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Kyogoku unyu shoji (9073) · InitiativeRestated

Core Business System Modernization

First written in FY2019. 3 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2022.

6entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2020 – FY20212019: 120192020: 220202021: 220212022: 12022
Same theme, other companies
Investment in Upgrading Core Business SystemsA theme 159 companies write about · 5 as a headwind · 154 as a tailwind

20 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 159 companies compared. The sentences above are computed from all 159.
Full recordFilings, disclosures and news, newest first
  1. FY2022RestatedAnnual report

    「In the previous consolidated fiscal year, there were also the completion of large-scale, high-margin construction projects in the tank cleaning and repair business, a surge in fuel costs associated with higher crude oil prices in each segment, and losses on the cancellation of leases for general-purpose computers used by the former core system,」

    Losses on the cancellation of leases for the former system after the renewal of the core business system were cited as a factor affecting profit and loss for the fiscal year under review.
  2. FY2021AchievedAnnual report

    「In addition, the introduction of the core business system developed over a period of 3 years has been completed, and we are confident that it will make a significant contribution to future operational efficiency and sales strategy.」

    The completion of the introduction of the core business system following 3 years of development has been explicitly stated, indicating that the plan has reached the completion stage.
  3. FY2021-Q3AdvancedAnnual report

    「Software ¥60.579 million ¥94.483 million Software under development ¥49.936 million ¥65.707 million」

    Software and software under development increased from the end of the previous fiscal year, with progress in IT-related investment, including the renewal of the core business system, reflected in asset balances.
  4. FY2021-Q2AdvancedAnnual report

    「Payments for the acquisition of intangible assets △ ¥20.228 million △ ¥63.562 million」

    Payments for the acquisition of intangible assets increased from ¥20.228 million in the same period of the previous year to ¥63.562 million, indicating progress in IT-related investment, including the renewal of the core business system.
  5. FY2020AdvancedAnnual report

    「Although software increased by ¥49 million following the introduction of the new core business system,」

    Regarding the plan to renew the system by the end of fiscal 2020, the increase in software accompanying the introduction of the new core business system was reported as an actual result.
  6. FY2019First statedAnnual report

    「To renew the core business system used for 30 years, we plan to complete development by the end of fiscal 2020 and invest ¥197 million in development costs. In addition, we expect cumulative synergies from reduced operating costs of ¥48 million over four years after the new system is introduced.」

    The plan calls for renewing the core system used for 30 years by the end of fiscal 2020, investing ¥197 million, and achieving cumulative cost savings of ¥48 million over four years.
Moved together

"Increase in Valuation Difference on Other Securities" moved the same way as this thread, in the same document, in 3 of its 6 moves.

3322★1234
  1. ★This thread
  2. 1Increase in Valuation Difference on Other Securities3×
  3. 2Funding Capital Investment and Working Capital Through Bank Borrowings3×
  4. 3Decrease in the Number of Construction Orders Received and Construction Projects Completed2×
  5. 4Investment in IT Equipment for Company-Wide Administrative Operations2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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Core Business System Modernization | Kyogoku unyu shoji Co.,Ltd. (9073) | Komori