Intensifying Competition in the E-Commerce Market and Maintaining Competitive Advantage
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 6 of 15 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if the market does not expand as much as expected because of weakening consumer sentiment, the introduction of new regulations affecting the market or unforeseen factors, this could affect the group’s financial condition and operating results.」
The company continues to disclose the expected growth of the e-commerce market, the risk that market expansion may fall short of expectations, and the risk of failing to establish a competitive advantage, together with their likelihood and potential impact. - FY2025RestatedAnnual report
「Amid an environment of persistent intense competition, our group is implementing various measures to establish a competitive advantage and enhance its competitiveness. However, these measures may not necessarily be successful or lead to the establishment of a competitive advantage, in which case they may affect the financial condition and operating results of our group.」
The company continues to disclose its expectations for growth in the e-commerce market and the risks of intensifying competition and being unable to establish a competitive advantage, together with their likelihood of occurrence and potential impact. - FY2024RestatedAnnual report
「However, if the market does not expand as much as expected due to a downturn in consumer sentiment, the introduction of new regulations governing the market or other unforeseen factors, this may affect the financial condition and operating results of the company.」
While anticipating growth in the e-commerce market, the company continues to disclose the risks that market expansion may fall short of expectations and that it may be unable to establish a competitive advantage. - FY2023First statedAnnual report
「However, if competition intensifies in the future as other companies launch similar services, the advantages of the services we provide may no longer be maintained.」
The company describes revenue-share compensation, product selection, marketing strategy and profit and loss management as differentiating factors.