Risk that major customers will curb business and IT investment due to economic fluctuations
First written in FY2017. 15 of 20 entries say "Restated". Latest entry: FY2027-H1.
BayCurrent moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 4 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「There were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous consolidated fiscal year, during the interim consolidated accounting period.」
The Company states that no new business or other risks arose and that there were no material changes to existing risks during the interim consolidated accounting period. - FY2026WorsenedAnnual report
「While Japan’s economy during the fiscal year showed signs of a gradual recovery as various policies were implemented and the employment and income environment improved, uncertainty about the outlook continued due to factors including US trade policy, heightened geopolitical risks, sharp foreign exchange fluctuations and rising prices.」
In addition to the existing risks of fluctuations in economic conditions and foreign exchange rates, US trade policy, geopolitical risks, sharp foreign exchange fluctuations and rising prices were explicitly identified as factors creating uncertainty about the outlook. - FY2025RestatedAnnual report
「If major clients curtail business investment or IT investment due to domestic or overseas economic conditions, fluctuations in foreign exchange rates, or revisions to tax systems, laws or regulations, this could affect the financial position and operating results of our group.」
The risk of major customers curbing investment through changes in economic conditions, foreign exchange rates, tax systems and laws continues. - FY2025-H1RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
It is stated that there were no new business or other risks or material changes to existing risks. - FY2025-Q1RestatedAnnual report
「During the three months ended March, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
It is stated that there are no new business or other risks and no material changes to existing risks. - FY2024RestatedAnnual report
「If major clients curb business or IT investment due to domestic or overseas economic trends, foreign exchange fluctuations, or amendments to tax laws and other legislation, this could affect our financial condition and operating results.」
The risk of major customers curbing investment due to changes in economic conditions, foreign exchange rates, tax systems and laws continues to be disclosed. - FY2024-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
It is stated that there are no new business or other risks and no material changes to existing risks. - FY2024-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
It is stated that there are no new business or other risks and no material changes to existing risks. - FY2023RestatedAnnual report
「If major clients curb business or IT investment due to domestic or overseas economic trends, foreign exchange fluctuations, or amendments to tax laws and other legislation, this could affect our financial condition and operating results.」
The risk of customers curbing investment due to changes in economic conditions, foreign exchange rates, tax systems and laws continues to be disclosed. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. As of the date of submission of this quarterly report, COVID-19 has not had a material impact on our performance, but we will continue to monitor the impact on our performance if the effects of the infection become prolonged.」
The company states that there were no new risks or material changes to existing risks and continues to monitor the impact on performance if the infection becomes prolonged. - FY2023-Q2RestatedAnnual report
「Meanwhile, new factors creating uncertainty about the outlook have emerged, including concerns about the impact of the situation in Ukraine and Russia on economic activity and the rapid depreciation of the yen due to rising US interest rates.」
The situation in Ukraine and Russia and the rapid depreciation of the yen associated with rising US interest rates continue to be disclosed as factors creating uncertainty about the outlook. - FY2023-Q1WorsenedAnnual report
「Meanwhile, new factors creating uncertainty about the outlook have emerged, including concerns about the impact of the situation in Ukraine and Russia on economic activity and the rapid depreciation of the yen due to rising US interest rates.」
In addition to the existing risks of fluctuations in economic conditions and foreign exchange rates, the situation in Ukraine and Russia and the yen’s depreciation associated with rising US interest rates were identified as new factors creating uncertainty about the outlook. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. As of the date of submission of this quarterly report, COVID-19 has not had a material impact on our performance, but we will continue to monitor the impact on our performance if the effects of the infection become prolonged.」
The company states that there were no new risks or material changes to existing risks and continues to monitor the impact on performance if the infection becomes prolonged. - FY2021WorsenedAnnual report
「If a new infectious disease such as COVID-19 spreads globally, our corporate activities may be affected to a certain extent by measures to prevent the spread of infection. Similarly, our financial position and operating results may be affected indirectly if customer companies face restrictions on their corporate activities.」
In addition to the existing risks of economic conditions and customer investment restraint, the risks of direct impacts on our activities and indirect impacts through customer companies resulting from the global spread of infectious diseases were explicitly identified. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. As of the date of submission of this quarterly report, COVID-19 has not had a material impact on our performance, but we will continue to monitor the impact on our performance if the effects of the infection become prolonged.」
While stating that there were no new risks or material changes to existing risks, the company continues to monitor the impact on performance if COVID-19 becomes prolonged. - FY2021-Q1MaterialisedAnnual report
「From April to May 2020, our business was affected to a limited extent by factors including the spread of COVID-19 and stagnation in customer companies’ activities following the declaration of a state of emergency, but revenue increased year on year.」
The existing risk that stagnant economic conditions and customer activity could affect performance is disclosed, with an actual minor impact arising from the spread of COVID-19 and the resulting stagnation in customer companies’ activities following the declaration of a state of emergency. - FY2020RestatedAnnual report
「If major clients curb business or IT investment due to domestic or overseas economic trends, foreign exchange fluctuations, or amendments to tax laws and other legislation, this could affect our financial condition and operating results.」
The risk of major customers curbing investment due to changes in economic conditions, foreign exchange rates, tax systems and laws continues to be disclosed. - FY2019RestatedAnnual report
「If major clients curb business or IT investment due to domestic or overseas economic trends, foreign exchange fluctuations, or amendments to tax laws and other legislation, this could affect our business performance.」
The risk that changes in the economy, foreign exchange rates, tax systems, and laws will curb investment by major customers and affect business performance continues to be disclosed. - FY2018RestatedAnnual report
「If major clients curb business or IT investment due to domestic or overseas economic trends, foreign exchange fluctuations, or amendments to tax laws and other legislation, this could affect our business performance.」
The risk that changes in the economy, foreign exchange rates, tax systems, and laws will curb investment by major customers continues to be disclosed. - FY2017First statedAnnual report
「If major clients curb business or IT investment due to domestic or overseas economic trends, foreign exchange fluctuations, or amendments to tax laws and other legislation, this could affect our business performance.」
The company explicitly identifies as a risk the possibility that changes in the economy, foreign exchange rates, tax systems, and laws could curb investment by major customers and affect business performance.