Risk of declining recurring revenue due to higher-than-expected customer cancellations
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
30 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our budgets and business plans anticipate future cancellations, but if cancellations exceed our expectations, they may affect our business and financial performance.」
The disclosure continues to identify the risk that cancellations exceeding expectations may affect recurring revenue and financial performance, while assuming a certain level of cancellations. - FY2025RestatedAnnual report
「A certain number of cancellations occur each year for reasons such as changes in customers' security environments. Our budgets and business plans anticipate future cancellations, but if cancellations exceed our expectations, they may affect our business and financial performance.」
The disclosure continues to identify the risk that cancellations exceeding expectations may affect recurring revenue and financial performance, while assuming a certain level of cancellations. - FY2024First statedAnnual report
「A certain number of cancellations occur each year for reasons such as changes in customers' security environments. Our budgets and business plans anticipate future cancellations, but if cancellations exceed our expectations, they may affect our business and financial performance.」
For the business, which is primarily based on annual contracts, the disclosure identifies the impact on financial performance if cancellations exceed expectations as a risk, while assuming a certain level of cancellations.