Intensifying Competition in the Foreign Exchange Margin Trading Industry
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 3 of 10 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2025RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2024RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2023RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2022RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2021RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2020RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
Continues to describe intensifying competition to acquire customers, including among securities companies, online banks and major companies from other industries. - FY2018RestatedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
The intensifying competition to acquire customers, including from companies in other industries, and the potential impact on performance if differentiation efforts fail continue to be identified as risks. - FY2016First statedAnnual report
「Competition to acquire customers in the foreign exchange margin trading industry is intensifying, driven not only by securities companies and online banks but also by the full-scale entry of major companies from other industries.」
The Company states that if its differentiation efforts are unsuccessful, narrower spreads and higher customer acquisition costs could affect performance.