Legacy IT Systems, Insufficient Use of Digital Technologies, and the “2025 Digital Cliff”
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The aging, increasing complexity, and opacity of IT systems may divert funds and personnel to maintaining existing systems, while the aging or retirement of system personnel may make it difficult to recover from system failures or data loss.」
The company continues to identify the risk of business impacts from legacy IT systems, aging or departing personnel, and insufficient use of data. - FY2025RestatedAnnual report
「The aging, increasing complexity, and opacity of IT systems may divert funds and personnel to maintaining existing systems, while the aging or retirement of system personnel may make it difficult to recover from system failures or data loss.」
The company continues to identify the risk of declining competitiveness due to legacy IT, aging personnel, and insufficient use of digital data. - FY2024First statedAnnual report
「We believe that the risk arising from legacy systems becoming black boxes and the aging of personnel is increasingly likely to emerge each year, and the term “2025 cliff” indicates the approximate timing when this risk is expected to emerge.」
The company identifies aging, increasingly complex, and opaque IT systems, aging personnel, and insufficient use of data as risks, and plans to respond by breaking systems down by function and migrating to new systems.