Strengthening the Operational Infrastructure by Building a New Core Business System
First written in FY2019. 5 of 7 entries say "Restated". Latest entry: FY2026.
21 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The new core system (software) used by our group.」
The lease-asset notes confirm that the new core system continues to be used as the operating foundation. No further progress, such as completion of its development, was disclosed. - FY2022RestatedAnnual report
「The company's software had traditionally been depreciated over a useful life of 5 years. In the current consolidated fiscal year, following the reconstruction of the core system, the company reviewed the software's economic useful life and determined that the core system could be used for 10 years. Accordingly, it revised the useful life to 10 years.」
The reconstruction of the core system and the revision of its useful life from 5 years to 10 years were also confirmed in the annual results, reaffirming the achieved status of the strengthened operating foundation. - FY2022-Q1AdvancedAnnual report
「The company's software had traditionally been depreciated over a useful life of 5 years. In the first quarter of the current consolidated fiscal year, following the reconstruction of the core system, the company reviewed the software's economic useful life and determined that the core system could be used for 10 years. Accordingly, it revised the useful life to 10 years. As a result, compared with the previous method, depreciation expense for the cumulative first quarter decreased by ¥6.827 million, while operating income, ordinary income, and income before income taxes increased by the same amount.」
The reconstruction of the core system was completed, and the software's useful life was revised from 5 years to 10 years. Depreciation expense decreased by ¥6.827 million, increasing profit by the same amount. - FY2021-Q2RestatedAnnual report
「¥101 million in payments for the acquisition of intangible assets, including the development of a new core system」
The company spent ¥101 million on the acquisition of intangible assets related to the development of a new core system and continues to invest in the core system. No new milestone, such as completion or the start of operations, was disclosed. - FY2020RestatedAnnual report
「Cash used in investing activities was ¥924 million, up 11.2% year on year. This resulted from subtracting ¥300 million in payments for time deposits, ¥582 million in payments for the acquisition of property, plant and equipment, including the renewal of equipment for the Net Shape and Assembly businesses, and ¥188 million in payments for the acquisition of intangible assets, including the development of a new core system, from the ¥118 million increase in cash inflows from the redemption of time deposits.」
The company spent ¥188 million on the acquisition of intangible assets related to the development of a new core system and continues to invest in the core system. No new milestone, such as completion, was disclosed. - FY2020-Q2RestatedAnnual report
「This resulted from deducting outflows of ¥280 million for time deposits, ¥157 million for the acquisition of property, plant and equipment, including the renewal of equipment for the net-shape and assembly businesses, and ¥98 million for the acquisition of intangible assets, including the development of a new core system, from the ¥106 million increase in inflows mainly from the redemption of time deposits.」
The company spent ¥98 million on the acquisition of intangible assets related to the development of a new core system and continues to invest in the core system. As no statement indicates a new completion stage or other milestone, this was treated as continued progress monitoring. - FY2019First statedAnnual report
「Cash used in investing activities was ¥830 million, up 46.1% year on year. This mainly reflected ¥637 million in payments for the acquisition of property, plant and equipment, including the renewal of equipment for the Net Shape and Assembly businesses, and ¥190 million in payments for the acquisition of intangible assets, including the development of a new core system.」
The company spent ¥190 million on the acquisition of intangible assets, including the development of a new core system. Its existing policy of using IT to improve productivity was confirmed for the first time as a specific measure involving investment in a core system.