Responding to Technological Innovation and Intensifying Competition
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2025.
Magmag moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
20 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The company operates its business based on internet-related technologies, but the pace of technological innovation in the internet services industry is accelerating further, including advances in generative AI and cloud technologies and the increasing sophistication of data analytics and automation technologies.」
In addition to the previously noted acceleration of technological innovation, the company has added generative AI, cloud technologies, and advances in data analytics and automation technologies as specific changes. - FY2024RestatedAnnual report
「Accordingly, the company continues to develop new technologies and work to secure talented personnel, but if it is slow to respond to changes in the environment, its competitiveness may decline.」
The company continues to identify declining competitiveness due to delayed responses to technological innovation and the risk of expenditures required to respond. - FY2023RestatedAnnual report
「Accordingly, the company continues to develop new technologies and work to secure talented personnel, but if it is slow to respond to changes in the environment, its competitiveness may decline. In addition, if substantial expenditures become necessary to develop new technologies, this may affect its business activities, financial position and operating results.」
In addition to declining competitiveness due to delayed responses to technological innovation, the company continues to identify substantial expenditures required to respond as a risk. - FY2022RestatedAnnual report
「In the internet services industry, new technologies are being developed and new services using those technologies are being introduced one after another, and the pace of change in the business environment for internet businesses is considered to be accelerating.」
The company continues to identify the rapid pace of technological innovation, declining competitiveness due to delayed responses, and the resulting expenditures as risks. - FY2021RestatedAnnual report
「Going forward, if intensifying competition resulting from the entry of companies with substantial capital resources or strong name recognition, together with customer attrition, makes it difficult for the company to maintain its competitiveness or competitive advantage, this may affect its business activities, financial position and operating results.」
In addition to technological innovation, the company identifies the entry of companies with substantial capital resources or strong name recognition and customer attrition as competitive risks. - FY2020First statedAnnual report
「In the internet services industry, new technologies are being developed and new services using those technologies are being introduced one after another, and the pace of change in the business environment for internet businesses is considered to be accelerating. Accordingly, the company continues to develop new technologies and work to secure talented personnel, but if it is slow to respond to changes in the environment, its competitiveness may decline.」
The company identifies the rapid pace of technological change and the risk of declining competitiveness due to delayed responses.