Risk of Increased Competition and Insufficient Differentiation or Functional Improvements
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2022.
Yrglm moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 31 of 90 companies on the "Worse" side.
27 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「As opportunities to go out declined due to the spread of COVID-19, the value of goods distributed through the e-commerce market temporarily surged as a result of stay-at-home consumption. More recently, however, competition in the e-commerce cart market has also intensified.」
The company explicitly identifies intensifying competition in the e-commerce cart market, indicating that the competitive environment is becoming more challenging. - FY2022-Q1MaterialisedAnnual report
「Margin revenue, a major source of income, declined year on year due to the fading of the revenue boost from stay-at-home demand during the COVID-19 pandemic and the impact of lower payment margin rates amid intensifying competition in e-commerce.」
The decline in actual margin revenue resulting from lower payment margin rates amid intensifying competition is disclosed. - FY2020RestatedAnnual report
「If sufficient differentiation and functional improvements are not achieved, or if competition intensifies due to new market entrants and other factors, this could affect the Group's business and operating results.」
The company is reaffirming the risk of competition arising from increasing competing services and insufficient differentiation and functional improvements. - FY2017RestatedAnnual report
「If sufficient differentiation and functional improvements are not achieved, or if competition intensifies due to new market entrants and other factors, this could affect the Group's business and performance.」
The risks of increasing competing services and insufficient differentiation and functional improvements continue to be disclosed. - FY2016First statedAnnual report
「If sufficient differentiation and functional improvements are not achieved, or if competition intensifies due to new market entrants and other factors, this could affect the Group's business and performance.」
The company identifies the increase in competing services, new market entrants and insufficient differentiation in internet advertising and e-commerce as risks.