Cyclical fluctuations in capital investment in the IT industry
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: 2026-05-08.
The whole theme swung hardest in 2019: 13 of 25 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- 2026-05-08RestatedEarnings
「Meanwhile, the global economy remained subject to considerable uncertainty due to heightened geopolitical risks, including the situations in the Middle East and between Russia and Ukraine, slower growth in the Chinese economy, and concerns about an economic downturn resulting from prolonged inflation in the United States.」
The Company continues to identify geopolitical risks, slower growth in the Chinese economy, prolonged inflation in the United States and concerns about an economic downturn as sources of uncertainty for the global economy. - FY2023RestatedAnnual report
「The IT industry has historically experienced repeated periods of strong booms and downturns with wide swings, as product markets fluctuate significantly on a cyclical basis and similar conditions occur worldwide. Capital investment in the IT industry has likewise repeatedly risen and fallen sharply.」
The company continues to describe the risk that the capital investment cycle in the IT industry will affect orders, financial condition, and financial results. - FY2021RestatedAnnual report
「The IT industry has historically experienced repeated periods of strong booms and downturns with wide swings, as product markets fluctuate significantly on a cyclical basis and similar conditions occur worldwide. Capital investment in the IT industry has likewise repeatedly risen and fallen sharply.」
The company reiterates the risk that the capital investment cycle in the IT industry will affect orders, financial condition, and financial results, as well as its policy of using its response to past downturns as a management lesson. - FY2019RestatedAnnual report
「The IT industry has historically experienced repeated periods of strong booms and downturns with wide swings, as product markets fluctuate significantly on a cyclical basis and similar conditions occur worldwide. Capital investment in the IT industry has likewise repeatedly risen and fallen sharply. Accordingly, our financial results fluctuate depending on capital investment conditions.」
The company reiterates the risk that the capital investment cycle in the IT industry will lead to fluctuations in financial results. - FY2018RestatedAnnual report
「The IT industry has historically experienced repeated periods of strong booms and downturns with wide swings, as product markets fluctuate significantly on a cyclical basis and similar conditions occur worldwide. Capital investment in the IT industry has likewise repeatedly risen and fallen sharply. Accordingly, our business performance fluctuates depending on capital investment conditions.」
The company reiterates the risk that the capital investment cycle in the IT industry will lead to fluctuations in business performance. - FY2017RestatedAnnual report
「The IT industry has historically experienced repeated periods of strong booms and downturns with wide swings, as product markets fluctuate significantly on a cyclical basis and similar conditions occur worldwide. Capital investment in the IT industry has likewise repeatedly risen and fallen sharply. Accordingly, our business performance fluctuates depending on capital investment conditions.」
The company reiterates the risk that the capital investment cycle in the IT industry will affect business performance and states that it manages the business based on lessons learned from its response to past downturns. - FY2016First statedAnnual report
「The IT industry has historically experienced repeated periods of strong booms and downturns with wide swings, as product markets fluctuate significantly on a cyclical basis and similar conditions occur worldwide. Capital investment in the IT industry has likewise repeatedly risen and fallen sharply.」
The risk that cyclical capital investment will lead to fluctuations in business performance.