Komori
Digital Plus (3691) · RiskRestated

Impact of Changes to GAFA Terms, Services, and Other Matters on the Internet Business

First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021.

2entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020 – FY20212020: 12021: 12021
Same theme, other companies
Dependence on the Contracts, Fees, and Policies of Multiple Platform OperatorsA theme 22 companies write about · 22 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 3 of 9 companies on the "Worse" side.

11 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 22 companies compared. The sentences above are computed from all 22.
Full recordFilings, disclosures and news, newest first
  1. FY2021RestatedAnnual report

    「In addition, if growth in related industries is impeded by new legal regulations, changes to the terms or services of GAFA—the collective term for the 4 major U.S. IT companies Google (Google), Apple (Apple), Facebook (Facebook), and Amazon (Amazon), named after their initials—or other unforeseen factors, these circumstances may affect the operating results and financial position of the group.」

    The risk of the impact of changes to GAFA’s terms and services and legal regulations on the internet business continues to be disclosed.
  2. FY2020First statedAnnual report

    「In addition, if growth in related industries is impeded by new legal regulations, changes to the terms or services of GAFA—the collective term for the 4 major U.S. IT companies Google (Google), Apple (Apple), Facebook (Facebook), and Amazon (Amazon), named after their initials—or other unforeseen factors, these circumstances may affect the operating results and financial position of the group.」

    Changes to GAFA’s terms and services are expressly disclosed as a standalone risk that could affect the growth, operating results, and financial position of the internet business.
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