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Obic (4684) · FactDropped

Decline in hardware sales

First written in FY2017-Q1. 15 of 19 entries say "Restated". Latest entry: FY2024-Q1.

19entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2024-Q12016: 220162017: 420172018: 120182019: 020192020: 220202021: 420212022: 420222023: 22023
Same theme, other companies
Decline in Hardware Demand Due to the Shift to Cloud Services and Intensifying CompetitionA theme 7 companies write about · 7 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Dropped".

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. FY2024-Q1DroppedAnnual report

    「As a key trend, the company made progress in developing new customers among large and mid-sized companies, while sales from system implementation of the high-value-added OBIC7 Series remained solid.」

    The decline in revenue from hardware procurement and sales associated with increased adoption of cloud solutions, which had been reported through the previous quarter, is not explicitly mentioned in the performance discussion for the first quarter.
  2. FY2023-Q3RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, remained low as adoption of our cloud solutions increased. Revenue from systems integration using the high-value-added OBIC7 series, however, remained solid as new customer development among large and mid-sized companies progressed.」

    The low level of revenue from hardware procurement and sales, including server equipment, associated with increased adoption of cloud solutions continues to be reported. Meanwhile, systems integration revenue from OBIC7 is described as solid.
  3. FY2023-Q2RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, remained low as adoption of our cloud solutions increased. Revenue from systems integration using the high-value-added OBIC7 series, however, remained solid as new customer development among large and mid-sized companies progressed.」

    The low level of revenue from hardware procurement and sales associated with increased adoption of cloud solutions continues to be reported. Meanwhile, systems integration revenue from OBIC7 is described as solid.
  4. FY2023-Q1RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, remained low as adoption of our cloud solutions increased. Revenue from systems integration using the high-value-added OBIC7 series, however, remained solid as new customer development among large and mid-sized companies progressed.」

    The low level of revenue from hardware procurement and sales, including server equipment, associated with increased adoption of cloud solutions continues to be reported. Meanwhile, systems integration revenue from OBIC7 is described as solid.
  5. FY2022RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from systems integration using the high-value-added OBIC7 series, however, remained solid as new customer development among large and mid-sized companies progressed.」

    The decline in revenue from hardware procurement and sales associated with increased adoption of cloud solutions continues to be reported. Meanwhile, systems integration revenue is described as solid.
  6. FY2022-Q3RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from high-value-added systems integration, however, has remained solid, particularly among large and mid-sized companies.」

    The decline in revenue from hardware procurement and sales, including server equipment, associated with increased adoption of cloud solutions continues to be reported.
  7. FY2022-Q2RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from high-value-added systems integration, however, has remained solid, particularly among large and mid-sized companies.」

    The decline in revenue from hardware procurement and sales, including server equipment, associated with increased adoption of cloud solutions continues to be reported. Meanwhile, revenue from high-value-added systems integration is described as solid.
  8. FY2022-Q1RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from high-value-added systems integration, however, has remained solid, particularly among large and mid-sized companies.」

    The decline in revenue from hardware procurement and sales associated with increased adoption of cloud solutions continues to be reported. Meanwhile, revenue from high-value-added systems integration is described as solid.
  9. FY2021RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from systems integration using the high-value-added OBIC7 series, however, remained solid as new customer development among large and mid-sized companies progressed.」

    The decline in revenue from hardware procurement and sales associated with increased adoption of cloud solutions continues to be reported. Meanwhile, revenue from high-value-added systems integration is described as solid.
  10. FY2021-Q3RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from high-value-added systems integration, however, has remained solid, particularly among large and mid-sized companies.」

    The decline in revenue from hardware procurement and sales, including server equipment, associated with increased adoption of cloud solutions continues to be reported. Meanwhile, revenue from high-value-added systems integration is described as solid.
  11. FY2021-Q2RestatedAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from systems integration using the high-value-added OBIC7 series, however, remained solid as new customer development among large and mid-sized companies progressed.」

    The decline in revenue from hardware procurement and sales, including server equipment, associated with increased adoption of cloud solutions continues to be reported. Meanwhile, revenue from high-value-added systems integration is described as solid.
  12. FY2021-Q1ReappearanceAnnual report

    「As a key trend, revenue from hardware procurement and sales, including server equipment, declined as adoption of our cloud solutions increased. Revenue from high-value-added systems integration, however, has remained solid, particularly among large and mid-sized companies.」

    The previously omitted decline in hardware revenue has reappeared explicitly as a decrease in procurement and sales of server equipment and other hardware associated with increased adoption of cloud solutions.
  13. FY2018-Q3DroppedAnnual report

    「Our core integrated business software, the OBIC7 series, is an ERP system that centrally manages information and is in demand from companies across a wide range of industries.」

    The decline in hardware revenue reported through the previous quarter is not explicitly mentioned in the performance discussion in this filing.
  14. FY2018-Q2RestatedAnnual report

    「Meanwhile, hardware revenue declined.」

    The decline in hardware revenue continues to be reported.
  15. FY2018-Q1RestatedAnnual report

    「Meanwhile, hardware revenue declined.」

    The decline in hardware revenue continues to be reported.
  16. FY2017RestatedAnnual report

    「Meanwhile, hardware revenue declined.」

    The decline in hardware revenue continues to be reported.
  17. FY2017-Q3RestatedAnnual report

    「Meanwhile, hardware revenue declined.」

    The decline in hardware revenue continues to be reported.
  18. FY2017-Q2RestatedAnnual report

    「Meanwhile, hardware revenue declined.」

    The decline in hardware revenue continues to be reported.
  19. FY2017-Q1First statedAnnual report

    「Meanwhile, hardware revenue declined.」

    The company describes the fact that hardware revenue declined in the systems integration business.
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Obic's next results are scheduled for 2026-10-27. Read the earnings preview
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Decline in hardware sales | OBIC Co.,Ltd. (4684) | Komori