Risks from technological innovation and changing purchasing habits as e-commerce expands
First written in FY2020. 2 of 5 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2026: 34 of 95 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「We are continuing to develop new functions, including the introduction of the AI-powered AXEL2.0 search engine, which has significantly improved search capabilities, and the release of a system that automates end users' ordering and inventory management operations.」
In response to the risks of technological innovation and changes in purchasing habits, the company advanced the development and introduction of AI-powered search and automated ordering and inventory management functions. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the risks of technological innovation and changes in purchasing habits associated with e-commerce expansion. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes regarding the risks of technological innovation and changes in purchasing habits associated with e-commerce expansion. - FY2021MitigatedAnnual report
「To avoid such circumstances, our group is working to establish a high-value-added e-commerce business brand differentiated by combining the industry's leading range of specialized products with IT and logistics capabilities, while monitoring information on IT and communications technologies to keep abreast of the latest technological trends and incorporating the human interaction provided by services.」
In response to the risks of technological innovation and changes in purchasing habits affecting e-commerce, the company specified measures to differentiate itself by combining a specialized product range, IT, logistics and human services. - FY2020First statedAnnual report
「The initiative currently driving our group's growth most strongly is the expansion of e-commerce. However, technological innovation in communications or internet use, or changes in users' purchasing habits, could expose us to price competition or lead to the development of more convenient distribution systems.」
The company newly identified as a risk the possibility that technological innovation and changes in purchasing habits could intensify competition and reduce the value offered by its growth-driving e-commerce business.