Risks of slower growth in the IT market and a contraction in market size
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「However, if existing laws and regulations are strengthened or revised, new regulations take effect, corporate demand for IT resources changes, or market growth slows or the market contracts due to unforeseen circumstances or other events, this could materially affect our business and performance.」
The company continues to link the risk of slower growth and a shrinking IT market to regulatory changes, changes in corporate needs and unforeseen circumstances. - FY2023RestatedAnnual report
「However, if existing laws and regulations are strengthened or revised, new regulations take effect, corporate demand for IT resources changes, or market growth slows or the market contracts due to unforeseen circumstances or other events, this could materially affect our business and performance.」
The company continues to link the risk of slower growth and a shrinking IT market to regulatory changes, changes in corporate needs and unforeseen circumstances. - FY2021WorsenedAnnual report
「In fiscal 2021, amid the impact of COVID-19, investment in equipment to establish telework environments and the renewal and rollout of large-scale systems were carried out, while the postponement or cancellation of IT investment plans is expected to result in a 4.3% year-on-year decline to ¥12.35 trillion. From fiscal 2022 onward, however, the market is expected to resume gradual growth, rising 0.4% year on year to ¥12.4 trillion, against a backdrop including the beginning of a recovery in the global economy.」
For the IT market, the company gives a specific outlook for a 4.3% decline to ¥12.35 trillion in fiscal 2021, while expecting a gradual recovery of 0.4% growth from fiscal 2022 onward. - FY2020First statedAnnual report
「If existing laws and regulations are strengthened or revised, new regulations take effect, corporate demand for IT resources changes, or market growth slows or the market contracts due to unforeseen circumstances or other events, this could materially affect our business and performance.」
The company discloses the risk of slower growth or contraction in the IT market in connection with regulatory changes, changes in corporate needs and unforeseen circumstances.