Risk of Intensifying Competition, User Churn and Rising Acquisition Costs
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2022.
4 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group's business development may be affected in the future by intensified competition, user attrition, and increased user acquisition costs resulting from the entry of companies with substantial capital resources and strong brand recognition.」
Continuing to identify the risks of intensifying competition, user attrition, and higher user acquisition costs. - FY2020RestatedAnnual report
「The Group's business development may be affected by intensified competition, user attrition, and increased user acquisition costs resulting from the entry of companies with substantial capital resources and strong brand recognition.」
Continuing to identify the risks of intensifying competition, user attrition, and higher user acquisition costs. - FY2019RestatedAnnual report
「The Group's business development may be affected in the future by intensified competition, user attrition, and increased user acquisition costs resulting from the entry of companies with substantial capital resources and strong brand recognition.」
Continuing to identify the risks of intensifying competition, user attrition, and higher user acquisition costs. - FY2017RestatedAnnual report
「The Group's business development may be affected in the future by intensified competition, user attrition, and increased user acquisition costs resulting from the entry of companies with substantial capital resources and strong brand recognition.」
Continuing to identify the risks of intensifying competition, user attrition, and higher user acquisition costs. - FY2016First statedAnnual report
「The Group's business development may be affected by intensified competition, user attrition, and increased user acquisition costs resulting from the entry of companies with substantial capital resources and strong brand recognition.」
The entry of major companies is identified as a risk that could erode the competitive advantage.