Core System Modernization
First written in FY2021. 2 of 5 entries say "Softened", first in FY2022. Latest entry: FY2025-H1.
Japan Lifeline moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
9 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「Meanwhile, selling, general and administrative expenses increased due to higher personnel expenses and depreciation related to the new core system introduced in the previous consolidated fiscal year, and one-off expenses, including provision for doubtful accounts, were also incurred.」
The company confirmed that the overhaul of its core systems, for which delays had been disclosed, had reached the stage introduced in the previous consolidated fiscal year. - FY2024-Q3RestatedAnnual report
「As a result, operating profit, ordinary profit, and profit before income taxes for the nine months ended the third quarter increased by ¥117 million each compared with the previous method.」
The change from the declining-balance method to the straight-line method continued to be applied, increasing each of the relevant profits by ¥117 million compared with the previous method for the nine months ended the third quarter. - FY2023SoftenedAnnual report
「Filing company Tokyo Shinagawa-ku Core systems, etc. 1,638 1,338 Internal funds and borrowings February 2021 November 2023」
The scheduled completion of the core-systems overhaul was pushed back from May 2023 to November 2023, and total investment was revised to ¥1,638 million. - FY2022SoftenedAnnual report
「Filing company Tokyo Shinagawa-ku Core systems, etc. 1,488 376 Internal funds and borrowings February 2021 May 2023」
The overhaul of the core systems remains under way, with total investment of ¥1,488 million and ¥376 million already paid, but the scheduled completion date was pushed back from January 2023 to May 2023. - FY2021First statedAnnual report
「We have launched an initiative to overhaul our core systems, with the aim of making greater use of information technology in management.」
The company began overhauling its core systems and disclosed an equipment plan calling for work to begin in February 2021, completion in January 2023, and planned investment of ¥1,488 million.