Intensifying Competition in the Digital Comics Market
First written in FY2018. 12 of 24 entries say "Materialised", first in FY2023-Q1. Latest entry: 2026-08-13.
The whole theme swung hardest in 2026: 31 of 90 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「Meanwhile, competition in the e-book market remains intense. In addition to the declining trend in active users, revenue from charges per user has remained weak, resulting in lower paid revenue.」
It continues to describe the difficult competitive environment, the downward trend in active-user numbers, and weak paid revenue per user as factors contributing to the decline in paid revenue. - FY2025MaterialisedAnnual report
「Meanwhile, competition in the digital-book market remains intense. In addition to the downward trend in active-user numbers, advertising revenue per unit has declined as advertising market conditions have deteriorated.」
It states that, amid the continuing difficult competitive environment, the downward trend in active-user numbers and the effects of the competitive and market environment continue to appear in business metrics. - FY2025-H1MaterialisedAnnual report
「Meanwhile, competition in the digital-book market remains intense. In addition to the downward trend in active-user numbers, advertising revenue per unit has declined as advertising market conditions have deteriorated.」
It states that the continuing difficult competitive environment has resulted in a downward trend in active-user numbers, with the effects of the competitive and market environment appearing in business metrics. - FY2024MaterialisedAnnual report
「Revenue (¥ thousand) 3,586,406; cumulative MangaBANG! downloads (thousand downloads) 33,189」
Amid the continuing competitive environment, it disclosed revenue of ¥3,586.406 million for the manga app business and cumulative MangaBANG! downloads of 33,189 thousand. - FY2024-Q2MaterialisedAnnual report
「Meanwhile, the digital-book market is expected to gradually become saturated as digital-book business models diversify and mature. In addition, the persistently difficult competitive environment, stagnation in the global economy, and domestic inflation caused stagnation in active-user growth and a decline in paid revenue per user, while deterioration in advertising market conditions lowered advertising rates, resulting in lower advertising revenue.」
It states that the difficult competitive environment, stagnation in the global economy, and domestic inflation also appeared during the cumulative second-quarter period as stagnation in active-user growth and a decline in paid revenue per user. - FY2024-Q1MaterialisedAnnual report
「Meanwhile, the digital-book market is expected to gradually become saturated as digital-book business models diversify and mature. In addition, the persistently difficult competitive environment, stagnation in the global economy, and domestic inflation are causing stagnation in active-user growth and a decline in paid revenue per user.」
It states that the difficult competitive environment, stagnation in the global economy, and domestic inflation appeared in actual business conditions during the quarter as stagnation in active-user growth and a decline in paid revenue per user. - FY2023MaterialisedAnnual report
「The persistently difficult competitive environment, stagnation in the global economy, and domestic inflation are causing stagnation in active-user growth and a decline in paid revenue per user.」
It states that the difficult competitive environment and other factors continue to appear in business performance as stagnation in active-user growth and a decline in paid revenue per user. Cumulative MangaBANG! downloads reached 31,513 thousand. - FY2023-Q3MaterialisedAnnual report
「In addition to continuing to cause stagnation in active-user growth and a decline in paid revenue per user, the difficult competitive environment, stagnation in the global economy, and domestic inflation caused advertising rates to decline as advertising market conditions deteriorated, resulting in lower advertising revenue.」
It continues to state that the difficult competitive environment, stagnation in the global economy, and domestic inflation are causing stagnation in active-user growth and a decline in paid revenue per user. - FY2023-Q2MaterialisedAnnual report
「In addition, the persistently difficult competitive environment, stagnation in the global economy, and domestic inflation are causing stagnation in active-user growth and a decline in paid revenue per user.」
It states that, in addition to the difficult competitive environment, stagnation in the global economy and domestic inflation are causing stagnation in active-user growth and a decline in paid revenue per user. - FY2023-Q1MaterialisedAnnual report
「Meanwhile, paid revenue declined due to the persistently difficult competitive environment and the easing of restrictions on behavior associated with the spread of COVID-19.」
It was reported that paid revenue declined in actual business performance due to the difficult competitive environment and the easing of restrictions on behavior, among other factors. - FY2022Updated cumulative download figuresAnnual report
「Revenue (¥ thousand) 3,386,580 7,524,525 7,507,568 6,547,840 Cumulative MangaBANG! downloads (thousand downloads) 11,905 18,312 23,672 28,348 Cumulative Manga Tote downloads (thousand downloads) — 258 1,266 1,624」
The disclosure on the competitive environment has been updated to add revenue for the fiscal year ended September 2022, cumulative MangaBANG! downloads of 28,348 thousand, and cumulative Manga Tote downloads of 1,624 thousand. - FY2022-Q3RestatedAnnual report
「The persistently difficult competitive environment, changes in user behavior accompanying improvements in the COVID-19 situation, and the growing number of users of pirated websites are believed to be major factors behind the stagnation in active-user growth and the decline in paid revenue per user.」
It continues to identify the difficult competitive environment, changes in user behavior accompanying improvements in the COVID-19 situation, and the growing number of users of pirated websites as risks affecting active-user numbers and paid revenue per user. - FY2022-Q2RestatedAnnual report
「Meanwhile, the digital-book market is expected to gradually become saturated as digital-book business models diversify and mature. In addition, the persistently difficult competitive environment, changes in user behavior accompanying improvements in the COVID-19 situation, and the growing number of users of pirated websites are believed to be major factors behind the stagnation in active-user growth and the decline in paid revenue per user.」
It continues to identify market saturation, intense competition, changes in user behavior accompanying improvements in the COVID-19 situation, and the growing number of users of pirated websites as risks affecting active-user numbers and paid revenue per user. - FY2022-Q1WorsenedAnnual report
「Meanwhile, the digital-book market is expected to gradually become saturated as digital-book business models diversify and mature. In addition, the persistently difficult competitive environment, changes in user behavior accompanying improvements in the COVID-19 situation, and the growing number of users of pirated websites are believed to be major factors behind the stagnation in active-user growth and the decline in paid revenue per user.」
It describes intensified competition, changes in user behavior accompanying improvements in the COVID-19 situation, and the growing number of users of pirated websites as major factors behind the stagnation in active-user growth and the decline in paid revenue per user, specifying the impact of these risks on business metrics. - FY2021RestatedAnnual report
「However, if intensified competition prevents ARPU (average revenue per user) growth and user acquisition from progressing as expected, it may affect our business performance.」
It continues to identify intensified competition resulting from the entry of competing companies and its impact on ARPU growth and user acquisition as risks. - FY2021-Q3RestatedAnnual report
「Meanwhile, the growing number of users of pirated websites and intensifying competition, among other factors, are believed to be major factors behind the stagnation in active-user growth and the decline in paid revenue per user.」
It continues to identify the growing number of users of pirated websites and intensifying competition as risks affecting active-user numbers and paid revenue per user. - FY2021-Q2WorsenedAnnual report
「Meanwhile, the growing number of users of pirated websites and intensifying competition, among other factors, are believed to be major factors behind the stagnation in active-user growth and the decline in paid revenue per user.」
It describes intensifying competition and the growing number of users of pirated websites as “major factors” behind the stagnation in active-user growth and the decline in paid revenue per user, strengthening the description of the risk impact from “one factor” in the previous quarter. - FY2021-Q1WorsenedAnnual report
「In addition to intensifying competition, the growing number of users of pirated websites is believed to be one factor behind the stagnation in active-user growth and the decline in paid revenue per user.」
In addition to intensifying competition, the growing number of users of pirated websites is recognized as a factor behind the decline in user numbers and paid revenue, broadening the potential impact of competitive risks. - FY2019RestatedAnnual report
「In recent years, many companies have entered the market, intensifying competition. In this competitive environment, we have expanded and differentiated our services proactively, increasing the value we provide.」
It continues to recognize intensifying competition resulting from the increasing number of market entrants as a risk and is responding by expanding and differentiating its services. - FY2018First statedAnnual report
「Meanwhile, competition has intensified as competing companies have entered the market.」
It cites the possibility that intensified competition may prevent ARPU growth and user acquisition from progressing as expected. Revenue was ¥1,375.5 million, and cumulative MangaBANG! downloads were 7,795 thousand.