Intensifying Competition from Existing Operators and New Entrants
First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Multiple operators have entered the real estate investment sector in which we operate, and the competitive environment has changed in recent years, including cases in which competitors have joined the groups of major real estate information service providers.」
The disclosure illustrates the changing competitive environment with examples of competitors joining the groups of major real estate information service providers. - FY2024RestatedAnnual report
「If existing businesses expand or major companies and others make a full-scale entry into this field, intensifying competition to attract real estate investors and real estate companies, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Continues to identify the risk of intensifying competition due to expansion by existing businesses and entry by major companies. - FY2023RestatedAnnual report
「If existing businesses expand or major companies and others make a full-scale entry into this field, intensifying competition to attract real estate investors and real estate companies, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Continues to identify the risk of intensifying competition due to expansion by existing businesses and entry by major companies. - FY2022RestatedAnnual report
「If existing businesses expand or major companies and others make a full-scale entry into this field, intensifying competition to attract real estate investors and real estate companies, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Continues to identify the risk of intensifying competition due to expansion by existing businesses and entry by major companies. - FY2021RestatedAnnual report
「The Company recognizes that, through its proprietary SEO and content expertise, it has secured a certain number of members, real estate companies and market share in the current real estate investment portal sector and maintains a competitive advantage. However, if existing businesses expand or major companies and others make a full-scale entry into this field, intensifying competition to attract real estate investors and real estate companies, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Continues to recognize the Company's competitive advantage based on its proprietary SEO and content expertise, while identifying the risk of intensifying competition in the future. - FY2019RestatedAnnual report
「The Company recognizes that, through its proprietary SEO and content expertise, it has secured a certain number of members, real estate companies and market share in the current real estate investment portal sector and maintains a competitive advantage. However, if existing businesses expand or major companies and others make a full-scale entry into this field, intensifying competition to attract real estate investors and real estate companies, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Continues to recognize that entry by major companies is limited and that the Company maintains a competitive advantage through its proprietary expertise, while identifying the risk of intensifying competition in the future. - FY2018RestatedAnnual report
「The Company recognizes that full-scale entry and expansion by major businesses remain limited at present. It also recognizes that, through its proprietary SEO and content expertise, it has secured a certain number of members, real estate companies and market share in the current real estate investment portal sector and maintains a competitive advantage. However, if existing businesses expand or major companies and others make a full-scale entry into this field, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Continues to recognize that entry by major companies is limited and that the Company maintains a competitive advantage through its proprietary expertise, while describing the competitive risks. - FY2017SoftenedAnnual report
「The Company recognizes that full-scale entry and expansion by major businesses remain limited at present. It also recognizes that, through its proprietary SEO and content expertise, it has secured a certain number of members, real estate companies and market share in the current real estate investment portal sector and maintains a competitive advantage.」
While describing competitive risks, explains that entry by major companies is currently limited and that the Company has proprietary expertise and a certain competitive advantage. - FY2016First statedAnnual report
「If existing businesses expand or major companies and others make a full-scale entry into this field, intensifying competition to attract real estate investors and real estate companies, price competition and higher member acquisition costs may affect the Company's operating results and financial condition.」
Describes price competition and higher acquisition costs resulting from expansion by existing businesses and entry by major companies.