Risk of customer attrition due to competitor openings, price competition and online services
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
121 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Fitness clubs continue to increase, including low-cost gyms opened under new business models by companies in the same industry and specialized clubs focused on studios such as Pilates studios.」
The company reiterates the competitive environment created by the growth of low-cost gyms and specialized clubs. - FY2024First statedAnnual report
「To respond to changes in consumer behavior, we conduct advertising and promotional activities using social media and, since September 2023, have introduced at all locations a service that displays real-time congestion information on our website and elsewhere using access logs obtained through AI facial recognition. However, if transportation access changes after we open a location or new entrants emerge from other companies in the same industry, new competitive relationships may arise and affect our business performance.」
The company describes intensifying competition from low-cost gyms, similar business models and online fitness services.