Decline following one-off demand for system changes related to the end of OS support
First written in FY2021-Q2. 2 of 3 entries say "Restated". Latest entry: FY2021.
1 other company's latest entry also says "Restated".
- FY2021RestatedAnnual report
「Although the surveying business experienced a decline following the system change demand in the previous fiscal year, revenue increased year on year due to higher sales of point-cloud processing software, a key product of the construction infrastructure business, following the approval of applications for IT introduction subsidies and the spread of i-Construction, which aims to improve productivity at construction sites.」
While the decline following the one-off system change demand associated with the end of OS support and other factors in the previous fiscal year continued, the surveying and civil engineering CAD business posted higher full-year revenue due to increased sales of point-cloud processing software. - FY2021-Q3RestatedAnnual report
「During the third-quarter consolidated cumulative period, although the surveying business experienced a reactionary decline from the previous fiscal year's demand for system changes, revenue increased year on year due to higher sales of point-cloud processing software, a core product of the construction infrastructure business, supported by approvals under the IT Introduction Subsidy and the spread of i-Construction to improve productivity at construction sites.」
Although the decline following the one-off system change demand in the previous fiscal year associated with the end of OS support and other factors continued, the surveying and civil engineering CAD business posted higher revenue year on year due to increased sales of point-cloud processing software. - FY2021-Q2First statedAnnual report
「In the cumulative second quarter of the previous fiscal year, the surveying business benefited from one-off demand for system changes associated with the end of OS support. In the cumulative second quarter of the current fiscal year, sales of the major surveying CAD software products declined as that demand fell away.」
This is the first disclosure that the one-off system change demand associated with the end of OS support in the previous fiscal year fell away, resulting in lower sales of the major surveying CAD software products in the current fiscal year.