Risk of an Economic Downturn and Declining Customer IT Investment
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「A decline in customers' IT investment due to deteriorating economic conditions or a sluggish economy could affect the company's business activities and operating performance.」
The company continues to identify the risk that lower customer IT investment due to economic deterioration or sluggish economic conditions could affect its business activities and operating performance. - FY2023RestatedAnnual report
「A decline in customers' IT investment due to deteriorating economic conditions or a sluggish economy could affect the company's business activities and operating performance.」
The company continues to identify the risk that lower customer IT investment due to economic deterioration or sluggish economic conditions could affect its business activities and operating performance. - FY2023-Q3RestatedAnnual report
「Information systems development sales continued to face difficulties in acquiring new users from the previous fiscal year. The initial plan also assumed the acquisition of new users for existing ASP services. However, as large and medium-sized merchants were switched en masse to IC-enabled systems in connection with the Ministry of Economy, Trade and Industry's promotion of credit card IC adoption in 2020, demand temporarily stagnated from 2021 onward, and the subsequent decline in demand appears to have had a greater-than-expected impact.」
The company has reaffirmed its assessment that difficulties acquiring new users and the stagnation and subsequent decline in demand for existing ASP services are continuing. - FY2023-Q2MaterialisedAnnual report
「Information systems development sales continued to face difficulties in acquiring new users from the previous fiscal year. The initial plan also assumed the acquisition of new users for existing ASP services. However, as large and medium-sized merchants were switched en masse to IC-enabled systems in connection with the Ministry of Economy, Trade and Industry's promotion of credit card IC adoption in 2020, demand temporarily stagnated from 2021 onward, and the subsequent decline in demand appears to have had a greater-than-expected impact.」
The company states that difficulties acquiring new users and the stagnation and subsequent decline in demand for existing ASP services have had a greater-than-expected impact. - FY2022First statedAnnual report
「A decline in customers' IT investment due to deteriorating economic conditions or a sluggish economy could affect the company's business activities and operating performance.」
The company has newly established as a standalone risk the possibility that economic deterioration or sluggish economic conditions could reduce customers' IT investment and affect its business activities and operating performance.