Competitor Imitation and New Market Entrants, and Erosion of Competitive Advantages
First written in FY2022. 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
「Our business and results could be affected if imitation by industry peers with capital, marketing capabilities, broad customer bases and strong name recognition, or market entry by companies in other industries with capital and marketing capabilities, reduces our competitive advantage or intensifies competition.」
The risk of intensified competition from imitation by industry peers and entry by companies from other industries is reiterated. - FY2023RestatedAnnual report
「Our business and results could be affected if imitation by industry peers with capital, marketing capabilities, broad customer bases and strong name recognition, or market entry by companies in other industries with capital and marketing capabilities, reduces our competitive advantage or intensifies competition.」
The risk of imitation and cross-industry entry is reiterated, with expanding solutions cited as a response to maintain competitive advantage. - FY2022First statedAnnual report
「Our business and results could be affected if imitation by industry peers with capital, marketing capabilities, broad customer bases and strong name recognition, or market entry by companies in other industries with capital and marketing capabilities, reduces our competitive advantage or intensifies competition.」
The company plans to respond to imitation and cross-industry entry by strengthening customer relationships, its organizational structure and its ability to develop totono.