Responding to Technological Innovation, Intensifying Competition, and Price Competition
First written in FY2016. 16 of 19 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the technological innovation and intensifying competition in the information and communications network market, as well as its policy of responding flexibly. - FY2024-Q3RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market resulting from rapid technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2022-Q3RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2021WorsenedAnnual report
「If expected sales revenue declines significantly due to the obsolescence of information and communications network products, expenses or losses may be recognized at one time, up to the ¥1,346 million in embedded equipment software recorded in the consolidated financial statements for the current consolidated fiscal year.」
The report specifies the possibility of a one-time expense or loss capped at ¥1,346 million in embedded equipment software as a significant accounting estimate related to the risks of technological innovation and product obsolescence. - FY2021-Q3RestatedAnnual report
「The information and communications network market, the group's core market, is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2021-Q2RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market environment resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2020ReframedAnnual report
「If the group fails to achieve the anticipated demand as a result of competition, or if product prices decline significantly, it may recognize impairment losses on products recorded as inventories, which could adversely affect its operating results and financial condition.」
The report newly specifies the possibility of inventory impairment losses resulting from insufficient demand or declining prices as consequences of technological innovation, intensifying competition, and price competition. - FY2019RestatedAnnual report
「The information and communications network market in which the group operates is exposed to rapid technological innovation and intense competition.」
The group reaffirms the risks of technological innovation, new competitors entering the market, competition for market share, and price competition. - FY2019-Q3RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market environment resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2019-Q2RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market environment resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2019-Q1RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market environment resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2018RestatedAnnual report
「The information and communications network market in which the group operates is exposed to rapid technological innovation and intense competition. The group will seek to expand its market share by providing new products that meet market requirements in a timely manner and improving its services. However, the group's products and services may face intense price competition as rival companies enter the market and compete to gain market share, which could adversely affect the group's operating results and financial condition.」
The group reaffirms the risks of technological innovation, new competitors entering the market, competition for market share, and price competition, as well as its policy of responding with new products and services. - FY2018-Q3RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the market environment resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2018-Q2RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group reaffirms the changes in the information and communications network market resulting from technological innovation and intensifying competition, as well as its policy of responding flexibly. - FY2018-Q1RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group continues to recognize changes in the market environment resulting from technological innovation and intensifying competition, and states its policy of responding flexibly. - FY2017RestatedAnnual report
「The group will continue to accurately identify changes in technology and the market and develop new products that meet customer needs. However, if it is unable to provide these products in a timely manner, its operating results and financial condition could be adversely affected. In addition, if the product-development process is prolonged because of increasingly diverse market demands for services, new products may become obsolete and lose their marketability before being launched.」
The report restates in specific terms the risks of delays in responding to technological innovation and customer needs, prolonged development, and product obsolescence. - FY2017-Q3RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group continues to recognize changes in the market environment resulting from rapid technological innovation and intensifying competition, and states its policy of responding flexibly. - FY2017-Q2RestatedAnnual report
「The information and communications network market in which the group operates is undergoing rapid change due to rapid technological innovation and intensifying competition. The group seeks to respond flexibly to these changes and formulate the best management policies based on the current business environment and available information.」
The group continues to recognize changes in the market environment resulting from rapid technological innovation and intensifying competition, and states its policy of responding flexibly. - FY2016First statedAnnual report
「The information and communications network market is exposed to rapid technological innovation and intense competition. The group will seek to expand its market share by providing new products that meet market requirements in a timely manner and improving its services. However, the group's products and services may face intense price competition as rival companies enter the market and compete to gain market share.」
The group identifies technological innovation, new competitors entering the market, competition for market share, and price competition as major business risks.