Risks from new market entrants, intensifying competition and substitute technologies
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 16 of 51 companies on the "Worse" side.
88 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「However, if other companies enter this market or competition with competitors intensifies in the future, or if substitute technologies emerge, this may affect the operating results and financial condition of the Group.」
New market entrants, intensifying competition and the emergence of substitute technologies continue to be identified as external risks. - FY2019RestatedAnnual report
「If other companies enter this market or competition with competitors intensifies in the future, or if substitute technologies emerge, this may affect the Company's operating results and financial condition.」
New market entrants, intensifying competition and the emergence of substitute technologies continue to be identified as external risks. - FY2018RestatedAnnual report
「However, if other companies enter this market or competition with competitors intensifies in the future, or if substitute technologies emerge, this may affect the Company's operating results and financial condition.」
New market entrants, intensifying competition and the emergence of substitute technologies continue to be identified as external risks. - FY2017First statedAnnual report
「However, if other companies enter this market or competition with competitors intensifies in the future, or if substitute technologies emerge, this may affect the Company's operating results and financial condition.」
While explaining the current barriers to entry, the Company identifies new market entrants, intensifying competition and substitute technologies as external risks.