Intensifying competition from major entrants and alliances among competitors
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2024-Q3.
2 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「The home-delivered water industry is thriving, with demand for the business expected to continue and companies from other industries entering the market.」
The disclosure continues to describe an increasingly competitive environment, with companies from other industries entering the market even as demand for home-delivered water is expected to remain strong. - FY2024-Q2RestatedAnnual report
「The home-delivered water industry is thriving, with demand for the business expected to continue and companies from other industries entering the market.」
The disclosure continues to describe an increasingly competitive environment, with companies from other industries entering the market even as demand for home-delivered water is expected to remain strong. - FY2023-Q3RestatedAnnual report
「The home-delivered water industry is thriving, with demand for the business expected to continue and companies from other industries entering the market.」
The disclosure continues to describe an increasingly competitive environment, with companies from other industries entering the market even as demand for home-delivered water is expected to remain strong. - FY2022-Q3Emergence of entry by companies from other industriesAnnual report
「The home-delivered water market is expected to continue growing as consumer lifestyles and values change, and companies from other industries are also entering the market. Demand for the home-delivered water business is therefore expected to remain strong.」
The disclosure adds specific developments in the competitive environment, stating that companies from other industries are entering the market amid growth in the home-delivered water market. At the same time, it expects demand for the home-delivered water business to continue. - FY2017-Q1RestatedAnnual report
「In light of moves by major companies to enter the home-delivered water industry and business alliances among competitors, the two companies discussed future business development and stronger partnerships. They concluded that, in order to maintain a certain market share and sustain growth in the home-delivered water industry, they needed to operate the business through a stronger cooperative and collaborative structure than before.」
Against the backdrop of major-company entry and alliances among competitors, the disclosure continues to indicate the need to strengthen the cooperative and collaborative framework. - FY2016First statedAnnual report
「In light of moves by major companies to enter the home-delivered water industry and business alliances among competitors, the two companies discussed future business development and stronger partnerships. They concluded that, in order to maintain a certain market share and sustain growth in the home-delivered water industry, they needed to operate the business through a stronger cooperative and collaborative structure than before.」
The entry of major companies and alliances among competitors were cited as market conditions behind the management integration.