Growth Opportunities in the Fitness Market Driven by the Development of Sports into a Growth Industry
First written in FY2017-Q2. 5 of 21 entries say "Worsened", first in FY2020. Latest entry: FY2026.
Renaissance moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Worsened".
- FY2026Updated intensifying competition and persistently high costsAnnual report
「In the fitness industry as well, addressing intensifying competition driven by the growing number of low-cost unmanned gyms and the active opening of new formats, as well as rising prices in general, has become an urgent priority. We believe that industry restructuring resulting from these developments will continue.」
Competition is becoming even more intense as low-cost unmanned gyms and new business formats open at an accelerated pace, while responses to inflation and industry consolidation are expected to continue. - FY2024-Q3Updated strong market conditions and rising costsAnnual report
「In the fitness industry, the growing visibility of health issues arising from lifestyle changes has increased expectations for the role of health promotion hubs, including sports clubs, as places to maintain and improve basic physical fitness and build connections with others.」
The industry view that expectations are rising for health promotion hubs such as sports clubs as health issues become more apparent was presented. - FY2024-Q2Updated strong market conditions and rising costsAnnual report
「In the fitness industry, the market is active as a wide range of business formats expands despite increasingly difficult external conditions, including higher construction, utility and other costs. In addition, growing awareness of exercise and health is becoming increasingly evident as health issues associated with changes in lifestyles emerge.」
While higher construction, utility and other costs and difficult market conditions were noted, the market was described as active due to the expansion of diverse business formats and growing health awareness. - FY2024-Q1Updated demand recovery and diversification of business formatsAnnual report
「In the fitness industry, personal consumption is on a recovery trend as health awareness continues to rise and the effects of the infectious disease ease, with diversification in store formats and an expansion of customer demographics. Meanwhile, the business environment remains uncertain due to persistently high operating costs and other factors.」
Personal consumption is on a recovery trend as the effects of the infectious disease ease and health awareness rises, while the diversification of store formats and customer demographics and persistently high operating costs were also noted. - FY2023RestatedAnnual report
「Demand is recovering as the eighth wave of the infectious disease has subsided, people's motivation to exercise and health awareness have increased, and, in March 2023, an industry association revised its guidelines for responding to the infectious disease and adopted a policy under which customers' mask use in sports facilities would generally be left to individual discretion.」
Regarding the unstable industry environment caused by the infectious disease, demand was described as being on a recovery trend against a backdrop of increased motivation to exercise and health awareness and revised guidelines. The difficult conditions caused by higher utility and personnel costs were also noted. - FY2022WorsenedAnnual report
「In the fitness industry, demand for relief from lack of exercise led to a temporary recovery trend despite the impact of activity restrictions based on infection levels. However, operating costs such as fuel expenses are currently trending upward, and the business environment is expected to remain uncertain.」
A recovery trend driven by demand to address insufficient exercise was described, while rising operating costs such as fuel expenses were cited as a reason unstable conditions are expected to continue in the fitness industry. - FY2022-Q3Added the scale of the fitness recovery campaignAnnual report
「Across the industry, efforts are being made to restore fitness activity, including cooperation from approximately 100 companies and 3,000 facilities in the “Fitness for a Vibrant Life” campaign organized by the Japan Fitness Industry Association, a general incorporated association.」
Across the fitness industry, efforts to restore activity are progressing, including a campaign involving approximately 100 companies and 3,000 facilities. - FY2022-Q2RestatedAnnual report
「In the fitness industry, facilities have been operated while implementing infection prevention measures, and efforts have been made to prevent secondary health problems during the COVID-19 pandemic. However, the business environment remains uncertain, with repeated waves of infection delaying the recovery in the number of enrolled members.」
The unstable environment facing the fitness industry due to the infectious disease and efforts to prevent secondary health problems have been reaffirmed. - FY2021WorsenedAnnual report
「In the fitness industry, facilities continued to operate while implementing infection prevention measures, but a difficult business environment persisted, including a reluctance among customers to use the facilities.」
In addition to the growth of and intensifying competition among existing small-format facilities, customer reluctance to use them due to the infectious disease continued, and difficult conditions persisted throughout the fiscal year in the fitness industry. - FY2021-Q2WorsenedAnnual report
「The infectious disease has had an unprecedented impact on the fitness industry, which remains in an unstable environment due in part to signs of a second wave emerging from July onward.」
The impact of the infectious disease was described as unprecedented, and signs of a second wave from July onward caused instability in the fitness industry to continue and intensify. - FY2020WorsenedAnnual report
「The timing of the end of the spread of the novel coronavirus remains uncertain, and the fitness industry continues to face unstable conditions.」
In addition to the growth of and intensifying competition among existing small-format facilities, the spread of the infectious disease has increased instability in the fitness industry. - FY2020-Q2Updated the continued opening of small-format facilities and market revitalizationAnnual report
「In the fitness industry, small standalone fitness facilities tailored to users' diverse needs continue to open as health awareness among the public grows, further revitalizing the market.」
The industry view that the continued opening of small standalone fitness facilities is further revitalizing the market has been presented. - FY2019Added market revitalization through small, purpose-oriented facilitiesAnnual report
「In the fitness industry, demand is being stimulated and the market revitalized as small, purpose-oriented facilities tailored to customer needs regarding usage times and purposes, such as standalone gyms and hot-yoga studios, actively open.」
The industry view that the active opening of small, purpose-oriented facilities is stimulating demand and revitalizing the market has been added. - FY2019-Q3Updated the accelerating growth of small-format facilities and the role of full-service facilitiesAnnual report
「In the fitness industry, growth continues to accelerate among small-format facilities that meet users' diverse needs. Full-service sports clubs are expected to contribute as health promotion hubs for local residents, offering not only fitness services but also a broad range of programs such as junior schools.」
While growth among small-format facilities continues to accelerate, full-service sports clubs are described as being expected to serve as community health promotion hubs, including through junior schools and similar programs. - FY2019-Q2Accelerating growth and intensifying competition among 24-hour and small-format facilitiesAnnual report
「In the fitness industry, growth continues to accelerate among small-format facilities, including 24-hour gyms, personal gyms and women-only studios, which meet users' diverse needs. While the market is steadily expanding, competition is also becoming increasingly intense.」
Accelerating growth among small-format facilities, including 24-hour gyms, personal gyms and women-only studios, and intensifying competition have been described as industry trends. - FY2019-Q1Updated market trends by business formatAnnual report
「In the fitness industry, the number of openings of full-service sports clubs has temporarily declined due to higher construction costs and other factors, while small-format facilities tailored to users' diverse needs are growing rapidly. Across the industry, the role of these facilities as health promotion hubs where local residents, from older people to children, can gather is important, and steady growth is expected.」
The decline in openings of full-service facilities due to higher construction costs and the rapid growth of small-format facilities have been described as changes in the industry's structure. - FY2018-Q3RestatedAnnual report
「In the fitness industry, small-format facilities continue to be actively rolled out to meet diverse customer needs, including different purposes and usage times, as awareness of health promotion grows among individuals across the country. Companies are also actively working to promote employee health from the perspective of health management, and the number of users making use of time after work continues to trend upward as a result of work-style reforms and other initiatives.」
The continued rollout of small-format facilities serving diverse customer needs, corporate health management, and the upward trend in users visiting after work have been described. - FY2018-Q1Additional user demographics and industry trendsAnnual report
「In addition, as companies' focus on employee health has grown and work-style reforms and other measures have increased the number of users visiting after work, use by middle-aged and older people aged 40 and above has been trending upward.」
The increase in users visiting after work driven by work-style reforms and the increase in use by middle-aged and older people aged 40 and above have been added as industry trends. - FY2017RestatedAnnual report
「In the fitness industry, the number of openings of full-service sports clubs has temporarily declined due to higher construction costs and other factors, while small-format facilities tailored to users' diverse needs are growing rapidly. Across the industry, these facilities play an important role as health promotion hubs where local residents, from older people to children, can gather, and steady growth is expected.」
The opening of small-format facilities, corporate health promotion initiatives, momentum behind sports club memberships, and demand for schools supported by the sporting event have been reproduced. - FY2017-Q3Additional fitness market trendsAnnual report
「In the fitness industry, activity has remained brisk, with new small-format facilities tailored to specific customer needs opening actively as awareness of health promotion has grown among individuals across the country. Meanwhile, companies, particularly large corporations, have strengthened their efforts to promote employee health, and support for encouraging employees to join sports clubs has grown. In addition, strong performances by Japanese athletes at the Olympics and Paralympics held in August provided further impetus, and the number of school members remained robust.」
The opening of small-format facilities, corporate employee health promotion, encouragement to join sports clubs, and trends in demand for schools supported by the Olympics and Paralympics have been added. - FY2017-Q2First statedAnnual report
「The Japan Revitalization Strategy 2016 identifies the development of the sports industry into a growth industry as one of the 10 public-private strategic projects aimed at achieving nominal GDP of ¥600 trillion. The fitness industry is expected to play an even more leading role in expanding the sports market and increasing the percentage of adults who engage in sports.」
The government's policy of developing the sports industry into a growth industry and the growing awareness of health promotion are described as growth opportunities for the fitness industry.