Low barriers to entry and intensifying competition in the consulting industry
First written in FY2025. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 1 of 9 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We recognize that this is a business with low barriers to entry because it requires neither licensing or qualification restrictions nor substantial capital investment. Consequently, numerous operators, from major companies to individual businesses, operate in the industry, and competition among industry participants, including new entrants, is expected to intensify further.」
Low barriers to entry and intensifying competition continue to be disclosed as risks, with CxO relationships, JI, and the use of AI and cloud technology identified as responses. - 2026-07-15RestatedRevision of earnings forecasts
「As market competition intensifies and structural changes progress, the challenges faced by corporate managers are becoming increasingly diverse and complex. We believe expectations will continue to rise for consultants equipped with the research and analytical capabilities, planning and execution skills, and ability to use technology needed to resolve these challenges.」
The Company reiterates intensified market competition and structural changes as factors in the business environment. - FY2025First statedAnnual report
「We recognize that this is a business with low barriers to entry because it requires neither licensing or qualification restrictions nor substantial capital investment. Consequently, numerous operators, from major companies to individual businesses, operate in the industry, and competition among industry participants, including new entrants, is expected to intensify further.」
Low barriers to entry and numerous competitors are identified as risk factors. The company is pursuing competitive advantages through relationships with CxOs, JI, and the use of AI and cloud technology.