High reliance on orders from government agencies
First written in FY2016. 17 of 19 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2024: 7 of 31 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2021MitigatedAnnual report
「The Group will also work to secure orders in the private-sector market with a view to expanding its business areas.」
In light of the risk of dependence on orders from government agencies, the company explicitly states that it will expand its business areas by securing orders in the private-sector market. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2018RestatedAnnual report
「The Group’s main customers are national and local governments and other public-sector entities. A shift in national budget priorities, deterioration in public finances or a resulting reduction in budget sizes could reduce orders and materially affect the Group’s operating results.」
The company continues to disclose the risks of dependence on orders from government agencies and reduced orders due to budget cuts. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been made to the risks of high dependence on government agencies for orders and reduced orders due to budget cuts. - FY2016First statedAnnual report
「The Group’s main customers are national and local governments and other public-sector entities. A shift in national budget priorities, deterioration in public finances or a resulting reduction in budget sizes could reduce orders and materially affect the Group’s operating results.」
The company identifies as risks its high dependence on orders from national and local governments and other public-sector entities, and the possibility of reduced orders due to budget cuts.