Increase in Competitors and Intensifying Competition
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2023RestatedAnnual report
「Because of the uniqueness of the areas targeted by the company's business, no operator currently offers the same business model in this market, although the company recognizes that the markets overlap in some of the services offered by certain operators.」
Although no competitor currently offers the same business model, market overlap with e-commerce operators and others, as well as intensifying competition from future new entrants, continues to be identified as a risk. - FY2021SoftenedAnnual report
「Because of the uniqueness of the areas targeted by the company's business, no operator currently offers the same business model in this market, although the company recognizes that the markets overlap in some of the services offered by certain operators.」
Regarding competitive risk, the company states that no operator currently offers the same business model and limits its discussion of competition to market overlap and future new entrants. - FY2020RestatedAnnual report
「However, if competition intensifies due to the expansion of competitors' businesses or the entry of new operators in Japan and overseas, this may affect the company's operating results and financial condition.」
The risk of intensifying competition from offline trade fairs, existing e-commerce operators and new entrants has been reiterated. - FY2019First statedAnnual report
「Numerous crowdfunding operators have entered the market and are developing their businesses, creating competitive relationships, while competition in business services has also arisen with some existing e-commerce operators.」
While pursuing differentiation through know-how, brand awareness, improved reliability and other factors, the company identifies intensifying competition resulting from new entrants in Japan and overseas as a risk.