Reduced public budgets and lower workloads and unit prices due to offshoring
First written in FY2016. 13 of 18 entries say "Restated". Latest entry: FY2025.
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- FY2025WorsenedAnnual report
「Public-sector-related operations are relatively resilient to economic fluctuations, but may be affected by reductions in IT budgets and other factors accompanying an economic downturn and changes in global conditions. If workloads decline and per-person-month unit prices fall more than expected as a result, growth could slow.」
For the public sector, the risk of slower growth if IT budget reductions lead to greater-than-expected declines in workloads or per-person-month unit prices is explicitly identified. - FY2023WorsenedAnnual report
「In addition, if competition in the public sector advances beyond expectations due to the diversification of development methods, including agile, low-code and no-code development and offshore outsourcing, growth could slow.」
In addition to the existing risks of budget reductions and restraint on unit prices due to offshore outsourcing, intensifying competition in the public sector resulting from the diversification of development methods such as agile, low-code and no-code development has been identified as a risk. - FY2022WorsenedAnnual report
「In addition, while continued budget reductions and restraint on contract unit prices due to offshore outsourcing are expected, the aging of core personnel responsible for business growth is gradually advancing.」
In addition to public-sector budget reductions and restraint on unit prices due to offshore outsourcing, the aging of core personnel is explicitly identified as a new business concern. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change is described as having occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change is described as having occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2020WorsenedAnnual report
「In public-sector-related operations, declining workloads due to reductions in public-sector budgets and other factors associated with Japan’s economic measures relating to COVID-19, and the continued reduction of unit prices due to offshore outsourcing, are expected.」
In addition to the existing risk of reduced public-sector budgets and lower unit prices due to offshore outsourcing, the possibility of declining workloads amid economic measures relating to COVID-19 has been added. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change is described as having occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change is described as having occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2018RestatedAnnual report
「In public-sector-related operations, a decline in workloads due to reductions in public-sector budgets and other factors, and lower unit prices due to offshore outsourcing, are expected to continue.」
Declining workloads due to reduced public-sector budgets and lower unit prices due to offshore outsourcing continue to be described as challenges. - FY2018-Q3RestatedAnnual report
「There were no new events among the matters described in this quarterly report concerning the business and financial conditions that could materially affect investors' decisions, and no material changes to the matters described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining workloads due to reduced public-sector budgets and lower unit prices due to offshore outsourcing. - FY2018-Q2RestatedAnnual report
「There were no new events among the matters described in this quarterly report concerning the business and financial conditions that could materially affect investors' decisions, and no material changes to the matters described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining workloads due to reduced public-sector budgets and lower unit prices due to offshore outsourcing. - FY2017RestatedAnnual report
「In public-sector-related operations, a decline in workloads due to reductions in public-sector budgets and other factors, and lower unit prices due to offshore outsourcing, are expected to continue.」
Declining workloads due to reduced public-sector budgets and lower unit prices due to offshore outsourcing continue to be anticipated. - FY2017-Q3RestatedAnnual report
「There were no new events among the matters described in this quarterly report concerning the business and financial conditions that could materially affect investors' decisions, and no material changes to the matters described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2017-Q2RestatedAnnual report
「There were no new events among the matters described in this quarterly report concerning the business and financial conditions that could materially affect investors' decisions, and no material changes to the matters described under "Business and Other Risks" in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2017-Q1RestatedAnnual report
「There were no occurrences of matters among those relating to the business and financial conditions described in this quarterly report that could materially affect investors' decisions, nor were there any material changes to the matters described under “Business and Other Risks” in the annual securities report for the previous fiscal year.」
No material change is considered to have occurred regarding declining public-sector budgets and lower workloads and unit prices due to offshore outsourcing. - FY2016First statedAnnual report
「A decline in workloads due to reductions in public-sector budgets and other factors, and lower unit prices due to offshore outsourcing, are expected to continue.」
Reduced public-sector budgets and lower unit prices due to offshore outsourcing are anticipated as challenges for public-sector-related operations.