Risk of Increased Competition and Intensifying Price Competition
First written in FY2022. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The number of marketing companies using location data is increasing, and the technological barriers to entry cannot be considered particularly high. Accordingly, competitors, including major companies with substantial financial and brand strength, may enter the market, and the number of businesses offering similar services is expected to increase.」
The annual report re-discloses the possibility of new competitors entering the market, price competition and a decline in market share. - FY2026-H1DroppedAnnual report
「There are no applicable matters.」
The business and other risks section of the interim report contains no specific mention of the risk of increased competition and intensified price competition. This does not establish that the risk itself has disappeared. - FY2025RestatedAnnual report
「The number of marketing companies using location data is increasing, and the technological barriers to entry cannot be considered particularly high. Accordingly, competitors, including major companies with substantial financial and brand strength, may enter the market, and the number of businesses offering similar services is expected to increase.」
The annual report again discloses the risks of competitor entry, price competition and declining market share. - FY2025-H1DroppedAnnual report
「There are no applicable matters.」
The business and other risks section of the interim report contains no specific mention of the risk of increased competition and intensified price competition. This does not establish that the risk itself has disappeared. - FY2024RestatedAnnual report
「The number of marketing companies using location data is increasing, and the technological barriers to entry cannot be considered particularly high. Accordingly, competitors, including major companies with substantial financial and brand strength, may enter the market, and the number of businesses offering similar services is expected to increase.」
The company continues to identify competitor entry, price competition and declining market share as risks. - FY2024-Q1DroppedAnnual report
「There are no applicable matters.」
The business and other risks section of the quarterly report states, “There are no applicable matters,” and contains no specific mention of the risk of increased competition and intensified price competition. - FY2023RestatedAnnual report
「The number of marketing companies using location data is increasing, and the technological barriers to entry cannot be considered particularly high. Accordingly, competitors, including major companies with substantial financial and brand strength, may enter the market, and the number of businesses offering similar services is expected to increase.」
The company continues to identify competitor entry, price competition and declining market share as risks. - FY2022First statedAnnual report
「As a result, market competition, including price competition, may intensify further, forcing us to lower service prices or causing our market share to decline, which could affect our business performance.」
Because barriers to entry are not particularly high, the company identifies the entry of competitors, including major companies, and the resulting impact on prices and market share as risks.