Obsolescence of Services and Technology
First written in FY2016. 7 of 9 entries say "Restated". Latest entry: FY2025.
Netyear Group moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 37 of 98 companies on the "Worse" side.
21 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「In particular, recent advances in generative AI could transform society and the way we live. Although we are focusing on acquiring knowledge and know-how related to new technologies, if an innovative technology that we did not anticipate is developed and we are slow to respond, the competitiveness of the services we provide could decline, potentially having a significant effect on our business development and performance.」
The discussion of the risk of technological innovation and service obsolescence was expanded to specifically address rapid advances in generative AI and the potential decline in competitiveness resulting from delays in responding to unexpected innovative technologies. - FY2024RestatedAnnual report
「Technological innovation and changes in customer needs in this field are occurring extremely rapidly, competition in technological development is exceptionally intense, and new services are being launched one after another in the market.」
The risk that service competitiveness could decline if we fail to keep pace with rapid technological innovation and changes in customer needs was reaffirmed. - FY2023RestatedAnnual report
「We operate our business based on internet-related technologies, but technological innovation in this field and changes in customer needs are occurring extremely rapidly. Technological development competition is exceptionally intense, and new services are being launched one after another.」
The risk that service competitiveness could decline if we fail to keep pace with rapid technological innovation and changes in customer needs was reaffirmed. - FY2022RestatedAnnual report
「In addition, because our business is not protected by patents or other means, the technologies and know-how we hold could become obsolete, potentially reducing our competitiveness in the market.」
The risk of declining competitiveness due to the absence of patent or other protection and the obsolescence of technologies and know-how was reaffirmed. - FY2021RestatedAnnual report
「Because the Group's business is not protected by patents or other means, the technologies and know-how it holds could become obsolete, potentially reducing its competitiveness in the market.」
The risk of declining competitiveness due to the absence of patent or other protection and the obsolescence of technologies and know-how was reaffirmed. - FY2020RestatedAnnual report
「Because the Group's business is not protected by patents or other means, the technologies and know-how it holds could become obsolete, potentially reducing its competitiveness in the market.」
The risk of declining competitiveness due to the absence of patent or other protection and the obsolescence of technologies and know-how was reaffirmed. - FY2019RestatedAnnual report
「If the technologies and know-how held by the Group become obsolete and the appeal of the Group's services to customers declines, this could affect the Group's business development, operating performance and financial position.」
The risk of obsolescence of technologies and know-how was reiterated. - FY2018RestatedAnnual report
「If the technologies and know-how held by the Group become obsolete and the appeal of the Group's services to customers declines, this could affect the Group's business development, operating performance and financial position.」
The risk of declining service appeal due to the obsolescence of technologies and know-how was reiterated. - FY2016First statedAnnual report
「New technologies and services are being developed and introduced successively on the internet, and user preferences are also changing rapidly. If the technologies and know-how held by the Group become obsolete and the appeal of the Group's services to customers declines, this could affect the Group's business development, operating performance and financial position.」
Risk related to technological advances and changes in user preferences.