Declining Market Share and Profitability from More Competitors and Intensified Price and Service Competition
First written in FY2016. 10 of 15 entries say "Restated". Latest entry: FY2026.
Recruit Holdings moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
34 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Some of our group’s competitors, particularly major technology companies operating globally, currently have advantages over our group in areas including technology, business models, financial resources, price competitiveness, recognition globally or in specific regions, the size of their existing user bases, client relationships, ability to secure personnel, proprietary services, and sales and marketing capabilities.」
Regarding competition risk, we specified the possibility that major technology companies and others may have advantages in technology, financial resources, pricing, existing user bases, sales capabilities, and other areas. - FY2025WorsenedAnnual report
「There are multiple competitors in the markets in which each of our group’s businesses operates, and because some businesses do not necessarily have high barriers to entry, new entrants, including companies from other industries, can enter the markets relatively easily, causing competition to intensify.」
Regarding competition risk, we continued to explicitly identify the ease of entry and intensifying competition, and also specified the advantages of major technology companies, financial resources, and existing customer bases. - FY2022WorsenedAnnual report
「There are multiple competitors in the markets in which each of our group’s businesses operates, and because some businesses do not necessarily have high barriers to entry, new entrants, including companies from other industries, can enter the markets relatively easily, causing competition to intensify.」
Regarding competition risk, we specified the ease of entry and the competitive advantages of major technology companies, financial resources, price competitiveness, and existing user bases. - FY2020-Q2WorsenedAnnual report
「Because some of our businesses do not necessarily have high barriers to entry, new entrants, including companies from other industries, can enter the markets relatively easily, and competition tends to intensify.」
Regarding competition risk, we specified the ease of entry, the advantages of major technology companies, and the possibility of a substantial loss of market share due to delays in responding to technological innovation. - FY2020-Q1RestatedAnnual report
「During the first quarter, there were no material changes in matters described in the quarterly report concerning the business and financial condition that could materially affect investors’ decisions, nor in the risks described under “Business and Other Risks” in the securities report for the previous fiscal year.」
We stated that there have been no material changes regarding the risk of declines in market share and profitability due to increased competition and price and service competition. - FY2019RestatedAnnual report
「There are numerous competitors in each field of the markets in which our group operates, and their number has tended to increase in recent years.」
We reiterated the risk of declines in market share and profitability due to increased competition, price competition, and delays in responding to technological innovation and changes in needs. - FY2019-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no material changes in matters described in the quarterly report concerning the business and financial condition that could materially affect investors’ decisions, nor in the risks described under “Business and Other Risks” in the securities report for the previous fiscal year.」
We stated that there have been no material changes regarding the risk of declines in market share and profitability due to increased competition and price and service competition. - FY2018-Q3RestatedAnnual report
「During the nine months ended the third quarter, there were no material changes in matters described in the quarterly report concerning the business and financial condition that could materially affect investors’ decisions, nor in the risks described under “Business and Other Risks” in the securities report for the previous fiscal year.」
We stated that there have been no material changes regarding the risk of declines in market share and profitability due to increased competition and price and service competition. - FY2018-Q2RestatedAnnual report
「During the six months ended the second quarter, there were no material changes in matters described in the quarterly report concerning the business and financial condition that could materially affect investors’ decisions, nor in the risks described under “Business and Other Risks” in the securities report for the previous fiscal year.」
We stated that there have been no material changes regarding the risk of declines in market share and profitability due to increased competition and price and service competition. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
We stated that there have been no material changes regarding the risk of declines in market share and profitability due to increased competition and price and service competition. - FY2017RestatedAnnual report
「There are numerous competitors in each field of the markets in which our group operates, and their number has tended to increase in recent years.」
We reiterated the risk of declining competitiveness due to increased competition, price competition, and delays in responding to technological innovation and changes in needs. - FY2017-Q3RestatedAnnual report
「In addition, if our group is unable to maintain its competitiveness because it cannot respond to technological innovation or changes in the needs or preferences of clients and users, or because of mergers, consolidations, or other forms of restructuring among competitors, its performance may be adversely affected.」
We described the risk of declining competitiveness due to competitors’ advantages, industry consolidation among competitors, and delays in responding to technological innovation and changes in needs. - FY2017-Q2RestatedAnnual report
「Some of our group’s competitors in Japan and overseas have advantages over our group in areas including financial resources, price competitiveness, recognition in specific regions, client relationships, ability to secure personnel, technology, proprietary services, and sales and marketing capabilities.」
We continued to describe the risks posed by competitors’ financial resources, pricing, technology, sales capabilities, and other competitive advantages. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
We stated that there have been no material changes regarding the risk of declines in market share and profitability due to increased competition and price and service competition. - FY2016First statedAnnual report
「There are numerous competitors in each field of the markets in which our group operates, and their number has tended to increase in recent years.」
We also noted that additional growth is difficult in areas where we already have a high market share, and that price cuts and the introduction of new services may reduce profitability.