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Intelligent Wave (4847) · RiskRestated

Declining Selling Prices and Intensifying Price Competition

First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025-H1.

5entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019WorsenedFY20222016: 12017: 020172018: 120182019: 120192020: 020202021: 020212022: 120222023: 020232024: 020242025: 1
Same theme, other companies
Competition for Information Services Orders and Deteriorating Project ProfitabilityA theme 36 companies write about · 38 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 8 of 16 companies on the "Worse" side.

22 other companies' latest entry also says "Restated".

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 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「The Company will work to improve gross margins through higher productivity in systems development and maintenance and by reviewing prices to reflect the value provided.」

    The company indicated that it would review pricing to reflect the value provided in response to the decline in its gross margin. The risks of price competition and difficulty maintaining sales prices remain.
  2. FY2022WorsenedAnnual report

    「In general, in the systems development industry, it has become more difficult to raise prices for conventional systems development work and services due to customers' cautious stance toward systems investment and competition among providers seeking orders, as well as the emergence of efficient new technologies that replace existing technologies.」

    In addition to customers' cautious investment stance and competition among providers, the company explicitly identifies the emergence of efficient new technologies that replace existing technologies as a factor behind price competition, broadening the scope of the risk factors.
  3. FY2019RestatedAnnual report

    「Customers' selective and cautious stance toward systems investment has become entrenched. At the same time, it has become more difficult to raise or maintain sales prices for systems and services, while price competition among providers to win orders has intensified, potentially affecting the company's performance going forward.」

    The company continues to cite customers' cautious investment stance, difficulty maintaining sales prices, and price competition among providers as risks.
  4. FY2018RestatedAnnual report

    「Customers' selective and cautious stance toward systems investment has become entrenched. At the same time, it has become more difficult to raise or maintain sales prices for systems and services, while price competition among providers to win orders has intensified, potentially affecting the company's performance going forward.」

    The company continues to identify customers' cautious investment stance, difficulty maintaining sales prices, and price competition among providers as risks.
  5. FY2016First statedAnnual report

    「As it has become more difficult to raise or maintain sales prices for systems and services, while price competition among providers to win orders has also intensified, the group's performance could continue to be affected.」

    The company identifies customers' selective and cautious investment stance and competition among providers as factors that could continue to affect performance.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Intelligent Wave's next results are scheduled for 2026-11-04. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Declining Selling Prices and Intensifying Price Competition | INTELLIGENT WAVE INC. (4847) | Komori