Delayed response to new payment services
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 35 of 96 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a paradigm shift or other change occurs as a result of the emergence of new payment schemes driven by innovation or similar developments beyond the Company's expectations, this could affect the Company's business performance.」
The risk of changes in market structure resulting from the emergence of new payment schemes has been reconfirmed. - FY2020ReframedAnnual report
「The services provided by the Company are subject to very rapid technological innovation, and the emergence of entirely new payment schemes unlike those used previously could render the Company's services materially obsolete, affecting its business performance.」
The risk of a paradigm shift caused by new payment schemes is also described in terms of the material obsolescence of existing services resulting from technological innovation. - FY2019RestatedAnnual report
「If a paradigm shift or other change occurs as a result of the emergence of new payment schemes driven by innovation or similar developments beyond the Company's expectations, this could affect the Company's business performance.」
The risk of changes in market structure resulting from the emergence of new payment schemes has been reconfirmed. - FY2018RestatedAnnual report
「If entirely new payment schemes or similar services emerge as a result of innovation in the payments market, this could affect the Company's business performance.」
The risk of a paradigm shift resulting from innovation in the payments market or the emergence of new payment schemes has been reconfirmed. - FY2017ReframedAnnual report
「If entirely new payment schemes or similar services emerge as a result of innovation in the payments market, this could affect the Company's business performance.」
The previous issue of delays in responding to new services is expressed as the risk of a paradigm shift resulting from innovation in the payments market or the emergence of entirely new payment schemes. - FY2016First statedAnnual report
「The Company intends to maintain its competitive advantage by rapidly developing and providing new products and services that meet customer needs in the payments services business. However, the emergence of entirely new payment services, or delays in developing and providing new services, could affect the Company's business performance.」
The emergence of new payment services and delays in the Company's own development and provision of services are identified as competitive risks.