Delays in Value-Up Investment and DX Outcomes at Japanese Companies
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「In fiscal 2023, approximately 75% of IT budgets, or the majority, was allocated to “run-the-business” budgets, or investment related to maintaining and operating existing businesses, including improving operational efficiency. The proportion allocated to “value-up” budgets, or investment aimed at pursuing new business initiatives leading to the creation of new products and services and business model transformation, remained low at approximately 25%.」
The company reiterates its recognition that Japanese companies’ IT investment remains weighted toward run-the-business spending and that value-up investment and the generation of DX results lag those in the United States. - FY2024RestatedAnnual report
「In fiscal 2023, approximately 75% of IT budgets, or the majority, was allocated to “run-the-business” budgets, or investment related to maintaining and operating existing businesses, including improving operational efficiency. The proportion allocated to “value-up” budgets, or investment aimed at pursuing new business initiatives leading to the creation of new products and services and business model transformation, remained low at approximately 25%.」
The company has updated its recognition that Japanese companies’ IT investment remains weighted toward run-the-business spending, at approximately 75%, versus approximately 25% for value-up investment, and that results from structural transformation lag those in the United States. - FY2023First statedAnnual report
「In fiscal 2021, 76% of IT budgets, or the majority, was allocated to “run-the-business” budgets, or investment related to maintaining and operating existing businesses, including improving operational efficiency. The proportion allocated to “value-up” budgets, or investment aimed at pursuing new business initiatives leading to the creation of new products and services and business model transformation, remained low at 24%.」
The company recognizes that run-the-business investment accounted for 76% and value-up investment for 24% at Japanese companies, and that the results of structural transformation through DX have also lagged those in the United States.