Decline in Software Development Demand Due to Economic Fluctuations
First written in FY2016. 14 of 30 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Japan’s economy was affected by rising prices, US trade policy, volatility in the financial and capital markets and the situation in the Middle East, but amid improving domestic employment and income conditions and the effects of various policies, the economy continued to recover moderately.」
The company continues to identify rising prices, US trade policy, volatility in the financial and capital markets and the situation in the Middle East as matters requiring attention in the economic environment. - FY2025Addition of US trade policy and other factorsAnnual report
「During the current consolidated fiscal year (1 July 2024 to 30 June 2025), Japan’s economy was affected by declining consumer sentiment due to continued price increases, geopolitical risks, US trade policy and volatility in the financial and capital markets. However, amid improving domestic employment and income conditions and the effects of various policies, the economy continued to recover moderately.」
As part of its assessment of the environment surrounding economic fluctuation risks, the company listed rising prices, geopolitical risks, US trade policy and volatility in the financial and capital markets. - FY2024-Q3Addition of the Noto Peninsula EarthquakeAnnual report
「A downturn in overseas economies, including the impact of global monetary tightening and concerns about the outlook for the Chinese economy, posed a risk of depressing Japan’s economy. The company also continued to pay close attention to the impact of rising prices, the situation in the Middle East and volatility in the financial and capital markets. In addition, it is necessary to pay close attention to the impact of the 2024 Noto Peninsula Earthquake on the economy.」
In addition to monitoring the downturn in overseas economies, rising prices, the situation in the Middle East and volatility in the financial and capital markets, the company added the economic impact of the 2024 Noto Peninsula Earthquake as a new matter requiring attention. - FY2024-Q2Addition of Middle East Geopolitical RisksAnnual report
「A downturn in overseas economies, including the impact of global monetary tightening and concerns about the outlook for the Chinese economy, posed a risk of depressing Japan’s economy. The company also continued to pay close attention to the impact of rising prices, the situation in the Middle East and volatility in the financial and capital markets.」
The company continued to monitor the downturn in overseas economies, rising prices and volatility in the financial and capital markets, and newly added the situation in the Middle East as a matter requiring attention. - FY2024-Q1Reorganisation of risk factorsAnnual report
「A downturn in overseas economies, including the impact of global monetary tightening and concerns about the outlook for the Chinese economy, posed a risk of depressing Japan’s economy. The company also continued to pay close attention to the impact of rising prices and volatility in the financial and capital markets.」
The company identified global monetary tightening and concerns about the outlook for the Chinese economy as factors behind the downturn in overseas economies and continued to monitor rising prices and volatility in the financial markets. The previous reference to supply-side constraints was removed. - FY2023-Q3Reorganisation of matters requiring attentionAnnual report
「However, amid continued global monetary tightening and other factors, a downturn in overseas economies poses a risk of depressing Japan’s economy. It is also necessary to pay close attention to the impact of rising prices, supply-side constraints and volatility in the financial and capital markets.」
While explicitly identifying a downturn in overseas economies and rising prices, the company no longer mentions the spread of infections in China, which was included previously, changing the composition of the matters requiring attention. - FY2023-Q2Addition of the spread of infections in ChinaAnnual report
「However, amid continued global monetary tightening and other factors, a downturn in overseas economies poses a risk of depressing Japan’s economy. It is also necessary to pay close attention to the impact of rising prices, supply-side constraints, volatility in the financial and capital markets, and the spread of infections in China.」
In addition to a downturn in overseas economies, rising prices, supply constraints and volatility in the financial markets, the company explicitly identified the impact of the spread of infections in China as a matter requiring attention. No actual loss was disclosed. - FY2023-Q1Explicit identification of overseas economic downside risks and inflationAnnual report
「However, amid continued global monetary tightening and other factors, a downturn in overseas economies poses a risk of depressing Japan’s economy. It is also necessary to pay close attention to the impact of rising prices, supply-side constraints and volatility in the financial and capital markets.」
In addition to the previously disclosed monetary tightening, supply constraints and volatility in the financial markets, the company explicitly identified a downturn in overseas economies and rising prices as matters requiring attention. - FY2022Addition of monetary tightening, raw material prices and supply constraintsAnnual report
「However, it is necessary to pay close attention to downside risks arising from volatility in the financial and capital markets, rising raw material prices and supply-side constraints amid the global tightening of monetary policy.」
In addition to the previously disclosed risks related to infectious diseases, volatility in the financial markets and geopolitical uncertainty, the company explicitly identified global monetary tightening, rising raw material prices and supply constraints as downside risks. - FY2022-Q3Addition of geopolitical factorsAnnual report
「At the same time, amid uncertainty arising from the situation in Ukraine and other factors, the company needs to continue monitoring the impact of supply-side constraints, downside risks arising from raw material price trends, and volatility in the financial and capital markets.」
In addition to the previously disclosed risks related to infectious diseases, supply constraints, raw material prices and the financial markets, the company added uncertainty arising from the situation in Ukraine and other factors as a matter requiring attention. - FY2022-Q2Expansion of risk factorsAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in infectious diseases in Japan and overseas, supply-side constraints, downside risks arising from raw material price trends, and volatility in the financial and capital markets.」
While describing the economy as showing signs of recovery, the company listed infectious diseases, supply constraints, downside risks from raw material prices, and volatility in the financial and capital markets as matters requiring attention. - FY2022-Q1RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in infectious diseases in Japan and overseas and volatility in the financial and capital markets.」
The disclosure continues to identify developments in infectious diseases in Japan and overseas and volatility in the financial and capital markets as matters requiring attention in the economic environment. - FY2021MitigatedAnnual report
「The Group’s strength lies in providing solutions across a wide range of fields and industries, including government agencies, finance, information, manufacturing, services and communications. Accordingly, the Group will seek to diversify risk by further strengthening its business portfolio so that it is not dependent on any specific field or industry in response to changes in domestic and overseas economic trends.」
As a response to economic fluctuations and changes in customer trends, the company explicitly stated that it will diversify risk by providing services across a wide range of fields and industries and avoiding dependence on any specific field. - FY2021-Q3RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in infectious diseases in Japan and overseas and volatility in the financial and capital markets.」
The company continues to identify developments in infectious diseases and volatility in the financial and capital markets as sources of uncertainty in the economic environment. - FY2021-Q2WorsenedAnnual report
「Regarding the business environment of the group, customers' software-related capital expenditure was gradually weakening. The company recognized the need to monitor the impact of the COVID-19 pandemic on its business even more closely and take appropriate measures depending on the situation.」
The company indicated that customers’ software-related capital investment is gradually weakening and has increased its caution regarding the demand environment. - FY2021-Q1RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in infectious diseases in Japan and overseas and volatility in the financial and capital markets.」
The company continues to identify developments in infectious diseases and volatility in the financial and capital markets as sources of uncertainty in the economic environment. - FY2020-Q3WorsenedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, Japan’s economy had been on a moderate recovery trend amid continued improvement in employment and income conditions and the effects of various policies, but it has recently been significantly pushed down by the impact of COVID-19, and difficult conditions continue. It is also necessary to closely monitor the risk that the infection could further depress the domestic and overseas economies, as well as the impact of volatility in the financial and capital markets, and the outlook for the domestic economy remains uncertain.」
The disclosure states that COVID-19 significantly depressed the domestic economy and warns of the risk of a further downturn in the domestic and overseas economies and volatility in the financial markets. - FY2020-Q2RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in trade issues, overseas economic trends and volatility in the financial and capital markets.」
The disclosure continues to describe uncertainty arising from trade issues, overseas economies and volatility in the financial and capital markets. - FY2020-Q1WorsenedAnnual report
「In addition to monitoring the impact of rising tensions over trade issues on the global economy, the company needs to continue monitoring the impact of uncertainty surrounding overseas economic trends and policies, rising crude oil prices, and volatility in the financial and capital markets.」
The disclosure identifies rising tensions over trade issues, uncertainty surrounding overseas economies and policies, rising crude oil prices, and volatility in the financial and capital markets as risk factors. - FY2019RestatedAnnual report
「Demand for software development in the information services industry to which the Group belongs tends to be significantly affected by economic trends. Accordingly, if economic conditions deteriorate due to changes in domestic or overseas economic trends and demand for customers’ information technology investment declines, this could affect the Group’s business results and financial condition.」
The company continues to disclose the risks arising from economic fluctuations and a decline in customers’ information technology investment. quantified is false, materialized is false. - FY2019-Q3RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in trade issues, overseas economic trends and volatility in the financial and capital markets.」
The disclosure continues to describe uncertainty arising from overseas economic uncertainty, trade issues and volatility in the financial and capital markets. - FY2019-Q2RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in trade issues, overseas economic trends and volatility in the financial and capital markets.」
The disclosure continues to describe uncertainty arising from overseas economic uncertainty, trade issues and volatility in the financial and capital markets. - FY2019-Q1RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of developments in trade issues, overseas economic trends and volatility in the financial and capital markets.」
The disclosure continues to describe uncertainty arising from overseas economic uncertainty, trade issues and volatility in the financial and capital markets. - FY2018RestatedAnnual report
「Demand for software development in the information services industry to which the Group belongs tends to be significantly affected by economic trends. Accordingly, if economic conditions deteriorate due to changes in domestic or overseas economic trends and demand for customers’ information technology investment declines, this could affect the Group’s business results and financial condition.」
The company continues to disclose the risks arising from economic fluctuations and a decline in customers’ information technology investment. - FY2018-Q3RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of uncertainty in overseas economies and volatility in the financial and capital markets, and the outlook remains uncertain.」
The disclosure continues to describe uncertainty about the outlook arising from uncertainty in overseas economies and volatility in the financial and capital markets. - FY2018-Q2RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of uncertainty in overseas economies and volatility in the financial and capital markets, and the outlook remains uncertain.」
The disclosure continues to describe uncertainty about the outlook arising from uncertainty in overseas economies and volatility in the financial and capital markets. - FY2018-Q1RestatedAnnual report
「At the same time, the company needs to continue monitoring the impact of increasing uncertainty in overseas economies and volatility in the financial and capital markets, and the outlook remains uncertain.」
The disclosure continues to describe uncertainty about the outlook due to uncertainty in overseas economies and fluctuations in financial and capital markets. - FY2017RestatedAnnual report
「Demand for software development in the information services industry to which the Group belongs tends to be significantly affected by economic trends. Accordingly, if economic conditions deteriorate due to changes in domestic or overseas economic trends and demand for customers’ information technology investment declines, this could affect the Group’s business results and financial condition.」
The company continues to disclose the risks arising from economic fluctuations and a decline in customers’ information technology investment. - FY2017-Q3WorsenedAnnual report
「At the same time, the company needs to continue monitoring the impact of increasing uncertainty in overseas economies and volatility in the financial and capital markets, and the outlook remains uncertain.」
The disclosure cites increasing uncertainty in overseas economies and volatility in the financial and capital markets, and describes the outlook as uncertain. - FY2016First statedAnnual report
「If economic conditions deteriorate due to changes in domestic or overseas economic trends and demand for customers’ information technology investment declines, this could affect the Group’s business results and financial condition.」
The company identifies the external economic environment and customers’ information technology investment as factors affecting business performance.