Intensifying Competition and Changes in Consumer Preferences
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2026.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if competition intensifies, including through new market entrants, competitors launch superior new products, or competitors form strategic alliances, the competitiveness of the company's products could decline. If the company is unable to secure a market advantage, or if product prices fall due to price competition or oversupply, or it is forced to increase advertising and promotion expenses and other costs to acquire users, its business and results of operations could be affected.」
The company continues to disclose competition-related risks arising from intensifying competition, new product launches, price competition, and higher advertising expenses. - FY2023First statedAnnual report
「However, if competition intensifies, including through new market entrants, competitors launch superior new products, or competitors form strategic alliances, the competitiveness of the company's products could decline.」
The company identifies new entrants to the complete-nutrition food market, the launch of competing products, and a decline in competitiveness resulting from alliances as risks.