Obsolescence of Existing Products and Services Due to Technological Innovation
First written in FY2016. 14 of 22 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Against a backdrop of the spread of generative AI and the growing preference for in-house development, the value of simple development and implementation is declining relatively, while demand is increasing for comprehensive services covering overall design through implementation and operations. Structural changes in the information and communications industry are also progressing.」
The specific impact of technological innovation rendering existing services obsolete and reducing their value was clearly stated, including the relative decline in the value of basic development and implementation work. - FY2024-Q3RestatedAnnual report
「We seek to differentiate ourselves from competitors and enhance our competitive advantage by leveraging the comprehensive capabilities of our Group to solve customer issues and prevent the solutions we provide from becoming obsolete.」
By solving customer issues and differentiating ourselves through our comprehensive capabilities, we continue to prevent solution obsolescence and enhance our competitive advantage. - FY2024-Q2RestatedAnnual report
「We seek to differentiate ourselves from competitors and enhance our competitive advantage by leveraging the comprehensive capabilities of our Group to solve customer issues and prevent the solutions we provide from becoming obsolete.」
By solving customer issues and differentiating ourselves through our comprehensive capabilities, we continue to prevent solution obsolescence and enhance our competitive advantage. - FY2024-Q1RestatedAnnual report
「We seek to differentiate ourselves from competitors and enhance our competitive advantage by leveraging the comprehensive capabilities of our Group to solve customer issues and prevent the solutions we provide from becoming obsolete.」
To prevent solution obsolescence and enhance our competitive advantage, we continue to solve customer issues and differentiate ourselves through our comprehensive capabilities. - FY2023-Q2RestatedAnnual report
「We seek to differentiate ourselves from competitors and enhance our competitive advantage by leveraging the comprehensive capabilities of our Group to solve customer issues and prevent the solutions we provide from becoming obsolete. We are also working to transform our business structure by modernizing existing assets and expanding innovation.」
To prevent solutions from becoming obsolete, we continue to address customer issues, modernize existing assets, expand innovation and transform our business structure. - FY2023-Q1RestatedAnnual report
「We seek to differentiate ourselves from competitors and enhance our competitive advantage by leveraging the comprehensive capabilities of our Group to solve customer issues and prevent the solutions we provide from becoming obsolete. We are also working to transform our business structure by modernizing existing assets and expanding innovation.」
To prevent solutions from becoming obsolete, we continue to address customer issues, modernize existing assets, expand innovation and transform our business structure. - FY2022-Q3RestatedAnnual report
「We are working to enhance our competitive advantage by preventing the solutions we provide from becoming obsolete. We are also working to transform our business structure by modernizing existing assets and expanding innovation.」
In response to the risk of solutions becoming obsolete due to technological innovation, the policy of continuing to pursue modernization, innovation and business structure transformation remains in place. - FY2022-Q1RestatedAnnual report
「We are working to transform our business structure by modernizing existing assets and expanding innovation.」
In response to the obsolescence of existing products and services due to technological innovation, the policy of continuing to modernize existing assets and transform the business structure remains in place. - FY2021MitigatedAnnual report
「We are working to transform our business structure by modernizing existing assets and expanding innovation.」
In response to the risk of existing products and services becoming obsolete due to technological innovation, modernizing existing assets and transforming the business structure through innovation were identified as measures. - FY2021-Q3RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability. In addition, if we fail to respond appropriately to the latest technology and product information and evolving business models, this may affect our Group's future earnings.」
The risks of existing products and services becoming obsolete due to rapid technological change and delays in responding to the latest technology and product information and evolving business models continue to be identified. - FY2020-Q3RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability. In addition, if we fail to respond appropriately to the latest technology and product information and evolving business models, this may affect our Group's future earnings.」
The risks of existing products and services becoming obsolete due to rapid technological change and delays in responding to the latest technology and product information and evolving business models continue to be identified. - FY2020-Q2RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability. In addition, if we fail to respond appropriately to the latest technology and product information and evolving business models, this may affect our Group's future earnings.」
The risks of existing products and services becoming obsolete due to rapid technological change and delays in responding to the latest technology and product information and evolving business models continue to be identified. - FY2019WorsenedAnnual report
「In addition, if we fail to respond appropriately to the latest technology and product information and evolving business models, this may affect our Group's future earnings.」
In addition to the obsolescence of existing products and services, delays in responding to the latest technology and product information and evolving business models were explicitly identified as risks. - FY2019-Q2RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability.」
The risk of existing products and services becoming obsolete due to rapid technological change and the introduction of new products and services continues to be identified. - FY2019-Q1MaterialisedAnnual report
「The services business remained flat. System operation services and LCM services performed solidly, but network construction declined as the use of mobile devices progressed.」
Changes in usage models resulting from the increased use of mobile services have appeared in the performance of existing service areas as a decline in network construction projects. - FY2018-Q3MaterialisedAnnual report
「In network integration, we worked on system construction businesses for network infrastructure (LAN/WAN), call centers and other applications. However, the shift to centralized servers and mobile systems had an impact, while the timing of revenue recognition for infrastructure construction projects was also pushed back, and the business ended weakly.」
Changes in usage models and technology continue to appear in results as weak performance in the existing network construction business. - FY2018-Q2MaterialisedAnnual report
「In network integration, we worked on system construction businesses for network infrastructure (LAN/WAN), call centers and other applications. However, the shift to centralized servers and mobile systems had an impact, while the timing of revenue recognition for infrastructure construction projects was also pushed back, and the business ended weakly.」
Changes in technology and usage models emerged as weak performance in the existing network construction business. - FY2018-Q1MaterialisedAnnual report
「In systems integration, cloud-based system construction remained firm, while on-premises system construction resulted in revenue and profit below the prior-year levels due to the shift to cloud services.」
The shift to cloud services appeared in results as revenue and profit from on-premises system construction falling below the prior-year levels. - FY2017-Q3RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability.」
The risk of existing products and services becoming obsolete due to technological innovation and the introduction of new products and services continues to be identified. - FY2017-Q2RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability.」
The risk of existing products and services becoming obsolete due to rapid technological change and the introduction of new products and services continues to be identified. - FY2017-Q1RestatedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability.」
The risk of existing products and services becoming obsolete due to rapid technological change and the introduction of new products and services continues to be identified. - FY2016First statedAnnual report
「The markets in which our Group operates are characterized by rapid technological change and the frequent introduction of new products and services resulting from technological innovation. As a result, products and services we have traditionally handled may become obsolete and lose their commercial viability.」
The possibility that existing products and services may lose their commercial viability due to delays in responding to technological change is identified.