Risk of System Failures Arising from Dependence on the Internet
First written in FY2020. 1 of 3 entries say "Worsened", first in FY2021. Latest entry: FY2025.
Japan PropTech moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 17 of 84 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「On 28 May 2025, the Company integrated the inter-business property distribution services 「リアプロ」 and 「不動産ＢＢ」 into a single service called 「リアプロＢＢ」. However, following the integration, system failures and other integration-related problems occurred frequently, so on 18 June of the same year the Company reverted customers who had used 「リアプロ」 before the integration to that service.」
The risk of system failures associated with reliance on the internet materialised as frequent failures after the service integration and a subsequent reversion. - FY2021WorsenedAnnual report
「Accordingly, if a system failure occurs because of a natural disaster, war, terrorism, an accident, other destruction of or failure in communications infrastructure, or criminal activity involving computer viruses or hackers, causing the Company's systems or systems outsourced to external providers to stop operating normally, this could have an extremely serious impact on its business.」
In addition to the previously stated risks of natural disasters and communications failures, war, terrorism and accidents, as well as outsourced systems, are expressly identified, and the impact on the business is described as “extremely serious.” - FY2020First statedAnnual report
「The Company relies heavily on the internet to provide its products and services. If a system failure occurs, it may be difficult to secure fully alternative routes for sales activities and service delivery, potentially affecting the Company's financial position and operating results.」
Natural disasters, failures of communications infrastructure, computer viruses and hacker activity are cited as possible causes.