Intensifying competition and higher quality-related costs due to new entrants and expansion by competitors
First written in FY2017. 5 of 6 entries say "Restated". Latest entry: FY2024.
5 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「New entrants and expansion by industry peers are expected to accelerate further.」
The company continues to identify the risk of intensifying competition due to new entrants and expansion by industry peers, and the risk of higher costs to improve quality. - FY2022RestatedAnnual report
「New entrants and expansion by industry peers are expected to accelerate further.」
The company continues to identify the risk of intensifying competition due to new entrants and expansion by industry peers, and higher costs to improve quality. - FY2021RestatedAnnual report
「The company faces many challenges, including intensifying competition following new entry from other industries and a shortage of people to provide nursing care due to a declining working-age population, and expects the challenging operating environment to continue.」
The company continues to identify intensifying competition from new entrants from other industries and a shortage of people to provide nursing care as factors contributing to the challenging operating environment. - FY2019RestatedAnnual report
「New entrants from other industries and expansion by industry peers are expected to accelerate further.」
The company continues to identify intensifying competition due to new entrants from other industries and expansion by industry peers, and the risk of higher costs to improve quality. - FY2018RestatedAnnual report
「New entrants from other industries and expansion by industry peers are expected to accelerate further.」
The company continues to identify intensifying competition due to new entrants from other industries and expansion by industry peers, and the risk of higher costs to improve quality. - FY2017First statedAnnual report
「New entrants from other industries and expansion by existing competitors are expected to accelerate further. We are expanding our service offerings and working to improve service quality to attract new users and encourage long-term use, but if competition in our operating regions intensified beyond expectations because of new entrants or other factors, or if the cost of improving quality increased」
For the first time, explicitly identifies new entrants from other industries, expansion by competitors, intensifying competition and higher quality-related costs as risks against a backdrop of an aging population and rising user numbers.