Intensifying competition from domestic and overseas competitors and new entrants
First written in FY2022. 10 of 15 entries say "Materialised", first in FY2024. Latest entry: 2026-09-10.
The whole theme swung hardest in 2026: 30 of 90 companies on the "Worse" side.
- 2026-09-10WorsenedEarnings presentation materials
「競合環境変化に伴うカジュアル層の動向変化の影響拡大により、ポイントPUおよびポイント販売売上の減少が継続したものの、ロイヤル層のエンゲージメント維持によりポイントARPPUはYoY・計画比ともに増加傾向が続き、より高収益なユーザー基盤へのシフトが進行。」
競合環境変化の影響拡大が、ポイントPUおよびポイント販売売上の減少として実績に表れた。 - FY2027-H1MaterialisedAnnual report
「Monthly average points PU (Paid User, or the number of paying users) was strongly affected by changes in the competitive environment in Japan's live-streaming services market, falling to 57 thousand, down 15.7% year on year,」
The changing competitive environment in Japan's live-streaming market continued to be reflected in results, with the number of paying users down 15.7% year on year. - FY2026MaterialisedAnnual report
「As a result of the expanding shift from point sales to membership subscriptions on our TwitCasting service and the impact of changes in the competitive landscape in Japan's live-streaming services market, monthly average point PU (short for Paid User, meaning the number of paying users) fell below the initial forecast」
Changes in the competitive landscape continued to be reflected in actual results as the number of paying users falling short of expectations. - FY2025MaterialisedAnnual report
「Due to the impact of changes in the competitive landscape resulting from the growing user base of global platforms and the diversification of creator activities in Japan's live-streaming services market」
Changes in the competitive landscape resulting from the growing user base of global platforms and the diversification of creator activities were reflected in actual results as PU falling short of expectations and sluggish growth in point sales revenue. - FY2025-Q1MaterialisedAnnual report
「It did not recover from the downward trend caused by the continuing impact of changes in the competitive landscape in Japan's live-streaming services market since the previous fiscal year」
Changes in the competitive landscape in Japan's live-streaming market continued to affect results during the quarter, reflected in downward trends in the number of paying users and point sales revenue. - FY2024MaterialisedAnnual report
「Affected by changes in the competitive landscape resulting from the growing user base of global platforms in Japan's live-streaming services market」
It states that changes in the competitive landscape resulting from the growing user base of global platforms were reflected in actual results as declines in PU and point sales revenue. - FY2024-Q1RestatedAnnual report
「In the video-posting and live-streaming market targeted by the Company, the market is expected to continue expanding soundly due to the entry of global social networking platforms into live-streaming services and the resulting increase in service users.」
It continues to describe the competitive landscape resulting from global social media platforms entering the live-streaming services market. - FY2023RestatedAnnual report
「Many companies are currently entering the smartphone-based live-streaming services market, resulting in intense competition with domestic and overseas companies.」
Intensifying competition from domestic and overseas competitors and new entrants continues to be identified as a key risk. - FY2023-Q3WorsenedAnnual report
「The market is expected to continue expanding, particularly in the live-streaming market, as the competitive landscape changes with the full-scale entry of global platforms and the resulting increase in new users.」
It stated that the competitive landscape in the live-streaming market had changed following the full-scale entry of global platforms. - FY2022First statedAnnual report
「Many companies are currently entering the smartphone-based live-streaming services market, resulting in intense competition with domestic and overseas companies.」
Competition with companies possessing financial strength, marketing capabilities, brand recognition and new-service development capabilities is identified as a risk.