Risk of slower e-commerce adoption and lower payment demand due to regulation
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「If e-commerce itself is not accepted by consumers because of new legal regulations affecting e-commerce, a decline in personal consumption, or other factors, the spread of e-commerce could stagnate and the e-commerce market could remain sluggish.」
The company continues to disclose the risk that market stagnation caused by e-commerce-related regulations and weaker personal consumption could affect its card-not-present payment processing business. - FY2018RestatedAnnual report
「If e-commerce itself is not accepted by consumers because of new legal regulations affecting e-commerce, a decline in personal consumption, or other factors, the spread of e-commerce could stagnate and the e-commerce market could remain sluggish.」
The company continues to disclose the risk of market stagnation due to e-commerce-related regulations and weaker personal consumption. - FY2016First statedAnnual report
「If e-commerce itself is not accepted by consumers because of new legal regulations affecting e-commerce, a decline in personal consumption, or other factors, the spread of e-commerce could stagnate and the e-commerce market could remain sluggish. This could affect the performance of our group’s card-not-present payment processing business, which is closely linked to the size of the e-commerce market.」
The company identifies the risk that stagnating e-commerce adoption due to market regulations and weaker consumption could affect its card-not-present payment processing business.