Earnings Pressure from Higher IoT-Related Investment Costs
First written in FY2018-Q2. 4 of 6 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Operating profit decreased by ¥700 million from the previous consolidated fiscal year due to higher AI (artificial intelligence)- and IoT (Internet of Things)-related investment costs and the recognition of business structure improvement costs, among other factors, despite higher profit from system construction services, but remained a profit of ¥35.1 billion.」
Higher AI- and IoT-related investment costs continued to weigh on operating profit. - FY2019-Q2RestatedAnnual report
「Despite higher AI (artificial intelligence)- and IoT (Internet of Things)-related investment costs, operating profit was ¥15.7 billion, roughly level with the same period of the previous year, due to higher profit from system construction services, among other factors.」
AI- and IoT-related investment costs continued to increase, but operating profit remained roughly level with the same period of the previous year due to higher profit from system construction services, among other factors. - FY2019-Q1WorsenedAnnual report
「Operating profit decreased by ¥1.4 billion from the same period of the previous year due to higher AI (artificial intelligence)- and IoT (Internet of Things)-related investment costs, among other factors, despite higher profit from system construction services, but remained a profit of ¥3.6 billion.」
In addition to the existing IoT-related investment costs, AI-related investment costs were also mentioned, and the increase in investment costs reduced operating profit in the Enterprise business by ¥1.4 billion year on year. - FY2018RestatedAnnual report
「Operating profit in the Enterprise business decreased by ¥4.0 billion from the previous consolidated fiscal year due to higher IoT-related investment costs, among other factors, but remained a profit of ¥35.7 billion.」
Higher IoT-related investment costs were cited as a factor behind the deterioration in operating profit in the Enterprise business for the full fiscal year as well. - FY2018-Q3RestatedAnnual report
「Operating profit decreased by ¥1.2 billion from the same period of the previous year due to lower sales and higher IoT (Internet of Things)-related investment costs, among other factors, but remained a profit of ¥25.1 billion.」
In the Enterprise business, higher IoT-related investment costs continued to be cited as a factor behind the deterioration in operating profit, which decreased by ¥1.2 billion year on year. - FY2018-Q2First statedAnnual report
「Operating profit decreased by ¥3.5 billion from the same period of the previous year due to lower sales and higher IoT (Internet of Things)-related investment costs, among other factors, but remained a profit of ¥15.8 billion.」
For the Enterprise business, higher IoT-related investment costs were specifically cited for the first time as one factor behind the deterioration in operating profit.