Risk of intensifying competition in both the cloud and mobile businesses
First written in FY2016. 12 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2026ReframedAnnual report
「The Group's mobility services business faces competition from other companies.」
Following the partial transfer of the digital government business, the main focus of the risk of intensifying competition was narrowed to mobility services, shifting from the previous focus on the cloud and digital government businesses. - FY2025MaterialisedAnnual report
「For bids supplied to local governments and public institutions, the order-winning rate declined in some cases as competition intensified while the government pursued initiatives to digitize public administration, resulting in sales below the prior-year period.」
The impact of intensifying competition in the public-administration digitization market has materialized in the form of a lower order-winning rate and declining sales, and the effect of the competitive environment continues. - FY2025-H1MitigatedAnnual report
「For the current fiscal year, the order-winning rate has been recovering steadily, but unit prices declined partly because local governments themselves were under financial pressure.」
It states that the decline in the order-winning rate caused by the intensified competitive environment in the prior fiscal year is recovering in the current fiscal year. However, lower unit prices caused by pressure on local-government finances remain. - FY2024MaterialisedAnnual report
「For bids supplied to local governments and public institutions, the order-winning rate declined in some cases as competition intensified while the government pursued initiatives to digitize public administration, resulting in sales below the prior-year period.」
Intensifying competition in the public-administration digitization market materialized as a decline in the order-winning rate. Revenue from digital government declined 12.2% year on year, while segment profit declined 39.8%. - FY2024-Q3MaterialisedAnnual report
「As this is an area where substantial market expansion is expected, competition is intensifying, and the impact of a decline in the order-winning rate for some projects is beginning to emerge.」
It states that intensifying competition in the digital government market has begun to emerge in practice through a decline in the order-winning rate for some projects and an impact on sales and operating performance. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition in both the cloud and mobile businesses. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated group, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business, accounting conditions, financial statements and other matters described in the quarterly report.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition. - FY2021-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that no major risks have arisen and no material changes have occurred regarding the risk of intensifying competition. - FY2020ReframedAnnual report
「The Group's cloud solutions business faces competition from other companies.」
Following the transfer of the mobile business, the main focus of the risk of intensifying competition was narrowed to the cloud solutions business, and the disclosure states that competition with existing operators and new entrants could reduce orders received. - FY2020-Q3ReframedAnnual report
「In the car solutions field, which handles safe-driving assistance equipment, sales are susceptible to the performance of major customers. As the market-wide shift toward lower prices progressed amid intensifying competition with competitors and other factors, sales struggled due in part to delays in the timing of sales caused by the impact of COVID-19.」
Even after the transfer of the mobile business, intensifying competition and the market-wide shift toward lower prices remain in the car solutions field within the cloud solutions business, while competition-related risks on the mobile-business side are no longer applicable. - FY2020-Q2WorsenedAnnual report
「In the car solutions field, which handles safe-driving assistance equipment, sales struggled despite the market-wide shift toward lower prices resulting from intensifying competition with competitors and other factors,」
Intensifying competition with competitors and the market-wide shift toward lower prices have materialized as sluggish sales of safe-driving assistance equipment. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the risk of intensifying competition in both the cloud and mobile businesses. - FY2019WorsenedAnnual report
「In the mobile business, as the entry of a fourth telecommunications operator and changes in the market accompanying the next-generation communications standard, "5G services," expected to be rolled out around 2020,」
The entry of a fourth telecommunications operator, 5G services, and intensifying competition with second brands and MVNOs are explicitly identified, indicating that the competitive environment in the mobile market is expected to become even more challenging. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the risk of intensifying competition in both the cloud and mobile businesses. - FY2018RestatedAnnual report
「Total shipments are expected to increase as the market recovers with the partial introduction of the next-generation communications standard, "5G services," while competition in the market is expected to intensify further.」
While market recovery driven by 5G is expected, intensifying competition in the mobile phone market continues to be identified as a risk. - FY2018-Q3RestatedAnnual report
「The market is expected to recover with the partial introduction of the next-generation communications standard, "5G services," to be rolled out going forward, while competition in the market is expected to intensify further.」
While market recovery is expected from the partial introduction of 5G services, competition in the mobile phone market is also expected to remain intense. - FY2018-Q2WorsenedAnnual report
「In Regional Information Cloud, the number of projects won increased as a result of efforts to strengthen sales capabilities and improve the order-winning rate in the increasingly competitive market for solutions for local governments. However, the timing shift of some projects resulted in revenue of ¥243,696 thousand, down 11.6% year on year. In the mobile business, the Company's unit sales declined as low-cost smartphones gained market share. However, control of device prices and the provision of services in the smart-life domain, including media content and financial and payment services, contributed to securing profits. As a result, revenue in the mobile business was ¥1,896,879 thousand, down 5.2% year on year, while segment profit was ¥184,941 thousand, up 35.0%.」
The disclosure specifically describes intensifying competition in the market for solutions for local governments and a decline in unit sales as low-cost smartphones gain market share, indicating that the competitive environment has become more challenging in both the cloud and mobile businesses. - FY2017RestatedAnnual report
「However, if competition intensifies due to competition with existing operators and the emergence of new entrants, this may affect the Company's financial condition and operating results.」
The impact of competition from existing operators and new entrants in the cloud solutions business, together with competition among agents and price competition in the mobile business, continues to be identified as a risk. - FY2017-Q3WorsenedAnnual report
「The mobile phone market is expected to become unavoidably more competitive, partly due to the expansion of sub-brands operated by major carriers and MVNO services (Note 3), as well as the impact of the Ministry of Internal Affairs and Communications' Task Force on Mobile Phone Charges and Other Terms of Service.」
The outlook states that competition in the mobile phone market is expected to intensify further against a backdrop including the expansion of sub-brands and MVNOs, describing this as "unavoidable." - FY2016First statedAnnual report
「However, if competition intensifies further due to competition with existing operators and the emergence of new entrants, this may affect the Company's financial condition and operating results.」
It also identifies competition from existing operators and new entrants in the cloud business, as well as competition among agents and price competition in the mobile business.