Sluggish Corporate Demand for ICT Investment
First written in FY2017-Q1. 19 of 36 entries say "Restated". Latest entry: 2026-08-07.
The whole theme swung hardest in 2020: 6 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「IT investment appetite remained resilient.」
Investment demand for generative AI, digital transformation, legacy-system renewal, cloud migration, and information security measures was described as high and resilient. - FY2026MitigatedAnnual report
「IT investment demand remained generally robust.」
In contrast to the previous sluggish demand growth accompanied by cautious investment decisions, IT investment demand was reported as generally robust, driven by AI and DX, modernization, cloud services, information security, and upgrade demand associated with the end of support for Windows 10. - FY2026-H1MitigatedAnnual report
「In the IT services industry, expectations and demand for digital transformation (DX) aimed at creating new value for companies and strengthening business competitiveness are expanding at high levels. Alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), IT investment demand remained firm, supported by demand for system modernization, investment in cloud services and information security measures, and demand for client-environment upgrades associated with the end of support for Windows 10.」
DX demand was expanding at high levels, supplemented by demand for modernization, cloud services, information security and upgrades associated with the end of support for Windows 10. The risk of sluggish demand growth accompanied by the previous caution in investment decisions was shown as having eased. - FY2025MitigatedAnnual report
「In the IT services industry, expectations and demand for digital transformation (DX) aimed at creating new value for companies and strengthening competitiveness have expanded, and IT investment demand for system upgrades, cloud services and information security measures remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
In contrast to the previous caution in investment decisions, it was reported that DX demand had expanded and that IT investment demand, including system upgrades, cloud services and information security measures, remained firm. - FY2025-H1Demand remains firm, while cautious investment decisions continueAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at creating new value for companies and strengthening competitiveness have continued, and demand for system upgrades, cloud services and security measures has remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
While demand for DX, system upgrades, cloud services and security measures remained firm, companies continued to be cautious in making investment decisions. The situation in which the risk had declined due to the firmness of demand in the previous period while a cautious stance persisted also continued. - FY2024MitigatedAnnual report
「ICT investment demand remained firm.」
In contrast to the previously reported sluggish demand growth accompanied by cautious investment decisions, it was reported that IT investment demand, including system upgrades, cloud services and security measures, remained firm. - FY2024-Q3MitigatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at improving corporate productivity and operational efficiency have continued, and demand for system upgrades, cloud services and security measures remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
It was reported that demand for DX, system upgrades, cloud services and security measures remained firm, indicating that the risk of sluggish demand growth associated with the previous caution in investment decisions had eased. - FY2024-Q1RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at improving corporate productivity and operational efficiency have continued, and demand for system upgrades, cloud services and security measures has remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
The firmness of demand for DX, system upgrades, cloud services and security measures, along with companies' cautious investment decisions, continues to be reported. - FY2023RestatedAnnual report
「Demand for system upgrades aimed at improving corporate productivity and operational efficiency, as well as demand for cloud services and security measures, remained firm, but companies continued to carefully select investment plans aimed at achieving results when making ICT investment decisions amid uncertain business conditions.」
While demand for DX, system upgrades, cloud services and security remained firm, companies continued to take a cautious stance by carefully selecting investment plans. - FY2023-Q3RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at achieving the "new normal" were growing, and demand for system upgrades aimed at improving corporate productivity and operational efficiency, as well as demand for cloud services and security measures, remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
The firmness of demand for DX, system upgrades, cloud services and security measures, along with companies' cautious investment decisions, continues to be reported from the previous quarter. - FY2023-Q2RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at achieving the "new normal" were growing, and demand for system upgrades aimed at improving corporate productivity and operational efficiency, as well as demand for cloud services and security measures, remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
The firmness of demand for DX, system upgrades, cloud services and security measures, along with companies' cautious investment decisions, continues to be reported. - FY2023-Q1RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at achieving the "new normal" were growing, and demand for system upgrades aimed at improving corporate productivity and operational efficiency, as well as demand for cloud services and security measures, remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
The firmness of demand for DX, system upgrades, cloud services and security measures, along with companies' cautious investment decisions, continues to be reported. - FY2022-Q3RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at achieving the new normal were growing, and demand for system upgrades aimed at improving corporate productivity and operational efficiency, as well as demand for cloud services and security measures, remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
The firmness of demand for DX, system upgrades, cloud services and security measures, along with companies' cautious investment decisions, continues to be reported from the previous quarter. - FY2022-Q2RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at achieving the new normal were growing, and demand for system upgrades aimed at improving corporate productivity and operational efficiency, as well as demand for cloud services and security measures, remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
While demand for DX, system upgrades, cloud services and security measures remained firm, companies continued to be cautious in making investment decisions. - FY2022-Q1RestatedAnnual report
「In the ICT industry, expectations and demand for digital transformation (DX) aimed at achieving the new normal were growing, and demand for system upgrades aimed at improving corporate productivity and operational efficiency remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), but companies continued to be cautious in making investment decisions amid uncertain business conditions.」
While expectations and demand for DX and the firmness of demand for system upgrades continued, companies also continued to be cautious in making investment decisions amid uncertain business conditions. - FY2021-Q3RestatedAnnual report
「While expectations and demand for digital transformation (DX) were growing and demand for system upgrades aimed at improving corporate productivity and operational efficiency remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), companies became more cautious in making investment decisions amid uncertain business conditions.」
As in the previous quarter, it was reported that while expectations for DX and demand for system upgrades remained firm, companies had become more cautious in making investment decisions against a backdrop of uncertain business conditions. - FY2021-Q2RestatedAnnual report
「While expectations and demand for digital transformation (DX) were growing and demand for system upgrades aimed at improving corporate productivity and operational efficiency remained firm alongside advances in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI), companies became more cautious in making investment decisions amid uncertain business conditions.」
It was reported that while expectations and demand for DX and the firmness of demand for system upgrades continued, companies became more cautious in making investment decisions against a backdrop of uncertain business conditions. - FY2021-Q1Expansion in upgrade demand coexisting with more cautious investment decisionsAnnual report
「Although demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices and the "new lifestyle," continued to expand alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI), companies showed caution in investment decisions amid uncertain business conditions.」
While the expansionary trend in demand for system upgrades was maintained, it was reported that companies were cautious in making investment decisions amid an uncertain outlook due to the novel coronavirus pandemic and other factors. - FY2020RestatedAnnual report
「Demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, remained generally firm alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
Demand for corporate system upgrades continues to be reported as firm, driven by IoT, AI and initiatives to reform work practices. - FY2020-Q3RestatedAnnual report
「In the ICT industry, demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, has continued to expand alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
The expansionary trend in demand for system upgrades driven by IoT, AI and initiatives to reform work practices continues to be reported. - FY2020-Q2RestatedAnnual report
「In the ICT industry, demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, has continued to expand alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
The expansionary trend in demand for system upgrades driven by IoT, AI and initiatives to reform work practices continues to be reported. - FY2020-Q1RestatedAnnual report
「In the ICT industry, demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, has continued to expand alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
The expansionary trend in demand for system upgrades driven by advances in IoT and AI and initiatives to reform work practices continues to be reported. - FY2019MitigatedAnnual report
「In the market for mid-sized and small companies, ICT investment had previously continued to be restrained or postponed amid difficult operating conditions, but as business sentiment improved, ICT investment aimed at improving and streamlining operations, represented by initiatives to reform work practices, and enhancing customer service has begun to recover.」
The assessment changed from the previous trend of restrained and postponed ICT investment to an assessment that ICT investment was beginning to recover against a backdrop of improving business sentiment. - FY2019-Q3RestatedAnnual report
「Alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI), demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, has continued to expand.」
The expansionary trend in demand for system upgrades driven by advances in IoT and AI and initiatives to reform work practices continues to be reported from the previous quarter. - FY2019-Q2RestatedAnnual report
「In the ICT industry, demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, has continued to expand alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
The expansionary trend in demand for system upgrades noted in the previous quarter continues to be reported, with IoT, AI and initiatives to reform work practices cited as background factors. - FY2019-Q1MitigatedAnnual report
「In the ICT industry, demand for system upgrades aimed at improving corporate productivity and operational efficiency, against a backdrop including initiatives to reform work practices, has been on an expansionary trend alongside advances in technologies such as the Internet of Things (IoT) and artificial intelligence (AI).」
The assessment of corporate ICT investment demand changed from the previous description that demand had yet to recover in earnest to an assessment that demand for system upgrades was on an expansionary trend, driven by IoT, AI and initiatives to reform work practices. Meanwhile, the company had few business opportunities comparable in size to those in the same period of the previous year, and sales declined. - FY2018RestatedAnnual report
「Global ICT demand remains strong, driven by growing appetite for strategic investment, including the development and enhancement of ICT infrastructure, expanding demand for solutions and services, and advances in digital technologies, but demand has yet to recover in earnest, partly because companies currently have a strong preference for rationalization and labor-saving investment against a backdrop of labor shortages.」
While appetite for strategic investment, demand for solutions and services, and expectations for digital technologies have continued, rationalization and labor-saving investment have been prioritized against a backdrop of labor shortages, and demand has yet to recover in earnest. - FY2018-Q3Investment appetite driven by expectations for cloud and data center demand and labor shortagesAnnual report
「ICT investment demand remained strong globally, supported by growing appetite for strategic investment, including the development and enhancement of IT infrastructure, and rising data center demand accompanying the shift to cloud services. Advances in digitalization, including the Internet of Things (IoT), artificial intelligence (AI), big data, robotics and automotive applications, are also expected, but companies currently have a strong preference for rationalization and labor-saving investment against a backdrop of labor shortages, and demand has yet to expand in earnest.」
While data center demand accompanying the shift to cloud services and expectations for digitalization have taken more concrete shape, companies have a strong preference for rationalization and labor-saving investment against a backdrop of labor shortages, and ICT investment demand has yet to expand in earnest. - FY2018-Q2RestatedAnnual report
「In addition to growing appetite for strategic investment, including the development and enhancement of IT infrastructure, advances in digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), big data and robotics are expected to help address issues facing companies and society by enabling substantial improvements in business processes, but demand has yet to expand in earnest.」
Appetite for strategic investment and expectations for digital technologies have continued, but ICT investment demand has yet to expand in earnest. - FY2018-Q1Investment appetite increased, but demand has yet to expand in earnest.Annual report
「In addition to growing appetite for strategic investment, including the development and enhancement of IT infrastructure, advances in digitalization have brought technologies such as the Internet of Things (IoT) and artificial intelligence (AI) into the spotlight, driving various transformations in companies and society, but demand has yet to expand in earnest.」
While appetite for IT infrastructure investment and attention to IoT and AI increased, ICT investment demand has yet to expand in earnest. - FY2017SoftenedAnnual report
「ICT investment remained firm, supported by strategic investment in developing and enhancing IT infrastructure, but companies continued to take a cautious stance over the outlook amid volatile foreign exchange rates and share prices, uncertainty over policy management by the new US administration, and uncertainty surrounding overseas conditions, including the Middle East and East Asia.」
Demand improved from "weakening" to "remaining firm," supported by strategic investment in IT infrastructure, although companies continued to take a cautious stance. - FY2017-Q3RestatedAnnual report
「Although expectations for the government's large-scale economic stimulus package are providing support, companies have generally maintained a cautious stance on ICT investment amid volatile foreign exchange rates and share prices, uncertainty over policy management following the change in the US administration, and uncertainty surrounding overseas conditions.」
While expectations for the government's economic measures are providing support, companies have generally remained cautious about ICT investment. - FY2017-Q2WorsenedAnnual report
「While expectations for the government's large-scale economic measures provided support, corporate ICT investment remained weak and a cautious stance continued amid increasing uncertainty in overseas conditions, including unstable foreign exchange rates and share prices, political instability in Europe, the Middle East and East Asia, and the US presidential election.」
In addition to the continuation of the previous cautious stance, ICT investment demand was described as weakening and continues to be cited as a factor behind the decline in sales. - FY2017-Q1First statedAnnual report
「Corporate ICT investment has remained cautious amid increasing uncertainty, including unstable foreign exchange rates and share prices, political instability in Europe and the Middle East and elsewhere, and uncertainty surrounding overseas conditions, including the US presidential election.」
A cautious stance toward ICT investment continued and was identified as a factor behind the decline in sales during the quarter.