Price Decline Due to Intensifying AI-OCR Competition
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Many similar services exist for accounting-document reading technology using AI-OCR, our Group's core technology, and the number of AI-based services has also been increasing recently, creating a risk that price competition will reduce unit revenue.」
The company continues to identify the risk of lower unit revenue from increasing similar AI-OCR services and price competition, positioning generative AI-based accounting judgment capabilities as a differentiator. - FY2024RestatedAnnual report
「Many similar services exist for accounting-document reading technology using AI-OCR, our core technology, and the number of AI-based services has also been increasing recently, creating a risk that price competition will reduce unit revenue.」
The company continues to identify the risk of lower unit revenue from increasing similar AI-OCR services and price competition, with patents and accounting specialization as countermeasures. - FY2023First statedAnnual report
「Many similar services exist, and the number of AI-based services has also been increasing recently, creating a risk that price competition will reduce unit revenue.」
The company identifies the increase in similar AI-OCR accounting-document services and price competition as risks that could reduce unit revenue.