Investment restraint due to customers’ economic and business conditions
First written in FY2022. 8 of 9 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 4 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「However, the outlook for domestic and overseas economic conditions remains uncertain because of rising prices, sharp foreign-exchange movements and heightened geopolitical risks.」
Uncertainty caused by rising prices, exchange-rate movements and geopolitical risks continues to be disclosed as an external risk. - FY2025-H1RestatedAnnual report
「The global economy is recovering as inflation subsides, but the domestic economy could weaken because of political uncertainty, geopolitical risks, an economic slowdown and foreign-exchange movements.」
The possibility of a domestic slowdown caused by economic deceleration, political and geopolitical risks, and exchange-rate movements continues to be presented as an external risk affecting customer investment and results. - FY2024RestatedAnnual report
「However, the domestic economy could weaken because of uncertainty in overseas economies and foreign-exchange fluctuations.」
The risk that economic fluctuations could restrain customers’ business and IT investment is described together with overseas uncertainty and exchange-rate movements. - FY2024-Q3RestatedAnnual report
「Economic conditions remain uncertain because of soaring prices and inflation concerns resulting from Russia’s invasion of Ukraine, as well as the continued depreciation of the yen.」
The drivers of economic uncertainty were restated as Russia–Ukraine developments, higher prices, inflation concerns and continued yen weakness. - FY2024-Q2RestatedAnnual report
「Economic conditions remain uncertain because of soaring prices and inflation concerns resulting from Russia’s invasion of Ukraine, as well as the continued depreciation of the yen.」
The drivers of economic uncertainty were restated as Russia–Ukraine developments, higher prices, inflation concerns and continued yen weakness. - FY2024-Q1RestatedAnnual report
「Although the COVID-19 pandemic has been downgraded to Category 5 under the Infectious Diseases Control Law and socioeconomic activity is returning to normal, uncertainty remains because of the prolonged Russia–Ukraine situation and accelerated monetary tightening accompanying global inflation.」
While post-COVID normalization is progressing, continued economic uncertainty due to the Russia–Ukraine situation, global inflation and monetary tightening was restated. - FY2023RestatedAnnual report
「Economic conditions remain uncertain because of inflation caused by the prolonged Russia–Ukraine situation, soaring energy and raw-material prices, and policy-rate hikes accompanying accelerating inflation in Europe and the United States.」
Economic uncertainty related to restrained customer investment was restated together with geopolitical conditions and higher prices and interest rates. - FY2023-Q3RestatedAnnual report
「Economic conditions remain uncertain because of inflation caused by the prolonged Russia–Ukraine situation and policy-rate hikes accompanying accelerating inflation in Europe and the United States.」
The macro environment surrounding the risk of restrained customer investment is described in terms of geopolitical conditions, rising prices, inflation and higher interest rates. - FY2022First statedAnnual report
「If business investment or IT investment is restrained because of domestic or overseas economic conditions or the management conditions and performance of these major customers, this may affect our results.」
The company says it will respond flexibly through customer-industry diversification and stronger alternatives among talent-procurement channels.