Risk of Reduced Customer IT Investment Due to Economic Downturns
First written in FY2022. 9 of 10 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In the information services industry to which the Group belongs, demand for digital transformation, or DX, remains strong even under such circumstances. DX aims to promote digital businesses that create new value and revenue through the use of technology, in addition to improving management efficiency and productivity in response to the declining labor force. In particular, efforts to modernize information systems to address the future decline in the number of engineers and technological innovation are active, and IT investment demand is therefore expected to remain firm.」
While indicating uncertainty in the external environment, the outlook for firm IT investment demand driven by DX, modernization and other factors has been reconfirmed. - FY2025RestatedAnnual report
「Accordingly, if the IT capital investment trends of customer companies deteriorate in response to economic conditions in Japan and overseas, this may affect the Group's business development, financial condition and operating results.」
The risk of declining customer companies' IT investment due to economic conditions and other factors has been reconfirmed, with long-term contracts and the use of partners to convert costs into variable costs serving as countermeasures. - FY2025-H1RestatedAnnual report
「In the information services industry to which the Group belongs, demand for digital transformation, or DX, remains strong even under such circumstances. DX aims to promote digital businesses that create new value and revenue through the use of technology, in addition to improving management efficiency and productivity in response to the declining labor force. In particular, efforts to modernize information systems to address the future decline in the number of engineers and technological innovation are active, and IT investment demand is therefore expected to remain firm. At the same time, there are concerns that the trend toward postponing investment decisions may strengthen against the backdrop of changes in the global situation.」
While indicating an outlook for firm IT investment demand driven by modernization and other factors, the possibility of postponement of investment decisions against the backdrop of changes in the global situation has been reconfirmed. - FY2024RestatedAnnual report
「Accordingly, if the IT capital investment trends of customer companies deteriorate in response to economic conditions in Japan and overseas, this may affect the Group's business development, financial condition and operating results.」
The risk of declining customer companies' IT investment due to economic conditions and other factors has been reconfirmed, with long-term contracts and the use of partners to convert costs into variable costs serving as countermeasures. - FY2024-Q3RestatedAnnual report
「In the information services industry to which the Group belongs, demand for digital transformation, or DX, remains strong even under such circumstances. DX aims to promote digital businesses that create new value and revenue through the use of technology, in addition to improving management efficiency and productivity in response to the declining labor force. In particular, efforts to modernize information systems to address the future decline in the number of engineers and technological innovation are active, and IT investment demand is therefore expected to remain firm. At the same time, there are concerns that the trend toward postponing investment decisions may strengthen against the backdrop of changes in the global situation and tighter financial conditions.」
While indicating an outlook for firm IT investment demand driven by modernization and other factors, the possibility of postponement of investment decisions against the backdrop of global conditions and tighter financial conditions has been reconfirmed. - FY2024-Q2RestatedAnnual report
「In the information services industry to which the Group belongs, demand for digital transformation, or DX, remains strong even under such circumstances. DX aims to promote digital businesses that create new value and revenue through the use of technology, in addition to improving management efficiency and productivity in response to the declining labor force. In particular, efforts to modernize information systems to address the future decline in the number of engineers and technological innovation are active, and IT investment demand is therefore expected to remain firm. At the same time, there are concerns that the trend toward postponing investment decisions may strengthen against the backdrop of changes in the global situation and tighter financial conditions.」
While indicating an outlook for firm IT investment demand driven by modernization and other factors, the possibility of postponement of investment decisions against the backdrop of global conditions and tighter financial conditions has been reconfirmed. - FY2024-Q1RestatedAnnual report
「Even under such circumstances, demand for digital transformation, or DX, which aims to promote digital businesses that create new value and revenue through the use of technology, remains strong, in addition to improving management efficiency and productivity in response to the declining labor force. In particular, efforts to modernize information systems to address the future decline in the number of engineers and technological innovation are active, and IT investment demand is therefore expected to remain firm. At the same time, there are concerns that the trend toward postponing investment decisions may strengthen against the backdrop of changes in the global situation and tighter financial conditions.」
While indicating an outlook for firm IT investment demand driven by modernization and other factors, the possibility of postponement of investment decisions against the backdrop of global conditions and tighter financial conditions has been reconfirmed. - FY2023RestatedAnnual report
「If the IT capital investment trends of customer companies deteriorate in response to economic conditions in Japan and overseas, this may affect the Group's business development, financial condition and operating results.」
The risk of declining customer companies' IT investment due to economic conditions has been reconfirmed. - FY2023-Q3RestatedAnnual report
「Even under such circumstances, demand in the information services industry to which the Group belongs remains strong for digital transformation, or DX, which aims to promote digital businesses that create new value and revenue through the use of technology, in addition to improving management efficiency and productivity in response to the declining labor force. In particular, efforts to modernize information systems to address the future decline in the number of engineers and technological innovation are active, and IT investment demand is therefore expected to remain firm. At the same time, there are concerns that the trend toward postponing investment decisions may strengthen against the backdrop of changes in the global situation and tighter monetary policy.」
While indicating an outlook for firm IT investment demand driven by modernization and other factors, the possibility that customers may postpone investment decisions due to global conditions and monetary policy has been reconfirmed. - FY2022First statedAnnual report
「If the IT capital investment trends of customer companies deteriorate in response to economic conditions in Japan and overseas, this may affect the Group's business development, financial condition and operating results.」
The deterioration of customer companies' IT capital investment due to economic conditions and other factors is described as a business-environment risk.