Declining customer investment appetite and intensifying competition in the RPA industry
First written in FY2018. 15 of 25 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026SoftenedAnnual report
「During the current consolidated fiscal year, Japan’s economy began to show signs of a gradual recovery against a backdrop of improving employment and income conditions. However, the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain due to the effects of global monetary tightening and heightened geopolitical risks.」
The wording has changed from the concern over a downturn in the global economy due to US tariff policies described in the previous interim period to wording that identifies monetary tightening and geopolitical risks as sources of uncertainty while indicating improvements in employment and income conditions and signs of a gradual recovery. - FY2026-H1WorsenedAnnual report
「During the current interim consolidated accounting period, Japan’s economy began to show a gradual recovery, supported by improvements in employment and income conditions and a recovery in inbound demand. However, concerns remain over the impact of prolonged geopolitical risks and the downside risk to the global economy from US tariff policies, and the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain.」
While describing improvements in employment and income conditions and a recovery in inbound demand, the company identifies prolonged geopolitical risks and concerns over a downturn in the global economy due to US tariff policies as new sources of uncertainty. - FY2025Normalization of economic activity presented alongside higher resource prices and geopolitical risksAnnual report
「During the current consolidated fiscal year, Japan’s economy began to show signs of normalized economic activity and a gradual recovery. However, the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain due to soaring raw-material prices, including crude oil, and the prolonged situation involving Russia and Ukraine.」
While indicating the normalization of economic activity and signs of recovery, the company identifies soaring raw-material prices and the prolonged situation involving Russia and Ukraine as sources of uncertainty. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, Japan’s economy showed signs of progress toward normalized economic activity, including a recovery in private consumption and inbound demand and an expansion in capital investment. However, the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain due to downside risks in overseas economies, including China, amid continued global monetary tightening and yen depreciation, as well as volatility in financial and capital markets.」
The company continues to describe factors supporting the normalization of economic activity alongside sources of uncertainty arising from downside risks in overseas economies, monetary tightening, yen depreciation and volatility in financial and capital markets. - FY2025-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan’s economy showed signs of progress toward normalized economic activity, including a recovery in private consumption and inbound demand and an expansion in capital investment. However, the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain due to downside risks in overseas economies, including China, amid continued global monetary tightening and yen depreciation, as well as volatility in financial and capital markets.」
While describing factors supporting the normalization of economic activity, the company continues to identify downside risks in overseas economies, monetary tightening, yen depreciation and volatility in financial and capital markets as sources of uncertainty. - FY2024Factors supporting the normalization of economic activity are presented alongside sources of uncertainty in overseas economies and financial marketsAnnual report
「During the current consolidated fiscal year, Japan’s economy showed signs of progress toward normalized economic activity, including a recovery in private consumption and inbound demand and an expansion in capital investment. However, the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain due to downside risks in overseas economies, including China, amid continued global monetary tightening and yen depreciation, as well as volatility in financial and capital markets.」
While describing factors indicating the normalization of economic activity, the company additionally identifies global monetary tightening, yen depreciation, downside risks in overseas economies including China, and volatility in financial and capital markets as sources of uncertainty. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. This is a general risk disclosure, with no quantified event having occurred. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2023RestatedAnnual report
「We intend to expand each business against a backdrop of rising customer investment appetite for IT, advertising, marketing and new-business investments. However, if customers’ investment appetite declines in the future due to domestic or overseas economic conditions, business trends or other factors, this may affect our group’s financial position and operating performance.」
The company continues to disclose the risk of an impact from declining customer investment appetite as a business and other risk. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2023-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan’s economy showed signs of recovery as restrictions on economic and social activity were gradually eased, despite the impact of rising infections during the seventh wave of COVID-19. However, the outlook for the impact on domestic economic conditions and corporate earnings remains uncertain due to soaring raw-material prices, including crude oil, amid the prolonged situation in Ukraine, as well as sharp foreign-exchange fluctuations caused by global monetary tightening.」
While describing the easing of restrictions on economic and social activity and signs of recovery, the company identifies the prolonged situation in Ukraine, rising raw-material prices and sharp foreign-exchange fluctuations resulting from global monetary tightening as sources of uncertainty. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, economic activity in Japan remained sluggish, primarily due to COVID-19. Although the number of COVID-19 cases showed a declining trend, it continued to fluctuate. In addition, raw-material prices, including crude oil, rose sharply and tensions surrounding Ukraine increased. The outlook for the impact on domestic economic conditions and corporate earnings therefore remains uncertain.」
In addition to the existing risks of infectious diseases and economic slowdown, the company identifies rising raw-material prices and heightened tensions surrounding Ukraine as new sources of uncertainty. - FY2022RestatedAnnual report
「The impact on our group already includes effects on part of our business and performance, such as fewer orders for commissioned projects in consulting, engineering and other areas. If restrictions on activities, including states of emergency, arise in the future, this may affect our group’s financial position and operating performance.」
While continuing to disclose the impact of COVID-19 on commissioned projects, the company also describes its response to market needs driven by the acceleration of digital transformation. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite, intensifying competition in the RPA industry and the impact of infectious diseases. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2021MaterialisedAnnual report
「The impact on our group already includes effects on part of our business and performance, such as fewer orders for commissioned projects in consulting, engineering and other areas. If restrictions on activities, including states of emergency, continue for an extended period, this may affect our group’s financial position and operating performance.」
The company explicitly states that fewer orders for commissioned projects due to COVID-19 have already affected part of its business and performance. - FY2021-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that there have been no material changes to existing business and other risks, including declining customer investment appetite, intensifying competition in the RPA industry and the impact of infectious diseases. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan’s economic conditions deteriorated further as the spread of COVID-19 intensified worldwide and economic activity slowed in Japan amid requests to refrain from going out under the state of emergency. Economic conditions have remained uncertain even after the state of emergency was lifted.」
The company states that the spread of COVID-19 and the state of emergency further slowed the economy and that conditions remain uncertain. - FY2020WorsenedAnnual report
「We intend to expand each business against a backdrop of rising customer investment appetite for IT, advertising, marketing and new-business investments. However, if customers’ investment appetite declines in the future due to domestic or overseas economic conditions, business trends or other factors, this may affect our group’s financial position and operating performance. Although the extent of the impact remains unclear at present, the spread of COVID-19 has affected the macroeconomy worldwide and may affect our group’s business, financial position and operating performance.」
In addition to the existing risks related to economic conditions and customer investment appetite, the company explicitly identifies the macroeconomic and business impact of the spread of COVID-19. - FY2020-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company states that there have been no material changes to existing risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including declining customer investment appetite and intensifying competition in the RPA industry. - FY2019RestatedAnnual report
「We intend to expand each business against a backdrop of rising customer investment appetite for IT, advertising, marketing and new-business investments. However, if customers’ investment appetite declines in the future due to domestic or overseas economic conditions, business trends or other factors, this may affect our group’s business and performance.」
The company continues to disclose declining customer investment appetite as a risk common to multiple businesses. - FY2018First statedAnnual report
「If customers’ investment appetite declines in the future due to domestic or overseas economic conditions, business trends or other factors, this may affect the business and performance of our group. In particular, as the RPA industry in which our robot outsourcing business operates expands in the domestic market, more companies may enter the industry, and intensifying competition and the costs of addressing it may affect our group’s business and performance.」
The company identifies declining customer investment amid economic weakness and intensifying competition as risks accompanying the expansion of the RPA market.