving operational efficiency and strengthening competitiveness through the use of these technologies.」

    Rather than cost-cutting pressure and challenging market conditions, the discussion continued to describe solid market conditions against the backdrop of expectations for advanced technologies and rising demand for IT investment.
  27. FY2018-Q1SoftenedAnnual report

    「In the information services industry in which the Group operates, conditions were generally solid, owing to rising demand for IT investment aimed at improving operational efficiency and strengthening competitiveness.」

    In place of the previous references to cost-cutting pressure and challenging market conditions, the discussion described rising demand for IT investment aimed at improving operational efficiency and strengthening competitiveness, as well as solid market conditions.
  28. FY2017SoftenedAnnual report

    「In the information services industry in which the Company operates, investment in information-related facilities, including software, was on an upward trend.」

    The discussion did not refer to demands for cost reductions or challenging market conditions, focusing instead on the upward trend in information-related investment.
  29. FY2017-Q2SoftenedAnnual report

    「In the information services industry in which the Company operates, corporate investment in systems was on an upward trend, and strong expectations were placed on ICT services expected to be central to growth strategies, including AI (artificial intelligence), IoT (Internet of Things) and FinTech.」

    The discussion no longer referred to the widespread demands for cost reductions or challenging market conditions described in the previous quarter, instead focusing on increased corporate investment in systems and expectations for AI, IoT and FinTech.
  30. FY2017-Q1First statedAnnual report

    「In the information industry, system investment, particularly among large companies, showed signs of gradual improvement owing to system integration and replacement demand. However, companies continued to face widespread demands to cut costs, and conditions remained challenging.」

    The market environment was described as continuing to involve demands for cost reductions despite signs of improvement in system investment.
Moved together

"Nine-month cumulative net sales decrease, operating profit increase, and ordinary and net income decreases" moved the same way as this thread, in the same document, in 7 of its 30 moves.

754222★123456
  1. ★This thread
  2. 1Nine-month cumulative net sales decrease, operating profit increase, and ordinary and net income decreases7×
  3. 2Uncertainty over the outlook for the economy and external demand against the backdrop of the UK's withdrawal from the EU and other factors5×
  4. 3First-quarter R&D activity expenses: ¥25,640 thousand4×
  5. 4Sluggish performance in the services business due to a decline in large-scale SI projects2×
  6. 5Risk of changes in business activity, demand and customer needs due to COVID-192×
  7. 6Occurrence of contracts expected to incur losses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Intramart's next results are scheduled for 2026-10-28. Read the earnings preview
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Cost Reduction Pressure and Challenging Market Conditions in the Information Industry | INTRAMART CORPORATION (3850) | Komori