Declining competitiveness due to rapid technological innovation and substitute technologies
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
105 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if unexpectedly rapid technological innovation, substitute technologies or the emergence of general-purpose competing products prevent the Company's services from maintaining sufficient competitiveness or value added, the Company's business and financial results could be affected by a decline in new orders and contract renewal rates.」
The Company continues to disclose the risk of reduced competitiveness from rapid innovation and substitute technologies. - FY2025RestatedAnnual report
「However, if unexpectedly rapid technological innovation, substitute technologies or the emergence of general-purpose competing products prevent the Company's services from maintaining sufficient competitiveness or value added, the Company's business and financial results could be affected by a decline in new orders and contract renewal rates.」
The Company continues to disclose the risk of reduced competitiveness from rapid innovation and substitute technologies. - FY2024First statedAnnual report
「However, if unexpectedly rapid technological innovation, substitute technologies or the emergence of general-purpose competing products prevent the Company's services from maintaining sufficient competitiveness or value added, the Company's business and financial results could be affected by a decline in new orders and contract renewal rates.」
The Company plans to respond by combining open and proprietary technologies and monitoring market trends.