Deterioration in Customers’ Business Conditions and Project Downsizing Due to Exchange-Rate Fluctuations and Inflation
First written in FY2022. 7 of 9 entries say "Worsened", first in FY2023-Q1. Latest entry: 2026-08-07.
Focus Systems moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
52 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「Although the global economy continues to recover moderately, except in some regions, it remains necessary to closely monitor the impact of the situation in the Middle East and to remain attentive to the effects of U.S. policy developments and volatility in financial and capital markets.」
External-environment considerations relating to the situation in the Middle East, U.S. policy developments and volatility in financial and capital markets have been reconfirmed. - FY2026WorsenedAnnual report
「In addition, personnel costs, outsourcing costs and purchase costs, among others, are tending to rise as a result of increasing inflationary pressure and intensifying competition to secure IT professionals.」
The risk of higher costs arising from inflation and competition to secure IT professionals has expanded beyond personnel costs to include outsourcing costs and purchase costs. - FY2025WorsenedAnnual report
「In addition, personnel costs, outsourcing costs and purchase costs, among others, are tending to rise as a result of increasing inflationary pressure and intensifying competition to secure IT professionals.」
It is explicitly stated that inflationary pressure and competition to secure IT professionals are driving an upward trend not only in personnel costs but also in outsourcing costs and purchase costs. - FY2025-H1WorsenedAnnual report
「In addition, personnel expenses are trending higher amid rising inflationary pressure and intensifying competition to acquire IT personnel.」
Rising inflationary pressure is described in connection with higher personnel costs for IT professionals, indicating the continued presence of external cost-related risks. - FY2024WorsenedAnnual report
「While the ways in which society adapts to new lifestyles and ways of working with COVID-19 and interacts with IT are becoming increasingly diverse, vigilance is also required regarding infection trends in China, global price increases, the weaker yen and other factors.」
Infection trends in China, global price increases and the weaker yen continue to be monitored as external risks to customers' business conditions and projects. In addition, rising inflationary pressure and a trend toward higher personnel costs are cited as company-wide issues. - FY2023-Q3WorsenedAnnual report
「While the ways in which society adapts to new lifestyles and ways of working with COVID-19 and interacts with IT are becoming increasingly diverse, vigilance is also required regarding infection trends in China, global price increases, the weaker yen and other factors.」
Infection trends in China, global price increases and the weaker yen continue to be explicitly identified for monitoring as external factors that could affect customers' business conditions and projects. - FY2023-Q2WorsenedAnnual report
「As society adapts to new lifestyles and ways of working with COVID-19, the ways in which society interacts with IT are becoming increasingly diverse. Vigilance is also required regarding the effects of global price increases, the weaker yen and other factors that could affect industries across the board.」
The effects of global price increases and the weaker yen are explicitly identified for monitoring, in addition to other external factors that could affect customers' business conditions and projects. - FY2023-Q1WorsenedAnnual report
「As society adapts to new lifestyles and ways of working with COVID-19, the ways in which society interacts with IT are expected to become increasingly diverse. Vigilance is also required regarding the impact of rising inflationary pressure, which could affect the industries of end users.」
Rising inflationary pressure that could affect end users' business conditions remains subject to monitoring as an external risk that could affect projects. - FY2022First statedAnnual report
「In the Enterprise business, most of the principal end users are corporations. If customers' business conditions deteriorate, for example, because the economic cycle slows due to exchange-rate fluctuations, accelerating inflation or other factors, the Company may be forced to revise its business plan as a result of project reductions, postponements or cancellations.」
The deterioration of customers' business conditions due to exchange-rate fluctuations and accelerating inflation, together with the resulting possibility of project reductions, postponements and cancellations, is described independently for the first time as a risk by business segment.