System failures, higher development costs and cyber risks
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Although our group has implemented system redundancy and database backups, a failure of the relevant system, a large-scale disaster affecting the database, or computer viruses and other factors affecting the database or interrupting system services may affect our group's business performance and financial position.」
Measures involving system redundancy and backups, and the remaining risks associated with system failures, were reiterated. - FY2021RestatedAnnual report
「Although our group has implemented system redundancy and database backups, a failure of the relevant system, a large-scale disaster affecting the database, or computer viruses and other factors affecting the database or interrupting system services may affect our group's business performance and financial position.」
Measures involving system redundancy and backups, and the remaining risks associated with system failures and other incidents, were reiterated. - FY2020MitigatedAnnual report
「Although our group has implemented system redundancy and database backups, a failure of the relevant system, a large-scale disaster affecting the database, or computer viruses and other factors affecting the database or interrupting system services may affect our group's business performance and financial position.」
System redundancy and database backups were specifically described as measures to address system failures and other incidents. - FY2019First statedAnnual report
「This may affect our group's business performance and financial position if the relevant system fails, a large-scale disaster affects the database, or computer viruses and other factors affect the database or interrupt system services.」
Dependence on core systems for structural calculations, thermal calculations, drawing input, factory coordination and other functions, as well as increased investment costs for new systems, are identified as risks.