Intensifying competition in the points market, shifts in user preferences and tighter regulation
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「Our group operates in the fintech market, where the business environment may change significantly as a result of an increase in competing services, advances in technological innovation and amendments to laws and regulations.」
The risk of changes in the fintech market environment resulting from more competing services, technological innovation and amendments to laws and regulations continues under the new business configuration. - FY2020-Q3RestatedAnnual report
「Meanwhile, revenue is trending downward as the points-media market as a whole matures and competition with rival companies intensifies.」
The situation in which the maturity of the points-media market and intensifying competition reduce revenue has been reaffirmed. - FY2020-Q2MaterialisedAnnual report
「Meanwhile, revenue is trending downward as the points-media market as a whole matures and competition with rival companies intensifies.」
Previously, intensifying competition and market changes in the points market were presented as possibilities, but the current business environment identifies the maturity of the points-media market and intensifying competition as factors behind the decline in revenue. - FY2017RestatedAnnual report
「Competition may intensify as existing operators expand and new entrants join the market, while the market may change as users' preferences regarding the use of points evolve. New regulations may also be introduced to improve the market environment.」
The risks of competition, changing user preferences and tighter regulation in the points market have been reiterated. - FY2016First statedAnnual report
「Competition may intensify as existing operators expand and new entrants join the market, while the market may change as users' preferences regarding the use of points evolve. New regulations may also be introduced to improve the market environment.」
Competition, changes in user preferences and the introduction of regulations are identified as factors that could affect the business in the points market.