Intensifying Competition and Changes in Platform Operators’ Terms
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2023: 3 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「If competition intensifies due to new entrants and competition with other companies, making it impossible to enter into contracts at the anticipated unit prices, this could affect the Company's financial position and operating results.」
The risks of price pressure from intensifying competition and changes in terms or service discontinuation by platform companies such as Apple, Google and Microsoft continue to be disclosed. - FY2020First statedAnnual report
「If competition intensifies due to new entrants and competition with other companies, making it impossible to enter into contracts at the anticipated unit prices, this could affect the Company's financial position and operating results. The Company also provides CLOMO services using the operating systems and infrastructure supplied by so-called platform companies, including Apple Inc., Google LLC and Microsoft Corporation.」
The disclosure addresses both price pressure from competitors and changes in the pricing structures, usage restrictions and service offerings of operating system and infrastructure providers.