Declining Service Competitiveness Due to Intensifying Competition and Technological Innovation
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
- FY2026-H1ReframedAnnual report
「The following change will be made to “6. Technological innovation” under “(1) Risks relating to the business and business environment” in “Risks of business, etc.” in the annual securities report for the previous fiscal year: 6. Risks associated with the rapid advancement of AI technology」
The general technological-innovation risk was expressly changed to a risk associated with the rapid advancement of AI technology, including lower contract prices, intensified competition and lost order opportunities due to delays in acquiring technology. - 2026-03-30RestatedManagement Planning
「However, if our services and their prices or technology cease to have an advantage due to the entry of companies providing services similar to those of the Group, the pricing competitiveness, service development capabilities or entry of new technologies and business models by competitors, or other factors, this could affect the Group’s business, results of operations and financial position.」
The risk of declining competitiveness due to the entry of competitors, price competition and changes in technology or business models was reiterated. - FY2022First statedAnnual report
「Technological innovation and changes in customer needs are occurring extremely rapidly, resulting in intense competition in development technology and sales. If the Group is slow to respond to unexpected technological innovation or rapid changes in customer needs, if technological innovation or new technologies emerge faster than anticipated, or if the technologies and services provided by the Group become obsolete, this could cause a decline in the Group's competitiveness,」
The risk of declining competitiveness if the Group cannot respond to technological innovation, changing customer needs, new entrants or price competition was first disclosed in a consolidated form.