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Itfor (4743) · InitiativeMitigated

Expansion from Hardware Maintenance into Cloud Infrastructure Services

First written in FY2016. 8 of 19 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2023.

19entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018-Q1OtherFY2019-Q1 – FY2019-Q3AdvancedFY2020-Q1 – FY2020OtherFY2022 – FY2023-Q32016: 320162017: 420172018: 420182019: 320192020: 220202021: 020212022: 120222023: 22023
Same theme, other companies
Expansion of the DX Business Centered on Cloud IntegrationA theme 15 companies write about · 0 as a headwind · 17 as a tailwind

The whole theme swung hardest in 2025: 1 of 11 companies on the "Worse" side.

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

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.
Showing 14 of the 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2023MitigatedAnnual report

    「In addition, procurement delays for components of the multi-payment terminal "iRITSpay Payment Terminal" gradually eased.」

    Procurement delays for terminal components, which had caused sales to be pushed back through the previous fiscal year, gradually eased, and sales in the System Development and Sales segment reached 107.7% of the prior-year period.
  2. FY2023-Q3Sales pushed back due to component shortagesAnnual report

    「Meanwhile, sales of the multi-payment terminal "iRITSpay Payment Terminal" were pushed back to the fourth quarter and beyond because component shortages delayed deliveries.」

    For the multi-payment terminal, component shortages caused delivery delays, pushing sales back to the fourth quarter and beyond.
  3. FY2022Hardware delivery delaysAnnual report

    「By reporting segment, sales in the System Development and Sales segment were ¥9,855 million, compared with ¥10,064 million in the prior-year period, despite the contribution from the high order backlog at the end of the previous fiscal year. This was due to the impact of applying the revenue recognition accounting standards and the impact of delivery delays for certain hardware in the communications systems business, among other factors.」

    Delivery delays occurred for certain hardware in the communications systems business, affecting sales in the System Development and Sales segment.
  4. FY2020AdvancedAnnual report

    「In addition to receiving an order to renew systems for a major customer in the carrier sector, deliveries of system equipment ordered in the previous fiscal year progressed, resulting in significant increases in both sales and profit from the prior-year period.」

    Sales and profit in the Infrastructure Solutions segment increased as a result of orders for system renewal projects from a major customer in the carrier sector and progress in equipment deliveries.
  5. FY2020-Q3AdvancedAnnual report

    「The Infrastructure Solutions segment provides system equipment sales, infrastructure design, construction, delivery and installation, including cloud infrastructure, and network systems. In addition to receiving an order to renew systems for a major customer in the carrier sector, deliveries of system equipment ordered in the previous fiscal year progressed, resulting in significant increases in both sales and profit from the prior-year period.」

    The company received an order to renew systems for a major customer in the carrier sector, and sales and profit in the Infrastructure Solutions segment exceeded the prior-year period as deliveries of equipment ordered in the previous fiscal year progressed.
  6. FY2020-Q2AdvancedAnnual report

    「The Infrastructure Solutions segment provides system equipment sales, infrastructure design, construction, delivery and installation, including cloud infrastructure, and network systems. In addition to receiving an order to renew systems for a major customer in the carrier sector, deliveries of system equipment ordered in the previous fiscal year progressed. Sales and profit both increased significantly from the prior-year period because deliveries for several projects were brought forward in response to the consumption tax rate revision and reduced-tax-rate requirements.」

    The company received an order to renew systems for a major customer in the carrier sector, and deliveries of equipment ordered in the previous fiscal year progressed. Deliveries for projects related to the consumption tax and reduced tax rate were brought forward.
  7. FY2020-Q1AdvancedAnnual report

    「In addition to receiving an order to renew systems for a major customer in the carrier sector, deliveries of system equipment ordered in the previous fiscal year progressed. As a result, orders were ¥543 million (78.2% of the prior-year period), sales were ¥405 million (172.8%), and segment profit was ¥84 million (198.2%).」

    The Infrastructure Solutions business, including cloud infrastructure and networks, received orders for system renewal projects, resulting in sales and segment profit exceeding the prior-year period.
  8. FY2019-Q3Performance ImprovementAnnual report

    「The Infrastructure Solutions segment provides system equipment sales, infrastructure design, construction, delivery and installation, including cloud infrastructure, and network systems. As a result, orders were ¥1,609 million (115.0% of the prior-year period), sales were ¥1,378 million (103.5%), and segment profit was ¥248 million (100.8%).」

    Orders, sales, and segment profit in the Infrastructure Solutions segment all exceeded the prior-year period, indicating an improvement in performance from the decline in large projects and stagnant sales reported through the previous fiscal year.
  9. FY2019-Q2Decline in orders and deterioration in performanceAnnual report

    「Although projects to renew systems for existing customers increased, the company was affected by a decline in orders for large system construction projects. It is working to expand its customer base through broad proposal activities across multiple divisions. As a result, orders were ¥1,132 million (102.0% of the prior-year period), sales were ¥795 million (84.8%), and segment profit was ¥128 million (66.3%).」

    Projects to renew systems for existing customers increased, but sales and segment profit fell below the prior-year period as a result of the decline in orders for large system construction projects.
  10. FY2019-Q1RestatedAnnual report

    「The Infrastructure Solutions segment provides system equipment sales, infrastructure design, construction, delivery and installation, including cloud infrastructure, and network systems. It is working to expand its customer base through broad proposal activities across multiple divisions.」

    The company reiterated its efforts to expand its customer base across multiple divisions through the provision of infrastructure, including cloud infrastructure, networks, and system equipment.
  11. FY2018AdvancedAnnual report

    「Alongside the use of public clouds, the company also developed products for delivery through its own cloud. As a result, it began offering its own cloud service, "IPaC (アイパック)."」

    The company reported concrete progress in product and service commercialization through the launch of its own cloud service, "IPaC."
  12. FY2018-Q3AdvancedAnnual report

    「The Infrastructure Solutions segment provides system equipment sales, infrastructure design, construction, delivery and installation, including cloud infrastructure, network systems, and cloud infrastructure-related solutions. It is working to expand its customer base through broad proposal activities across multiple divisions, and orders exceeded the prior-year period, partly due to the acquisition of large system construction projects. However, sales have remained sluggish because the order backlog at the end of the previous fiscal year declined significantly, partly because investment in projects for major mobile telecommunications carriers had peaked. As a result, orders were ¥1,407 million (109.1% of the prior-year period), sales were ¥1,339 million (91.1%), and segment profit was ¥246 million (106.4%).」

    Orders reached 109.1% of the prior-year period following the acquisition of large system construction projects. However, sales were 91.1% of the prior-year period because the order backlog at the end of the previous fiscal year declined.
  13. FY2018-Q2AdvancedAnnual report

    「The Infrastructure Solutions segment provides system equipment sales, infrastructure design, construction, delivery and installation, network systems, and cloud infrastructure-related solutions. It is working to expand its customer base through broad proposal activities across multiple divisions, and orders exceeded the prior-year period, partly due to the acquisition of large system construction projects. However, sales have remained sluggish because the order backlog at the end of the previous fiscal year declined significantly. As a result, orders were ¥1,110 million (125.7% of the prior-year period), sales were ¥939 million (87.4%), and segment profit was ¥193 million (127.4%).」

    Orders reached 125.7% of the prior-year period, driven by proposal activities across multiple divisions and the acquisition of large system construction projects, while sales were 87.4% of the prior-year period because the order backlog at the end of the previous fiscal year declined.
  14. FY2018-Q1RestatedAnnual report

    「Although efforts are under way to expand the customer base through broad-based proposals from multiple business divisions, sales have been sluggish because the sharp decline in order backlog at the end of the prior period, resulting from the decline following large orders from certain customers and the completion of investment in projects for major mobile network operators, among other factors, affected sales. As a result, orders received totaled ¥435 million, or 131.3% year on year, net sales totaled ¥276 million, or 62.5%, and segment profit totaled ¥50 million, or 113.6%.」

    While proposal activities by multiple business divisions continued, revenue from platform solutions was 62.5% of the prior-year period against a backdrop of a sharp decline in order backlog at the end of the prior period.
  15. FY2017RestatedAnnual report

    「From the current period, we began developing a cloud service platform as a new business area and also launched ITFOR Hikari Plus for communications circuits. However, orders declined sharply due to the decline following large orders from certain customers in the prior period and the completion of investment in projects for major mobile network operators, among other factors.」

    While development of a cloud service platform continued, orders received for platform solutions were 66.9% of the prior-year period.
  16. FY2017-Q3RestatedAnnual report

    「From the current period, we began developing a cloud service platform as a new business area and also launched ITFOR Hikari Plus for communications circuits. However, orders declined sharply due to the decline following large orders from certain customers in the prior period and the completion of investment in projects for major mobile network operators, among other factors.」

    Efforts to develop a cloud service platform are continuing, while the explanation that orders in platform solutions declined sharply is also being reiterated.
  17. FY2017-Q2RestatedAnnual report

    「From the current period, we began developing a cloud service platform as a new business area and also launched ITFOR Hikari Plus for communications circuits. However, orders declined sharply due to the decline following large orders from certain customers in the prior period and the completion of investment in projects for major mobile network operators, among other factors.」

    Efforts to develop a cloud service platform are continuing, while the explanation that orders for platform solutions declined sharply is also being reiterated.
  18. FY2017-Q1AdvancedAnnual report

    「From the current period, we began developing a cloud service platform as a new business area. However, orders declined sharply due to the decline following large orders from certain customers in the prior period and the completion of investment in projects for major mobile network operators, among other factors.」

    While development of a cloud service platform began as a new business area this period, orders for platform solutions declined sharply.
  19. FY2016First statedAnnual report

    「As systems move to the cloud and hardware maintenance fees trend downward across the industry, efforts are under way to expand operations into the design and construction of cloud platforms in addition to existing server and network services.」

    Against a backdrop of declining hardware maintenance fees, the business scope is expanding into cloud platform design and construction.
Moved together

"Helping diversify revenue streams through solutions for financial institutions" moved the same way as this thread, in the same document, in 8 of its 19 moves.

887555★123456
  1. ★This thread
  2. 1Helping diversify revenue streams through solutions for financial institutions8×
  3. 2Expansion of the Public-Sector Systems Business and Local-Government BPO8×
  4. 3Store and E-commerce Systems Supporting Omnichannel Operations7×
  5. 4Automating Collection Operations in Coordination with Delinquent Receivables Management5×
  6. 5Web Enablement and Cloud Integration of Receivables and Delinquency Management Systems5×
  7. 6Share Repurchases to Improve Capital Efficiency5×

★ 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
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Expansion from Hardware Maintenance into Cloud Infrastructure Services | ITFOR Inc. (4743) | Komori