Impact on business performance from increased competition for network projects and delays in budget execution
First written in FY2018. 16 of 18 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2024-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2024-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2023-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2023-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2022MaterialisedAnnual report
「In Network Solutions, delays in executing budgets for satellite communications projects, reductions in capital investment budgets at broadcasters and CATV operators, and increased competition as video distribution shifted to internet delivery resulted in performance significantly diverging from the plan.」
The filing states that delays in budget execution, reductions in capital investment budgets and increased competition resulting from the shift to internet delivery actually occurred as causes of Network Solutions' performance falling short of plan. - FY2022-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2022-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2021-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2021-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2020-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2020-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2020-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2019-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2019-Q2RestatedAnnual report
「During the cumulative consolidated second quarter, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2019-Q1RestatedAnnual report
「During the three months ended the first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the impact on performance from increased competition and delays in executing budgets for network projects. - FY2018MaterialisedAnnual report
「Increased competition for video distribution projects reduced business opportunities, while large demand for CATV equipment upgrades recorded in the same period of the previous year was sluggish in the current consolidated fiscal year. Upgrade projects for video distribution receivers were also pushed into the next fiscal year due to delays in releasing new models. In addition, the satellite communications projects initially scheduled were pushed into the next fiscal year due to delays in budget execution.」
The filing identifies increased competition, delayed product releases and delays in executing budgets for satellite communications projects, among other factors, as causes of the actual decline in revenue and operating loss in Network Solutions.