Intensifying competition in payment processing, travel and mail-order businesses
First written in FY2016. 3 of 7 entries say "Reframed", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2026: 29 of 92 companies on the "Worse" side.
- FY2026ReframedAnnual report
「The cosmetics, beauty and wellness, regenerative medicine-related and investment businesses have competing companies.」
The scope of the intensifying competition risk has expanded from the previous mail-order and cosmetics areas to the current business portfolio, including the beauty and wellness, regenerative medicine-related and investment businesses. - FY2024ReframedAnnual report
「The cosmetics, beauty and wellness business has competing companies. Although the company works daily to differentiate itself from competitors, intensifying competition in the future could affect business performance.」
The scope of the intensifying competition risk has shifted from the mail-order business to the cosmetics, beauty and wellness business. - FY2021RestatedAnnual report
「The mail-order business has competing companies. Although the company works daily to differentiate itself from competitors, intensifying competition in the future could affect business performance.」
The company continues to disclose the risk of intensifying competition in the mail-order business following the business reorganization. - FY2019RestatedAnnual report
「The mail-order business has competing companies. Although the company works daily to differentiate itself from competitors, intensifying competition in the future could affect business performance.」
The company continues to disclose the risk of intensifying competition, limited to the mail-order business following the business reorganization. - FY2018ReframedAnnual report
「The mail-order business has competing companies. Although the company works daily to differentiate itself from competitors, intensifying competition in the future could affect business performance.」
Following the transfer and discontinuation of the payment processing and travel businesses, the scope of the intensifying competition risk has been reorganized to the mail-order business. - FY2017-Q2WorsenedAnnual report
「The environment surrounding this business has changed substantially in recent years. Significant additional costs are expected for large-scale capital investment, system upgrades and securing resources to comply with the Payment Card Industry Data Security Standard (PCI-DSS). In addition, expectations for a competitive advantage in the industry and for business expansion have declined. Accordingly, the company decided to transfer the entire business to 株式会社ユニヴァ・ペイキャスト, which operates the business.」
For the payment processing business, the company explicitly cites higher security-compliance costs and lower expectations for competitive advantages and business expansion, leading to the decision to transfer the business. - FY2016First statedAnnual report
「The payment processing, travel and mail-order businesses have competing companies. Although the company works daily to differentiate itself from competitors, intensifying competition in the future could affect business performance.」
The 3 businesses have competing companies, and intensifying competition is identified as a business performance risk.