Declining profitability due to increasing competition and competition to acquire members
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2018.
1 other company's latest entry also says "Dropped".
- FY2018DroppedAnnual reportThe individual risk of declining profitability due to increasing competition and competition to acquire members is not explicitly stated in the current year’s risk disclosure.
- FY2017RestatedAnnual report
「If the Group’s competitive advantage declines as competitors emerge through new market entry and other developments, profitability deteriorates due to intensifying price competition, or the Group is unable to secure the planned number of paid members because competition to acquire members intensifies, this may affect the Group’s business operations and performance.」
The risks to profitability and member numbers from the emergence of competitors, price competition and competition to acquire paid members continue to be monitored. - FY2016First statedAnnual report
「However, if the Group’s competitive advantage declines as competitors emerge through new market entry and other developments, profitability deteriorates due to intensifying price competition, or the Group is unable to secure the planned number of paid members because competition to acquire members intensifies, this may affect the Group’s business operations and performance.」
The disclosure identified declining competitive advantage and profitability due to the emergence of competitors, price competition and competition to acquire paid members.