Service cannibalization and contract migration risk between U-NEXT Hikari and U-NEXT Hikari 01
First written in FY2016-Q4. 1 of 3 entries say "Restated". Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017DroppedAnnual report
「<Communication Network Business Risks>」
The specific risk concerning service competition and contract switching between U-NEXT Hikari and U-NEXT Hikari 01, which had been disclosed previously, is not explicitly identified as a risk item for the current fiscal year. - FY2017-Q1RestatedAnnual report
「Accordingly, there is a possibility that a material discrepancy may arise between the earnings outlook currently assumed by the group and actual results, and that unforeseen expenses may also be incurred. If such circumstances arise, they may have a material impact on the group’s financial results.」
The risk of service competition and contract switching involving U-NEXT Hikari 01 is reproduced, including the possibility of a discrepancy from the earnings outlook, unforeseen expenses and a material impact on financial results. - FY2016-Q4First statedAnnual report
「U-NEXT Hikari 01 is a service that competes with the company’s U-NEXT Hikari. At present, the buildings equipped with the required facilities are limited, so we understand that sales activities do not overlap. However, if the number of subscribers increases in the future, sales activities may overlap and contract switching between the company’s services may increase, potentially resulting in subscriber growth below the level of the overall market.」
For the first time, the risk of overlapping sales activities and contract switching between the company’s services associated with the expansion of the new service is explicitly identified.