Diversification of Cashless Payment Methods and Intensifying Competition
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
GMO Financial Gate moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「If the company's initiatives fail to produce the expected results amid intensifying competition, or if competitive pressure intensifies on merchant fee rates and spread levels, it may be unable to secure revenue, business relationships with high-quality customers may change, and the Group's business performance could be affected.」
The company adds competitive pressure on merchant fee rates and spread levels to the competitive risks arising from the diversification of payment methods. - FY2023RestatedAnnual report
「However, if the company's initiatives do not produce the expected results amid intensifying competition, it may be unable to secure revenue, business relationships with high-quality customers may change, and the Group's business performance could be affected.」
The company restates the risk that intensifying competition and the emergence of diverse payment methods could affect revenue and business relationships if its initiatives fail to produce the expected results. - FY2021RestatedAnnual report
「Amid these circumstances, the Group intends to differentiate itself from competitors and secure growth and profitability by developing and providing terminals and services that meet customer needs.」
The company restates its policy of differentiating itself through the development and provision of terminals and services in response to intensifying competition arising from the emergence of diverse payment methods. - FY2020First statedAnnual report
「However, if the company's initiatives do not produce the expected results amid intensifying competition, it may be unable to secure revenue, business relationships with high-quality customers may change, and the Group's business performance could be affected.」
The company identifies competition to support diverse payment methods, including cards, electronic money, points, UnionPay, Apple Pay and QR codes, as a risk.