Tripling the Security Business
First written in FY2016. 11 of 27 entries say "Advanced", first in FY2017. Latest entry: FY2024.
BUSINESS BRAIN SHOWA・OTA INC. moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2024: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2024ReframedAnnual report
「Information security consulting 5,544 392 △5,152 736 △6 △742」
Following GSX’s removal from the scope of consolidation and conversion to an equity-method affiliate, the scope of consolidation for information security consulting changed substantially. Consolidated segment revenue was ¥392 million, and the business recorded a loss. - FY2024-Q1ReframedAnnual report
「Although information security consulting declined after becoming an equity-method affiliate as a result of the sale of some shares in a consolidated subsidiary, the business as a whole declined only slightly because accounting systems consulting, systems development and other businesses performed well.」
The scope of consolidated revenue changed following the partial sale of GSX shares and GSX’s conversion to an equity-method affiliate. Information security consulting generated revenue of ¥391 million, while segment profit included a gain on the loss of control. - FY2023AdvancedAnnual report
「Information security consulting 4,366 5,544 1,178 318 736 418」
Information security consulting increased revenue from ¥4,366 million to ¥5,544 million and segment profit from ¥318 million to ¥736 million, demonstrating growth in business scale and profitability. - FY2023-Q3AdvancedAnnual report
「Information security consulting 3,081 4,008 927 324 553 229」
Information security consulting increased revenue from ¥3,081 million to ¥4,008 million and segment profit from ¥324 million to ¥553 million. The security business continued to expand and improve profitability, although the degree of progress toward the tripling target itself was not stated. - FY2023-Q2AdvancedAnnual report
「Information security consulting 1,902 2,563 661 208 346 138」
Information security consulting recorded revenue of ¥2,563 million and segment profit of ¥346 million, exceeding the previous year’s ¥1,902 million and ¥208 million, respectively. Orders, sales and profit continued to grow. - FY2023-Q1AdvancedAnnual report
「Information security consulting 845 1,169 324 87 127 40」
Information security consulting recorded revenue of ¥1,169 million and segment profit of ¥127 million, exceeding the previous year’s ¥845 million and ¥87 million, respectively. The business’s growth is demonstrated by concrete improvements in its performance. - FY2022AdvancedAnnual report
「Orders in the information security consulting business remained strong because of growing awareness of information security and other factors, exceeding the previous consolidated fiscal year. Revenue also substantially exceeded the previous consolidated fiscal year, supported by the strong order environment. Although advertising and other expenses increased with business expansion, profit exceeded the previous consolidated fiscal year because of strong revenue.」
Information security consulting recorded revenue of ¥4,366 million and segment profit of ¥318 million, with orders, sales and profit exceeding the previous fiscal year. - FY2022-Q3AdvancedAnnual report
「In the information security consulting business, orders and revenue remained strong from the end of the previous consolidated fiscal year and substantially exceeded those in the same quarter of the previous year. Although expenses increased with business expansion, including advertising to raise awareness of the services, profit also substantially exceeded the previous year’s level because of strong sales.」
Information security consulting recorded revenue of ¥3,081 million and segment profit of ¥324 million, exceeding the previous year’s ¥2,011 million and ¥196 million, respectively. Orders, sales and profit grew substantially despite higher expenses associated with business expansion, including advertising. - FY2022-Q2AdvancedAnnual report
「Information security consulting 1,190 1,902 712 69 208 139」
Information security consulting recorded revenue of ¥1,902 million and segment profit of ¥208 million, exceeding the previous year’s ¥1,190 million and ¥69 million, respectively. Although advertising and other expenses increased with business expansion, orders, revenue and earnings improved substantially. - FY2021-Q3AdvancedAnnual report
「Information security consulting 1,435 2,011 576 18 194 176 In the information security consulting business, the rapid increase in society-wide awareness of information security following the spread of COVID-19 and the introduction of telework resulted in exceptionally strong orders and sales through the six-month period. As this business is weighted toward the second half, orders and sales increased further during the nine-month period, substantially exceeding those in the same quarter of the previous year. Although expenses increased with business expansion, profit also substantially exceeded the previous year’s level.」
Information security consulting recorded revenue of ¥2,011 million and segment profit of ¥194 million, a substantial increase from ¥1,435 million and ¥18 million, respectively, in the previous year. The increase in demand resulting from the introduction of telework and the effects of transferring part of EP Consulting Services’ business continued. - FY2021-Q2AdvancedAnnual report
「In the information security consulting business, the rapid increase in society-wide awareness of information security following the spread of COVID-19 and the introduction of telework resulted in exceptionally strong orders and sales for the six-month period ended with the second quarter of the current consolidated fiscal year, substantially exceeding those in the same quarter of the previous year. In addition, during the first quarter of the current consolidated fiscal year, part of the business of consolidated subsidiary EP Consulting Services was transferred to Global Security Experts Inc., which operates this business, and the effects of that business transfer are beginning to emerge.」
Information security consulting recorded substantial growth in orders and sales against the backdrop of the introduction of telework, and the effects of transferring part of EP Consulting Services’ business also emerged. - FY2021-Q1Strong orders and sales and improved earnings amid business expansionAnnual report
「In the information security consulting business, orders and sales remained strong from the end of the previous consolidated fiscal year and substantially exceeded those in the same quarter of the previous year. Although expenses increased as the business expanded, earnings improved substantially year on year because of strong sales.」
The information security business recorded orders and sales substantially above the previous year’s level. Although expenses increased with the expansion of the business, earnings improved substantially. Segment earnings were nevertheless a ¥28 million loss. - FY2020-Q3Continued strong orders and sales and improvement in earningsAnnual report
「In the information security field, orders and sales were strong and substantially exceeded those in the same period of the previous year. Earnings improved substantially year on year because measures including improved utilization contributed and the adoption of the accounting standard for revenue recognition brought forward the recognition of profit on some projects.」
The security business recorded orders and sales substantially above the previous year’s level, while measures including improved utilization and adoption of the revenue recognition accounting standard also substantially improved earnings. The degree of progress toward the tripling target itself was not stated. - FY2020-Q2Narrowing the loss through improved utilization and adoption of accounting standardsAnnual report
「In the information security field, orders and sales were strong and substantially exceeded those in the same period of the previous year. Earnings improved substantially year on year because measures including improved utilization contributed and the adoption of the accounting standard for revenue recognition brought forward the recognition of profit on some projects.」
The security business recorded orders and sales substantially above the previous year’s level, while measures including improved utilization and adoption of the revenue recognition accounting standard also substantially improved earnings. However, segment profit remained a ¥5 million loss. - FY2020-Q1Reduction in losses through improvement of the revenue structureAnnual report
「In information security consulting, interest in information security risks remained high and orders exceeded those in the same quarter of the previous year. Sales were slightly above the previous year’s level, supported by the firm order trend described above. Although a loss was recorded, as profits tend to be concentrated at the end of the fiscal year, the loss decreased as the revenue structure improved.」
Demand for information security and orders remained firm, but the business remained loss-making because of the concentration of profits at the end of the fiscal year. However, the loss decreased as the revenue structure improved. - FY2019AdvancedAnnual report
「The information security business achieved profitability for the full year.」
Although the degree of progress toward the tripling target itself was not indicated, the company reported a specific improvement in profitability: the information security business became profitable for the full year. - FY2019-Q3Continued recovery in orders and improvement in lossesAnnual report
「In the information security field, orders remained firm because of strong interest in information security risks, exceeding those in the same quarter of the previous year. Sales were approximately at the same level as in the previous year. Although a loss was recorded, as in the same quarter of the previous year, earnings improved substantially as structural improvements, including streamlining the organizational structure, contributed despite the tendency for profits to be concentrated at the end of the fiscal year.」
The security business recorded orders above the previous year’s level, while sales were approximately unchanged. Although a loss remained, earnings improved substantially through structural improvements, including streamlining the organizational structure. - FY2019-Q2Improvement in losses through streamlining the organizational structureAnnual report
「In the information security field, orders remained firm because of strong interest in information security risks, exceeding those in the same quarter of the previous year. Sales also exceeded the previous year’s level, supported by the firm order trend described above. Although a loss was recorded, as in the same quarter of the previous year, earnings improved substantially as structural improvements, including streamlining the organizational structure, contributed despite the tendency for profits to be concentrated at the end of the fiscal year.」
Orders and sales exceeded the previous year’s level, and although a loss remained, earnings improved substantially through structural improvements, including streamlining the organizational structure. - FY2019-Q1Changes in projects and earnings structure accompanying the review of the revenue structureAnnual report
「In the information security field, interest in information security risks remains high and we continue to receive many inquiries. However, orders were below those in the same quarter of the previous year, partly because the contracted value of each order has changed following the review of the revenue structure. Sales were slightly above the same quarter of the previous year, supported by the firm order trend described above. As profits tend to be concentrated at the end of the fiscal year, and because of upfront investment associated with the review of the revenue structure, a loss was recorded, as in the same quarter of the previous year.」
Demand for information security remains firm, but the contracted value of each project changed following the review of the revenue structure, causing orders to fall below the previous year’s level. Sales were slightly higher, while upfront investment and other factors resulted in a loss. - FY2018RestatedAnnual report
「In the information security field, orders and sales remained firm, but were below the previous consolidated fiscal year, which included large projects. The fiscal year also coincided with a period in which costs preceded revenue following the launch of new services, resulting in a loss for the year.」
While indicating that the security business continued, the company reported a full-year loss because of the reaction to large projects in the previous period and upfront costs for new services. No new milestone toward the tripling target was stated. - FY2018-Q3RestatedAnnual report
「In the information security field, interest in information security risks remains high and we continue to receive many inquiries, with orders remaining firm. However, orders were below those in the same quarter of the previous year, which included a relatively large order.」
Continues to explain strong interest in information security, the high number of inquiries and firm orders, although orders were below the previous year’s level because of the comparison with a large order in that period. No new milestone toward the tripling target was indicated. - FY2018-Q2RestatedAnnual report
「In the information security field, interest in information security risks remains high and we continue to receive many inquiries, with orders remaining firm. However, orders were below those in the same quarter of the previous year, which included a relatively large order.」
Continues to explain strong interest in information security, the high number of inquiries and firm orders, although orders were below the previous year’s level because of the comparison with a large order in that period. No new milestone toward the tripling target was indicated. - FY2017AdvancedAnnual report
「On 27 February 2017, we acquired all of the GSX shares held by Sigmaxis, representing 49% of the total number of shares issued.」
There was concrete progress in dissolving the joint venture agreement and acquiring an additional 49% non-controlling interest in GSX. - FY2017-Q3RestatedAnnual report
「In the information security field, companies are operating in a social environment where many recognize the various risks posed by targeted cyberattacks. Demand therefore remains high, and orders exceeded those in the same quarter of the previous year.」
Explains strong security demand and orders exceeding the previous year’s level, but does not indicate a new milestone toward the tripling target. - FY2017-Q2RestatedAnnual report
「In the information security field, companies are operating in a social environment where many recognize the various risks posed by targeted cyberattacks, and demand remains high.」
Continues to explain that security demand is high, driven by companies’ recognition of the risks posed by targeted cyberattacks. - FY2017-Q1RestatedAnnual report
「In the network security field, companies are operating in a social environment where many recognize the various risks posed by targeted cyberattacks. Demand therefore remains high, and orders exceeded those in the same quarter of the previous year.」
Explains strong security demand and orders exceeding the previous year’s level, but does not indicate a new milestone toward the tripling target. - FY2016First statedAnnual report
「Building and establishing the business structure to triple the security business」
Sets a numerical target of tripling the security business and identifies the development and establishment of the business structure as the means to achieve it.