Declining Demand for Implementation Support as Cashless Payments Become More Widespread
First written in FY2020-Q1. 4 of 8 entries say "Mitigated", first in FY2021-Q1. Latest entry: FY2021.
0 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「In Sales Business Support, in response to client needs to expand the rollout of cashless payment services, the Group strengthened its sales support structure and focused on expanding the mobility-related business, which it had newly begun developing. As a result, sales for the current consolidated fiscal year were ¥1,356 million, up 79.6% year on year.」
Despite the decline in demand for cashless payment implementation support, sales increased 79.6% year on year through the strengthening of the sales support structure and expansion of the mobility-related business. - FY2021-Q3MitigatedAnnual report
「In Sales Business Support, in response to client needs to expand the rollout of cashless payment services, the Group strengthened its sales support structure and focused on expanding the mobility-related business, which it had newly begun developing. As a result, sales for the cumulative third quarter of the current consolidated fiscal year were ¥1,066 million, up 145.9% year on year.」
Sales in the sector increased 145.9% year on year as the Group responded to client needs to expand cashless payment services and expanded its mobility-related business. - FY2021-Q2MitigatedAnnual report
「In Sales Business Support, in response to client needs to expand the rollout of cashless payment services, the Group strengthened its sales support structure and began working on mobility-related projects. As a result, sales for the cumulative second quarter of the current consolidated fiscal year were ¥733 million, up 136.7% year on year.」
Sales increased 136.7% year on year, mainly because the sales support structure was strengthened in response to client needs to expand the rollout of cashless payment services. - FY2021-Q1MitigatedAnnual report
「In Sales Business Support, the Group strengthened sales efforts in response to client demand to expand the rollout of cashless payment services. As a result, sales for the cumulative first quarter of the current consolidated fiscal year were ¥231 million, up 41.1% year on year.」
While demand for cashless payment implementation support continued to decline, the Group strengthened sales efforts in response to client demand to expand service rollouts, resulting in a 41.1% year-on-year increase in sales. - FY2020MaterialisedAnnual report
「In Sales Business Support, demand from clients for field sales reached a plateau as cashless payment services became more widespread. As a result, sales for the current consolidated fiscal year were ¥755 million, down 36.3% year on year.」
The plateauing of demand for field sales following the spread of cashless payments was explicitly identified, and sales in the sector fell 36.3% year on year. - FY2020-Q3RestatedAnnual report
「In Sales Business Support, demand for implementation support declined as cashless payment services became more widespread. As a result, sales for the cumulative third quarter of the current consolidated fiscal year were ¥433 million, down 56.7% year on year.」
The decline in demand for implementation support accompanying the spread of cashless payment services continued, and sales fell 56.7% year on year. - FY2020-Q2RestatedAnnual report
「In Sales Business Support, demand for implementation support declined as cashless payment services became more widespread. As a result, sales for the cumulative second quarter of the current consolidated fiscal year were ¥310 million, down 59.0% year on year.」
The decline in demand for implementation support accompanying the spread of cashless payment services continued, and sales fell 59.0% year on year. - FY2020-Q1MaterialisedAnnual report
「In Sales Business Support, demand for implementation support declined as cashless payment services became more widespread. As a result, sales for the cumulative first quarter of the current consolidated fiscal year were ¥164 million, down 63.0% year on year.」
Demand for implementation support actually declined as cashless payment services became more widespread, resulting in a 63.0% year-on-year decline in sales in the sector.