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SoftBank Group Corp. (9984) · RiskWorsened

Intensifying Competition in the Communications and Services Markets

First written in FY2016. 5 of 11 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2019.

11entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017-Q2WorsenedFY2017-Q3 – FY20192016: 220162017: 320172018: 420182019: 22019
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

SoftBank Group Corp. moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

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

5 other companies' latest entry also says "Worsened".

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. FY2019WorsenedAnnual report

    「In Japan's communications market, competition among telecommunications operators is intensifying further as competition deepens under the government's competition-promoting policies and new market entrants are expected.」

    In Japan's communications market, new market entry is expected in addition to competition-promoting policies, further clarifying the factors driving intensifying competition. Sprint's postpaid wireless churn rate also deteriorated to 1.82%.
  2. FY2019-Q3WorsenedAnnual report

    「Postpaid wireless churn rate 1.84% Deterioration of 0.13 percentage points」

    Sprint's postpaid wireless churn rate deteriorated to 1.84%, and wireless subscriptions declined by a net 26,000. The impact of competition and customer retention risks in the communications services market intensified further.
  3. FY2019-Q2MaterialisedAnnual report

    「Postpaid mobile churn rate 1.59% 1.73% Worsened by 0.14 percentage points」

    Sprint's postpaid wireless churn rate deteriorated to 1.73%, indicating that competition and customer retention risks in the communications services market were reflected in performance metrics.
  4. FY2019-Q1MaterialisedAnnual report

    「Postpaid wireless churn rate 1.55% Deterioration of 0.05 percentage points」

    Sprint's postpaid wireless churn rate reached 1.55%, indicating that competition risk in the communications services market, including the competitive environment, was reflected in performance metrics.
  5. FY2018WorsenedAnnual report

    「In Japan's telecommunications business, frequencies were allocated in April 2018 to Rakuten Mobile Network, Inc. as a new MNO, in addition to the existing MNOs SoftBank Corp., NTT DOCOMO, Inc., KDDI Corporation and Okinawa Cellular Telephone Company.」

    With respect to competition risk, the allocation of frequencies to a new MNO is described in addition to competition among existing operators, clarifying the factors driving intensified competition in Japan's communications market.
  6. FY2018-Q3MaterialisedAnnual report

    「The deterioration in the postpaid wireless churn rate was attributable to the delayed improvement of network quality in certain areas, the shift toward retaining high-value customers rather than the entire existing customer base as the number of customers whose handset leases or installment contracts had reached maturity increased, and the impact of competitors following Sprint in February 2017 by introducing unlimited data plans.」

    The introduction of unlimited plans by competitors and other factors were reflected in Sprint's actual performance through a deterioration in churn, with the postpaid wireless churn rate reaching 1.71%.
  7. FY2018-Q2WorsenedAnnual report

    「The postpaid wireless churn rate deteriorated due to an increase in customers whose handset installment sales or lease contracts reached maturity, as well as the impact of competitors following Sprint in February 2017 by introducing unlimited data plans.」

    The postpaid wireless churn rate deteriorated from 1.37% in the same period of the previous year to 1.59%, due in part to competitors introducing unlimited plans.
  8. FY2018-Q1WorsenedAnnual report

    「In the preceding quarter, competitors followed Sprint and introduced new plans offering unlimited data. This intensified competition and worsened the postpaid wireless churn rate.」

    The introduction of unlimited plans by competitors intensified competition, worsening Sprint's postpaid wireless churn rate to 1.50%.
  9. FY2017-Q3MaterialisedAnnual report

    「The churn rate deteriorated slightly year on year, affected by aggressive customer acquisition campaigns by competitors.」

    Sprint's postpaid churn rate deteriorated by 0.05 percentage points year on year to 1.67% due to customer acquisition campaigns by competitors.
  10. FY2017-Q2RestatedAnnual report

    「Intel Corporation develops x86-based processors for personal computers and servers and aims to expand the use of these chips in embedded markets, including tablets, mobile phones and the Internet of Things (IoT).」

    In addition to the existing competition risk in communications and services, competition between Arm and major semiconductor companies and smaller IP companies is described.
  11. FY2016First statedAnnual report

    「If competitors use their advantages more aggressively than at present to sell services and products, our Group may be placed at a disadvantage in the sales competition, making it difficult to provide services and products as expected or to acquire and retain customers.」

    The Group anticipates being disadvantaged by competitors' financial strength, technological capabilities, pricing competitiveness and customer bases, among other factors.
Moved together

"Impact of foreign exchange movements on business performance and financial position" moved the same way as this thread, in the same document, in 7 of its 11 moves.

743333★123456
  1. ★This thread
  2. 1Impact of foreign exchange movements on business performance and financial position7×
  3. 2Poor Performance at Investees and Impairment of Investment Assets4×
  4. 3High Levels of Interest-Bearing Debt, Financing and Covenants3×
  5. 4Sprint's Continued Losses and Free Cash Flow Shortfall3×
  6. 5Maintaining and Enhancing Telecommunications Network Quality3×
  7. 6Yahoo Business Loan Commitments and Credit Exposure3×

★ 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 SoftBank Group Corp. yet.
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Intensifying Competition in the Communications and Services Markets | SoftBank Group Corp. (9984) | Komori