Risk of Reduced IT Investment Due to Economic Fluctuations
First written in FY2022. 7 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 16 of 36 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If customer companies reduce IT investment due to a deterioration in economic conditions or the market environment, this could affect our business performance and financial position.」
The risk of reduced IT investment by customer companies due to economic and business-cycle changes continues. - FY2024-H1RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company explicitly states that no new risks arose and no material changes occurred to existing risks. It continues to cite the risk of downward pressure on Japan’s economy from a downturn in overseas economies and concerns about China’s outlook. - FY2024-Q1RestatedAnnual report
「During the three months ended March, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company explicitly states that no new risks arose and no material changes occurred to existing risks. It continues to cite a downturn in overseas economies, driven by global monetary tightening and concerns about the outlook for China’s economy, as a risk to Japan’s economy. - FY2023RestatedAnnual report
「If customer companies reduce IT investment due to a deterioration in economic conditions or the market environment, this could affect our business performance and financial position.」
The risk of reduced customer IT investment due to economic and business-cycle changes continues to be assessed as medium likelihood and high impact. - FY2023-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company explicitly states that no new risks arose and no material changes occurred to existing risks. - FY2023-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company explicitly states that no new risks arose and no material changes occurred to existing risks. The report also continues to describe uncertainty from higher raw-material prices, global inflation and yen depreciation. - FY2023-Q1RestatedAnnual report
「Although some weakness is evident, a downturn in overseas economies against a backdrop of global monetary tightening and other factors poses a risk of putting downward pressure on Japan’s economy. The outlook remains uncertain, requiring close attention to rising prices, supply constraints and fluctuations in financial and capital markets.」
The company cites overseas economic conditions, inflation and supply constraints, and financial-market volatility as concerns, while stating that there were no material changes to business risks. - FY2022First statedAnnual report
「If customer companies reduce IT investment due to a deterioration in economic conditions or the market environment, this could affect our business performance and financial position.」
The likelihood is assessed as medium and the impact as high.