Dependence on Government Agencies and Year-End Concentration of Revenue

「Some companies in the group's Solutions business have central government ministries and local governments as their principal customers, and sales to these government agencies account for a high proportion of their revenue. As a result, the group's performance may be affected by public-works budgets at government agencies. In addition, because delivery deadlines for these services to the principal customers, central government ministries and local governments, are concentrated at the fiscal year-end, sales tend to be weighted toward the fourth quarter of the consolidated fiscal year.」