Decline in revenue from existing services associated with cloud migration
First written in FY2016-Q3. 6 of 13 entries say "Mitigated", first in FY2017. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2025: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2024-Q2MitigatedAnnual report
「③ Consulting services revenue increased 3.3% year on year. This was due to an increase in the number of implementation support services provided following new orders for FX4 Cloud, a financial accounting system for mid-sized companies.」
Implementation support services associated with new FX4 Cloud orders became a source of revenue growth, offsetting the risk of declining legacy service revenue as cloud adoption expanded. - FY2019-Q3MitigatedAnnual report
「Consulting services revenue declined 3.7% year on year. This was due to a decrease in implementation support fees and hardware maintenance revenue related to client/server systems, as the number of users of FX4 Cloud, OMS Cloud and other products increased.」
Revenue from legacy services continued to decline as cloud adoption expanded, but the decline narrowed to 3.7% from 4.0% previously. - FY2019-Q2MitigatedAnnual report
「③ Consulting services revenue declined 4.0% year on year. This was due to a decrease in implementation support fees and hardware maintenance revenue related to client/server systems, as the number of users of FX4 Cloud, OMS Cloud and other products increased.」
Revenue from legacy services continued to decline as customers migrated to the cloud, but the decline narrowed to 4.0% from the previously reported 6.3% year-on-year decrease. - FY2019-Q1MitigatedAnnual report
「Consulting services revenue declined 6.3% year on year. This was due to a decrease in implementation support fees and hardware maintenance revenue related to client/server systems, as the number of users of FX4 Cloud and other products increased.」
Revenue from legacy systems continued to decline as cloud adoption expanded, but the decline narrowed to 6.3% from 15.2% previously. - FY2018WorsenedAnnual report
「④ Consulting services revenue decreased 11.9% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client/server systems, as the number of users of FX4 Cloud and other services increased. ⑤ Hardware sales decreased 7.2% year on year. This was due to lower demand for servers and other hardware as migration to cloud services accelerated.」
Consulting services revenue decreased 11.9% year on year due to the migration to the cloud, while hardware sales decreased 7.2%. - FY2018-Q3WorsenedAnnual report
「④ Consulting services revenue decreased 15.2% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client/server systems, as the number of users of FX4 Cloud and other services increased. ⑤ Hardware sales decreased 9.5% year on year. This was due to lower demand for servers and other hardware as migration to cloud services accelerated.」
The decline in consulting services revenue due to the migration to the cloud widened from a 13.7% year-on-year decrease in the previous period to 15.2%, while hardware sales also decreased 9.5%. - FY2018-Q2MitigatedAnnual report
「“Consulting services revenue” decreased 13.7% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client/server systems, as the number of users of FX4 Cloud and other services increased.」
The decline in revenue related to conventional systems continued as a result of the migration to the cloud, but narrowed from the previously reported 15.6% year-on-year decrease to 13.7%. - FY2018-Q1WorsenedAnnual report
「Consulting services revenue decreased 15.6% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client/server systems, as the number of users of FX4 Cloud and other services increased.」
As a result of the migration to the cloud, the decline in revenue from conventional services widened from 7.2% year on year for the full fiscal year to 15.6% in the first quarter. Hardware sales also decreased 7.4% year on year. - FY2017MitigatedAnnual report
「Consulting services revenue decreased 7.2% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client/server systems, as the number of users of FX4 Cloud and other services increased.」
The decline in revenue related to conventional systems continued as cloud usage expanded, but narrowed from a 10.1% year-on-year decrease in the previous period to 7.2%. - FY2017-Q3WorsenedAnnual report
「Consulting services revenue decreased 10.7% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client-server systems, as the number of users of FX4 Cloud and other services increased.」
As cloud usage expanded, the decline in revenue related to conventional systems widened from the previous 9.2% year-on-year decrease to 10.7%. - FY2017-Q2RestatedAnnual report
「Consulting services revenue decreased 9.2% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client/server systems, as the number of users of FX4 Cloud and other services increased.」
The company continues to show a structural decline in implementation support fee and hardware maintenance fee revenue related to conventional systems as cloud usage expands. - FY2016WorsenedAnnual report
「Consulting services revenue decreased 10.1% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client-server systems, as the number of users of FX4 Cloud and other services increased.」
As cloud usage expanded, the decline in revenue related to conventional systems widened from 8.3% year on year in the previous period to 10.1% for the full fiscal year. - FY2016-Q3First statedAnnual report
「Consulting services revenue decreased 8.3% year on year. This was due to a decline in revenue from implementation support fees and hardware maintenance fees related to client-server systems, as the number of users of FX4 Cloud and other services increased.」
The increased use of cloud services is explicitly identified as a factor behind the decline in some revenue related to conventional systems.