Declining competitiveness due to an increase in competing services
First written in FY2022. 1 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2026: 31 of 90 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The Group will continue to pursue strategic management focused on areas where it can clearly differentiate itself from other companies, highly profitable areas, and areas with limited competition, while working to expand its business and maintain and strengthen its competitiveness.」
The Group's measures to maintain competitiveness through selective focus on differentiated, highly profitable, and less competitive areas were reiterated. - FY2023MitigatedAnnual report
「The Group will continue to pursue strategic management focused on areas where it can clearly differentiate itself from other companies, highly profitable areas, and areas with limited competition, while working to expand its business and maintain and strengthen its competitiveness.」
As a response to the risk of increased competition, the Group explicitly stated that it would selectively focus on differentiated, highly profitable, and less competitive areas. - FY2022First statedAnnual report
「The Group's competitiveness may decline due to the emergence of superior competitors, improvements to services by competitors, or the emergence of business models offering greater added value, among other factors.」
The disclosure indicates that increasing competition in image analysis and machine learning could affect competitiveness and business performance.