Investment in Internal Core Systems Using Proceeds from a New Listing
First written in FY2019. 2 of 7 entries say "Reframed", first in FY2023. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2021: 9 of 48 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「This decline in profit was mainly due to the impact of lower revenue from temporary security services, a higher cost ratio associated with wage increases, and increased costs associated with replacing the core system and strengthening recruitment activities.」
Replacement of the core system is ongoing and is contributing to higher costs in the current quarter. No completion date or record of completion is provided. - FY2024-Q2RestatedAnnual report
「For digital transformation, the company is replacing its core system with one that seamlessly connects security personnel with the core system, and is working to improve profitability through greater administrative efficiency. In anticipation of future M&A, it is also developing an organizational structure capable of improving profitability through economies of scale.」
The company continues to pursue the replacement of its core system to connect it with security personnel and improve administrative efficiency, as well as an organizational structure designed to realize economies of scale in anticipation of M&A. No completion date or record of completion has been provided. - FY2024-Q1ReframedAnnual report
「The Group is pursuing digital transformation and quality control to improve profitability, as well as M&A, to support future growth. For digital transformation, it is working to improve profitability through greater efficiency by connecting its security personnel seamlessly with its core system. For quality control, it will position a Group-wide quality control division at the center of its operations and promote stronger competitiveness through improved operational quality.」
The previous plans to upgrade the core system and reform the organization have been translated into specific initiatives to improve profitability and competitiveness through digital transformation by connecting security personnel with the core system, and through a Group-wide quality control division. - FY2023ReframedAnnual report
「For the fiscal year ending March 2024, the company plans to replace its core system, substantially outsource back-office operations and carry out sweeping organizational reforms, thereby shifting its focus significantly toward “quality control.”」
Separate from the internal core system plan previously excluded from the capital investment plan, the company has outlined a plan for the fiscal year ending March 2024 to shift its focus to quality control through a core system upgrade, substantial back-office outsourcing and organizational reforms. - FY2021DroppedAnnual report
「The planned construction of the “internal core system” as of the end of the previous consolidated fiscal year was excluded from the construction of major planned capital investments because the capital investment plan was reviewed.」
The plan to construct an internal core system was excluded from the major capital investment plan following a review of the capital investment plan. - FY2020SoftenedAnnual report
「Internal core system ¥100 million ¥7.1 million Capital increase accompanying the IPO July 2019 December 2020」
Investment in the internal core system totaled ¥100 million, of which ¥7.1 million had already been paid, and the scheduled completion date was extended from March 2020 to December 2020. - FY2019First statedAnnual report
「Internal core system ¥100 million Capital increase accompanying the IPO July 2019 March 2020」
The company allocated ¥100 million in funds from the capital increase accompanying the IPO to its internal core system, with work scheduled to begin in July 2019 and be completed in March 2020.