Delays, Interruptions and Deteriorating Profitability in System Development Projects

「Provision for loss on orders 24.153 25.230」

「The increase in current liabilities was due mainly to a ¥192.855 million decrease in the provision for loss on orders, while income taxes payable increased by ¥630.200 million and the provision for product warranties increased by ¥420.000 million, among other factors.」

「Provision for loss on orders 217,009 80,757」

「The provision for loss on orders increased from ¥190.286 million to ¥217.009 million.」

「Provision for loss on orders 190,286 90,763」

「In the Public Sector segment, the software development and systems sales business performed steadily, driven by systems sales to local governments, police departments and water utilities. The information processing services business, including cloud services and outsourcing services that leverage the group's comprehensive capabilities, also performed steadily, contributing to revenue and profit. On the other hand, surveys and research toward standardization and the occurrence of unprofitable projects in some projects, among other factors,」

「Provision for loss on orders 67,589 297,886」

「Provision for loss on orders 67,589 183,315」

「Provision for loss on orders 67,589 66,498」

「The provision for loss on orders increased from ¥36.107 million to ¥67.589 million.」

「Provision for loss on orders 36,107 52,653」

「Provision for loss on orders 36,107 52,653」

「Provision for loss on orders 36,107 63,754」

「Provision for loss on orders 36,107 32,313」

「The provision for loss on orders is recognized at the end of each consolidated fiscal year for losses expected to arise after the end of the following consolidated fiscal year, where the amount of future losses related to order contracts can be reasonably estimated.」

「Provision for loss on orders 940 83,320」

「Provision for loss on orders 940 52,342」

「Provision for loss on orders 940 51,906」

「Provision for loss on orders 18,440 4,768」

「Provision for loss on orders 18,440 28,934」

「Provision for loss on orders 18,440 11,736」

「The decrease in current liabilities was mainly due to decreases of ¥961.228 million in the provision for loss on orders for unprofitable projects, ¥329.500 million in short-term borrowings and ¥217.300 million in accrued income taxes, among other factors.」

「The decrease in current liabilities was mainly due to decreases of ¥968.468 million in the provision for loss on orders for unprofitable projects, ¥329.500 million in short-term borrowings and ¥294.491 million in the provision for bonuses, among other factors.」

「The decrease in current liabilities was mainly due to decreases of ¥962.323 million in the provision for loss on orders for unprofitable projects and ¥630.649 million in other items, mainly advance payments, among other factors.」

「The Public Works segment performed steadily across all service areas. However, in terms of profit, results declined year on year due to the accounting treatment of unprofitable projects.」

「The decrease in current liabilities was mainly due to increases of ¥508.550 million in provision for loss on orders and ¥201.439 million in accrued income taxes, among other factors.」

「In terms of profit, results declined year on year, mainly due to the accounting treatment of unprofitable projects, including the recognition of ¥542.415 million as a provision for loss on orders.」

「Implementation of the G.Be_U (comprehensive administrative solution) for local governments and systems for water utilities exceeded the previous year's results. However, in terms of profit, results declined year on year, mainly due to the accounting treatment of unprofitable projects.」

「Provision for loss on orders 471,118 474,764」

「Provision for loss on orders ¥471.118 million」

「Provision for loss on orders 434,904 446,075」

「Provision for loss on orders 434,904 442,414」

「Provision for loss on orders 434,904 442,896」

「The increase in current liabilities was mainly due to increases of ¥428.219 million in accounts payable, ¥380.000 million in short-term borrowings and ¥294.828 million in provision for loss on orders, among other factors.」

「The increase in current liabilities was mainly due to an increase of ¥290.000 million in short-term borrowings and an increase of ¥207.839 million in provision for loss on orders, although the provision for bonuses decreased by ¥268.824 million, among other factors.」

「The increase in current liabilities was mainly due to increases of ¥174.506 million in accounts payable and ¥328.540 million in provision for loss on orders, among other factors.」

「However, unforeseen circumstances and other events may delay or suspend individual projects, resulting in deteriorating profitability and potentially affecting the performance of the Group.」