Intensifying Competition in the Credit Management and Groupware Markets
First written in FY2016. 10 of 23 entries say "Restated". Latest entry: FY2026.
Riskmonster.com 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 91 companies on the "Worse" side.
27 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Factors contributing to an uncertain outlook, including exchange-rate fluctuations, high prices, labor shortages, and increasing tensions in the Middle East and other unstable international conditions, remain. The importance of corporate risk management and compliance measures is increasing further.」
The description states that companies have become even more selective in choosing services amid continued uncertainty in the business environment. - FY2026-H1WorsenedAnnual report
「Factors contributing to an uncertain outlook, including exchange-rate fluctuations, rising prices, labor shortages, and increasing instability in international conditions, remain, and companies have become even more selective in choosing services.」
The description states that companies have become even more selective in choosing services, expressing the competition and demand risks in the business environment more strongly than before. - FY2025-H1ReframedAnnual report
「During the current interim consolidated accounting period, Japan's economy continued to recover gradually as inbound demand recovered and domestic economic activity normalized. However, the outlook remained uncertain due to the effects of exchange-rate fluctuations, rising prices, labor shortages, and unstable international conditions, and customers are expected to become increasingly selective in choosing services.」
Although customers continue to be highly selective in choosing services, exchange-rate fluctuations and unstable international conditions have been added as business-environment factors. - FY2024WorsenedAnnual report
「In particular, chronic labor shortages at individual companies are becoming more severe. The trend of focusing on core operations and using external resources to address labor shortages in work requiring specialized knowledge and expertise is expected to strengthen further.」
The worsening labor shortage and increasing customer use of external resources were added to the description of the business environment. The risk associated with customers' increasingly selective approach to services also continues. - FY2024-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, Japan's economy continued to recover gradually as inbound demand recovered and domestic economic activity normalized. However, the outlook remained uncertain due to rising prices, increasingly severe labor shortages, and a slowdown in overseas economies, and customers are expected to become increasingly selective in choosing services.」
Customers continue to be highly selective in choosing services, and labor shortages are described as becoming more severe as a business-environment factor. - FY2024-Q2ReframedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan's economy continued to recover gradually as inbound demand recovered and domestic economic activity normalized. However, the outlook remained uncertain due to rising prices, labor shortages, and a slowdown in overseas economies, and customers are expected to become increasingly selective in choosing services.」
Although the risk of customers becoming increasingly selective in choosing services continues, the description of the business environment has been updated to reflect inbound demand and the normalization of the domestic economy, as well as rising prices, labor shortages, and a slowdown in overseas economies. - FY2024-Q1ReframedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy continued to recover gradually as economic activity normalized following the reclassification of COVID-19 under the Infectious Diseases Control Law to Category V. However, the outlook remained uncertain due to rising prices, labor shortages, and a slowdown in overseas economies, and customers are expected to become increasingly selective in choosing services.」
Although customers continue to be highly selective in choosing services, the business-environment factors described have shifted from a focus on the spread of infections to rising prices, labor shortages, and a slowdown in overseas economies. - FY2023-Q3ReframedAnnual report
「During the third quarter of the current consolidated cumulative period, Japan's economy showed a gradual recovery as the spread of COVID-19 subsided. However, due in part to higher raw material costs against a backdrop of rising resource prices and a weaker yen, as well as higher personnel expenses resulting from labor shortages, customers are expected to become increasingly selective in choosing services.」
Although customers continue to be highly selective in choosing services, higher personnel expenses resulting from labor shortages have been added as a business-environment factor. - FY2023-Q2ReframedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan's economy continued to face an uncertain outlook, despite the subsiding spread of COVID-19 and expectations of a recovery in economic activity, due in part to higher raw material costs against a backdrop of rising resource prices and a weaker yen. Customers are expected to become increasingly selective in choosing services.」
Although customers continue to be highly selective in choosing services, the focus of the business environment has shifted from the spread of infections and previous sources of uncertainty to higher raw material costs resulting from rising resource prices and a weaker yen. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy continued to face an uncertain outlook, despite expectations of a recovery in economic activity, due to the impact of the situation in Ukraine on the global economy, persistently high raw material prices, and, more recently, the resurgence of COVID-19 infections. Customers are expected to become increasingly selective in choosing services.」
The situation in Ukraine, persistently high raw material prices, and the resurgence of COVID-19 infections were identified as new business-environment factors, and the possibility that customers would become more selective in choosing services was described. - FY2022-Q3RestatedAnnual report
「The outlook remains uncertain due to the rapid spread of new variants in Japan and overseas, and customers are expected to become increasingly selective in choosing services.」
The uncertain outlook resulting from the spread of new variants and the difficulty customers face in selecting services continue to be described as business-environment risks. - FY2021RestatedAnnual report
「As the number of new entrants is expected to increase, the Group’s business performance could be materially affected by a decline in the number of member companies resulting from the emergence of competitors and by lower profitability caused by intensifying competition.」
The risk of declining membership and worsening profitability due to new entrants and intensifying competition in credit management services has been reconfirmed. - FY2021-Q3RestatedAnnual report
「The outlook remains uncertain due to the resurgence of COVID-19 infections, and customers are expected to become increasingly selective in choosing services.」
The uncertain outlook resulting from the resurgence of infections and the difficulty customers face in selecting services continue to be described as business-environment risks. - FY2021-Q2RestatedAnnual report
「The global economy also showed a sharp slowdown due to the impact of COVID-19 infections, and customers are expected to become increasingly selective in choosing services.」
The sharp slowdown in the global economy caused by COVID-19 and the difficulty customers face in selecting services continue to be described as business-environment risks. - FY2021-Q1WorsenedAnnual report
「Social and economic activities were restricted as a result of the state of emergency declared in response to COVID-19 and other factors. Even after the declaration was lifted, the end of the spread of infections remained uncertain, and conditions continued to be severe. The global economy also showed a sharp slowdown due to the impact of COVID-19 infections, and customers are expected to become increasingly selective in choosing services.」
Restrictions on social and economic activities and a sharp slowdown in the global economy resulted from COVID-19, and the possibility that customers would become more selective in choosing services was described as a stronger environmental factor than before. - FY2020-Q1RestatedAnnual report
「Against a backdrop of intensifying US-China trade friction and sluggish IT-related demand, the economy appears to be stagnating, and customers are expected to become increasingly selective in choosing services.」
The difficulty customers face in selecting services, against a backdrop of US-China trade friction and sluggish IT demand, has been reconfirmed as a business-environment risk. - FY2019RestatedAnnual report
「As the number of new entrants is expected to increase, the Group’s business performance could be materially affected by a decline in the number of member companies resulting from the emergence of competitors and by lower profitability caused by intensifying competition.」
New entry and intensifying competition in credit management services and other areas, along with the possibility of declining membership and worsening profitability, remain ongoing risks. - FY2019-Q3RestatedAnnual report
「Given concerns about a slowdown in the Chinese economy and the future course of trade friction, customers may continue to become more selective in choosing services.」
Against a backdrop of concerns about a slowdown in the Chinese economy and trade friction, we continue to identify increasingly stringent customer selection of services as a business environment risk. - FY2019-Q1RestatedAnnual report
「Customers may continue to become more selective in choosing services.」
Against a backdrop of rising raw material prices and uncertainty surrounding U.S. trade policy, we continue to identify increasingly stringent customer selection of services as a business environment risk. - FY2017WorsenedAnnual report
「In recent years, the number of competitors in groupware has increased, and the value of groupware products has been trending downward.」
In addition to the increase in competitors, we explicitly identify the declining value of groupware products, including J-MOTTO, and the risk of license non-renewal. - FY2017-Q3RestatedAnnual report
「Although the economy remained on a moderate recovery track against a backdrop of improving corporate earnings, uncertainty in overseas economies has increased due to the impact of the U.S. presidential election, and customers may continue to become more selective in choosing services.」
We continue to identify uncertainty in overseas economies and increasingly stringent customer selection of services as business environment risks. - FY2017-Q1RestatedAnnual report
「Amid an uncertain outlook, including disruption in the foreign exchange and equity markets due to the United Kingdom’s withdrawal from the EU, customers may continue to become more selective in choosing services.」
The report indicates that customers may become more selective in choosing services amid an uncertain outlook. - FY2016First statedAnnual report
「As the number of new entrants is expected to increase, the Group’s business performance could be materially affected by a decline in the number of member companies resulting from the emergence of competitors and by lower profitability caused by intensifying competition.」
While recognizing the advantages of being an early entrant, we identify new entrants and intensifying competition as risks.