Responding to Rapid Technological Change and Customer Needs
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2026.
Nec moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 9 of 32 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The rapid advancement of AI has gone beyond technological innovation to bring about structural changes in industry and society, and we have entered a historic period of transformation in which every company is required to transform its business on the premise of using AI.」
The risks associated with rapid technological change and changing customer needs have been made even more explicit as transformation of industrial and social structures based on AI. - FY2022RestatedAnnual report
「The markets in which the NEC Group operates are characterized by rapid technological innovation, advances in technology standards, changing customer preferences, and the frequent introduction of new products and services. As a result, existing products and services tend to become obsolete rapidly or lose their marketability.」
Technological innovation, industry standards, changing customer needs, and the obsolescence of products and services continue to be identified as major risks. - FY2017RestatedAnnual report
「The markets in which the NEC Group operates are characterized by rapid technological change, advances in technology standards, changing customer preferences, and the frequent introduction of new products and services. As a result, existing products and services tend to become obsolete rapidly or lose their marketability.」
The risks associated with technological innovation, industry standards, changing customer preferences, and product obsolescence continue to be disclosed. - FY2016First statedAnnual report
「The markets in which the NEC Group operates are characterized by rapid technological change, advances in technology standards, changing customer preferences, and the frequent introduction of new products and services. As a result, existing products and services tend to become obsolete rapidly or lose their marketability.」
The ability to respond to technological innovation, industry standards, customer preferences, and the launch of new products is a condition of competitiveness.