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Ichinen Holdings (9619) · InitiativeCited as achieved

Development of a core system for the automobile leasing business

First written in FY2018-Q3. 2 of 8 entries say "Softened", first in FY2019. Latest entry: FY2022.

8entries
5years
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018SoftenedFY2019 – FY2020DroppedFY2021-Q2 – FY2021-Q3ReframedFY20212018: 220182019: 120192020: 220202021: 220212022: 12022
Same theme, other companies
Automotive Leasing Core System Development and Post-Discontinuation Business ReformA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022Cited as achievedAnnual report

    「Regarding the system for the automotive leasing-related business, which is the core business whose development was discontinued in the previous fiscal year, the company has confirmed at monthly board meetings that activities by the newly established Business Reform Project team, formed to support future modifications and upgrades to the core system, are progressing almost as planned.」

    The company stated that the board had confirmed that the Business Reform Project was progressing almost as planned following the discontinuation of core system development.
  2. FY2021ReframedAnnual report

    「For the core system whose development was discontinued during the fiscal year, the company conducted a detailed analysis of the factors that led to the discontinuation, then newly formed a Business Reform Project to apply the findings to future system development. It will establish a dedicated department in April 2021 and fully launch the project.」

    Following the discontinuation of development of the core system, the company shifted from its previous policy of continuing development to an approach centered on analyzing the causes and conducting the Business Reform Project.
  3. FY2021-Q3Cited as achievedAnnual report

    「In addition, as a result of recording a ¥2,464 million loss on disposal and sale of fixed assets due to the discontinuation of development of the core system for the automotive leasing-related business and other factors」

    Regarding the previously disclosed discontinuation of development of the core system, the company described the accounting impact as the recording of a ¥2,464 million loss on disposal and sale of fixed assets arising from the disposal of software.
  4. FY2021-Q2DroppedAnnual report

    「In addition, as a result of recording a ¥2,389 million loss on disposal and sale of fixed assets due to the discontinuation of development of the core system for the automotive leasing-related business and other factors」

    For the core system, whose start of operations had previously been targeted, the company disposed of software following the discontinuation of development and recorded a related ¥2,389 million loss on disposal and sale of fixed assets.
  5. FY2020SoftenedAnnual report

    「The start of operations of the core system for the automotive leasing-related business had been delayed due to changes in requirements and other factors. The company has abandoned development of some functions, narrowed the requirements and is targeting the start of operations in the fiscal year ending March 2021.」

    The company abandoned development of some functions of the core system and narrowed its requirements, changing the target start of operations to the fiscal year ending March 2021.
  6. FY2019SoftenedAnnual report

    「Comprehensive automotive services system ¥2,933 million Amount paid to date ¥2,736 million 2013.9 2019.9」

    Development of the core system is continuing, with total investment of ¥2,933 million, ¥2,736 million paid to date and completion scheduled for September 2019. The company stated that the schedule had changed from the previous completion date following a review of the plan.
  7. FY2018AdvancedAnnual report

    「¥2,797 million in payments for the acquisition of property, plant and equipment and intangible assets, including development of the core system for the automotive leasing-related business」

    Development of the core system is continuing, and the expenditure has been recorded as part of capital investment. Completion was scheduled for September 2018.
  8. FY2018-Q3First statedAnnual report

    「This was primarily attributable to ¥2,271 million in payments for the acquisition of property, plant and equipment and intangible assets, including buildings and other assets related to research and development facilities in the Chemicals business and development of the core system for the automotive leasing-related business.」

    The company listed development of the core system for the automotive leasing-related business as a specific capital investment item for the first time. Payments for the acquisition of related property, plant and equipment and intangible assets amounted to ¥2,271 million.
Moved together

"Uncertainty arising from monetary policy, the UK's withdrawal from the EU and economic downturns in emerging markets" moved the same way as this thread, in the same document, in 3 of its 8 moves.

3322★1234
  1. ★This thread
  2. 1Uncertainty arising from monetary policy, the UK's withdrawal from the EU and economic downturns in emerging markets3×
  3. 2Loss expansion due to higher development costs in the agricultural business3×
  4. 3Building a stable earnings base over the medium to long term2×
  5. 4Impact of COVID-19 on Economic and Business Activity2×

★ 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.

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Ichinen Holdings's next results are scheduled for 2026-11-05. Read the earnings preview
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Development of a core system for the automobile leasing business | ICHINEN HOLDINGS CO.,LTD. (9619) | Komori