Risk of Lower Revenue and Profit Margins Due to Competition with Industry Peers
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
- FY2022ReframedAnnual report
「Based on the belief that true customer orientation means both parties receiving appropriate benefits and maintaining and continuing their transactions, the Group will avoid risks by providing services at levels that best meet the changing requirements of customer companies, among other measures.」
The description of the response to competitive risk has changed from differentiation through high-quality, low-cost services to providing services at a level that enables both parties to obtain appropriate benefits and continue their transactions. - FY2021RestatedAnnual report
「The Group operates in a highly competitive industry with many peers. This competition may lead to price reductions and excessive competition in services, which could reduce revenue and profit margins and affect the Group's operating results and other financial matters.」
It reiterates the risk of lower revenue and profit margins resulting from intensifying competition with industry peers, price reductions, and excessive competition in services. - FY2020RestatedAnnual report
「The Group operates in a highly competitive industry with many peers. This competition may lead to price reductions and excessive competition in services, which could reduce revenue and profit margins and affect the Group's operating results and other financial matters.」
It reiterates the risks of price reductions, excessive competition in services, and lower revenue and profit margins resulting from intensifying competition. - FY2018RestatedAnnual report
「Our Group operates in a highly competitive environment with numerous industry peers. We seek to differentiate ourselves by providing high-quality, low-cost services under the slogans “customer first” and “quality first,” among other initiatives. However, competition may affect our Group's operating results and financial condition through lower revenue and profit margins.」
It reiterates the intense competition with industry peers and the need to differentiate through high-quality, low-cost services. - FY2018-Q3RestatedAnnual report
「Although import and export cargo increased, the logistics industry continued to face a challenging operating environment due to intensifying competition, labor shortages and other factors.」
It reiterates that intensifying competition, together with labor shortages, continues to create a challenging operating environment. - FY2018-Q1MaterialisedAnnual report
「Although import and export cargo increased, the logistics industry continued to operate in a challenging business environment due to intensified competition and other factors.」
Regarding competition risk with industry peers, it describes intensified competition as an actual challenging business environment. - FY2017First statedAnnual report
「Our Group operates in a highly competitive environment with numerous industry peers. We seek to differentiate ourselves by providing high-quality, low-cost services under the slogans “customer first” and “quality first,” among other initiatives. However, competition may affect our Group's operating results and financial condition through lower revenue and profit margins.」
It describes the possibility that intense competition with industry peers may reduce revenue and profit margins, and also mentions differentiation through high-quality, low-cost services.