Competition to Acquire Franchisees and Price Competition with Rival Companies
First written in FY2016. 7 of 11 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 35 of 84 companies on the "Worse" side.
108 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The prepaid card system industry in which our group operates is engaged in fierce competition with other companies to acquire member stores.」
It continues to recognise competition with other companies to acquire member stores as a key risk. - FY2020-Q3RestatedAnnual report
「Affected by intensifying competition with competitors as the number of member stores declined and the market contracted, results were below the previous year as follows.」
Intensifying competition with competitors resulting from the decline in the number of member stores and market contraction continues to be cited as a factor behind performance falling below the same period of the previous year. - FY2020-Q2WorsenedAnnual report
「Due to factors including the decline in the number of member stores and intensifying competition with competitors as the market contracted, and because the anticipated rush demand ahead of the consumption tax increase was weak, results were below the previous year as follows.」
In addition to intensifying competition resulting from the decline in the number of member stores and market contraction, rush demand before the consumption tax increase was weak, resulting in performance below the same period of the previous year. - FY2020-Q1RestatedAnnual report
「Due to factors including the decline in the number of member stores and intensifying competition with competitors as the market contracted, results were below the previous year as follows.」
Intensifying competition resulting from the decline in the number of member stores and market contraction continues to be cited as a factor behind results falling below the same period of the previous year. - FY2019RestatedAnnual report
「The prepaid card system industry in which our group operates is engaged in fierce competition with other companies to acquire member stores.」
It continues to recognise fierce competition with other companies to acquire member stores in the prepaid card system industry as a risk. - FY2019-Q3WorsenedAnnual report
「Due to factors including the decline in the number of member stores and intensifying competition with competitors as the market contracted, results were below the previous year as follows.」
The decline in the number of member stores and intensifying competition with competitors as the market contracted are specifically identified as factors behind the year-on-year declines in revenue and profit. - FY2017RestatedAnnual report
「In the prepaid card system sector, competition is currently under way to win a limited number of stores in a sluggish market.」
It describes continued competition to acquire member stores as the market contracts. It also explains that by curbing excessive discounting, it kept the decline in gross profit to a small margin. - FY2017-Q3RestatedAnnual report
「In terms of profit, however, the company placed a certain restraint on discounted sales caused by excessive price competition and worked to secure profit. As a result, gross profit was slightly higher than in the same quarter of the previous year.」
It continues to describe measures to secure profit by restraining discounted sales. - FY2017-Q2MitigatedAnnual report
「The company focused its sales activities on expanding card units and medal vending machines at existing member stores, where price competition was relatively limited, and switching to per-machine counting systems.」
It focused sales activities on expansions and replacements for existing member stores subject to relatively limited price competition, thereby addressing exposure to price declines caused by intensifying competition. - FY2017-Q1RestatedAnnual report
「As the market continued to contract without restraint due to pachinko halls closing or going out of business, and selling prices declined amid fierce price competition, revenue and gross profit from equipment sales, card revenue and system usage fee revenue all fell below the same quarter of the previous year.」
The market contraction and lower selling prices caused by price competition continued to appear as year-on-year declines in revenue and gross profit for equipment, cards and system usage fees. - FY2016MaterialisedAnnual report
「As the market continued to contract without restraint due to pachinko halls closing or going out of business, and selling prices declined amid fierce price competition, revenue and gross profit from all product categories fell below the previous fiscal year.」
It states that competition and lower selling prices resulted in actual declines in revenue and gross profit.