Dependence on Public-Sector-Related Systems
First written in FY2016. 13 of 22 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 8 of 33 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The public-sector-related systems field is a stable earnings base for the business and one of the Company's strengths. It accounted for 30.6% of total net sales (30.6% in the previous fiscal year).」
Revenue from the public-sector-related business remained at 30.6%, unchanged from the previous year, reaffirming the Company's dependence on the public sector and measures to mitigate its impact through cross-divisional staffing and the acquisition of new projects. - FY2024WorsenedAnnual report
「We regard the public-sector-related systems field as one of our stable revenue bases and one of our distinguishing features, and it accounted for 30.6% of total sales (29.1% in the previous fiscal year).」
The public-sector-related business’s share of sales increased from 29.1% to 30.6%, expanding the dependence of the sales mix on the public sector. Measures to mitigate the impact through cross-business personnel allocation and winning new projects have continued. - FY2023MitigatedAnnual report
「We regard the public-sector-related systems field as one of our stable revenue bases and one of our distinguishing features, and it accounted for 29.1% of total sales (29.2% in the previous fiscal year).」
The public-sector-related business’s share of sales declined from 29.2% to 29.1%, while measures to mitigate the impact through cross-business personnel allocation and the promotion of new projects and new businesses have continued. - FY2022MitigatedAnnual report
「We regard the public-sector-related systems field as one of our stable revenue bases and one of our distinguishing features, and it accounted for 29.2% of total sales (32.4% in the previous fiscal year).」
The public-sector-related business’s share of sales declined from 32.4% to 29.2%, reducing the relative dependence of sales on the public sector. Cross-business personnel allocation and winning new projects continue to be cited as measures to mitigate the impact. - FY2022-Q3MitigatedAnnual report
「In terms of business performance, the broad business portfolio being expanded strategically proved effective, and the business as a whole progressed steadily as strong system investment demand in the private sector offset the decline following the previous increase in public-sector-related operations.」
Although public-sector-related operations experienced a decline following the previous increase, the broad business portfolio including the private sector and strong private-sector demand absorbed the impact on overall business performance. - 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 dependence on public-sector-related systems and the impact of changes to government agency and local government budgets. - FY2021Slight increase in public-sector sales ratio and cross-business measures to mitigate impactAnnual report
「We regard the public-sector-related systems field as one of our stable revenue bases and one of our distinguishing features, and it accounted for 32.4% of total sales (32.2% in the previous fiscal year). …Regardless of segment, we have established a department dedicated to sales planning or business promotion in each business headquarters, creating a structure that enables flexible personnel allocation through collaboration across business divisions, while working to win new projects and promote new businesses on an ongoing basis.」
The public-sector-related business’s share of sales increased slightly from 32.2% to 32.4%, while cross-functional coordination across all business headquarters, flexible personnel allocation, and measures to mitigate the impact through new projects and new businesses have continued. - FY2021-Q3MitigatedAnnual report
「Even as the COVID-19 pandemic continued, we strengthened our offensive stance by leveraging the robust business base formed by the highly socially significant public sector and the private sector, which supports business activities across a wide range of industries, and overall business performance remained solid.」
Overall business performance remained solid despite the prolonged pandemic, supported by the business base comprising the public and private sectors. - FY2021-Q1MitigatedAnnual report
「However, the impact on business performance was mitigated through mutual support provided by a robust business base extending from the highly socially significant public sector to the private sector, which supports the business activities of companies in a wide range of industries.」
The broad business base spanning the public and private sectors functioned on a mutually complementary basis, mitigating the impact of COVID-19 on business performance. - FY2020MitigatedAnnual report
「The proportion of net sales was 32.2% of total sales (32.1% in the previous fiscal year). …Regardless of segment, we have established a department dedicated to sales planning or business promotion in each business headquarters, creating a structure that enables flexible personnel allocation through collaboration across business divisions, while working to win new projects and promote new businesses on an ongoing basis.」
The public-sector-related business accounted for 32.2% of sales, broadly unchanged, while cross-functional coordination across all business headquarters, flexible personnel allocation, and measures to mitigate the impact through new projects and new businesses have been put into concrete form. - 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 dependence on public-sector-related systems and the impact of changes to government agency and local government budgets. - 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 dependence on public-sector-related systems and the impact of changes to government agency and local government budgets. - 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 dependence on public-sector-related systems and the impact of budget changes. - 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 dependence on public-sector-related systems and the impact of budget changes. - FY2018RestatedAnnual report
「The public-sector-related systems field is one of the stable revenue bases of our business. Many of the direct customers are major system integrators, while the end users are primarily government agencies and local governments. If budget reallocations or reductions occur due to a change of government, a policy shift or the occurrence of a national emergency, this could affect our business performance.」
While public-sector-related systems constitute a stable revenue base, the risk of an impact from changes to government and local government policies or budgets has been reaffirmed. - 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 dependence on public-sector-related systems and the impact of changes to government agency and local government budgets. - 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 dependence on public-sector-related systems and the impact of changes to government agency and local government budgets. - FY2017RestatedAnnual report
「We regard the public-sector-related systems field as one of the stable revenue bases of our business. Many of the direct customers are major system integrators, while the end users are primarily government agencies and local governments. If budget reallocations or reductions occur due to a change of government, a policy shift or the occurrence of a national emergency, this could affect our business performance.」
While public-sector-related systems constitute a stable revenue base, the risk of an impact from changes to government agency and local government budgets has been reaffirmed. - 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 dependence on public-sector-related systems. - 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 dependence on public-sector-related systems. - FY2017-Q1RestatedAnnual report
「There have been 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 dependence on public-sector-related systems. - FY2016First statedAnnual report
「We regard the public-sector-related systems field as one of the stable revenue bases of our business.」
The disclosure states that changes or reductions in the budgets of government agencies and local governments could affect business performance.