Service obsolescence due to technological innovation and changes in industry standards

「The business environment surrounding our corporate group is changing rapidly not only in economic terms but also in technological innovation, with industry standards and the needs of customers and society changing quickly in response.」

「Technological innovation is advancing rapidly, and industry standards and user needs are changing quickly in response. To respond nimbly to these changes, we are pursuing the development of new businesses and ongoing differentiation strategies. However, the emergence of competitors offering innovative services, delays in responding to new technologies, fluctuations in contract prices and other factors could affect the operating performance and other results of our corporate group.」

「Technological innovation is advancing rapidly, and industry standards and user needs are changing quickly in response. If the company is slow to respond to technologies that become new industry standards, the services and products provided by our corporate group could become obsolete, resulting in a decline in competitiveness against competitors.」