Risk of development delays as ultra-rapid development projects grow in scale
First written in FY2024. 1 of 4 entries say "Worsened", first in FY2025-H1. Latest entry: FY2026.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In light of delays in some projects during the previous fiscal year, we are strengthening the project management framework and reviewing standardization in the estimation and requirements-definition phases, while working to manage project quality and profitability.」
The company continues to strengthen its management structure and review standardization in response to ultra-rapid development delays in the previous fiscal year. Meanwhile, core system redevelopment projects are progressing, and revenue from ultra-rapid development increased 19.3% year on year. - FY2025MitigatedAnnual report
「The major project whose performance had been adversely affected by the delay was completed in the third quarter of the fiscal year ending March 2025, and performance normalized in the fourth quarter and is moving toward stability.」
The company explained that the major delayed ultra-rapid development project that had adversely affected performance was completed in the third quarter and that performance moved toward normalization in the fourth quarter. Meanwhile, approximately 20 core system renewal projects remain under way. - FY2025-H1WorsenedAnnual report
「Multiple ultra-rapid development projects, including large-scale projects, were under way, and the company continued to focus on addressing a project that had been delayed at the end of the previous fiscal year. As a result, issues involving industry and business understanding became apparent, and some projects had been delayed since the end of the previous fiscal year.」
The response to delays in an ultra-rapid development project that arose at the end of the previous fiscal year continued through the interim period, revealing issues with industry and business understanding. The provision for order losses also increased due to additional anticipated future losses. - FY2024First statedAnnual report
「As project sizes expanded, issues involving business understanding and quality assurance became apparent, resulting in delays in some development projects.」
The issues involving business understanding and quality assurance arising from the expansion of ultra-rapid development projects, as well as delays in some projects, are identified as new risks.