Risk of declining orders for regional information cloud services due to local-government policy changes, budget cuts, and other factors
First written in FY2017. 13 of 17 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 7 of 31 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2026-H1DroppedAnnual report
「The group's reportable segments in the previous consolidated fiscal year were “Digital Government,” “Mobility Services” and “Smart Venue.” Following the transfer of a portion of the digital government business effective 30 June 2025, the “Digital Government” segment was discontinued at the end of the previous consolidated fiscal year.」
The former business environment for the regional information cloud business, based on municipal policies, budgets and bidding systems, was removed from coverage as a major risk for the Company's current business following the partial transfer of the digital government business and the discontinuation of the reporting segment. - FY2025WorsenedAnnual report
「The rollout of the cloud-based CMS procured through public tenders is almost complete across municipalities, and this is not an area in which significant growth can be expected.」
The Company indicates that the rollout of its cloud-based CMS for municipalities is almost complete across the market and that significant growth cannot be expected, making market maturity and reduced room for further orders more concrete risks in addition to the existing policy, budget and bidding-system risks. - FY2025-H1MaterialisedAnnual report
「For the current fiscal year, the order-winning rate has been recovering steadily, but unit prices declined partly because local governments themselves were under financial pressure.」
The Company states that pressure on municipal finances has actually emerged in the form of lower order prices. - FY2024RestatedAnnual report
「If changes in national or municipal government policies, including reductions in public-works budgets, increased joint use of regional information systems by multiple municipalities, a decline in the number of municipalities due to municipal mergers, and revisions to bidding systems, result in fewer orders, the Group's sales and profits could decline, adversely affecting its performance.」
The risk of lower orders due to changes in municipal policies, budgets, joint use, the number of municipalities and bidding systems has continued. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated group, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business, accounting conditions, financial statements and other matters described in the quarterly report.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2021-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company states that no major risk related to lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors has arisen and that there have been no material changes. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of lower orders for the regional information cloud business due to municipal policies, budget cuts and other factors. - FY2018RestatedAnnual report
「Changes in national or municipal government policies, including reductions in public-works budgets, increased joint use of regional information systems by multiple municipalities, a decline in the number of municipalities due to municipal mergers, and revisions to bidding systems, could affect the Company's financial condition and operating results.」
The risk of lower orders for the regional information cloud business due to municipal policies, budget cuts, joint use, municipal mergers and revisions to bidding systems has continued. - FY2017First statedAnnual report
「Changes in national or municipal government policies, including reductions in public-works budgets, increased joint use of regional information systems by multiple municipalities, a decline in the number of municipalities due to municipal mergers, and revisions to bidding systems, could affect the Company's financial condition and operating results.」
The Company has, for the first time, expressly identified reductions in public-works budgets due to policy changes, joint use among municipalities, a decline in the number of municipalities due to municipal mergers, and revisions to bidding systems as risks specific to the regional information cloud business.