Komori
Bank of Innovation (4393) · RiskRestated

Maturation of the Smartphone Game Market and Intensifying Competition, Including from Overseas Developers

First written in FY2018. 13 of 16 entries say "Restated". Latest entry: FY2025.

16entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY20252018: 12019: 420192020: 120202021: 420212022: 220222023: 120232024: 220242025: 12025
Same theme, other companies
Slowing Growth and Intensifying Competition in Japan’s Mobile Game MarketA theme 21 companies write about · 21 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2022: 5 of 14 companies on the "Worse" side.

9 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「In the environment surrounding Japan's domestic smartphone gaming market, the market size has remained stable, while competition has intensified due to market maturation and the entry of overseas developers, widening the gap between companies.」

    The company continues to describe the stable market size and intensifying competition resulting from market maturation and the entry of overseas developers.
  2. FY2024-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company reconfirms that there have been no material changes in the major risks, including market maturation and intensifying competition from overseas companies.
  3. FY2024-Q1RestatedAnnual report

    「During the first three months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company reconfirms that there have been no material changes in the major risks, including market maturation and intensifying competition from overseas companies.
  4. FY2023-Q1RestatedAnnual report

    「During the first three months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company reconfirms that there have been no material changes in the major risks, including market maturation and intensifying competition from overseas companies.
  5. FY2022-Q3RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company reconfirms that there have been no material changes in the major risks, including market maturation and intensifying competition from overseas companies.
  6. FY2022-Q1RestatedAnnual report

    「In the business environment surrounding our Group, Japan's game app market continued to show stable growth in 2020, with a market size of ¥1.2113 trillion (Source: Kadokawa ASCII Research Laboratories, Inc., Famitsu Mobile Game White Paper 2021).」

    Although the market size has remained stable, there has been no material change in the positioning of the competitive environment, including overseas companies, as a major risk.
  7. FY2021RestatedAnnual report

    「The smartphone gaming market in Japan, the business area of our group, has remained stable at approximately ¥1 trillion, although competition has intensified due to the entry of overseas companies and other factors.」

    The company continues to identify the stable market size and intensifying competition resulting from the entry of overseas companies as risks.
  8. FY2021-Q3RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the risks described in the previous consolidated fiscal year, including market maturation and intensifying competition from overseas companies.
  9. FY2021-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the risks described in the previous consolidated fiscal year, including market maturation and intensifying competition from overseas companies.
  10. FY2021-Q1RestatedAnnual report

    「During the first nine months of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies, among matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the risks described in the previous consolidated fiscal year, including market maturation and intensifying competition from overseas companies.
  11. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risks described in the previous fiscal year, including market maturation and intensifying competition from overseas companies.
  12. FY2019WorsenedAnnual report

    「However, as the Japanese market matures, Chinese and other companies that have successfully expanded overseas are increasing their market share.」

    The company explicitly identifies the expansion of market share by Chinese and other companies in addition to market maturation, underscoring the severity of the competitive environment, including competition from overseas companies.
  13. FY2019-Q3RestatedAnnual report

    「The smartphone game industry, which is our business area, is facing continued intense competition among companies, as numerous new titles, including those from overseas developers, enter the market daily while the domestic market matures and it becomes more difficult to produce a hit.」

    As in the previous quarter, the company describes the increasing difficulty of producing a hit and the entry of new competitors, including overseas companies, as risks related to market maturation and intensifying competition.
  14. FY2019-Q2WorsenedAnnual report

    「The smartphone game industry is facing continued intense competition among companies, as numerous new titles, including those from overseas developers, enter the market daily while the domestic market matures and it becomes more difficult to produce a hit.」

    Regarding the risks of market maturation and intensifying competition, the company has added specific circumstances, including the increasing difficulty of producing a hit and numerous new entrants, including overseas companies.
  15. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risks described in the previous fiscal year, including market maturation and intensifying competition.
  16. FY2018First statedAnnual report

    「We seek to differentiate ourselves through our production technology for original 2D graphics and continue providing high-quality game applications. However, if intensifying competition with other companies in the industry prevents us from maintaining our competitive advantage, the number of users of our smartphone games may decline, affecting our business and financial results.」

    The company pursues differentiation through high-quality 2D graphics, while identifying the loss of its competitive advantage and a decline in users due to intensifying competition as risks.
Moved together

"Reliance on Borrowing and Rising Funding Costs" moved the same way as this thread, in the same document, in 2 of its 16 moves.

222★123
  1. ★This thread
  2. 1Reliance on Borrowing and Rising Funding Costs2×
  3. 2Stable Growth in the Smartphone Gaming Market Driven by Hit Titles2×
  4. 3Dilution of Share Value from the Exercise of Stock Acquisition Rights2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Bank of Innovation yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Maturation of the Smartphone Game Market and Intensifying Competition, Including from Overseas Developers | Bank of Innovation,Inc. (4393) | Komori