Intensifying Competition Among Telecom Carriers and Reduced Capital Expenditure
First written in FY2021. 10 of 19 entries say "Restated". Latest entry: FY2026.
Basis moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「While the rollout of 5G coverage is nearing completion, telecommunications companies are increasing investment in new areas such as AI and data centres, optical networks and satellite communications. We recognise that investment related to base stations is gradually shifting in nature from the rollout of new areas toward maintaining and upgrading existing facilities and improving operational efficiency.」
The risk related to telecommunications carriers’ capital investment has been reframed as the risk that investment priorities will shift from new 5G deployments to AI, data centres and other areas, as well as the maintenance and upgrading of existing facilities, rather than simply decline. - FY2026-H1RestatedAnnual report
「Although telecommunications carriers continue to restrain capital investment in mobile engineering services, revenue remained firm, supported by growth in small-cell installation and integration-related projects.」
The company states that, despite continued restraint on telecommunications carrier capital investment, growth in small-cell installation and integration-related projects supported revenue. - FY2025MaterialisedAnnual report
「In mobile engineering services, telecommunications carriers continue to restrain capital investment. In the fourth quarter, large-scale reductions in the number of on-site personnel resulted in revenue falling short of plan.」
Continued restraint on telecommunications carrier capital investment has materialized in actual results, with large-scale reductions in on-site personnel in the fourth quarter resulting in revenue falling short of plan. - FY2025-H1RestatedAnnual report
「Against this economic backdrop, restraint on capital investment by telecommunications carriers in the mobile engineering sector in which our group operates continues.」
The company reconfirms that telecommunications carriers' restraint on capital investment continues. - FY2024WorsenedAnnual report
「Capital investment by mobile carriers has peaked, with total investment declining slightly to ¥1,546.3 billion in 2023 (¥1,777 billion in fiscal 2022). It is also expected to contract to ¥1,210 billion in 2026.」
The company indicates that telecommunications carrier capital investment declined from ¥1,777 billion in fiscal 2022 to ¥1,546.3 billion in 2023 and is forecast to contract to ¥1,210 billion in 2026. The outlook for contraction has been revised from the previous disclosure. - FY2024-Q3RestatedAnnual report
「Against this economic backdrop, in the mobile engineering sector in which our group operates, telecommunications carriers are restraining capital investment in the near term, and further demands for cost control are expected.」
The company reconfirms that telecommunications carriers' restraint on capital investment and demands for cost control are continuing. - FY2024-Q1MaterialisedAnnual report
「Against this economic backdrop, in the mobile engineering sector in which our company operates, telecommunications carriers are restraining capital investment in the near term, and further demands for cost control are expected.」
The restraint on telecommunications carrier capital investment is described as a current condition rather than merely a future expectation. Revenue from mobile engineering services was ¥905.303 million, down 20.2% year on year. - FY2023WorsenedAnnual report
「Capital investment by mobile carriers has peaked, and total investment is expected to decline from ¥1,777 billion in 2022 to ¥1,400 billion in 2025.」
The outlook for declining telecommunications carrier capital investment is quantified as a decrease from ¥1,777 billion in 2022 to ¥1,400 billion in 2025, making the risks of cost-control demands and shrinking service areas more concrete. - FY2023-Q3RestatedAnnual report
「Against this economic backdrop, in the information and communications sector in which we operate, telecommunications carriers have lowered charges using group sub-brands in response to Rakuten Mobile, Inc., increasing demands for cost control. In our business, the impact began to emerge in the stock business, which provides base-station operations, maintenance and monitoring.」
The company reconfirms the demands for cost control accompanying telecommunications charge reductions and their impact on the stock business providing base-station operations, maintenance and monitoring. - FY2023-Q2MaterialisedAnnual report
「Against this economic backdrop, in the information and communications sector in which we operate, telecommunications carriers have lowered charges using group sub-brands in response to Rakuten Mobile, Inc., increasing demands for cost control. In our business, the impact has begun to emerge in the stock business, which provides base-station operations, maintenance and monitoring.」
The company states that demands for cost control have increased following telecommunications carriers' price cuts and that the impact has begun to emerge in the stock business providing base-station operations, maintenance and monitoring. - FY2023-Q1RestatedAnnual report
「Telecommunications carriers have lowered charges using group sub-brands in response to Rakuten Mobile, Inc. This could affect future infrastructure investment, but no such impact has emerged to date.」
The company reconfirms the possibility that competition among telecommunications carriers and lower telecommunications charges could affect future infrastructure investment, while stating that no impact has emerged to date. - FY2022RestatedAnnual report
「However, the entry of a fourth carrier, whose services began in spring 2020, and the government's demands that telecommunications carriers review their charges could, together with intensifying competition among customers, an unforeseeable deterioration in performance, reductions in capital investment in 5G communications expected to gain wider adoption, insourcing and other factors, cause our service areas to contract and affect our financial position and operating results.」
The company continues to describe the risks associated with the entry of a fourth carrier, telecommunications charge reviews, and reduced capital investment in 5G and insourcing. - FY2022-Q3RestatedAnnual report
「In the information and communications sector in which we operate, telecommunications carriers have lowered charges using group sub-brands in response to Rakuten Mobile, Inc. This could affect future infrastructure investment, but no such impact has emerged to date.」
The company reconfirms the possibility that lower telecommunications charges could affect future infrastructure investment, while stating that no impact had emerged as of the quarter-end. - FY2022-Q2RestatedAnnual report
「In the information and communications sector in which we operate, telecommunications carriers have lowered charges using group sub-brands in response to Rakuten Mobile, Inc. This could affect future infrastructure investment, but no such impact has emerged to date.」
The company reiterates the possibility that lower telecommunications charges could affect future infrastructure investment, while stating that no impact had emerged as of the quarter-end. - FY2022-Q1RestatedAnnual report
「Telecommunications carriers have lowered charges using group sub-brands in response to Rakuten Mobile, Inc. This could affect future infrastructure investment, but no such impact has emerged to date.」
The company continues to describe the possibility that lower telecommunications charges could affect future infrastructure investment, while stating that no impact had emerged as of the quarter-end. - FY2021First statedAnnual report
「If our service areas contract due to intensifying competition among customers, an unforeseeable deterioration in performance, reductions in capital investment in 5G communications expected to gain wider adoption, insourcing and other factors, this could affect our financial position and operating results.」
External-environment risks stemming from the entry of a fourth carrier and demands to review telecommunications charges.