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AlphaPolis (9467) · RiskRestated

New Entrants with Similar Business Models

First written in FY2016. 5 of 10 entries say "Restated". Latest entry: FY2024.

10entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017-Q2 – FY2018-Q3RestatedFY2018 – FY20242016: 220162017: 220172018: 220182019: 120192020: 020202021: 120212022: 020222023: 120232024: 12024
Same theme, other companies
Loss of competitive advantage through business model imitation and de facto standard competitionA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

AlphaPolis moved to the "Worse" side of this theme in 2016.

3 other companies' latest entry also says "Restated".

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. FY2024RestatedAnnual report

    「Going forward, we expect many new entrants and others to enter the market with business models increasingly similar to ours.」

    The increase in new entrants into the model of turning internet-originated content into books continues to be disclosed as a competitive risk.
  2. FY2023RestatedAnnual report

    「Going forward, we expect many new entrants and others to enter the market with business models increasingly similar to ours.」

    The increase in new entrants into the model of turning internet-originated content into books continues to be disclosed as a competitive risk.
  3. FY2021RestatedAnnual report

    「As major hit works based on the business model of turning internet novels, manga and other content into books have been published one after another by various companies, and the business model has been covered by some media outlets, we expect many new entrants and others to enter the market with business models increasingly similar to ours.」

    The increase in new entrants with similar business models continues to be disclosed as a competitive risk.
  4. FY2019RestatedAnnual report

    「As major hit works based on the business model of turning internet novels, manga and other content into books have been published one after another by various companies, and the business model has been covered by some media outlets, we expect many new entrants and others to enter the market with business models increasingly similar to ours.」

    The possibility of further new entry into similar business models continues to be disclosed as a risk.
  5. FY2018RestatedAnnual report

    「Even as market competition intensifies, our system for reliably sourcing, publishing and turning popular works on the web into hits through our own website has become even more robust.」

    On the premise of intensifying competition from similar business models, the company continues to respond by sourcing content through its own website, publishing it and turning it into hits.
  6. FY2018-Q3WorsenedAnnual report

    「Even as market competition intensified, the company established a system for reliably sourcing popular works from its own website, publishing them and turning them into hits.」

    As a premise for explaining the company's response, it states that market competition continues to intensify.
  7. FY2017WorsenedAnnual report

    「However, new entrants have become increasingly active in recent years, and both the number of titles and labels published by other companies have been trending upward, intensifying competition. As a result, during the fiscal year, the number of titles published rose by 21 year on year to 236. However, the number of works with more than 20,000 copies in circulation was relatively weak at 16, and net sales fell below the previous fiscal year.」

    It is explained that continued new entry and increases in competitors' titles and labels led to a decline in the number of hit works and weaker net sales.
  8. FY2017-Q3WorsenedAnnual report

    「However, new entrants have become increasingly active in recent years, and both the number of titles and labels published by other companies have been trending upward, intensifying competition. As a result, during the cumulative third quarter, the number of titles published rose by 18 year on year to 175. However, the number of works with more than 20,000 copies in circulation was relatively weak at 13, and net sales fell below the year-earlier period.」

    It is explained that continued new entry and increases in competitors' titles and labels also led to sluggish growth in circulation and net sales falling below the year-earlier period.
  9. FY2017-Q2WorsenedAnnual report

    「However, new entrants have become increasingly active in recent years, and both the number of titles and labels published by other companies have been trending upward, intensifying competition.」

    New entry into similar and peripheral businesses has become more active, intensifying competition alongside increases in the number of titles published and labels offered.
  10. FY2016First statedAnnual report

    「Going forward, we expect many new entrants and others to enter the market with business models increasingly similar to ours.」

    The model of turning internet-originated content into books has attracted attention, and an increase in competitors is expected.
Moved together

"Execution risks associated with new businesses such as games" moved the same way as this thread, in the same document, in 4 of its 10 moves.

43★12
  1. ★This thread
  2. 1Execution risks associated with new businesses such as games4×
  3. 2Record-High Revenue and Profit3×

★ 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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New Entrants with Similar Business Models | AlphaPolis Co.,Ltd. (9467) | Komori