Economic Downturn and Contraction in Domestic Systems Investment
First written in FY2018. 11 of 20 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2025-H1.
D.I.System moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2025-H1External economic uncertainties updatedAnnual report
「On the other hand, economic prospects in Japan and overseas remain uncertain due to the impact of the new US administration and instability in the international situation.」
Regarding risks related to economic conditions and the systems investment environment, the company continues to cite the existing uncertainty while identifying the impact of the new US administration and instability in the international situation as factors. - FY2024RestatedAnnual report
「The company believes that economic prospects in Japan and overseas will remain uncertain due to increased downside risks to the economy associated with global monetary tightening and growing instability in the international situation.」
The company continues to identify global monetary tightening, downside risks to the economy and instability in the international situation as sources of uncertainty in the economic environment. - FY2024-Q1RestatedAnnual report
「On the other hand, economic prospects in Japan and overseas remain uncertain due to increased downside risks to the economy associated with global monetary tightening and growing instability in the international situation.」
The company continues to describe uncertainty over the economic outlook due to global monetary tightening, downside risks to the economy and instability in the international situation. - FY2023WorsenedAnnual report
「The company believes that the impact on the Japanese economy of continued yen depreciation, higher raw material and energy costs resulting from the prolonged situation in Ukraine, instability in China's economy and worsening conditions in the Middle East will persist for the time being.」
In addition to the existing uncertainties related to economic conditions, yen depreciation, resource prices and the situation in Ukraine, the company adds instability in China's economy and worsening conditions in the Middle East as sources of uncertainty in the economic environment. - FY2023-Q3WorsenedAnnual report
「On the other hand, the outlook remains uncertain due to increased downside risks to the economy associated with global monetary tightening, continued yen depreciation, and higher raw material and energy costs resulting from the prolonged situation in Ukraine.」
The company identifies global monetary tightening, downside risks to the economy, yen depreciation, and higher raw material and energy costs resulting from the prolonged situation in Ukraine as sources of uncertainty. - FY2023-Q2WorsenedAnnual report
「On the other hand, the outlook remains uncertain due to increased downside risks to the economy associated with global monetary tightening, continued yen depreciation and higher raw material and energy costs.」
In addition to the existing uncertainties related to economic conditions and foreign exchange rates, the company identifies downside risks to the economy associated with global monetary tightening, continued yen depreciation and higher raw material and energy costs as new sources of uncertainty. - FY2023-Q1WorsenedAnnual report
「On the other hand, the outlook remains uncertain, with concerns about inflation increasing against a backdrop of higher resource prices resulting from the situation between Russia and Ukraine and rapid yen depreciation.」
In addition to the existing uncertainties related to economic conditions, foreign exchange rates and resource prices, the company identifies the situation between Russia and Ukraine, higher resource prices, rapid yen depreciation and inflation concerns as sources of uncertainty in the economic environment. - FY2022-Q3WorsenedAnnual report
「On the other hand, the prolonged impact of COVID-19, rapid yen depreciation and higher resource prices may lead some customer companies, depending on their industries, to curb IT investment, and conditions are expected to remain unpredictable. However, the Group provides services to customers in a range of industries and is not dependent on any particular industry or business type, so the impact on performance is expected to be limited.」
In addition to the prolonged infection, rapid yen depreciation and higher resource prices have added new uncertainties to the risk of restrained IT investment. On the other hand, the company explains that the impact on performance is expected to be limited because it provides services to a range of industries. - FY2022-Q2MitigatedAnnual report
「On the other hand, the prolonged impact of COVID-19 may lead some customer companies, depending on their industries, to curb IT investment, and conditions are expected to remain unpredictable. However, the Group provides services to customers in a range of industries and is not dependent on any particular industry or business type, so the impact of COVID-19 on performance has been limited.」
The possibility of customers curbing IT investment remains, depending on their industries, but the company explains that the impact of the infection on performance has been limited because it provides services to a range of industries and is not dependent on any particular industry. - FY2022-Q1WorsenedAnnual report
「On the other hand, concerns about a resurgence of COVID-19 infections due to the emergence of the Omicron variant may lead some customer companies, depending on their industries, to curb IT investment, and conditions are expected to remain unpredictable.」
In addition to the existing risk of restrained IT investment due to an economic recession and other factors, the company describes concerns about a resurgence of infections due to the Omicron variant and the possibility of investment restraint depending on customers' industries. - FY2021-Q3RestatedAnnual report
「On the other hand, some customer companies have been forced to refrain from IT investment due to the prolonged curtailment of economic activity and the economic recession. Appetite for investment has varied depending on the nature of the investment and the customer's industry, and conditions are expected to remain unpredictable.」
The company continues to recognize that some customer companies are refraining from IT investment due to the economic recession and other factors, and that variations in investment appetite by investment type and industry persist. - FY2021-Q1MaterialisedAnnual report
「On the other hand, some customer companies have been forced to refrain from IT investment due to the prolonged curtailment of economic activity and the economic recession. Appetite for investment has varied depending on the nature of the investment and the customer's industry, and conditions are expected to remain unpredictable.」
The company states that some customer companies have in fact been forced to refrain from IT investment due to the economic recession and other factors, resulting in variations in investment appetite by investment type and customer industry. - FY2020WorsenedAnnual report
「The company recognizes that there is a substantial possibility that the risk of customer companies changing their decisions regarding IT investment may materialize in response to the spread of COVID-19, in which case this may affect the Group's business and performance.」
In addition to the existing risks of an economic downturn and reduced IT investment, the company explicitly identifies changes in customers' IT investment decisions due to COVID-19 as a reasonably likely risk. - FY2020-Q3WorsenedAnnual report
「In addition to US-China trade friction, the UK's withdrawal from the EU and geopolitical risks in the Middle East, the global spread of COVID-19 in the latter half caused economic activity to stagnate and the economy to deteriorate rapidly, leaving the outlook extremely uncertain.」
In addition to the existing international economic and geopolitical uncertainties, the company describes the stagnation of economic activity and rapid economic deterioration caused by COVID-19, stating that uncertainty over the outlook has increased. - FY2020-Q2WorsenedAnnual report
「In addition to developments in neighboring countries, including US-China trade friction, the UK's withdrawal from the EU and geopolitical risks in the Middle East, the unexpected economic impact and social anxiety caused by the global spread of COVID-19 have compounded one another, and the outlook has become increasingly uncertain.」
In addition to the existing international economic and geopolitical uncertainties, the company cites the economic impact and social anxiety caused by the global spread of COVID-19, stating that uncertainty over the outlook has increased. - FY2020-Q1WorsenedAnnual report
「During the cumulative first quarter period, the Japanese economy remained on a moderate recovery trend in terms of employment and income conditions. However, business sentiment continued to deteriorate, particularly in manufacturing, due to declining exports and weaker appetite for capital investment against a backdrop of a slowdown in the global economy. This led to stagnant cargo movement and cost-cutting efforts, while concerns arose about an economic downturn due to the decline in demand following the consumption tax increase and the impact of successive natural disasters. In addition, the impact on the Japanese economy of developments in neighboring countries, including US-China trade friction, moves toward the UK's withdrawal from the EU and geopolitical risks in the Middle East, will need to be monitored, and the outlook remains uncertain.」
The company lists a slowdown in the global economy, declining exports, weaker appetite for capital investment, the decline in demand following the consumption tax increase, natural disasters, US-China trade friction, the UK's withdrawal from the EU and geopolitical risks in the Middle East, describing worsening business sentiment and greater uncertainty over the outlook. - FY2019RestatedAnnual report
「During the fiscal year, the Japanese economy remained firm, supported by continued, active investment by domestic companies in production facilities, service infrastructure and other areas, despite concerns about the impact on the global economy of a slowdown in China's economy caused by US-China trade friction and the UK's withdrawal from the EU.」
The company recognizes external economic risks, including US-China trade friction, a slowdown in China's economy and the UK's withdrawal from the EU, while stating that the domestic economy remained firm. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter period, the Japanese economy continued to recover moderately against a backdrop of improving employment and income conditions. At the same time, concerns remained about the impact on the global economy, including Japan, of a slowdown in China's economic growth caused by US-China trade friction, as well as the prospect of sharp changes in economic conditions in Japan and overseas resulting directly from the expected Japan-US trade negotiations.」
The company describes concerns about sharp changes in the domestic and overseas economies resulting from US-China trade friction, a slowdown in China's economy and future Japan-US trade negotiations. It continues to recognize the external economic uncertainties identified through the previous fiscal year. - FY2019-Q1WorsenedAnnual report
「Uncertainty increased and the outlook remained unclear due to a slowdown in external demand, US-China trade friction, volatility in the international financial and capital markets, and geopolitical risks in neighboring countries.」
The company lists a slowdown in external demand, trade friction, financial market volatility and geopolitical risks as external factors relating to an economic downturn, and describes the resulting increase in uncertainty. - FY2018First statedAnnual report
「At customer companies, the service areas provided by the Group may contract as a result of reduced systems investment due to an economic downturn, in-house system development and other factors.」
The company identifies contraction in its service areas due to an economic downturn and customers bringing development in-house as risks.