Failure to keep pace with technological innovation and declining customer IT investment
First written in FY2022. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Customers' IT investment tends to be affected by economic conditions and trends. If the Japanese economy stagnates or deteriorates, customers may reduce their IT investment, which could affect the group's financial results.」
The company continues to describe the decline in customer IT investment caused by an economic downturn and the resulting risk to financial results as a standalone risk related to the IT investment environment. - FY2025RestatedAnnual report
「However, if the group fails to respond adequately to future technological innovation, or if customer companies reduce their IT investment due to an economic downturn or other factors, orders from customer companies may decline, which could affect the group's financial results and financial position.」
The company has reiterated the risk that an inadequate response to technological innovation and declining customer IT investment could affect orders and financial results. - FY2024RestatedAnnual report
「However, if the group fails to respond adequately to future technological innovation, or if customer companies reduce their IT investment due to an economic downturn or other factors, orders from customer companies may decline, which could affect the group's financial results and financial position. Accordingly, the company will continue working to adopt advanced IT technologies.」
The company has reiterated the potential impact on orders and financial results of an inadequate response to technological innovation and declining customer IT investment, as well as its response of adopting advanced IT technologies. - FY2023RestatedAnnual report
「However, if the group fails to respond adequately to future technological innovation, or if customer companies reduce their IT investment due to an economic downturn or other factors, orders from customer companies may decline, which could affect the group's financial results and financial position.」
The company has reiterated the potential impact on orders and financial results of an inadequate response to technological innovation and declining customer IT investment. - FY2022First statedAnnual report
「However, if the company fails to respond adequately to future technological innovation, or if customer companies reduce their IT investment due to an economic downturn or other factors, orders from customer companies may decline, which could affect the company's financial results and financial position.」
The company describes the potential impact on orders and financial results of an inadequate response to technological innovation and declining customer IT investment due to an economic downturn.