Intensifying competition due to entry by companies from other industries and consolidation in the financial industry
First written in FY2016. 17 of 19 entries say "Restated". Latest entry: FY2027-H1.
2 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In addition, competition among companies is expected to intensify as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
The creation of financial services through the use of advanced technologies and entry by companies from other industries, along with intensifying competition, continues to be highlighted. - FY2026-H1RestatedAnnual report
「The business environment surrounding our Group is expected to become increasingly competitive, with new financial services being created one after another through the use of advanced technologies and entry by companies from other industries, in addition to the need to remain mindful of the effects of U.S. trade policies, continued inflation and volatility in the financial and capital markets.」
The company continued to highlight the creation of financial services and intensifying competition driven by advanced technologies and entry by companies from other industries, together with macroeconomic risks. - FY2025-H1RestatedAnnual report
「The operating environment surrounding our group is expected to become increasingly competitive as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries, in addition to the need to pay attention to the impact of a downturn in overseas economies on the Japanese economy and the impact of fluctuations in the financial and capital markets.」
Intensifying competition due to the use of advanced technologies and entry by companies from other industries continues to be identified together with risks relating to overseas economies and financial markets. - FY2023WorsenedAnnual report
「In recent years, the competitive environment has changed, requiring differentiation from a wide variety of players, as the number of competitors offering comprehensive financial services such as banking, securities and insurance has increased and the provision of banking services using BaaS has expanded.」
The competitive environment was described as including comprehensive banking, securities and insurance services and BaaS, in addition to the existing entry by companies from other industries and FinTech companies. - FY2023-Q1RestatedAnnual report
「The operating environment surrounding our group requires attention to the impact of the global spread of the novel coronavirus disease on the global economy and the impact of fluctuations in the financial and capital markets. In addition, competition between companies is expected to intensify as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
Intensifying competition due to the use of advanced technologies and entry by companies from other industries continues to be identified together with the impact of the infectious disease and financial markets. - FY2021-Q3RestatedAnnual report
「The operating environment surrounding our group requires attention to the impact of the global spread of the novel coronavirus disease on the global economy and the impact of fluctuations in the financial and capital markets. In addition, competition between companies is expected to intensify as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
Intensifying competition due to the use of advanced technologies and entry by companies from other industries continues to be identified together with infectious-disease and financial-market risks. - FY2021-Q2RestatedAnnual report
「The operating environment surrounding our group requires attention to the impact of the global spread of the novel coronavirus disease on the global economy and the impact of fluctuations in the financial and capital markets. In addition, competition between companies is expected to intensify as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
In addition to the impact of the infectious disease and financial markets, intensifying competition due to the use of advanced technologies and entry by companies from other industries continues to be identified as a factor in the operating environment. - FY2021-Q1RestatedAnnual report
「The operating environment surrounding our group requires attention to the impact of the global spread of the novel coronavirus disease on the global economy and the impact of fluctuations in the financial and capital markets. In addition, competition between companies is expected to intensify as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
Intensifying competition due to the use of advanced technologies and entry by companies from other industries continues to be identified. The impact of the infectious disease and financial markets has been added separately as a factor requiring attention in the business environment. - FY2020-Q2RestatedAnnual report
「The operating environment surrounding our group is expected to become increasingly competitive as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
The creation of new financial services through the use of advanced technologies and entry by companies from other industries continues to be identified as a factor intensifying competition. - FY2020-Q1RestatedAnnual report
「The operating environment surrounding our group is expected to become increasingly competitive as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
The creation of new financial services through the use of advanced technologies and entry by companies from other industries continues to be identified as a factor intensifying competition. - FY2019-Q1RestatedAnnual report
「We have sought to shift toward innovative companies that continue to respond to changes in customer values and the disruption of existing business models brought about by technological innovation represented by FinTech.」
Changes in customer values and the disruption of existing business models brought about by FinTech continue to be identified as a competitive environment to which companies must respond. - FY2018RestatedAnnual report
「The operating environment surrounding our group is becoming increasingly competitive, as innovation accelerates across industries through the use of advanced technologies such as AI (artificial intelligence) to innovate customer services and automate operations.」
Intensifying competition driven by customer-service innovation and operational automation using advanced technologies such as AI continues to be identified. - FY2018-Q3RestatedAnnual report
「Meanwhile, the impact of uncertainty in overseas politics and economies, among other factors, remains a matter requiring attention.」
While indicating a moderate recovery in the domestic economy, uncertainty in overseas politics and economies continues to be identified as a factor requiring attention. - FY2018-Q2RestatedAnnual report
「The operating environment surrounding our group is expected to become increasingly competitive, as innovation accelerates across industries through the use of advanced technologies such as AI (artificial intelligence) to innovate customer services and automate operations.」
Intensifying competition between companies, driven by customer-service innovation and operational automation using advanced technologies such as AI, continues to be identified. - FY2018-Q1RestatedAnnual report
「The operating environment surrounding our group is expected to become increasingly competitive, as innovation accelerates across industries through the use of advanced technologies such as AI (artificial intelligence) to innovate customer services and automate operations.」
Intensifying competition, including from companies in other industries and technology companies, continues to be identified against the backdrop of AI, customer-service innovation and operational automation. - FY2017-Q3RestatedAnnual report
「The difficult operating environment is expected to continue, with competition intensifying due to entry by companies from other industries into credit cards, prepaid cards and shared loyalty-point services, as well as the emergence of new payment services using FinTech.」
Intensifying competition due to entry by companies from other industries and new payment services using FinTech continues to be identified as a difficult operating environment. - FY2017-Q2RestatedAnnual report
「The difficult operating environment is expected to continue, with competition intensifying due to entry by companies from other industries into credit cards, prepaid cards and shared loyalty-point services, as well as the emergence of new payment services using FinTech.」
Intensifying competition through entry by companies from other industries and the emergence of FinTech-based payment services continues to be identified. - FY2017-Q1RestatedAnnual report
「The operating environment surrounding our group has entered an era requiring transformation in the financial business, as venture companies that are not traditional financial institutions use IT technologies such as the internet and smartphones, known as FinTech, to create new services in areas including payments, fundraising and asset management, in addition to the entry of companies from other industries into credit cards, prepaid cards and shared loyalty-point services.」
The emergence of payment, fundraising and asset-management services provided by FinTech ventures has been added to the existing risk of intensifying competition due to entry by companies from other industries. - FY2016First statedAnnual report
「Competition in the credit card industry is becoming increasingly intense, with more industry consolidation and new entrants from other industries. If changes in transaction terms with business partners, including lower merchant fee rates, occur as a result of these market changes, they may adversely affect the group's business performance and financial position.」
Entry by companies from other industries into cards, prepaid services, shared loyalty-point services and new IT-based payment services is identified as a competitive factor.