Intensifying Competition Due to Low Barriers to Entry and Technological Advances
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
65 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change regarding the risk of intensified competition due to low barriers to entry, technological advances and new market entrants. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change regarding the risk of intensified competition due to low barriers to entry, technological advances and new market entrants. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change regarding the risk of intensified competition due to low barriers to entry, technological advances and new market entrants. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that, regarding the risk of intensified competition due to low barriers to entry, technological advances and new market entrants, there has been no new occurrence or material change during the current quarter. - FY2018RestatedAnnual report
「However, because the internet-related industry has low barriers to entry and technology is advancing rapidly, the group’s strengths could be eroded by new entrants and the emergence of new technologies and services. This could lead to a contraction in the scale of the group’s core business and intensified price competition.」
It reiterates the risk of intensified competition due to low barriers to entry, technological advances and new market entrants. - FY2017WorsenedAnnual report
「Against the backdrop of this rapid market expansion, major advertising agencies, global consulting firms, system integrators and BPO vendors, among others, are entering the digital marketing market in earnest to an increasing extent.」
In addition to the previously identified risks of new market entrants and technological advances, it explicitly identifies the full-scale entry of major advertising agencies, consulting firms, systems integrators and BPO providers. - FY2016First statedAnnual report
「However, because the internet-related industry has low barriers to entry and technology is advancing rapidly, the group’s strengths could be eroded by new entrants and the emergence of new technologies and services. This could lead to a contraction in the scale of the group’s core business and intensified price competition.」
The company identifies a decline in competitive advantages due to new entrants and the emergence of new technologies and services as a risk.