Declining Demand for Services Due to Technological Innovation and Competition
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the shift to cloud services progresses, send-back maintenance becomes the main form of maintenance for equipment in use, such as tablets, and demand for on-site services declines, this could affect the Company's operating results and financial position. However, medical institutions and other major customers of the Company's maintenance services business often require an immediate response, and the Company expects demand for on-site services to continue.」
The Company presents both the risk of declining demand for on-site maintenance due to the shift to cloud services and its expectation that demand for immediate response will continue at medical institutions. - FY2024RestatedAnnual report
「If the shift to cloud services progresses, send-back maintenance becomes the main form of maintenance for equipment in use, such as tablets, and demand for on-site services declines, this could affect the Company's operating results and financial position.」
The Company has specified the risk of declining demand for on-site maintenance services resulting from technological innovation and the shift to cloud services as the possibility of a transition to send-back maintenance. - FY2023First statedAnnual report
「The markets in which the Company operates are subject to rapid technological innovation and change, requiring it to continually provide new services adapted to market conditions.」
The Company indicates that demand for services and maintenance fees may decline due to competing services using new technologies and falling hardware prices.