Risk of Intensifying Competition Among Peers and In-House Ownership
First written in FY2016. 19 of 21 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 30 of 91 companies on the "Worse" side.
123 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2023RestatedAnnual report
「The wholesale rental and distribution of welfare equipment, the Group's core businesses, require management resources and expertise, including the bulk purchase of rental products and the establishment of a maintenance service structure. Accordingly, we recognize that large-scale new entrants seeking nationwide expansion would face significant barriers to entry. However, if the Group is unable to differentiate itself sufficiently following the entry of major companies, impacts on the Group's competitive advantage, price competition and earnings are foreseeable.」
The company continues to view the entry of major companies as a risk to competition, prices and earnings, while maintaining that nationwide expansion requires a certain level of management resources and expertise. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the third quarter, there were no new business or other risks, or significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2021RestatedAnnual report
「The Group's nursing care businesses, including the wholesale rental of welfare equipment, are seeing increasingly active efforts by companies from a variety of industries and business formats seeking to enter the market, which is viewed as a promising growth industry in Japan's super-aged society.」
Market entry from a variety of industries and business formats, particularly by major companies, continues to be identified as a risk to competition, prices and earnings. - FY2021-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2020ReframedAnnual report
「The Group's nursing care businesses, including the wholesale rental of welfare equipment, are seeing increasingly active efforts by companies from a variety of industries and business formats seeking to enter the market, which is viewed as a promising growth industry in Japan's super-aged society.」
The description has shifted from competition among existing industry peers, new entrants and customers owning products in-house to a focus on market entry by companies from a variety of industries and business formats, including major companies. - FY2020-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2019RestatedAnnual report
「Competition for market share among established industry peers may intensify, or new entrants may emerge in some regions, resulting in intensified competition locally. In some regions, businesses that have previously used rental wholesalers may purchase and own rental products in-house, expecting further earnings as their operations stabilize, which may reduce their use of rental wholesalers locally.」
The company continues to describe existing competitors, new entrants and customers owning products in-house as competitive risks. - FY2019-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2019-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers, new entrants and customers owning products in-house. - FY2018RestatedAnnual report
「However, competition for market share among established industry peers may intensify, or new entrants may emerge in some regions, resulting in intensified competition locally. In some regions, businesses that have previously used rental wholesalers may purchase and own rental products in-house, expecting further earnings as their operations stabilize, which may reduce their use of rental wholesalers locally.」
The company continues to describe existing competitors, new entrants and customers owning rental products in-house as competitive risks. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers and customers owning products in-house. - FY2017RestatedAnnual report
「However, competition for market share among established industry peers may intensify, or new entrants may emerge in some regions, resulting in intensified competition locally. In some regions, businesses that have previously used rental wholesalers may purchase and own rental products in-house, expecting further earnings as their operations stabilize, which may reduce their use of rental wholesalers locally.」
The company continues to describe existing competitors, new entrants and customers owning products in-house as competitive risks. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers and customers owning products in-house. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers and customers owning products in-house. - FY2017-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
No material changes have been identified regarding the risks of intensifying competition among industry peers and customers owning products in-house. - FY2016First statedAnnual report
「Competition for market share among established industry peers may intensify, or new entrants may emerge in some regions, resulting in intensified competition locally. In some regions, businesses that have previously used rental wholesalers may purchase and own rental products in-house, expecting further earnings as their operations stabilize, which may reduce their use of rental wholesalers locally.」
Existing competitors, new entrants and customers owning rental products in-house are identified as competitive risks.