TWOSTONE&Sons (7352) · RiskRestated
Risk of fluctuations in customer acquisition and revenue due to changes in search engine algorithms
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Decline in SEO-Driven Customer Acquisition Due to Search Engine Algorithm ChangesA theme 77 companies write about · 77 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2025: 10 of 27 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 77 companies compared. The sentences above are computed from all 77.Full recordFilings, disclosures and news, newest first
- FY2021RestatedAnnual report
「However, if a search engine provider changes its search algorithm and search-result rankings change, or if a new search engine becomes mainstream, adapting SEO measures to that search engine may take time, potentially materially affecting our business and performance.」
The company continues to disclose the risk of effects on customer acquisition and performance from search algorithm changes and shifts in the mainstream search engine. - FY2020First statedAnnual report
「If a search engine provider changes its search algorithm and search-result rankings change, or if a new search engine becomes mainstream, adapting SEO measures to that search engine may take time, potentially materially affecting our business and performance.」
The company identifies as risks its dependence on search engines such as Google for customer acquisition and the effects of algorithm changes or changes in the mainstream search engine.