Fierce Price Competition in the Security Industry
First written in FY2017-Q1. 6 of 9 entries say "Worsened", first in FY2017. Latest entry: FY2025.
Central Security Patrols moved to the "Worse" side of this theme in 2017.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Compared with the market size, the number of security service providers is large, totaling 10,674 companies of varying sizes (according to the National Police Agency's Overview of the Security Services Industry in Reiwa 5), and price competition among them is intensifying each year.」
The company states that the number of security service providers increased to 10,674 from 10,524 previously, and describes the intensification of price competition among them each year. - FY2024WorsenedAnnual report
「Compared with the market size, the number of security service providers is large, totaling 10,524 companies of varying sizes (according to the National Police Agency's Overview of the Security Services Industry in Reiwa 4), and price competition among them is intensifying each year.」
The company states that the number of security service providers was 10,524, up from the previously reported 10,113, and that price competition among them is intensifying each year. - FY2022WorsenedAnnual report
「Compared with the market size, the number of security service providers is large, totaling 10,113 companies of varying sizes (according to the National Police Agency's Overview of the Security Services Industry in Reiwa 2), and price competition among them is intensifying each year.」
The company states that there were 10,113 security service providers and that intensifying price competition has continued. - FY2020WorsenedAnnual report
「Compared with the market size, the number of security service providers is large, totaling 9,714 companies of varying sizes (according to the National Police Agency's Overview of the Security Services Industry in fiscal 2018), and price competition among them is intensifying each year.」
The company maintains its view that the number of security service providers was 9,714, up from 9,434 previously, and that price competition is intensifying each year. - FY2018WorsenedAnnual report
「Compared with the market size, the number of security service providers is large, totaling 9,434 companies of varying sizes (according to the National Police Agency's Overview of the Security Services Industry in fiscal 2016), and price competition among them is intensifying each year.」
The company states that the number of security service providers was 9,434, up from 9,342 previously, and that price competition among them is intensifying each year. - FY2017WorsenedAnnual report
「Compared with the market size, the number of security service providers is large, totaling 9,342 companies of varying sizes (according to the National Police Agency's Overview of the Security Services Industry in fiscal 2015), and price competition among them is intensifying each year.」
Regarding price competition, the company cites the 9,342 security service providers and explains that competition is intensifying each year. - FY2017-Q3RestatedAnnual report
「In the security services industry, demand for image-related security, including security cameras and image analysis, remains high against the backdrop of heightened vigilance against terrorism and crime prevention, but the company operates in a business environment where intense price competition continues.」
The company continues to describe an environment where demand for image-related security is high while intense price competition continues. - FY2017-Q2RestatedAnnual report
「Although demand for image-related security, including security cameras and image analysis, remains high due to heightened vigilance against terrorism and crime prevention, the company operates in a business environment where intense price competition continues.」
The company continues to cite strong demand for image-related security and an environment of intense price competition. - FY2017-Q1First statedAnnual report
「Although demand for security remains high, the company operates in a business environment where intense price competition continues.」
The company identifies continued intense price competition, alongside strong demand for security, as a risk in the industry environment.