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FreeBit (3843) · FactRestated

Strong growth and room for further penetration in Japan’s MVNO market

First written in FY2017-Q3. 14 of 16 entries say "Restated". Latest entry: FY2025-H1.

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ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2025-H12017: 420172018: 120182019: 320192020: 120202021: 020212022: 420222023: 120232024: 22024
Same theme, other companies
Expansion of the MVNO MarketA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

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

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Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「The overall mobile market continues to grow, including expected increases in IoT and inbound demand, and is expected to expand further.」

    While low-cost plans and other offerings by major telecommunications carriers are affecting independent MVNO operators, the company continues to expect the overall mobile market to grow and expand, driven by IoT and inbound demand.
  2. FY2024-Q3RestatedAnnual report

    「Although the provision of low-cost plans and sub-brand expansion by major mobile carriers continue to affect the growth of independent MVNO service operators, the overall mobile market continues to grow, including expected increases in IoT and inbound demand, and is expected to expand further.」

    While recognizing the impact of low-cost plans and sub-brands operated by major telecommunications carriers, the company continues to expect the overall mobile market to grow, driven by IoT and inbound demand.
  3. FY2023-Q3RestatedAnnual report

    「Although the provision of low-cost plans and sub-brand expansion by major mobile carriers continue to affect the growth of independent MVNO service operators, the overall mobile market continues to grow and is expected to expand further.」

    While recognizing the impact of low-cost plans and sub-brand expansion by major telecommunications carriers, the company continues to expect the overall mobile market to grow and expand.
  4. FY2023-Q2RestatedAnnual report

    「Although the provision of low-cost plans and sub-brand expansion by major mobile carriers continue to affect the growth of independent MVNO service operators, the overall mobile market continues to grow and is expected to expand further.」

    While recognizing the impact of low-cost plans and sub-brands operated by major telecommunications carriers, the company continues to expect the overall mobile market to grow and expand.
  5. FY2023-Q1RestatedAnnual report

    「Although the provision of low-cost plans and sub-brand expansion by major mobile carriers continue to affect the growth of independent MVNO service operators, the overall mobile market continues to grow and is expected to expand further.」

    While recognizing the impact of low-cost plans and sub-brands operated by major telecommunications carriers, the company continues to expect the overall mobile market to grow and expand.
  6. FY2022RestatedAnnual report

    「Although the provision of low-cost plans and sub-brand expansion by major mobile carriers continue to affect the growth of independent MVNO service operators, the overall mobile market continues to grow and is expected to expand further.」

    While recognizing the impact of low-cost plans and other offerings by major telecommunications carriers, the company continues to expect the overall mobile market to grow and expand.
  7. FY2022-Q3RestatedAnnual report

    「Although the provision of low-cost plans and sub-brand expansion by major mobile carriers continue to affect the growth of independent MVNO service operators, the overall mobile market continues to grow and is expected to expand further.」

    While recognizing the impact of low-cost plans and other offerings by major telecommunications carriers, the company continues to expect the overall mobile market to grow and expand.
  8. FY2020RestatedAnnual report

    「In addition to the continued market growth trend, demand for IoT applications is expected to rise sharply. The market is forecast to exceed ¥11 trillion in 2023 and is expected to continue expanding.」

    While recognizing the impact of sub-brands operated by major telecommunications carriers and others, the company continues to expect the MVNO and MVNE market to expand, driven by IoT demand.
  9. FY2020-Q2RestatedAnnual report

    「In the B2C market, the group and its customers, independent MVNO service operators, were affected by aggressive new plans from major mobile carriers and their sub-brands, but the market is expected to remain on a growth trajectory.」

    While describing the impact of aggressive moves by major telecommunications carriers and others, the company states that the MVNO market's growth trend is expected to continue.
  10. FY2020-Q1RestatedAnnual report

    「In addition to the continued market growth trend, demand for IoT applications is expected to increase, and the market is expected to continue expanding.」

    While stating that the expansion of sub-brands by major telecommunications carriers is affecting the growth of independent MVNO operators, the company continues to expect the MVNO market to grow and the market to expand as IoT demand increases.
  11. FY2019Market-size forecast updatedAnnual report

    「In addition to the continued growth trend and the resulting increase in market entrants, demand for IoT applications is expected to rise sharply. The market is forecast to exceed ¥11 trillion in 2023 and is expected to continue expanding.」

    The company newly states that the MVNO and MVNE market is forecast to exceed ¥11 trillion in 2023, driven by rising IoT demand.
  12. FY2018-Q3RestatedAnnual report

    「Although the MVNO market experienced changes including new plans and aggressive sub-brand expansion by major mobile carriers, an increase in market entrants and industry consolidation, the market continued to expand.」

    The company recognizes changes in the competitive environment, including sub-brand expansion by major telecommunications carriers, an increase in market entrants and industry consolidation, while continuing to describe the expansion of the MVNO market.
  13. FY2018-Q2RestatedAnnual report

    「Although the MVNO market saw changes including the expansion of sub-brands by major mobile carriers, an increase in market entrants and industry consolidation, the market continued to expand, resulting in a cumulative increase in the total number of SIM cards issued to operators using the company's MVNE-provided MVNO support package service, freebit MVNO Pack.」

    The company recognizes changes in the competitive environment, including the expansion of sub-brands by major telecommunications carriers and an increase in market entrants, while viewing the expansion of the MVNO market as a business opportunity.
  14. FY2018-Q1RestatedAnnual report

    「As the MVNO market continues to expand, the number of SIM cards issued to operators using the company's MVNE-provided MVNO support package service, freebit MVNO Pack, increased.」

    The company continues to describe the increase in SIM cards issued to participating operators, viewing the expansion of the MVNO market as a business opportunity.
  15. FY2017RestatedAnnual report

    「The penetration rate in Japan remains low. However, growth in MVNOs and MVNEs has become pronounced, and the market is expected to have room to grow to levels comparable with those in European countries.」

    The company continues to state that Japan's MVNO and MVNE penetration rates are below those of European countries but that the market has room for growth.
  16. FY2017-Q3First statedAnnual report

    「Although Japan does not have a high ratio of MVNO subscriptions among major countries, it has the highest subscription growth rate. Accordingly, MVNOs are considered highly likely to reach penetration levels comparable with those in other major countries, and the group expects its mobile business to continue expanding.」

    The company states that although Japan's MVNO subscription ratio is not high, the subscription growth rate is high and the market may reach penetration levels comparable with those in other major countries.
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Strong growth and room for further penetration in Japan’s MVNO market | FreeBit Co.,Ltd. (3843) | Komori