Risk of Worsening Profitability and Delays in System Development Projects
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2017: 9 of 31 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Contract-based projects above a certain scale are selected as "high-risk projects." To limit unprofitable and delayed projects, we respond early to risks by confirming the feasibility of proposals to customers and clarifying contract terms, check the appropriateness of plans and cost estimates at the time of order acceptance, and regularly monitor and manage progress, issues, risks and mitigation measures through delivery.」
The company continues to describe measures to limit unprofitable and delayed projects by selecting high-risk projects and managing proposals, contracts, costs and progress. - FY2023RestatedAnnual report
「Contract-based projects above a certain scale are selected as "high-risk projects." To limit unprofitable and delayed projects, we respond early to risks by confirming the feasibility of proposals to customers and clarifying contract terms, check the appropriateness of plans and cost estimates at the time of order acceptance, and regularly monitor and manage progress, issues, risks and mitigation measures through delivery.」
The company continues to select high-risk projects and manage estimates, progress and issues in response to the risks of deteriorating profitability and delays in system development projects. - FY2022RestatedAnnual report
「Contract-based projects above a certain scale are selected as "high-risk projects." To limit unprofitable and delayed projects, we respond early to risks by confirming the feasibility of proposals to customers and clarifying contract terms, check the appropriateness of plans and cost estimates at the time of order acceptance, and regularly monitor and manage progress, issues, risks and mitigation measures through delivery.」
The company continues to describe its responses to the risks of deteriorating profitability and delays in system development projects, including selecting high-risk projects and managing estimates, progress and issues. - FY2021MitigatedAnnual report
「Contract-based projects above a certain scale are selected as "high-risk projects." To limit unprofitable and delayed projects, we respond early to risks by confirming the feasibility of proposals to customers and clarifying contract terms, check the appropriateness of plans and cost estimates at the time of order acceptance, and regularly monitor and manage progress, issues, risks and mitigation measures through delivery.」
For the risks of deteriorating profitability and delays in system development projects, the company specifies procedures for selecting high-risk projects and managing estimates, progress and issues. - FY2020First statedAnnual report
「If a problem or other issue occurs during development work, or if a defect occurs after the developed system is released, additional work may be required to resolve it. If the Group bears some or all of the additional costs, the profitability of the system development project may deteriorate.」
The company describes the uncertainty of specifications and man-hour estimates in contract-based projects, and the risks of deteriorating profitability and fluctuating performance due to additional work and costs and delays in customer acceptance.