Intensifying competition in route-search software and services
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition, major internet companies and others are enhancing the functionality of their route-search services. As a result, competition with these companies and others is expected to intensify further in services for general users.」
The company reaffirms its response strategy of addressing intensifying competition with major internet companies and others, the integration of route-search and mapping services, and ongoing functionality enhancements. - FY2021WorsenedAnnual report
「In addition, major internet companies and others are enhancing the functionality of their route-search services. As a result, companies providing route-search services such as the Group are expected to face increasingly intense competition with major internet companies and others in services for general users.」
The company explicitly states that competition with major internet companies and others may intensify further, in addition to competition with existing competitors and portal sites. - FY2019RestatedAnnual report
「In addition, portal sites and other providers are enhancing the functionality of their route-search services. As a result, companies providing route-search services such as the Group are expected to face increasingly intense competition with portal sites and others in services for general users.」
The possibility of intensifying competition with portal sites, in addition to the integration of the route-search and mapping sectors, is reiterated. - FY2018RestatedAnnual report
「In recent years, route-search and mapping services have increasingly become integrated, including through closer coordination between them.」
The risk of intensifying competition, including the integration of route-search and mapping services and enhanced portal-site functionality, continues to be described. - FY2016First statedAnnual report
「Several companies currently compete in the route-search software and services market. Competition could intensify depending on the actions of these competitors and the emergence of new entrants.」
The company identifies Ekispert, Ekitan and NAVITIME, among others, as competitors, and also describes the expansion of competition into the mapping and portal sectors.