Risk that the domestic SMS delivery market will not expand as expected
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2023.
Accrete moved to the "Worse" side of this theme in 2024.
1 other company's latest entry also says "Reframed".
- FY2023ReframedAnnual report
「The SMS delivery services market expanded significantly through 2022 as a means of contacting patients who tested positive for COVID-19, but in 2023 its use for that purpose has almost come to an end. Separately from COVID-19-related special demand, the number of companies using SMS and the number of messages delivered have continued to grow as SMS applications have expanded. However, if the SMS delivery services market fails to develop as expected due to the introduction of new legal regulations, technological innovations that eliminate the need for SMS delivery, changes in the policies of mobile network operators or other factors, this could affect the business and financial results of the Group.」
Regarding the risk of insufficient market growth, the Company has reorganized its disclosure to state both the end of COVID-19-related special demand and continued growth from expanded applications, along with risks from regulations, alternative technologies and changes in the policies of mobile network operators. - FY2020RestatedAnnual report
「If the SMS delivery services market fails to develop as expected due to the introduction of new legal regulations, technological innovations that eliminate the need for SMS delivery, changes in the policies of mobile network operators or other factors, this could affect the Company’s business and financial results.」
The Company continues to disclose the risk that the market will fail to grow due to regulations, alternative technologies or changes in the policies of mobile network operators. - FY2019RestatedAnnual report
「If the SMS delivery services market fails to develop as expected due to the introduction of new legal regulations, technological innovations that eliminate the need for SMS delivery, changes in the policies of mobile network operators or other factors, this could affect the Company’s business and financial results.」
The Company continues to disclose the risk that the market will fail to grow due to regulations, alternative technologies or changes in the policies of mobile network operators. - FY2018First statedAnnual report
「If the SMS delivery services market fails to develop as expected due to the introduction of new legal regulations, technological innovations that eliminate the need for SMS delivery, changes in the policies of mobile network operators or other factors, this could affect the Company’s business and financial results.」
While assuming market expansion, the Company expressly identifies failure of the market to grow due to regulations, alternative technologies or changes in the policies of mobile network operators as a risk.