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Hikari Tsushin (9435) · RiskMitigated

Decline in Line Acquisitions Due to Intensifying Price Competition Among Telecommunications Operators

First written in FY2022-Q2. 6 of 11 entries say "Restated". Latest entry: 2026-08-13.

11entries
6years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2022-Q2 – FY2024WorsenedFY2025-H1 – FY20252021: 12022: 120222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Communications Revenue Shortfall Due to MNO–MVNO Price CompetitionA theme 18 companies write about · 19 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2021: 8 of 14 companies on the "Worse" side.

1 other company's latest entry also says "Mitigated".

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.
Showing 14 of the 18 companies compared. The sentences above are computed from all 18.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-13MitigatedEarnings presentation

    「Telecommunications ⊕ Increase in content, decrease in acquisition costs」

    The telecommunications business reported revenue growth of 3% and operating profit growth of 19%, with lower acquisition costs cited as a factor behind the increase in profit.
  2. FY2026MitigatedAnnual report

    「(Telecommunications Business) During the fiscal year, recurring profit, a stable source of future earnings, increased as the number of customer contracts grew. Revenue was ¥127,540 million, up 4.0% from the previous consolidated fiscal year, and operating profit was ¥29,383 million, up 14.4%.」

    Previously, the company reported a decline in customer contracts due to intensifying price competition, but in the current fiscal year customer contracts in the telecommunications business increased, resulting in higher revenue and profit.
  3. FY2025WorsenedAnnual report

    「(Telecommunications business) During the consolidated fiscal year, revenue was ¥122,594 million, up 3.0% from the previous consolidated fiscal year, and operating profit was ¥25,687 million, down 22.3%. This was due mainly to a decline in customer contracts for telecommunications line services.」

    Customer contracts for telecommunications line services continued to decline, and full-year operating profit fell 22.3% year on year.
  4. FY2025-H1WorsenedAnnual report

    「(Telecommunications business) During the interim consolidated accounting period, revenue was ¥60,124 million, up 0.2% year on year, and operating profit was ¥12,750 million, down 19.6% year on year, due mainly to a decline in customer contracts for telecommunications line services.」

    Customer contracts for telecommunications line services continued to decline, and operating profit in the telecommunications business fell 19.6% year on year.
  5. FY2024RestatedAnnual report

    「Decline in customer contracts amid intensifying price competition among telecommunications carriers in telecommunications line services」

    The company also reports for the full year the ongoing decline in customer contracts for corporate services due to intensifying price competition among telecommunications carriers.
  6. FY2024-Q3RestatedAnnual report

    「Decline in customer contracts amid intensifying price competition among telecommunications carriers in telecommunications line services」

    The company continues to report the decline in customer contracts for corporate services due to intensifying price competition among telecommunications carriers.
  7. FY2024-Q1RestatedAnnual report

    「Decline in customer contracts amid intensifying price competition among telecommunications carriers in telecommunications line services」

    The company continues to report the decline in customer contracts for corporate services due to intensifying price competition among telecommunications carriers.
  8. FY2023RestatedAnnual report

    「During the fiscal year, the number of subscriptions acquired for communications network services declined as price competition among telecommunications operators intensified, while higher electricity trading prices in the electricity business also affected results. Revenue was ¥304,738 million, up 9.4% from the previous fiscal year, and operating profit was ¥13,345 million, down 62.7%.」

    The company continues to report the decline in line acquisitions due to intensifying price competition among telecommunications carriers as a full-year factor affecting corporate services performance.
  9. FY2023-Q3RestatedAnnual report

    「Decline in acquisitions amid intensifying price competition among telecommunications carriers in telecommunications line services」

    The company continues to report the decline in line acquisitions resulting from intensifying price competition among telecommunications carriers.
  10. FY2022-Q3RestatedAnnual report

    「A decline in the number of acquisitions resulting from intensifying price competition among telecommunications operators in the line business.」

    The company continues to report the decline in line acquisitions resulting from intensifying price competition among telecommunications carriers.
  11. FY2022-Q2First statedAnnual report

    「A decline in the number of acquisitions resulting from intensifying price competition among telecommunications operators in the line business.」

    States that intensifying price competition among telecommunications operators caused a decline in corporate-service line acquisitions.
Moved together

"Expansion of Lifestyle-related Services Beyond Information and Communications" moved the same way as this thread, in the same document, in 3 of its 11 moves.

332222★123456
  1. ★This thread
  2. 1Expansion of Lifestyle-related Services Beyond Information and Communications3×
  3. 2Expansion of Corporate Customers and Recurring Profit3×
  4. 3Expanded Investment Allocation Through Acquisitions of Investment Securities2×
  5. 4Stable Profit Growth in the Insurance Business2×
  6. 5Expansion of Recurring Profit and High-Recurring-Revenue Models2×
  7. 6Continuation of Stable Dividends and a Planned Dividend of ¥2042×

★ 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.

When this could move next
No upcoming earnings preview for Hikari Tsushin yet. It last moved in the Earnings presentation of 2026-08-13: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in Line Acquisitions Due to Intensifying Price Competition Among Telecommunications Operators | HIKARI TSUSHIN,INC. (9435) | Komori