Komori
SoftBank Group Corp. (9984) · RiskRestated

Maturation of Japan’s Communications Market and Slowing Growth

First written in FY2016. 7 of 9 entries say "Restated". Latest entry: FY2019-Q3.

9entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q2RestatedFY2018-Q1 – FY2019-Q32016: 320162017: 220172018: 320182019: 12019
Same theme, other companies
Maturation of the Mobile Communications Market and Lengthening Device Replacement CyclesA theme 9 companies write about · 10 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.

6 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. FY2019-Q3RestatedAnnual report

    「Amid changes in the competitive environment in Japan's mobile communications market, SoftBank Corp. is working under its "Beyond Carrier" strategy to steadily expand smartphone and broadband subscriptions in order to achieve medium- to long-term growth while generating free cash flow steadily.」

    Against the backdrop of competition in Japan's mobile communications market, the policy of responding by expanding smartphone and broadband subscriptions and nurturing new businesses was reaffirmed.
  2. FY2019-Q1RestatedAnnual report

    「SoftBank Corp. is working to steadily expand smartphone and broadband subscriptions in order to achieve medium- to long-term growth while generating free cash flow steadily, as Japan's mobile communications market reaches maturity.」

    Based on the maturity of the domestic telecommunications market, the Company reaffirmed its policy of responding through expansion of smartphone and broadband subscriptions and steady cash flow generation.
  3. FY2018RestatedAnnual report

    「Japan's domestic telecommunications market is one of the stable markets with high profitability by global standards, but in recent years multiple mobile virtual network operators have emerged, intensifying competition for customers, while Japan as a whole faces population decline associated with the declining birthrate and an aging population.」

    In addition to maturity and intensifying competition in the domestic telecommunications market, the declining birthrate, an aging population and population decline continued to be described as structural issues.
  4. FY2018-Q3RestatedAnnual report

    「To achieve medium- to long-term growth as Japan's mobile communications market reaches maturity, the domestic telecommunications business is working to strengthen its future earnings base by steadily expanding smartphone and broadband subscriptions, investing to create new revenue opportunities, and seeking to generate free cash flow steadily.」

    Based on the maturity of Japan's domestic mobile communications market, the Company reaffirmed its policy of responding through steady free cash flow generation, expansion of smartphone and broadband subscriptions, and investment in new revenue opportunities.
  5. FY2018-Q1RestatedAnnual report

    「Although Japan's mobile communications market has reached maturity, the domestic telecommunications business will focus on expanding smartphone subscriptions while improving the efficiency of capital investment, and will steadily generate free cash flow under these conditions.」

    The response to the maturity of the domestic mobile communications market through more efficient capital investment and the expansion of smartphone subscriptions continued to be presented.
  6. FY2017WorsenedAnnual report

    「Japan's mobile communications market has reached maturity, while MVNOs (note) are rapidly increasing their market share with low-cost pricing plans as their competitive advantage.」

    For the domestic market, the description of constraints on competition and growth became more pronounced, shifting from simply slowing growth to market maturity and the rapid expansion of MVNO market share.
  7. FY2017-Q2RestatedAnnual report

    「Although growth in Japan's telecommunications market, including mobile communications services, is expected to be slower going forward than in the past, the Company is focusing on acquiring and retaining its main lines, defined as smartphones, conventional mobile phones, tablets and mobile data communications devices, which are the sources of revenue, in order to steadily grow profits from its domestic telecommunications business under these conditions.」

    The disclosure again describes slowing growth in the domestic telecommunications market and the response of focusing on acquiring and retaining main lines.
  8. FY2017-Q1RestatedAnnual report

    「Although growth in Japan's telecommunications market, including mobile communications services, is expected to be slower going forward than in the past, the Company is focusing on acquiring and retaining its main lines, defined as smartphones, conventional mobile phones, tablets and mobile data communications devices, which are the sources of revenue, in order to steadily grow profits from its domestic telecommunications business under these conditions.」

    The disclosure again describes slowing growth in the domestic telecommunications market and the focus on acquiring and retaining main lines in response.
  9. FY2016First statedAnnual report

    「The number of domestic mobile communications service subscriptions reached 158.59 million, with a population penetration rate of 125.1%, and growth in the domestic market is expected to be slower going forward than in the past.」

    Against a backdrop of high penetration, slowing growth in the domestic telecommunications market is identified as an external environmental challenge.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for SoftBank Group Corp. yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.