Loss of Support from the Legal Profession and Entry of Competitors
First written in FY2017. 12 of 20 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Update to the key competitive advantage metrics (increased registrations and share)Annual report
「As of the end of the fiscal year, 29,172 lawyers, representing 62.3% of Japan's total of 46,836 lawyers (source: the Japan Federation of Bar Associations website, "JFBA members as of 1 March 2026"), were registered as members of our group services, forming the basis of our group's market advantage,」
The number and percentage of registered lawyers cited as the basis of our competitive advantage were updated to 29,172 and 62.3%, respectively. Support from CloudSign's corporate users was also described as a basis of competitive advantage. - FY2025Update to the key competitive advantage metrics (increased registrations and share)Annual report
「The registration of 28,344 lawyers, representing 62.2% of Japan's total of 45,569 lawyers, as members of our group services forms the basis of our group's market advantage,」
The number and percentage of registered lawyers cited as the basis of our competitive advantage were updated to 28,344 and 62.2%, respectively, as separate risk-disclosure figures from 24,600 and 54.0%. The explanation of the risks of loss of support and competitor entry continues. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new occurrences of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies among the matters concerning business conditions and financial matters described in this interim report, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the major risks, including loss of support and competitor entry. - FY2024Update to the key competitive advantage metrics (increase in registrations, decrease in share)Annual report
「The registration of 23,784 lawyers, representing 51.9% of Japan's total of 45,826 lawyers (source: the Japan Federation of Bar Associations website, "JFBA members as of 1 April 2024"), as members of our group services forms the basis of our group's market advantage,」
The number of registered lawyers increased from 23,659 to 23,784, while their percentage of all lawyers in Japan decreased from 52.6% to 51.9%. - FY2023Update to the key competitive advantage metrics (increase)Annual report
「As of the end of the fiscal year, 23,659 lawyers, representing 52.6% of Japan's total of 44,961 lawyers, were registered as members of our service, forming the basis of our market advantage and creating a business environment that is difficult for competitors to enter,」
The number of registered lawyers cited as the basis of our market advantage was updated from 22,170, or approximately 49.3%, to 23,659, or approximately 52.6%. The competitive risk for CloudSign based on corporate-user support also continues to be disclosed. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the occurrence of the principal risks that management recognizes as potentially having a material impact on the company's financial position, results of operations or cash flows, among the matters relating to the business and accounting conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the major risks, including loss of support from the legal profession and competitor entry. - FY2022ReframedAnnual report
「In addition, our company operates CloudSign, a web-based cloud contract service that allows contracts traditionally executed using paper and seals to be completed entirely online. Support from corporate users is essential to establishing and growing the service.」
In addition to the existing risks involving support from the legal profession and competitor entry, the disclosure identifies loss of corporate-user support for CloudSign and intensified competition from competitor entry as risks, broadening the scope of competition-related risks. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the occurrence of the principal risks that management recognizes as potentially having a material impact on the company's financial position, results of operations or cash flows, among the matters relating to the business and accounting conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in the occurrence of the principal risks that management recognizes as potentially having a material impact on the company's financial position, results of operations or cash flows, among the matters relating to the business and accounting conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2021Update to the key competitive advantage metrics (increase)Annual report
「As of the end of the fiscal year, 21,703 lawyers, representing 50.2% of Japan's total of 43,230 lawyers (source: the Japan Federation of Bar Associations website, "JFBA members as of 1 April 2021"), were registered as members of our service, forming the basis of our market advantage and creating a business environment that is difficult for competitors to enter,」
The number of registered lawyers cited as the basis of our market advantage was updated from 17,130, or 41.6%, to 21,703, or 50.2%. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes in the occurrence of the principal risks that management recognizes as potentially having a material impact on the company's financial position, results of operations or cash flows, among the matters relating to the business and accounting conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
A comprehensive statement says that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in the occurrence of the principal risks that management recognizes as potentially having a material impact on the company's financial position, results of operations or cash flows, among the matters relating to the business and accounting conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor were there any material changes to the business and other risks described in the securities report.」
A comprehensive statement says that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2019Update to the key competitive advantage metrics (increase)Annual report
「As of the end of the fiscal year, 17,130 lawyers, representing 41.6% of Japan's total of 41,155 lawyers (source: the Japan Federation of Bar Associations website, "JFBA members as of 1 April 2019"), were registered as members of our service, forming the basis of our market advantage,」
The number of registered lawyers cited as the basis of our market advantage was updated from 13,180, or 33.8%, to 17,130, or 41.6%. The explanation of the risks of loss of support and competitor entry remains unchanged. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
A comprehensive statement says that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor were there any material changes to the business and other risks described in the securities report.」
It states that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor were there any material changes to the business and other risks described in the securities report.」
A comprehensive statement says that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
A comprehensive statement says that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor were there any material changes to the business and other risks described in the securities report.」
A comprehensive statement says that there have been no material changes regarding loss of support from the legal profession and competitor entry. - FY2017First statedAnnual report
「As of the end of the fiscal year, 13,180 lawyers, representing 33.8% of Japan's total of 39,027 lawyers, were registered as members of our service. This forms the basis of our market advantage and creates a business environment that is difficult for competitors to enter. However, if we lose the support of the legal profession for any reason, or if a competitor enters this service after gaining a certain level of support from the legal profession, intensifying competition may hinder our business expansion and affect our business and financial results.」
The number of registered lawyers and their percentage of all lawyers in Japan form the basis of our market advantage, while loss of support and competitor entry are identified as risks.