Declining competitiveness due to rapid technological innovation and substitute technologies
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
107 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, if unexpectedly rapid technological innovation, substitute technologies or the emergence of general-purpose competing products prevent the Company's services from maintaining sufficient competitiveness or value added, the Company's business and financial results could be affected by a decline in new orders and contract renewal rates.」
The risk of reduced competitiveness due to rapid technological innovation, substitute technologies and the emergence of general-purpose competing products continues. - FY2022RestatedAnnual report
「However, if unexpectedly rapid technological innovation, substitute technologies or the emergence of general-purpose competing products prevent the Company's services from maintaining sufficient competitiveness or value added, the Company's business and financial results could be affected by a decline in new orders and contract renewal rates.」
The risk of reduced competitiveness due to rapid technological innovation and substitute technologies continues. - FY2021First statedAnnual report
「If our services are unable to maintain sufficient competitiveness or added value due to unexpectedly rapid technological innovation, the emergence of substitute technologies or general-purpose competing products, or other factors, this could affect our business and performance through a decline in new orders and a lower contract renewal rate.」
The company states that it will respond by combining its services with advanced open technologies, including machine learning, deep learning and natural language processing.