“Japan’s GDP will be Lost 12 Trillion Yen Per Year”

The company estimates that Japan’s GDP domestic product will be lost by 12 trillion yen annually, in seven years, if the company does not renew the old computer system, for example, productivity declines. The Ministry of Economy, Trade and Industry is asking companies to reform their systems.

According to the Ministry of Economy, Trade and Industry, there are many cases where large enterprises are not able to respond fully because the work of reforming the computer system on a regular basis is costly and there are concerns about system failure.

About this influence The Ministry of Economy, Trade and Industry examined at the meeting which gathered experts and summarized the report so recently.

According to it, unless the system is renovated for a long time, support of the foundation software is terminated, human resources familiar with the old system are reduced, and troubles are likely to occur.

And, there is adverse effect such as lowering productivity by not utilizing the latest technology, estimated that Japan’s GDP will be lost 12 trillion yen per year in 2025 after 7 years.

For this reason, the Ministry of Economy, Trade and Industry will ask the company to formulate guidelines for enterprises during the current fiscal year to reform the system and decide to adjust the system so that national institutions will check the system.