Entry by Competitors and Intensifying Competition
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
121 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company stated that there were no material changes relating to the risk of new competitors entering the market or competition intensifying. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company expressly stated that there were no material changes to the major risks or to the “Business and Other Risks” described in the previous fiscal year’s securities report. - FY2024First statedAnnual report
「Some of these competitors possess greater capital, technological and sales resources, as well as larger customer bases, than we do.」
The company identifies new entrants to the legal-tech market and intensified competition from companies with greater capital, technological and sales resources as risks.