Intensifying Competition and Bid Price Competition Risk in NHK Contracts
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「Since the media reports in question, there have been no new bid awards or contract extensions for existing projects, and as of the end of September 2023, all NHK-related work commissioned to the Company had ended.」
As all NHK-related work has ended, the previously identified future risks of intensifying competition and price competition in NHK bidding have been removed from the current business risks. - FY2022RestatedAnnual report
「However, if the number of companies increases and competition intensifies in the future, it may become difficult to win new projects, and we may be drawn into severe price competition in bidding, which could affect our group's results.」
The Company continues to identify the difficulty of winning new projects as competition increases and the risk of price competition in bidding for NHK-related work. - FY2021First statedAnnual report
「However, if the number of companies increases and competition intensifies in the future, it may become difficult to win new projects, and we may be drawn into severe price competition in bidding, which could affect our group's results.」
For NHK services, the company separately identifies the risk of difficulty winning new projects and bidding-price competition resulting from an increase in competitors.