Sharp changes in demand due to legal and regulatory amendments
First written in FY2016. 7 of 21 entries say "Mitigated", first in FY2019-Q1. Latest entry: 2026-05-14.
No other company in this theme has enough history to compare yet.
- 2026-05-14WorsenedRevision of earnings forecasts
「Although the financial-sector business struggled during the current consolidated fiscal year, we were able to increase business profit steadily.」
Weakness in the financial-sector business was cited as a factor behind the decline in full-year revenue in the SES Co-Creation Business, indicating continued softness in demand from the financial industry. - FY2025-H1WorsenedAnnual report
「Financial industry system development 3,107,738 3,038,388」
Revenue from financial industry system development decreased from ¥3,108 million in the same period of the previous year to ¥3,038 million. Weakness in the financial industry business has become an actual factor behind the segment's revenue decline. - FY2024-Q2MitigatedAnnual report
「Financial industry system development 2,713 3,108 395 161 238 76」
In financial industry system development, revenue increased from ¥2,713 million to ¥3,108 million and business profit from ¥161 million to ¥238 million, as the effects of the financial industry's longstanding investment restraint and project downsizing eased. - FY2023-Q3MitigatedAnnual report
「Financial industry system development 3,935 3,995 60 168 187 19」
Financial industry system development exceeded the same period of the previous year in both revenue and segment profit. The effects of investment restraint and project downsizing in the financial industry through the previous fiscal year eased on a cumulative third-quarter basis. - FY2023-Q2MitigatedAnnual report
「The improvement in operating profit from the same quarter of the previous year was supported by the information security consulting business, which continued to perform well; the system development business for the financial industry, where revenue from fund wrap systems increased; the PLM support solutions business, where orders from major customers began to recover; and the HR and payroll-related outsourcing business, where productivity improved through operational improvements.」
In financial industry system development, revenue from fund wrap systems increased, resulting in revenue of ¥2,713 million and segment profit of ¥161 million. The effects of the financial industry's longstanding investment restraint and project downsizing eased on a cumulative second-quarter basis. - FY2022-Q3MitigatedAnnual report
「In systems development for the financial sector, orders were strong, primarily from major customers, and exceeded the same quarter of the previous year. Revenue and profit also exceeded the same quarter of the previous year, owing to additional orders from existing customers and a rebound from the previous period, among other factors.」
In financial industry system development, orders, revenue, and profit exceeded the same period of the previous year, and the effects of the financial industry's longstanding investment restraint and project downsizing eased during the quarter. - FY2022-Q2MitigatedAnnual report
「In systems development for the financial sector, including banking, securities, life and non-life insurance, orders were strong, primarily from major customers, and exceeded the same quarter of the previous year. Revenue and profit also exceeded the same quarter of the previous year, owing to additional orders from existing customers and a rebound from the previous period, among other factors.」
In financial industry system development, orders from major customers were strong, and revenue and profit exceeded the same period of the previous year. The effects of investment restraint and project downsizing seen through the previous fiscal year continued to ease. - FY2022-Q1MitigatedAnnual report
「Orders for system development services for the financial industry, including banks, securities companies, and life and non-life insurers, were strong, particularly among major customers, resulting in orders above the same quarter of the previous year. Revenue and profit also substantially exceeded the same quarter of the previous year, owing to additional orders from existing customers and a rebound from the previous fiscal year.」
In financial industry system development, orders were strong, particularly from major customers, and revenue and profit substantially exceeded the same period of the previous year. The effects of the information technology investment restraint and project downsizing seen through the previous fiscal year eased during the quarter. - FY2021-Q3RestatedAnnual report
「Orders for system development services for the financial industry, including banks, securities companies, and life and non-life insurers, had been trending downward as investment was restrained in response to changes in the industry's earnings structure. Projects have also been downsized following the spread of COVID-19, resulting in orders below the same quarter of the previous year.」
Investment restraint stemming from changes in the financial industry's earnings structure and project downsizing due to COVID-19 have continued, and orders remain below the same period of the previous year. - FY2021-Q2WorsenedAnnual report
「Orders for system development services for the financial industry, including banks, securities companies, and life and non-life insurers, had been trending downward as investment was restrained in response to changes in the industry's earnings structure. Projects have also been downsized following the spread of COVID-19, resulting in orders below the same quarter of the previous year.」
In addition to investment restraint stemming from changes in the financial industry's earnings structure, project downsizing due to COVID-19 also contributed, resulting in orders and revenue below the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「In the systems development business for the financial industry, including banks, securities companies, and life and non-life insurers, projects were scaled back in response to the spread of COVID-19, resulting in orders below the same quarter of the previous year.」
In addition to the financial industry's longstanding restraint on information technology investment, the downsizing of projects due to the spread of COVID-19 has led to a decline in orders. - FY2020-Q3WorsenedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, the company won orders mainly from existing customers, but orders fell below the previous year’s corresponding period due to restrained systems investment accompanying the deterioration in the financial industry’s earnings structure.」
The restraint on systems investment accompanying the deterioration in the financial industry’s earnings structure has continued, affecting orders for systems development for the financial industry, which have fallen below the previous year’s corresponding period. - FY2020-Q2WorsenedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, the company won orders mainly from existing customers, but orders fell below the previous year’s corresponding period due to restrained systems investment accompanying the deterioration in the financial industry’s earnings structure.」
The restraint on systems investment accompanying the deterioration in the financial industry’s earnings structure actually affected orders, and systems development for the financial industry fell below the previous year’s corresponding period. - FY2020-Q1WorsenedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, the company sought to expand orders from major customers and acquire new customers, but results fell below the same quarter of the previous year because conditions in its core securities industry were challenging.」
In systems development for the financial industry, challenging conditions in the core securities industry caused orders to fall below the previous year’s corresponding period. The impact of restrained information technology investment and demand has again appeared in business performance. - FY2019-Q1MitigatedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, orders exceeded the same quarter of the previous year as the company won information technology investment projects, mainly from major customers. Revenue was maintained at approximately the same level as the same quarter of the previous year, while profit exceeded that quarter due to improved productivity and restrained SG&A expenses.」
Orders for information technology investment projects in the financial industry exceeded the previous year’s corresponding period, revenue was approximately flat, and profit increased. The impact of the restraint on information technology investment described through the previous period eased in the current quarter. - FY2018-Q3RestatedAnnual report
「The ongoing restraint on information technology investment across the financial industry resulted in performance below the same quarter of the previous year.」
The ongoing restraint on information technology investment across the financial industry continues to affect orders, revenue and profit, which have fallen below the previous year’s corresponding period. - FY2018-Q2RestatedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, the company has won information technology investment projects, mainly from major customers. However, the ongoing restraint on information technology investment across the financial industry resulted in performance below the same quarter of the previous year.」
The ongoing restraint on information technology investment across the financial industry continues to affect orders, revenue and profit, which have fallen below the previous year’s corresponding period. - FY2017MaterialisedAnnual report
「As projects related to regulatory amendments in the previous consolidated fiscal year have run their course, information technology investment across the financial industry has declined, resulting in performance below the previous consolidated fiscal year.」
Following the completion of temporary projects related to regulatory amendments, lower information technology investment in the financial industry and its impact on orders and business performance have actually continued. - FY2017-Q3MaterialisedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, the company has won information technology investment projects, mainly from major customers. However, as projects related to regulatory amendments in the previous consolidated fiscal year have run their course and information technology investment across the financial industry has declined, results fell below the same quarter of the previous year.」
Following the completion of temporary projects related to regulatory amendments, information technology investment across the financial industry has continued to decline, affecting orders, which have fallen below the previous year’s corresponding period. - FY2017-Q2MaterialisedAnnual report
「In systems development for the financial industry, including banks, securities companies, and life and non-life insurers, the company has won information technology investment projects, mainly from major customers. However, as projects related to regulatory amendments in the previous consolidated fiscal year have run their course and information technology investment across the financial industry has declined, results fell below the same quarter of the previous year.」
Following the completion of temporary projects related to regulatory amendments, demand fluctuations are actually appearing in the form of lower information technology investment across the financial industry. - FY2016First statedAnnual report
「Changes in the external environment resulting from regulatory amendments, including amendments to accounting systems, may temporarily generate demand.」
The company indicates that regulatory amendments may generate temporary demand, while demand may fluctuate sharply when that demand runs its course.