Declining differentiation due to similar services and price competition
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If similar services enter the market, existing services add similar functions or content, or other services substantially lower their prices, and we are unable to differentiate ourselves from them, our business and results of operations could be affected.」
The risk of reduced differentiation due to similar services, similar functions and content, and price competition continues to be disclosed. - FY2025RestatedAnnual report
「If similar services enter the market, existing services add similar functions or content, or other services substantially lower their prices, and we are unable to differentiate ourselves from them, our business and results of operations could be affected.」
The risk of reduced differentiation due to similar services, similar functions and content, and price competition continues to be disclosed. - FY2024RestatedAnnual report
「If similar services enter the market, existing services add similar functions or content, or other services substantially lower their prices, and we are unable to differentiate ourselves from them, our business and results of operations could be affected.」
The risk of reduced differentiation due to similar services, similar functions and content, and price competition continues to be disclosed. - FY2023First statedAnnual report
「If similar services enter the market, existing services add similar functions or content, or other services substantially lower their prices, and we are unable to differentiate ourselves from them, our business and results of operations could be affected.」
Educational content, English-focused usability, and the use of AI are described as the 3 sources of competitive advantage.