Komori
Witz (4440) · FactRestated

Growing demand for embedded automotive software and model-based development

First written in FY2019-Q2. 21 of 27 entries say "Restated". Latest entry: 2026-10-09.

27entries
8years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2021RestatedFY2023-Q3 – 2026-10-092019: 320192020: 420202021: 420212022: 420222023: 420232024: 420242025: 220252026: 22026
Same theme, other companies
Expansion of Embedded Software into Automotive and HealthcareA theme 7 companies write about · 0 as a headwind · 8 as a tailwind

The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-09RestatedRevision of earnings forecasts

    「当事業年度においては、自動車向けの売上に関して、主力であります組込みソフトウェアの売上が堅調に推移したことに加え、シミュレータ・仮想空間技術、セキュリティ及びセーフティの売上が好調に推移したため、売上高は前期比増収となりました。」

    自動車向け組込みソフトウェア、シミュレータ・仮想空間技術、セキュリティ及びセーフティの需要・売上の好調を通期実績でも再確認している。
  2. FY2026-H1RestatedAnnual report

    「The environment surrounding our Group’s software business remained characterized by strong demand for development projects. In automotive sales, embedded software, our core business, remained steady, while simulator and virtual-space technologies and security and safety sales performed well, resulting in higher net sales year on year.」

    Demand for development projects continued to be strong. In the automotive sector, embedded software remained steady, while simulator and virtual-space technologies and security and safety performed well.
  3. FY2025RestatedAnnual report

    「The environment surrounding our Group remained characterized by strong demand for development projects. Sales to the automotive and industrial-equipment sectors performed well across the embedded-software, simulator and virtual-space, security and safety technology fields, led by our core embedded-software business.」

    The company continues to describe strong demand for development projects and solid performance in embedded software, simulator and virtual-space technologies, security and safety for the automotive and industrial-equipment sectors.
  4. FY2025-H1RestatedAnnual report

    「The environment surrounding our Group remained characterized by strong demand for development projects. Sales to the automotive and industrial-equipment sectors performed well across the embedded-software, simulator and virtual-space, security and safety technology fields, led by our core embedded-software business.」

    The company states that demand for development projects remained strong and that sales to the automotive and industrial-equipment sectors performed well across the embedded-software, simulator and virtual-space, security and safety technology fields.
  5. FY2024RestatedAnnual report

    「The environment surrounding our Group remained characterized by strong demand for development projects. In the industrial sector, sales to the automotive and industrial-equipment manufacturing industries increased substantially. By technology field, embedded software, our core business, and the security and safety technology fields performed well.」

    The company reaffirmed for the full fiscal year that demand for development projects remained strong, automotive and industrial-equipment manufacturing sales increased, and the embedded-software, security and safety fields performed well.
  6. FY2024-Q3RestatedAnnual report

    「The environment surrounding our Group remained characterized by strong demand for development projects. In the industrial sector, sales to the automotive and industrial-equipment manufacturing industries increased substantially. By technology field, sales of simulator and virtual-space technologies declined, while embedded software, our core business, and the security and safety technology fields performed well.」

    The company continues to describe strong demand for development projects, growth in automotive and industrial-equipment manufacturing sales, strong performance in embedded software, security and safety, and lower simulator and virtual-space technology sales.
  7. FY2024-Q2RestatedAnnual report

    「The environment surrounding our Group remained characterized by strong demand for development projects. In the industrial sector, sales to the automotive and industrial-equipment manufacturing industries increased substantially. By technology field, sales of simulator and virtual-space technologies declined, while embedded software, our core business, and the security and safety technology fields performed well. Net sales also increased year on year, partly because Eager was newly included in the scope of consolidation during the second quarter.」

    The company continues to report strong demand for development projects, growth in automotive and industrial-equipment manufacturing sales, strong performance in embedded software, security and safety, and lower simulator and virtual-space technology sales.
  8. FY2024-Q1Strong embedded software; lower simulator salesAnnual report

    「Even under these conditions, demand for development projects commissioned by our Group remained strong, and net sales increased year on year. In the industrial sector, sales to the automotive and industrial-equipment manufacturing industries increased substantially. By technology field, sales of simulator and virtual-space technologies declined, while our core embedded-software technologies performed well.」

    The disclosure describes continued strong demand for development projects, higher sales to industrial-equipment manufacturers and the automotive sector, lower sales of simulator and virtual-space technologies, and strong performance in embedded software.
  9. FY2023Change in demand mix following completion of major projectsAnnual report

    「Although sales in the relevant technology areas declined year on year because major projects involving security technologies and simulator and virtual-space technologies for the automotive and industrial-machinery markets were completed, the Group’s core embedded-software technology performed well. Sales to the automotive industry grew substantially, while sales to industrial machinery, including semiconductor-related equipment, remained steady.」

    Demand for development work remained high, but the completion of major security and simulator projects reduced sales in those areas, shifting the earnings mix toward embedded software and automotive and industrial-machinery sales.
  10. FY2023-Q3RestatedAnnual report

    「Even under these economic conditions, demand for development work for the Group remained high. Embedded software performed particularly well. Sales to the automotive industry grew substantially, while sales to industrial machinery, including semiconductor-related equipment, and sales of educational and intellectual-property content remained steady.」

    Demand for development work remained high, automotive sales increased, and sales to industrial machinery and for educational and intellectual-property content remained steady. There was no substantive change in direction from the prior quarter.
  11. FY2023-Q2AdvancedAnnual report

    「Even under these economic conditions, demand for development work for the Group remained high. Embedded software and simulator and virtual-space technologies performed particularly well. Sales to the automotive industry grew substantially, while sales to industrial machinery, including semiconductor-related equipment, and sales of educational and intellectual-property content also remained steady.」

    Demand for development work remained high, with substantial growth in automotive sales and steady performance in industrial machinery and education and intellectual-property content.
  12. FY2023-Q1RestatedAnnual report

    「Even under these economic conditions, inquiries for embedded-software development, the Group’s core business, remained strong, and automotive software development generated solid earnings growth. Against a backdrop of the semiconductor shortage, vigorous capital investment in semiconductor plants for AI and edge applications, and development related to CASE (Connected, Autonomous, Shared & Services, Electric), semiconductor-related software development and simulation technologies performed steadily.」

    Demand for embedded-software development remained strong, automotive software performed well, and semiconductor-related software and simulation technologies performed steadily.
  13. FY2022RestatedAnnual report

    「Even under these economic conditions, demand for development projects in our group’s core embedded software business remains high. Semiconductor-related software development and security-related consulting and services performed well, while automotive software development continued to generate steady earnings.」

    The full-year disclosure reconfirms strong demand for embedded-software development, strong performance in semiconductor-related software and security services, and steady earnings from automotive software.
  14. FY2022-Q3RestatedAnnual report

    「Even under these economic conditions, inquiries for embedded-software development, the Group’s core business, remained strong. Against a backdrop of the semiconductor shortage, vigorous capital investment in semiconductor plants for AI and edge applications, compliance with United Nations regulations relating to security, and development related to CASE (Connected, Autonomous, Shared & Services, Electric), semiconductor-related software development and security consulting and services performed well, while automotive software development continued to generate steady earnings.」

    Inquiries for embedded-software development remained strong, while semiconductor-related software, security consulting and services, and automotive software performed well or generated steady earnings.
  15. FY2022-Q2RestatedAnnual report

    「Under these economic conditions, inquiries for embedded-software development have begun to increase. Against a backdrop of the semiconductor shortage, vigorous capital investment in semiconductor plants for AI and edge applications, compliance with United Nations regulations relating to security, and development related to CASE (Connected, Autonomous, Shared & Services, Electric), semiconductor-related software development and security consulting and services performed well. Automotive software development also maintained steady earnings, and net sales increased year on year.」

    The disclosure continues to describe rising inquiries for embedded-software development, strong performance in the semiconductor and security businesses, and steady earnings from automotive software.
  16. FY2022-Q1AdvancedAnnual report

    「Under these economic conditions, inquiries began to increase in the automotive, semiconductor and security-technology fields, and signs of an order recovery began to emerge. Against a backdrop of strong demand for CASE (Connected, Autonomous, Shared & Services, Electric)-related technologies, vigorous capital investment in semiconductor plants for AI and edge applications amid a semiconductor shortage, and compliance with United Nations regulations relating to security, the autonomous-driving and advanced-safety simulator development, semiconductor-related software development and security businesses performed well, and net sales increased year on year.」

    The disclosure moves from signs of order recovery at some existing customers to an increase in inquiries in the automotive, semiconductor and security-technology fields. Autonomous-driving and advanced-safety simulator development, semiconductor-related software and security performed well.
  17. FY2021RestatedAnnual report

    「CASE (Connected, Autonomous, Shared & Services, Electric), in which the Group has particular strengths, is an essential technology for next-generation vehicle development, and demand remains high. In particular, autonomous-driving and advanced-safety simulator development and embedded-security services performed well.」

    The disclosure continues to state that demand for CASE-related technologies remains high and that autonomous-driving and advanced-safety simulator development and embedded security are performing well.
  18. FY2021-Q3RestatedAnnual report

    「Under these economic conditions, the Group’s principal automotive embedded-software business continued to be affected, although signs of an order recovery have begun to emerge at some customers. CASE (Connected, Autonomous, Shared & Services, Electric), in which the Group has particular strengths, is a key technology in the transformation of automotive technology, and demand for various types of development, particularly among automakers, remains high.」

    Although automotive embedded software continues to be affected, some customers are beginning to show signs of order recovery. Demand for CASE-related development remains elevated.
  19. FY2021-Q2RestatedAnnual report

    「However, CASE (Connected, Autonomous, Shared & Services, Electric), in which we have particular strengths, is a key technology in the transformation of automotive technology, and demand for various types of development remains elevated, particularly among automakers. As a result, advanced, high-value-added business fields, including autonomous-driving and advanced-safety simulator development and embedded security services, performed well.」

    Automotive embedded software continued to be affected, with orders sluggish due to the scaling back, cancellation and postponement of new development projects, while demand related to CASE, particularly autonomous-driving and advanced-safety simulators and embedded security, remained high.
  20. FY2021-Q1RestatedAnnual report

    「However, CASE (Connected, Autonomous, Shared & Services, Electric), in which the Group has particular strengths, is a key technology in the transformation of automotive technology, and demand for related development remains high. As a result, advanced, high-value-added business areas such as autonomous-driving and advanced-safety simulator development and embedded-security services performed well. Although orders increased in the industrial-machinery field through efforts to develop new customers, this was insufficient to offset declines in other fields, and net sales declined year on year.」

    Orders for automotive embedded software were sluggish due to the impact of various factors, while demand for CASE-related development remained high and high-value-added areas such as autonomous-driving and advanced-safety simulators and embedded security performed well.
  21. FY2020RestatedAnnual report

    「The embedded-systems industry is undergoing major transformation worldwide, and we anticipate that technologies on which the Group is focusing, including artificial intelligence, IoT, autonomous driving, DX and MaaS service platforms, will become more important than ever. This transformation is expanding the market for autonomous systems developed using our technologies.」

    The continuing importance of embedded systems, autonomous driving, artificial intelligence, DX and MaaS is described as a favorable business-environment trend supporting market expansion for autonomous-system development.
  22. FY2020-Q3RestatedAnnual report

    「Against this backdrop of deteriorating economic conditions, performance in the Group’s principal automotive embedded-software business has been affected, while some overseas development projects have been scaled back, canceled or postponed due to the impact of COVID-19. Nevertheless, demand for various types of development centered on autonomous driving in response to CASE (Connected, Autonomous, Shared & Services, Electric) remains high amid the ongoing transformation of automotive technology. We have therefore focused our proposals on advanced, high-value-added businesses, including CASE-compliant autonomous-driving and advanced-safety simulator development and embedded-security services.」

    Automotive embedded-software performance and overseas development have been affected by reductions, cancellations and postponements, while demand for development centered on autonomous driving in response to CASE remains high.
  23. FY2020-Q2RestatedAnnual report

    「Automotive technology is undergoing a period of transformation, and active investment in research and development to address CASE (Connected, Autonomous, Shared & Services, Electric) is expected to continue. Demand for autonomous-driving and advanced-safety simulator development related to the Autonomous element of CASE remains high.」

    The company describes some impact from deteriorating performance at major customers and on new-product development, while stating that demand related to CASE, particularly autonomous-driving and advanced-safety simulator development, remains elevated.
  24. FY2020-Q1Divergence in demand conditionsAnnual report

    「Automotive technology is undergoing a period of transformation, and active investment in product development and research to address CASE (Connected, Autonomous, Shared & Services, Electric) is expected to continue. Demand for autonomous-driving and advanced-safety simulator development related to the Autonomous element of CASE remains high.」

    While the disclosure describes deteriorating performance at major customers and an impact on new-product development, it states that demand related to CASE, particularly autonomous driving and advanced-safety simulator development, remains high, indicating a two-sided demand environment.
  25. FY2019RestatedAnnual report

    「Our core automotive embedded-software business continues to perform steadily as attention remains focused on research and product development accompanying changes in automotive technology, particularly connected cars, autonomous driving and MaaS (Mobility as a Service). Demand for model-based development and virtual-environment simulator development, which support the practical deployment of autonomous vehicles, remains high. Interest in and demand for technologies that enable the safe use of artificial intelligence supporting autonomous products are also rising rapidly.」

    Demand for automotive embedded software, model-based development, virtual-environment simulators and technologies for the safe use of artificial intelligence is described as remaining steady or high.
  26. FY2019-Q3RestatedAnnual report

    「Demand remains high, particularly for software development, model-based development and virtual-environment simulator development, centered on the automotive industry. The practical deployment of autonomous vehicles is becoming increasingly realistic, and investment in technology development in this field is expanding rapidly. Demand for our group’s autonomous-driving technologies, technologies for the safe use of artificial intelligence, and technologies for creating new services related to MaaS (Mobility as a Service) is also increasing steadily.」

    Demand for automotive software and related technologies remains high, with continued references to autonomous driving and the safe use of artificial intelligence, as well as needs related to MaaS technologies. As no specific achievements or numerical targets are presented, this is viewed as a continuation of the existing disclosure rather than substantive progress.
  27. FY2019-Q2First statedAnnual report

    「Demand remains strong, particularly for software development, model-based development and virtual-environment simulator development, centered on the automotive industry. The practical deployment of autonomous vehicles is becoming increasingly realistic, and investment in technology development in this field is expanding rapidly. Demand for our group’s autonomous-driving technologies and technologies for the safe use of artificial intelligence is also increasing steadily.」

    The business environment is described as favorable, with demand for automotive embedded-software technologies and demand for autonomous-driving and safe-use-of-artificial-intelligence technologies serving as tailwinds.
Moved together

"Improving Profitability Through Project-Level Profit Management, High-Margin Projects and Outsourcing Cost Controls" moved the same way as this thread, in the same document, in 2 of its 27 moves.

222★123
  1. ★This thread
  2. 1Improving Profitability Through Project-Level Profit Management, High-Margin Projects and Outsourcing Cost Controls2×
  3. 2Launch of a Service Design Business and Establishment of a Subsidiary Using Core Technologies2×
  4. 3Expanding from a manufacturing-centered business into services such as MaaS2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Witz's next results are scheduled for 2026-10-09. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-10-09: "Restated".
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Growing demand for embedded automotive software and model-based development | WITZ Corporation (4440) | Komori