Changes in Social Structure and Intensifying Competition
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「The business environment is undergoing unprecedented and rapid changes in social structure, including rapid population aging, income inequality, population decline, an influx of foreign nationals and widening information disparities caused by the internet. Customers are becoming increasingly selective and demanding, competition is intensifying, and companies are operating in an environment where their value and raison d'être are constantly being called into question.」
Recognition of stricter customer evaluations and intensifying competition against a backdrop of structural social change continues. - FY2017RestatedAnnual report
「The business environment surrounding companies is undergoing unprecedented and rapid changes in social structure, including rapid population aging, income inequality, population decline, an influx of foreign nationals and widening information disparities caused by the internet. Customers are becoming increasingly selective and demanding, competition is intensifying, and companies are operating in an environment where their value and raison d'être are constantly being called into question.」
Recognition of intensifying competition against a backdrop of population aging, income inequality, population decline, an influx of foreign nationals and information disparities is reiterated. - FY2016First statedAnnual report
「The business environment surrounding companies is undergoing unprecedented and rapid changes in social structure, including rapid population aging, income inequality, population decline, an influx of foreign nationals and widening information disparities caused by the internet. Customers are becoming increasingly selective and demanding, competition is intensifying, and companies are operating in an environment where their value and raison d'être are constantly being called into question.」
Stricter customer evaluations and intensifying competition, driven by population aging, income inequality, population decline, an influx of foreign nationals and information disparities, are identified as business-environment challenges.