Intensifying competition due to low barriers to entry
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 29 of 91 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The group believes it has an advantage over new entrants in areas such as recruiting and training personnel and developing its network of partner companies.」
While disclosing the risk of competition due to low barriers to entry, the company identifies recruitment, training and its network of partner companies as advantages over new entrants. - FY2019RestatedAnnual report
「Barriers to entry in the construction services industry are low, as even sole proprietors can readily start a business once they acquire the necessary skills.」
The company reiterates the risks of low barriers to entry and intensifying competition due to new entrants. - FY2018First statedAnnual report
「Barriers to entry in the construction services industry are low, as even sole proprietors can readily start a business once they acquire the necessary skills. If competition intensifies due to an increase in new entrants in the future」
The company identifies as risks the industry structure, which allows sole proprietors to enter relatively easily, and the possibility of intensifying competition due to new entrants.