Price Competition and Intensifying Competition
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 38 of 84 companies on the "Worse" side.
107 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Pressure from customers to reduce prices remains strong, and the trend of intensifying competition is expected to continue for the foreseeable future.」
The company continues to recognize downward price pressure and intensifying competition as ongoing risks. - FY2025RestatedAnnual report
「Pressure from customers to reduce prices remains strong, and the trend of intensifying competition is expected to continue for the foreseeable future. In this market environment, we are working to provide higher-value-added services by leveraging our strengths, including our expertise in cashless payments, and to reduce the burden on merchants affiliated with card companies by connecting them to international card payment networks. However, price competition with rival companies could affect our business performance and financial position.」
It identifies price reduction pressure and intensifying competition as ongoing risks, with higher-value-added services and connections to international card payment networks as responses. - FY2023RestatedAnnual report
「Pressure from customers to reduce prices remains strong, and the trend of intensifying competition is expected to continue for the foreseeable future. In this market environment, we are working to provide higher-value-added services by leveraging our strengths, including our expertise in cashless payments, and to reduce the burden on merchants affiliated with card companies by connecting them to international card payment networks.」
It identifies persistent price reduction pressure and intensifying competition as ongoing risks, and describes higher-value-added services and connections to international card payment networks as responses. - FY2022WorsenedAnnual report
「Customers' price demands for IT investment are becoming increasingly stringent, and we are constantly exposed to competition from other industry players in terms of both price and quality.」
It states that customers' price demands are becoming “increasingly stringent,” describing the growing risk of price competition. - FY2021First statedAnnual report
「Pressure from customers to reduce prices remains strong, and the trend of intensifying competition is expected to continue for the foreseeable future.」
It indicates that the Company faces competition from other industry players in both price and quality, and that price reduction pressure could affect business performance and other factors.