Competition for Customer Acquisition Due to New Entrants and Competitor Expansion
First written in FY2022. 2 of 4 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2024-Q3MaterialisedAnnual report
「Meanwhile, as intensifying competition resulted in multiple reviews of messaging prices for some major customers, revenue from the SMS Solutions Group for the nine-month period ended 31 December was ¥3,502.340 million, up 4.6% year on year, while segment profit was ¥933.196 million, down 4.1%.」
Intensifying competition continued to result in reviews of messaging prices by major customers and actually affected segment profit. - FY2024-Q2MaterialisedAnnual report
「As intensifying competition also affected the business through factors such as declines in SMS messaging prices, revenue from the SMS Solutions Group for the six-month period ended 30 September was ¥2,286.380 million, up 4.3% year on year, while segment profit was ¥617.991 million, down 6.6%.」
The disclosure states that intensifying competition actually affected performance through declines in SMS messaging prices, giving concrete form to the previously identified risk of intensifying competition. - FY2023RestatedAnnual report
「If competition to acquire users intensifies due to new entrants or the expansion of existing competitors’ services, this could affect the business and performance of the Group.」
Intensifying competition to acquire customers due to new entrants and the expansion of competitors continues to be identified as a risk. - FY2022First statedAnnual report
「If competition to acquire users intensifies due to new entrants or the expansion of existing competitors’ services, this could affect the business and performance of the Group.」
Several competitors offer services similar to each of the Group’s services, and intensifying competition due to new entrants and the expansion of existing competitors is identified as a risk.