Decline in merchandise resale sales following the temporary surge in hardware replacement demand
First written in FY2020-Q1. 6 of 10 entries say "Restated". Latest entry: FY2023-Q1.
1 other company's latest entry also says "Dropped".
- FY2023-Q1DroppedAnnual reportThe performance explanation for the first quarter of the current fiscal year does not separately mention the decline in resold hardware sales following the reversal of hardware replacement demand in the previous fiscal year.
- FY2022RestatedAnnual report
「Due in part to the impact of the decline following the loss of special-demand projects in the previous fiscal year, revenue decreased by ¥2.782 billion, or 5.8%, from the previous fiscal year to ¥45.22 billion.」
The disclosure continues to cite the decline following the loss of special-demand projects in the previous fiscal year as a factor behind the decline in revenue, rather than the previous description of a decline following the reversal of hardware replacement demand. - FY2022-Q3RestatedAnnual report
「However, in addition to the decline following the loss of special-demand projects in the previous fiscal year, some manufacturing customers, the company’s main customers, continued to restrain ICT investment. Furthermore, unsuccessful bids and delivery delays in the infrastructure construction business caused by the global semiconductor shortage, and stagnant performance at subsidiaries based outside major cities due to the impact of the state of emergency, caused revenue to decrease by ¥2.456 billion, or 6.8%, year on year to ¥33.527 billion.」
The decline following the loss of special-demand projects in the previous fiscal year continued to be cited as a factor behind the decline in revenue, alongside new impacts including the semiconductor shortage. - FY2022-Q2RestatedAnnual report
「As a result, although demand in the strategic ICT areas of DX, IoT and cloud services became more active and the order backlog improved during the cumulative second quarter of the current consolidated fiscal year, revenue decreased by ¥2.117 billion, or 8.6%, year on year to ¥22.442 billion due to the decline following the loss of special-demand projects in the previous fiscal year and the fact that ICT investment in some business areas was still recovering.」
The decline following the loss of special-demand projects in the previous fiscal year continues to be cited as a factor behind the decline in revenue. - FY2022-Q1ReframedAnnual report
「Also affected by the decline following the loss of special-demand projects in the previous fiscal year」
The disclosure has shifted from describing the factor as a decline following the reversal of hardware replacement demand to the broader factor of a decline following the loss of special-demand projects in the previous fiscal year. - FY2021DroppedAnnual reportThe current fiscal year’s performance explanation does not separately mention the decline in resold hardware sales following the reversal of hardware replacement demand in the previous fiscal year, instead attributing the change to a decline in equipment sales.
- FY2020RestatedAnnual report
「Although the impact of the decline in resold hardware sales following the reversal of hardware replacement demand in the previous fiscal year remained, revenue increased to ¥51.868 billion, up ¥2.057 billion, or 4.1%, from the previous fiscal year as the growth strategy progressed as planned against a robust market backdrop.」
Although the reversal of hardware replacement demand in the previous fiscal year continued to have an impact, revenue increased for the full fiscal year due to other growth strategies and the market environment. - FY2020-Q3RestatedAnnual report
「In the Service Integration business, although resold hardware sales declined following the reversal of hardware replacement demand in the previous fiscal year, security services, system construction and development support services for the public sector, and migration services performed strongly, resulting in revenue of ¥25.05 billion, up ¥425 million, or 1.7%, year on year.」
Although the decline in resold hardware sales following the reversal of hardware replacement demand in the previous fiscal year continued to be reported, revenue increased in the Service Integration business. - FY2020-Q2RestatedAnnual report
「Due to the decline in resold hardware sales following the reversal of hardware replacement demand in the previous fiscal year, revenue decreased by ¥66 million to ¥25.241 billion, down ¥66 million, or 0.3%, year on year.」
The decline following the reversal of hardware replacement demand in the previous fiscal year remained a factor behind the decline in revenue in the cumulative second quarter, which was down 0.3% year on year. - FY2020-Q1First statedAnnual report
「Due to the decline in resold hardware sales following the reversal of hardware replacement demand in the previous fiscal year, revenue decreased by ¥472 million to ¥12.725 billion, down ¥470 million, or 3.6%, year on year.」
The reversal of hardware replacement demand in the previous fiscal year was identified as a factor behind the decline in revenue in the first quarter of the current fiscal year.