Intensifying Competition from IT-Based Competitors and the Lifting of Restrictions on Sharing Businesses
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2026: 31 of 90 companies on the "Worse" side.
- FY2018RestatedAnnual report
「The operating environment in the hire-car and taxi industries is expected to remain uncertain, due in part to trends in crude oil prices and the entry of overseas apps into the Japanese market.」
In addition to trends in crude oil prices, the Company continues to cite uncertainty in the competitive environment arising from the entry of overseas apps into the Japanese market. - FY2018-Q1RestatedAnnual report
「The passenger transportation industry, including our company, is facing intensifying competition every day due to the worsening driver shortage caused by an aging driver workforce and difficulties in recruitment, aggressive competition from new market entrants amid advances in IT technology, and the lifting of restrictions on sharing businesses as part of government-led regulatory reform.」
Crew shortages, IT-based competitors and intensifying competition following the deregulation of sharing businesses continue to be cited as part of the business environment. - FY2017First statedAnnual report
「Competition is intensifying daily due to the aggressive entry of competitors into this industry as IT technology advances, as well as the lifting of restrictions on sharing businesses as part of the government's regulatory reform initiatives.」
The aggressive expansion of new competitors backed by IT technology and intensifying competition following the deregulation of sharing businesses are identified as new industry risks.