Dependence on Internet Penetration and Usage Trends
First written in FY2016. 20 of 22 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 16 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company operates an application services business and an internet media business, and considers stable internet access to be a fundamental prerequisite for growth.」
The Company reconfirms that growth in both businesses is predicated on stable internet access and the risks posed by natural disasters and innovative superior alternative services. - FY2026-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on stable internet access. - FY2025RestatedAnnual report
「The Company operates an application services business and an internet media business, and considers stable internet access to be a fundamental prerequisite for growth.」
The Company reconfirms that growth in both businesses is predicated on stable internet access and the risks posed by natural disasters and innovative superior alternative services. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2023RestatedAnnual report
「The Company operates an application services business and an internet media business, and considers stable internet access to be a fundamental prerequisite for growth.」
The Company reconfirms that growth in both businesses is predicated on stable internet access. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2022-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2021RestatedAnnual report
「However, the Company's business and performance could be affected if the internet becomes unavailable due to natural disasters such as earthquakes and other calamities, or if an innovative service emerges that is effectively a superior alternative to the internet.」
The Company reconfirms that stable internet access is a prerequisite for growth, as well as the risks of inaccessibility due to natural disasters and the emergence of superior alternative services. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2020RestatedAnnual report
「The Company operates an application services business and an internet media business, and considers stable internet access to be a fundamental prerequisite for growth. Although internet penetration continues to grow steadily despite generational and income disparities, the Company expects this trend to continue. However, the Company's business and performance could be affected if the internet becomes unavailable due to natural disasters such as earthquakes and other calamities, or if an innovative service emerges that is effectively a superior alternative to the internet.」
The Company reconfirms that stable internet access is a prerequisite for growth, as well as the risks of inaccessibility due to natural disasters and the emergence of superior alternative services. - FY2019RestatedAnnual report
「However, the Company's business and performance could be affected if the internet becomes unavailable due to natural disasters such as earthquakes and other calamities, or if an innovative service emerges that is effectively a superior alternative to the internet.」
The Company reconfirms the risks of internet access becoming unavailable due to natural disasters and of innovative services emerging that are superior alternatives to the internet. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding business or other risks. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2019-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2018WorsenedAnnual report
「However, the Company's business and performance could be affected if the internet becomes unavailable due to natural disasters such as earthquakes and other calamities, or if an innovative service emerges that is effectively a superior alternative to the internet.」
The Company has specified the risk factors associated with dependence on stable internet access, including inaccessibility caused by natural disasters and the emergence of innovative services that are superior alternatives to the internet. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2018-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2017RestatedAnnual report
「However, if internet usage by accommodation facilities declines due to worsening economic conditions or other factors, or if internet users do not continue to increase steadily due to unforeseen factors, this could affect the Company's business and performance.」
The Company reconfirms the risks of declining internet penetration, accommodation-facility usage and user growth, all of which are prerequisites for growth. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company states that there have been no new developments or material changes regarding its dependence on internet penetration and usage trends. - FY2016First statedAnnual report
「The Company operates an application services business and an internet media business, and considers further internet penetration to be a fundamental prerequisite for growth. However, if internet usage by accommodation facilities declines due to worsening economic conditions or other factors, or if internet users do not continue to increase steadily due to unforeseen factors, this could affect the Company's business and performance.」
The Company identifies the expansion of internet penetration and usage as a prerequisite for growth in both businesses.