Corporate IT Investment Restraint and Canceled or Delayed Cloud Adoption Projects
First written in FY2021-Q2. 11 of 13 entries say "Mitigated", first in FY2021-Q3. Latest entry: FY2025-Q1.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2025-Q1MitigatedAnnual report
「Cloud integration saw steady repeat orders from existing customers and customer acquisition and orders from new customers as demand for cloud services continued to grow strongly. As a result, revenue was ¥556.618 million, up 37.2% year on year.」
For the cloud integration business, which had previously been affected by curtailed IT investment and canceled or delayed cloud implementation projects, the company reported increased repeat orders, new customer acquisition and revenue, with the impact continuing to decrease. - FY2024-Q3MitigatedAnnual report
「Cloud integration saw steady customer acquisition and orders as the business recovered from the impact of COVID-19 and demand for cloud services accelerated further. As a result, revenue was ¥1,319.059 million, up 83.4% year on year.」
For the cloud integration business, which had been affected through the previous fiscal year by curtailed IT investment and canceled or delayed implementation projects, the impact has decreased as demand recovered, customer acquisition and orders remained steady, and revenue increased substantially. - FY2024-Q2MitigatedAnnual report
「Cloud integration saw steady customer acquisition and orders as the business recovered from the impact of COVID-19 and demand for cloud services accelerated further. As a result, revenue was ¥812.986 million, up 152.8% year on year.」
For the cloud integration business, which had been affected through the previous fiscal year by curtailed IT investment and canceled or delayed implementation projects, the company reported a recovery in demand, steady orders and a substantial increase in revenue. - FY2024-Q1MitigatedAnnual report
「As the company recovered from the impact of COVID-19 and cloud demand accelerated further, customer acquisition and orders in cloud integration remained steady. As a result, revenue was ¥406 million, up 192.6% year on year.」
For the cloud integration business, which had been affected through the previous fiscal year by curtailed IT investment and canceled or delayed implementation projects, the company reported a recovery in demand, steady orders and a 192.6% year-on-year increase in revenue. - FY2023MitigatedAnnual report
「Cloud integration performed steadily in terms of customer acquisition and orders as the business recovered from the impact of COVID-19 and cloud demand accelerated further. As a result, revenue was ¥1,139.120 million, up 106.1% year on year.」
For the cloud integration business, which had been affected through the previous fiscal year by curtailed IT investment and canceled or delayed implementation projects, the company reported that revenue increased 106.1% year on year, indicating that the impact had decreased. - FY2023-Q3MitigatedAnnual report
「As the company recovered from the impact of COVID-19 and cloud demand accelerated further, customer acquisition and orders in cloud integration remained steady. As a result, revenue was ¥719 million, up 81.0% year on year.」
For the cloud integration business, which had been affected through the previous fiscal year by curtailed IT investment and canceled or delayed implementation projects, the impact has decreased as demand recovered, orders remained steady and revenue increased substantially. - FY2023-Q1MitigatedAnnual report
「Cloud integration performed steadily in terms of customer acquisition and orders as the business recovered from the impact of COVID-19 and cloud demand accelerated further.」
For the cloud integration business, which had been affected through the previous fiscal year by curtailed IT investment and canceled or delayed implementation projects, the company reported a recovery in demand and steady orders, explaining that the impact was decreasing. - FY2022MitigatedAnnual report
「As the company recovered from the impact of COVID-19 and cloud demand accelerated further, cloud integration saw steady increases in customer acquisition and orders. The number of projects increased 5.5% year on year, the number of customers increased 6.4% and average project value increased 23.2%.」
The company explained that the impact on cloud integration, which had continued through the previous fiscal year due to curtailed IT investment and canceled or delayed implementation projects, decreased as demand recovered, orders increased, project fees rose and revenue increased. - FY2022-Q3MitigatedAnnual report
「As the company recovered from the impact of COVID-19 and cloud demand accelerated further, cloud integration saw steady increases in customer acquisition and orders. The number of projects increased 13.5% year on year, the number of customers increased 14.5% and average project value increased 24.2%. As a result, revenue was ¥397 million.」
The impact of companies curbing IT investment and canceling or delaying implementation projects decreased from the previous fiscal year, while the company reported increased customer acquisition, orders and project fees as cloud demand accelerated. - FY2022-Q1MitigatedAnnual report
「As cloud demand recovered, cloud integration saw steady increases in customer acquisition and orders. Although the number of projects declined 5.3% year on year, the number of customers increased 2.6% and average project value increased 17.7%. As a result, revenue was ¥118 million, up 10.8% year on year.」
For the cloud integration business, which had been affected through the previous fiscal year by companies curbing IT investment and canceling or delaying implementation projects, the company reported increased customer acquisition, orders and project fees as cloud demand recovered, indicating that the impact on the business had improved from the previous fiscal year. - FY2021MaterialisedAnnual report
「In the short term, companies were also curbing IT investment and canceling or delaying implementation projects, and growth in Japan's public cloud services market slowed in 2020.」
Companies in fact curtailed IT investment and canceled or delayed implementation projects, and the annual report also confirms the short-term slowdown in Japan's public cloud market and its impact on the cloud integration business. - FY2021-Q3MitigatedAnnual report
「Many companies were also curbing IT investment and canceling or delaying projects. This affected our cloud integration business, but as economic activity recovered, the number of customers, projects and average project fees increased from August 2020, and the business has gradually been improving.」
The impact of curtailed IT investment and canceled or delayed implementation projects is still being felt, but since August 2020 the number of customers, projects and average project fees have increased, and the cloud integration business has gradually improved. - FY2021-Q2First statedAnnual report
「In the short term, companies have also been curbing IT investment and canceling or delaying implementation projects, and growth in Japan's public cloud services market slowed in 2020.」
During the spread of COVID-19, companies were in fact seen curbing IT investment and canceling or delaying cloud implementation projects, and the short-term slowdown in Japan's public cloud market was identified as a new risk.