Decline in IT investment and large-scale projects
First written in FY2016. 10 of 21 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
JBCC Holdings moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Corporate IT budgets are continuing to trend upward, and investment in products and services in AI-related areas, including generative AI, is expected to accelerate in addition to further promotion of DX.」
Against the risk of declining IT investment and large-scale projects, the company cites upward-trending corporate IT budgets and accelerating DX and AI investment as factors indicating an improvement in demand conditions. - FY2025-H1MitigatedAnnual report
「The company secured a stable volume of orders for large-scale modernization projects resulting from major manufacturers withdrawing from the general-purpose computer market, including conventional development projects, thereby narrowing the overall decline in the SI business. Hardware upgrades associated with customers' system renewals also overlapped, increasing net sales.」
Stable acquisition of large-scale modernization projects resulting from the withdrawal from the general-purpose computer market, together with hardware upgrades associated with customer system renewals, helped narrow the decline in the overall SI business and increase revenue. - FY2024-Q2MitigatedAnnual report
「The domestic IT services market is expected to remain firm.」
The company expects the domestic IT services market to remain firm and explains that large-scale modernization projects also supported revenue growth. Improvement in demand conditions is cited as a mitigating factor for the risk of declining IT investment and large-scale projects. - FY2024-Q1MitigatedAnnual report
「The increase in revenue was attributable to steady growth in the cloud and security recurring-revenue businesses, as well as large-scale modernization projects resulting from major manufacturers withdrawing from the general-purpose computer market.」
The company explains that recurring demand for cloud and security and large-scale modernization projects contributed to higher revenue, providing mitigating factors for the risk of declining IT investment and large-scale projects. It also states that hardware and software sales are trending downward over the medium to long term. - FY2023MitigatedAnnual report
「With signs that the prolonged COVID-19 pandemic is beginning to subside, companies' appetite for IT investment is strengthening further.」
The company discloses signs of the COVID-19 pandemic and cautious IT investment stance subsiding, together with stronger corporate appetite for IT investment, indicating an improvement in demand conditions. quantified is false, materialized is false. - FY2023-Q1MitigatedAnnual report
「In this environment, the Group strongly promoted proposal activities to resolve management issues and help customer companies achieve digital transformation (DX). In particular, it is developing its business around high-value-added solutions in its focus areas, including ultra-fast development, meaning system development using new methods such as agile and cloud-native development, as well as cloud, security and cloud integration platforms.」
The company captured demand for DX, ultra-fast development, cloud and security, and net sales turned to year-on-year growth in the current quarter. Meanwhile, system sales declined as customers shifted to cloud usage, indicating that changes in the demand structure are continuing. - FY2021MaterialisedAnnual report
「For the current consolidated fiscal year, net sales were ¥60,042 million, down 8.5% year on year, operating income was ¥2,603 million, down 24.8%, ordinary income was ¥2,726 million, down 24.4%, and net income attributable to owners of the parent was ¥1,931 million, down 1.0%.」
The end of special demand, including Windows 10 upgrades and IBM server upgrades, and the impact of the COVID-19 pandemic caused net sales, operating income and ordinary income to decline year on year, with fluctuations in demand reflected in business performance. - FY2021-Q1MaterialisedAnnual report
「The production management system "R-PiCS" has been affected by manufacturing customers reviewing project start dates and freezing investment budgets due to the spread of COVID-19.」
The company states that manufacturing customers actually reviewed project start dates and froze investment budgets due to the spread of COVID-19. - FY2020-Q3RestatedAnnual report
「The IT services market remains favorable, against a backdrop of progress in digital transformation to enhance companies' competitive advantage, efforts to improve productivity through work-style reform and other initiatives, growing cybersecurity awareness in response to new threats, and companies' strong appetite for IT investment.」
The company explains that appetite for IT investment and favorable market conditions have continued, supported by digital transformation, work-style reform, productivity improvements and growing cybersecurity awareness. - FY2020-Q2RestatedAnnual report
「The IT services market also remains favorable, against a backdrop of companies' strong appetite for IT investment, driven by progress in digital transformation to enhance their competitive advantage, efforts to improve productivity through work-style reform and other initiatives, growing security awareness in response to new threats, and preparations for the change in the consumption tax rate.」
The company explains that companies' appetite for IT investment and favorable market conditions have continued, supported by digital transformation, work-style reform, productivity improvements, cybersecurity measures and preparations for the change in the consumption tax rate. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, from 1 April 2019 to 30 June 2019, the IT services market remained favorable, as in the previous fiscal year, against a backdrop of companies' strong appetite for IT investment, driven by progress in digital transformation to enhance their competitive advantage, efforts to improve productivity through work-style reform and other initiatives, and growing security awareness in response to new threats.」
The company explains that companies' strong appetite for IT investment and favorable market conditions continued from the previous fiscal year, supported by digital transformation, work-style reform, productivity improvements and growing security awareness. - FY2019-Q2RestatedAnnual report
「The same trend is also spreading among our main customers, mid-sized companies.」
The company continues to explain that the trend toward creating new business models using cloud, IoT and AI and the upward trend in IT investment are spreading to mid-sized companies. - FY2019-Q1MitigatedAnnual report
「In addition to companies updating their existing systems, efforts to create new business models using cloud, IoT (Internet of Things) and AI (artificial intelligence) are progressing further to enhance competitiveness, and IT investment is trending upward.」
The creation of new business models using cloud, IoT and AI is progressing, and the company explains that IT investment is trending upward, indicating an improvement in demand-side conditions. Meanwhile, demand for impact printers is trending downward. - FY2018-Q3WorsenedAnnual report
「Sales in system development declined partly because there were fewer large-scale projects than in the same period of the previous year.」
Although overall IT investment is growing moderately, sales in system development continue to decline due to fewer large-scale projects, while the product development and manufacturing segment also continues to experience a downward sales trend due to shrinking demand for impact printers. - FY2018-Q2MitigatedAnnual report
「The IT services market is seeing more active consideration of new uses of IT, including IoT (Internet of Things) and AI (artificial intelligence), in addition to updates to existing systems, and IT investment is growing. Signs of this trend are also evident among our main customers, mid-sized companies.」
The company explains that consideration of IoT and AI applications in addition to existing system updates has become more active and that IT investment is growing, further indicating an improvement in demand conditions. - FY2018-Q1MitigatedAnnual report
「In addition to updating existing systems, companies are considering new uses of IT, including IoT (Internet of Things) and AI (artificial intelligence), and signs of new IT adoption are also emerging among our main customers, mid-sized companies.」
The company discloses signs of new IT adoption among mid-sized companies, indicating an improvement in demand conditions compared with the previously cautious IT investment environment. However, it also discloses a decline in the PC and network equipment business in the information solutions segment. - FY2017MitigatedAnnual report
「IT investment by our main customers, mid-sized companies, is also showing gradual signs of improvement.」
The company explains that the cautious demand environment for IT investment by mid-sized companies, which had continued from the previous fiscal year, is showing signs of improvement, indicating easing demand-side risks. However, it also discloses lower revenue in each business segment due to a decrease in large-scale projects and other factors. - FY2017-Q3MaterialisedAnnual report
「In the product development and manufacturing segment, the impact printer business, the Company's main product, declined due to a decrease in orders for large-scale projects and other factors. In the JB Software sales business conducted through Group companies, efforts to migrate to the cloud progressed as packaged product sales declined, but the business declined overall. As a result, net sales were ¥1,742 million, down 23.0% year on year.」
The decline in orders for large-scale projects and the drop in product demand materialized as lower sales in the product development and manufacturing segment, which fell 23.0% year on year. - FY2017-Q2MaterialisedAnnual report
「In the product development and manufacturing segment, business declined broadly, primarily in the impact printer business, the Company's main product, and the JB Software sales business conducted through Group companies, due to a decrease in large-scale projects and sluggish orders. As a result, net sales were ¥1,157 million, down 27.3% year on year.」
The decline in large-scale projects and sluggish orders materialized as lower sales in the product development and manufacturing segment, which fell 27.3% year on year. - FY2017-Q1RestatedAnnual report
「Our main customers, mid-sized companies, continue to take a cautious approach.」
The company states that mid-sized companies continue to take a cautious approach to IT investment, reaffirming demand-side risks that have continued from the previous fiscal year. - FY2016MaterialisedAnnual report
「The trend remained downward in the second half.」
The company discloses a decline in corporate IT investment in the second half, a decrease in large-scale projects, and a decline in its traditional systems business accompanying cloud growth. Consolidated net sales decreased 6.3% year on year.