Risk of Price Competition from Intensifying Competition and New Market Entry
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 36 of 84 companies on the "Worse" side.
107 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「There are various competing companies in Japan in each of the Group's businesses, creating potential competitive risks, including the entry of companies from other industries. If changes in the business environment or other factors expose the Group to price competition with competitors, various costs are expected to arise in response, potentially affecting the Group's earnings.」
The risks of various competitors, new entrants, additional costs from price competition and an impact on earnings continue. - FY2022RestatedAnnual report
「There are various competing companies in Japan in each of the Group's businesses, creating potential competitive risks, including the entry of companies from other industries. If changes in the business environment or other factors expose the Group to price competition with competitors, various costs are expected to arise in response, potentially affecting the Group's earnings.」
The risks of various competitors, new entrants, additional costs from price competition and an impact on earnings continue. - FY2020First statedAnnual report
「There are various competing companies in Japan in each of the Group's businesses, creating potential competitive risks, including the entry of companies from other industries. If changes in the business environment or other factors expose the Group to price competition with competitors, various costs are expected to arise in response, potentially affecting the Group's earnings.」
For the first time, the Group explicitly identifies the presence of various competitors in each business, entry by companies from other industries and additional costs from price competition as separate risks.