Impact of technological innovation and new lifestyles on business earnings
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024WorsenedAnnual report
「The intensification of natural disasters, changes in behavior prompted by COVID-19, market contraction due to population decline, intensifying competition to acquire human resources, rising wages, prices and interest rates, diversifying customer needs, and the rapid evolution of innovative technologies such as generative AI, among other factors」
Regarding the impact of technological innovation on its businesses and revenue structure, the company explicitly identified the rapid evolution of innovative technologies, including generative AI, as a new environmental change. - FY2022RestatedAnnual report
「Our Group will also apply the results of such innovations to its businesses and seek to provide services that meet customer expectations in a new era.」
While recognizing the risk of changes in its revenue structure resulting from technological innovation and new lifestyles, the company continues to pursue the application of innovation outcomes to its businesses. - FY2020First statedAnnual report
「New technologies and systems, including the sharing economy and autonomous vehicles, could significantly change transportation services. In addition, the spread of technologies such as telework accelerated due to the recent expansion of COVID-19, and the emergence of new services reflecting established new lifestyles and changes in customer preferences could affect the Group’s revenue.」
The company explicitly identified changes in transportation services and its revenue structure resulting from the adoption of sharing services, autonomous driving, telework, and new lifestyles and preferences as new risks.