Intensifying competition from new entrants in Japan and overseas
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2025RestatedAnnual report
「If competition with new entrants intensifies, orders could be lost because of price declines or factors other than price competition, potentially affecting the Group's business activities and operating results.」
It reiterates the risk of new domestic and overseas entrants and intensified competition accompanying growth in the GRC and security markets. - FY2022RestatedAnnual report
「The GRC and security-related markets are expected to grow in the future, so domestic and overseas operators may enter these fields. If competition with new entrants intensifies, orders could be lost because of price declines or factors other than price competition, potentially affecting the Group's business activities and operating results.」
It reiterates the risk of new domestic and overseas entrants and intensified competition as the market grows. - FY2021First statedAnnual report
「The GRC and security-related markets are expected to grow in the future, so domestic and overseas operators may enter these fields.」
It identifies new market entrants accompanying market growth, and the possibility of price declines and lost orders, as business risks.