Cuts to and postponement of customers’ IT and capital investment due to an economic downturn
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 4 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Depending on economic conditions, large and mid-sized companies, which are the Group's main customers, may substantially reduce or defer investment in business operations and equipment related to the Group's products, including the integrated ERP Kinjiro series, because these products are not directly linked to their sales.」
The risk of customer companies reducing or deferring investment in business operations and equipment as a result of economic deterioration continues to be disclosed. - FY2021RestatedAnnual report
「Depending on economic conditions, large and mid-sized companies, which are the Group's main customers, may substantially reduce or defer investment in business operations and equipment related to the Group's products, including the integrated ERP system Kinjiro Enterprise, because these products are not directly linked to their sales.」
The risk of customer companies reducing or deferring investment in business operations and equipment as a result of economic deterioration continues to be disclosed. - FY2020First statedAnnual report
「Deterioration or stagnation in economic conditions in Japan and overseas, as well as other external environmental factors, may affect the operating results and financial condition of the Group.」
The possibility that customer companies may reduce or defer business and capital investment in integrated ERP systems and other offerings not directly linked to their sales is described as a general external environmental risk separate from COVID-19.