Intensifying Competition in the Auto Credit Warranty Market
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2026RestatedAnnual report
「If used-car sales volumes remain sluggish in the future, competition in the finance and breakdown warranty businesses is expected to intensify. If margins and market share decline as a result」
While the used-car market remains flat, the Group continues to identify the risk of intensifying competition in the finance and breakdown warranty markets when sales volumes remain sluggish. - FY2024RestatedAnnual report
「Going forward, if sluggish used-car sales cause competition in the finance and breakdown warranty markets to intensify, resulting in lower margins or market share」
While describing a recovery in the used-car sales market, the Group continues to identify the risk of intensifying competition in the finance and breakdown warranty markets when sales volumes remain sluggish. - FY2019RestatedAnnual report
「If competition in the auto credit and warranty markets intensifies in the future, resulting in lower margins or market share」
The Group reiterates the risk of intensifying competition in the auto credit and warranty markets. - FY2018First statedAnnual report
「If competition in the auto credit and warranty markets intensifies in the future, resulting in lower margins or market share, this could affect the Group’s operating performance and financial position.」
The Group identifies lower margins and market share resulting from intensifying competition as a standalone business risk.