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Kantsu Hd (9326) · RiskWorsened

Decline in Handled Volumes Due to Intensifying Competition and Stalled E-Commerce Market Growth

First written in FY2020. 8 of 11 entries say "Restated". Latest entry: FY2026.

11entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2025-Q1WorsenedFY2025 – FY20262020: 120202021: 120212022: 320222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies
Weakening of the Business Base Due to Slower E-Commerce Market GrowthA theme 14 companies write about · 15 as a headwind · 0 as a tailwind

Kantsu Hd moved to the "Worse" side of this theme in 2025.

The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「These factors are believed to include market maturation as e-commerce becomes more widely established in society, consumers’ increasingly differentiated use of online and offline purchasing channels, and more cautious consumer sentiment against the backdrop of rising prices.」

    While the e-commerce market continues to expand, specifies market maturation, differentiated use of online and brick-and-mortar stores, and more cautious consumption due to rising prices as factors slowing growth.
  2. FY2025WorsenedAnnual report

    「However, growth in the merchandise sector has been slowing, which is believed to reflect the subsiding impact of COVID-19 and consumers’ continuing return to brick-and-mortar stores.」

    While the e-commerce market itself continues to expand, identifies slowing growth in the merchandise sector and consumers’ return to brick-and-mortar stores as specific market-environment risks.
  3. FY2025-Q1RestatedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  4. FY2024-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  5. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  6. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  7. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  8. FY2023-Q1RestatedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  9. FY2022-Q3RestatedAnnual report

    「In addition, there were no material changes in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the risk of lower transaction volumes due to intensified competition and slowing growth in the e-commerce market.
  10. FY2021RestatedAnnual report

    「The e-commerce market remains on an expansionary trend, driven by major companies’ development of automated and unmanned warehouses and collaboration with other companies. However, if a sharp downturn in the domestic economy or other factors causes competition in the e-commerce market to intensify and the market to enter a period of stagnant growth or contraction, the volume of business handled by the Company may decline, affecting its business performance and financial position.」

    While viewing the expansion of the e-commerce market as an opportunity, reiterates the risk of lower transaction volumes resulting from intensified competition, stagnant growth or market contraction.
  11. FY2020First statedAnnual report

    「If, due to a sharp downturn in the domestic economy or other factors, competition in the e-commerce market intensifies and the market enters a period of stagnant growth or contraction, the volume of business handled by the Company may decline, affecting its business performance and financial position.」

    While positioning the e-commerce market as a growth opportunity, identifies market stagnation or contraction and a decline in customer transaction volumes as risks.
Moved together

"Risks of Reliance on Interest-Bearing Debt and Fundraising" moved the same way as this thread, in the same document, in 2 of its 11 moves.

222222★123456
  1. ★This thread
  2. 1Risks of Reliance on Interest-Bearing Debt and Fundraising2×
  3. 2Risk of a Decline in Competitive Advantage Due to Competitors2×
  4. 3Risk of Failure to Achieve Results from or Termination of M&A and Capital and Business Alliances2×
  5. 4Risks of founder dependence and concentration of controlling shareholders2×
  6. 5Maintaining and sustainably improving ROE to 15% or higher2×
  7. 6Target to double the number of female managers by 20282×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Decline in Handled Volumes Due to Intensifying Competition and Stalled E-Commerce Market Growth | KANTSU HD CO.,LTD. (9326) | Komori