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Sharingtechnology (3989) · RiskAdvancedLatest M&A and Subsidiary Changes (2026-09-09): "Worsened"

Risk of Securing Franchisees and Maintaining Quality

First written in FY2017. 7 of 10 entries say "Advanced", first in FY2019. Latest entry: 2026-09-09.

10entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018 – FY20252017: 12018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies

Sharingtechnology moved to the "Worse" side of this theme in 2026.

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

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-09WorsenedM&A and Subsidiary Changes

    「The shortage of engineers and rising recruitment costs caused by the decline in the working-age population have become chronic issues, creating constraints on the maintenance and expansion of our nationwide franchise network and in-house construction system, which are among our strengths.」

    The shortage of engineers and rising recruitment costs were identified as constraints on maintaining and expanding the franchise network and in-house construction system.
  2. FY2025AdvancedAnnual report

    「By leveraging our member-business network, which currently totals 7,222 businesses (as of 30 September 2025), we are building a system that enables coverage by member businesses in surrounding areas even if a member business suddenly withdraws, while also working to encourage new businesses to join the network.」

    As the merchant network expanded, measures to maintain quality and supply continued, including screening and credit management, coverage by merchants in surrounding areas, and the promotion of new merchant additions.
  3. FY2024AdvancedAnnual report

    「By leveraging our member-business network, which currently totals 6,854 businesses (as of 30 September 2024), we are building a system that enables coverage by member businesses in surrounding areas even if a member business suddenly withdraws, while also working to encourage new businesses to join the network.」

    The merchant network expanded from 6,298 outlets in FY2023 to 6,854 outlets, while measures to maintain quality and supply continued.
  4. FY2023AdvancedAnnual report

    「We use a merchant network currently comprising 6,298 outlets (as of 30 September 2023), and have established a system under which merchants in surrounding areas can provide coverage even if a merchant suddenly withdraws. We also work to promote the addition of new merchants.」

    The merchant network expanded from 5,364 outlets in FY2022 to 6,298 outlets, while screening and credit management, alternative coverage by merchants in surrounding areas, and the promotion of new merchant additions continued.
  5. FY2022AdvancedAnnual report

    「We use a merchant network currently comprising 6,118 outlets (as of 30 September 2022), and have established a system under which merchants in surrounding areas can provide coverage even if a merchant suddenly withdraws. We also work to promote the addition of new merchants.」

    The merchant network expanded from 5,364 to 6,118 outlets, while measures to maintain quality and supply continued, including screening and credit management, alternative coverage by merchants in surrounding areas, and the promotion of new merchant additions.
  6. FY2021AdvancedAnnual report

    「We use a merchant network currently comprising 5,364 outlets (as of 30 September 2021), and have established a system under which merchants in surrounding areas can provide coverage even if a merchant suddenly withdraws. We also work to promote the addition of new merchants.」

    The merchant network expanded from 4,544 to 5,364 outlets, while screening and credit management, alternative coverage by merchants in surrounding areas, and the promotion of new merchant additions continued.
  7. FY2020AdvancedAnnual report

    「We use a merchant network currently comprising 4,544 outlets (as of 30 September 2020), and have established a system under which merchants in surrounding areas can provide coverage even if a merchant suddenly withdraws. We also work to promote the addition of new merchants.」

    The merchant network expanded from 3,721 to 4,544 outlets, while measures to maintain quality and supply continued, including screening and credit management, alternative coverage by merchants in surrounding areas, and the promotion of new merchant additions.
  8. FY2019AdvancedAnnual report

    「We use a merchant network currently comprising 3,721 outlets (as of 30 September 2019), and have established a system under which merchants in surrounding areas can provide coverage even if a merchant suddenly withdraws. We also work to promote the addition of new merchants.」

    In addition to expanding the number of merchants, specific measures to maintain quality and supply were set out, including screening and credit management, alternative coverage by merchants in surrounding areas, and the promotion of new merchant additions.
  9. FY2018MitigatedAnnual report

    「To ensure the provision of high-quality services to users, we carefully select merchants by conducting screening based on the Company's criteria, credit management, and other measures when selecting merchants. We use a merchant network currently comprising 3,027 merchants (as of 30 September 2018), and have established a system under which merchants in surrounding areas can provide coverage even if a merchant suddenly withdraws. We also work to promote the addition of new merchants.」

    Specific measures to address the risk of declining or insufficient merchant quality were set out, including screening, credit management, coverage by nearby merchants, and promotion of new merchant additions.
  10. FY2017First statedAnnual report

    「However, if the service quality of merchants declines for any reason and there are insufficient merchants available for referrals, it may become difficult to provide services to users, which could affect the Company's operating results and financial position.」

    The possibility that service provision may become difficult because of declining merchant quality or an insufficient number of merchants available for referrals was stated.
Moved together

"FY2017-Q3 cumulative revenue and profit results" moved the same way as this thread, in the same document, in 8 of its 10 moves.

888655★123456
  1. ★This thread
  2. 1FY2017-Q3 cumulative revenue and profit results8×
  3. 2Expansion of the Vertical Media and Merchant Networks8×
  4. 3Expanding the High-Quality Franchise Store Network and Strengthening Relationships8×
  5. 4Interest-bearing debt, rising interest rates and funding risk6×
  6. 5Risk of securing, developing and losing talented personnel5×
  7. 6Share-Value Dilution from the Exercise of Stock Acquisition Rights5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Sharingtechnology yet. It last moved in the M&A and Subsidiary Changes of 2026-09-09: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Securing Franchisees and Maintaining Quality | SHARINGTECHNOLOGY INC. (3989) | Komori