Changes in the business environment driven by digitalization, domestic production and localization
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
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- FY2026RestatedAnnual report
「The business environment surrounding our group is changing rapidly, including changes in the industrial structure, as digital technologies such as AI and IoT continue to evolve and moves toward achieving digital transformation become more pronounced. In addition, the global trend toward domestic production and protectionism is driving demand for greater local procurement and a more diverse range of products handled.」
Changes in the business environment driven by AI, IoT and digital transformation, domestic production and protectionism, local procurement, and product diversification continue to be identified as challenges. - FY2023RestatedAnnual report
「The business environment surrounding our group is changing rapidly, including changes in the industrial structure, as digital technologies such as AI and IoT continue to evolve and moves toward achieving digital transformation become more pronounced. In addition, the global trend toward domestic production and protectionism is driving demand for greater local procurement and a more diverse range of products handled.」
Changes in the business environment driven by AI, IoT and digital transformation, domestic production and protectionism, local procurement, and product diversification continue to be identified as challenges. - FY2021First statedAnnual report
「The business environment surrounding our group is changing rapidly, including changes in the industrial structure, as digital technologies such as AI and IoT continue to evolve and moves toward achieving digital transformation become more pronounced. In addition, the global trend toward domestic production and protectionism is driving demand for greater local procurement and a more diverse range of products handled.」
Changes in the industrial structure driven by AI, IoT and digital transformation, localisation of procurement driven by domestic production and protectionism, and diversification of products handled are described collectively for the first time as new challenges in the business environment.